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Topic: RibbitRewards Is The First Rewards Program Built On The Blockchain - Ecommerce (Read 8049 times)

member
Activity: 72
Merit: 10
Do the cashback/rewards go to retailers and buyers?
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
Ribbiting Madness!

Definitely watching. I've done a lot of stupid shit involving the word ribbit Cheesy

Perhaps time to do something smart with it.

Biomech, the RibbitMaster since 1995 Cool
hero member
Activity: 528
Merit: 500
We are the ones we've been waiting for
Great project! I'll contact you ASAP Smiley
newbie
Activity: 27
Merit: 0
Reserved for questions, comments and insight.
Hop Forth!
newbie
Activity: 1
Merit: 0

“RIBBITREWARDS IS THE FIRST REWARDS PROGRAM BUILT ON THE BLOCKCHAIN”

FREE ONLINE E-COMMERCE MARKETPLACE - POPULATED WITH LARGE MERCHANTS
MANY CRYPTOCURRENCIES ACCEPTED WITH INSTANT CONVERSION
BUILT-IN MULTILAYERED FRAUD PREVENTION INCLUDING TRUST SKOR
GET PAID TO BUY, SELL OR DONATE!

Check out http://RibbitRewards.me for more information


THE GOAL IS TO BECOME THE REWARD OF BLOCKCHAIN TECHNOLOGY!
  • WE WILL HAVE A UNIVERSAL PLUG-IN THAT EVERY ONLINE RETAILER HAS AT CHECKOUT
  • ALLPARTIES IN THE TRANSACTION WILL QUALIFY FOR RIBBITREWARDS
    • AMBASSADORS ARE READY TO GO & RECRUIT MERCHANTS.


    FRAUD PREVENTION
    • PROOF OF IDENTITY (POI) <> PASSPORT REGISTRATION
    • TRUST SKOR <> ADVANCED ALGORITHM BASED ON SOCIAL MEDIA & E-COMMERCE HISTORY HISTORY
    • CHECK-OUT “CHECK LIST” <> AT TIME OF PURCHASE
    • MULTI-SIG WALLET (via 3RD PARTY)
    • TBA - 3D SOLAR SYSTEM - COMMUNITY CAN MONITOR TRANSACTIONS


    WHAT CAN I DO WITH RIBBITREWARDS?
    • JUST LIKE ANY OTHER ASSET YOU CAN USE "RIBT" TO GET THE STUFF YOU WANT! ONCE YOU HAVE A DIGITAL PASSPORT (AKA: “”WALLET”) ISSUED YOU ARE GOOD TO GO.
    • RIBBITREWARDS IS AN OPEN SOURCE DIGITAL REWARD THAT CAN BE USED TO TRANSFER VALUE WITH ANYONE ELSE IN THE COMMUNITY.
    • YOU CAN SAVE YOUR SAVE YOUR REWARDS AS WELL. THE MORE RIBBITREWARDS YOU SAVE THE MORE THEY WILL BE WORTH, MEANING THE INCENTIVE AWARDS GOING TO CHARITY WILL BE WORTH MORE TOO.
    • THE MORE YOU SAVE THE MORE YOU GIVE!

    RIBBITREWARDS PROTOCOL

    A. Proof of Identity (POI)
        1. To receive a wallet a person must pass through an identity verification process.
        2. Reduces risk of miner collusion and regulatory non-compliance.

    B. Proof of Transaction (POT)
        1. Incentivizes activity through RibbitReward allocation.
        2. Transaction is defined as a transaction on the flagship marketplace or another participating integrated marketplaces in many different forms of value.
        3. Transactions will be grouped by block time generated in the blockchain.
        4. All of the transactions that occur during any particular block time will be defined as the pool of transactions.
        5. "RIBT" rewards are distributed to participants in transactions weighted according to the value of their transaction relative to the pool of transactions.
          
    C. Proof of Work (POW)
        1. Encourages the accumulation of RibbitRewards balances to capture and retain value in the blockchain.
        2. RibbitRewards are awarded to qualified RibbitRewards miners and passport holders
        
    D. Hop Forth!
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