Chain of Points
Commerce & Retail
Blockchain-based platform incentivizing participation in loyalty programs
- A scalable solution that benefits the producers, companies and customers - User-friendly: a solution that anyone can understand and use in a matter of minutes - Customers are incentivized to reclaim their rewards, lest they lose a portion of their value - Flexibility and collaboration advantages: any group of merchants can collaborate and provide any costumers with desired rewards
- A delegated Proof-of-Stake-based consensus algorithm (DPoS) is used to validate transactions in the network - Ricardian Contracts language for creation of gift cards, tokens, and even general legal contracts - Anyone (Merchant, Customer or neither) can access the decentralized Chain of Points network and create their own type of cryptocurrency according to their needs, setting its value, supply, and other details.
|ICO start date||24 Feb 2017|
|ICO end date||29 Mar 2017|
|Additional Token Emission||No|
A maximum of 100,000,000 POINTS will be in circulation. 30% of those POINTS will be premined. Out of those, 21 million will be offered in the Crowdsale. New POINTS are introduced into the system through a process often called minting. Namely, unused POINTS have the ability to produce new coins, at a set annual rate. So the more POINTS someone has, the more POINTS they will create over time for themselves.
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