Tuesday, May 29, 2018

MB8Coin - A real world Cryptocurrency with retail outlets ready to accept



MB8 Coin will be used as a 'fuel' for the existing loyalty rewards network. MB8 Coin will be the first cryptocurrency to be released with proven real world usage and will be accepted as part or all of the payments within the existing network of vendors and retailers. MB8 Coin is set to become the backbone of a gift network that has been labeled white by over 2,100 businesses.

Already proven and highly successful, the expansion of our Euro Plus credit loyalty reward system is a real opportunity to take advantage of the efficiency brought by Blockchain technology. By replacing traditionally "closed system award models" we aim to expand into many new markets, leveraging this exciting space innovation. This transition will also allow the platform to be further enhanced and expanded for the benefit of all participants. After launch, the Euro Plus credit bonus platform will approach new customers and be exchanged for cryptocurrency called MB8 Coin.

Multibuy has been running their traditional loyalty reward system since 2005. Despite its success to date, traditional reward systems can prove costly to run and manage especially when climbing expansion into global markets. On such a large scale, the distribution and support center is labor-intensive, logistically difficult and open to fraud or system misuse.

Why did we choose to run our own Blockchain Technologies?

That's because we want to add security and transparency to our gift system. Initial tests indicate this technology is perfect for replacing our current technical solutions. Developing our own chain allows us to control the distribution, integration, support, and network expansion.
Blockchain based solutions.

This will allow us to streamline the scaling process and save on operational costs. After a deeper investigation and consultation, the added benefit of switching to prize tokens based on cryptocurrency is:

Through participation in securing networks, you can earn 5% annual growth, in the form of additional tokens.

MB8 Token is distributed through ICO to the public, new and existing business partners.

Inability to cheat out or create additional MB8 gift tokens.

Unlimited and direct transactions, perfect for modern global markets.

The use of MB8 tokens through peer to peer gifting and trading on crypto exchange will enable the discovery of actual prices.

Pull new customers to take advantage of the gift platform, as well as bring in new vendors, businesses, and holiday locations to the prize network.

Mobile Apps

Multibuy launched its first mobile app in late 2017 and plans to introduce new and improved features to enable customers to find and interact with business partners who receive MB8 Coin. Connected to your prepaid debit card, this app also doubles as a host MB8 Coins Wallet that you can use to send and receive your coins with retailers, individuals or crypto exchanges.

How infrastructure is changing.


Parameter Coin MB8


Terms of Sale Token:

Coin details
Name: MB8 Coins
Ticker: MB8
Algorithm: X13
Type: Proof Post (POS)
Class: Utility Token
Segwit Ready
Primary Distribution through ICO
All unsold coins will burn


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