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MB8Coin — Powerful development of online platform MultiBuy

MB8Coin - Powerful development of online platform MultiBuy

MB8 Coin will be used as the ‘fuel’ for the existing loyalty rewards network. MB8Coin will be the first-ever cryptocurrency that is released with a proven real-world use and will be accepted as part or whole payment within the existing network of vendors and retailers. MB8Coin is set to become the backbone of the rewards network that is already being used under white label by over 2100 businesses.

Сoncept

Multibuy has been running their traditional loyalty rewards system since 2005. Whilst extremely successful to date, a traditional rewards system can prove costly to run and manage especially when scaling the expansion to a global market. On such large scales, the central distribution and support are labor intensive, logistically difficult and open to fraud or abuse of the system.

MB8Coin - Powerful development of online platform MultiBuy
Already proven and highly successful, the expansion of our Eurocredit Plus loyalty rewards system was an obvious opportunity to utilize the efficiencies which Blockchain technology brings. By replacing our traditionally “closed system rewards model” we aim to expand to many new markets, leveraging the innovation of this exciting space. This transition will also allow for the platform to be greatly enhanced and expanded for the benefit of all participants. After the launch, our existing Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8Coin.

Advantage MB8Coin

Customer Advantage
1 — Book holidays online paying up to 100% with MB8 Coin with a 1 MB8 Coin: 1 Euro Value.
2 — Buy products online paying up to 70% with MB8 Coin with a 1 MB8 Coin: 1 Euro Value.
3 — Spend MB8 coin within existing and growing loyalty rewards network.
4 — Gain 5% p/a additional MB8 Coin rewards through staking.
5 — MB8 Coin will be listed on exchanges where customers will have the ability to trade the coin for other currencies.
6 — MB8 coin will be accepted by over 2100 businesses soon after ICO completion.
7 — The Multibuy App is being re-developed and will soon show nearest accepting business partners.
8 — Gain MB8 Coin while using the existing rewards platform.

Multibuy Advantage
1- Reduced costs in running and maintaining the Multibuy rewards system.
2 — Increased business recognition and new customers from untapped areas.
3 — Industry first where a rewards system replaces its operating model to Blockchain technology.
4 — Opens the rewards system for anyone who wishes to participate.

Business Partners Advantage
1 — Ability to benefit from increased business from new customers and brand awareness.
2 — Ability to buy and sell the rewards tokens on the open market rather than from a closed source at a fixed price.
3 — Vendors will receive MB8 Coin at ICO and from all future customer redemptions on offers.
4 — Ability to accrue 5% additional MB8 Coin rewards p/a. (by staking)

MB8Coin WhitePaper

ICO DETAILS

Name: MB8 Coin
Algorithm: X13
Coins available via ICO: 550,000,000
Initial Value: 1 MB8Coin = 1 EURO
Discount ratios: 5:1, 4:1, 3:1 and 2:1 released in stages.
ICOHardCap-€170Million(Pre-ICO+3Stagesofdiscounts)
Duration of ICO: 7thMay 2018 until Sold Out or 5thNovember 2018

MB8Coin Contact Information

SG Multibuy Group KFT, Andrassy ut 41.3 em 2, 1061 Budapest, Hungaria

WEB — www.mb8coin.io
Facebook  — http://fb.me/MB8Coin
Twitter  — http://twitter.com/MB8Coin
Reddit — reddit.com/user/MB8Coin
GitHub — http://github.com/MB8Coin
Bitcointalk ANN — https://bitcointalk.org/index.php?topic=3623567
Bitcointalk Bounty — https://bitcointalk.org/index.php?topic=3795042.0
Review from Mityaj

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