Hi - sorry for the delay in getting back to you.


If you are a senior member, then you would receive 100 GPS Tokens ($5 equivalent) for each completed week that you had our signature on the site. However, in order to qualify, you need to make a minimum of 10 posts per week.

Thank you. We still have some way to go before its a finished product, but unlike most ICO projects, we self-funded the project for 2 years before even thinking about raising money. The major benefits of this decision are:

• Development-wise, we are much further along than the majority of ICO projects.
• Business-wise, we have had the time to develop proper business processes and budgets. The business has grown slowly, but organically.

Regarding your question as to how it works. I'll try to answer this as succinctly as possible.

For Normal Users

1. The Triffic App lets you earn GPS Tokens by walking, cycling or driving about. The GPS Tokens are monetized by users needing to watch short video messages. This is exactly the same as how mobile gamers watch adverts to gain power-ups. It's a process called gamification and is now by far the most effective way for software companies to earn revenues.

2. Users can also earn GPS Tokens by accessing augmented reality beacons that have been created by other users like business owners. Augmented reality beacons are typically found outside local businesses and when the user clicks on them, they would receive an offer like "Buy any product over $5 and earn 4 GPS Tokens."

I mean, I know augmented reality works if you look through a camera, and not that it doesn't just pop over the screen in a free 3D hologram, the way it shows in your videos.

For Business Owners

1. Entice truly local footfall to your area by creating an augmented reality beacon outside your premises. These beacons are designed to give people GPS Tokens when they accomplish tasks (eg buy something over $5, like something on Facebook etc...)

2. It's a unique advertising platform which takes full advantage of traffic that is PHYSICALLY within a very local area. It also has a much lower learning curve than solutions like Google Adwords.


Awesome - don't forget that you get up to 200 GPS Tokens, just for following us on social media.


If you go to https://triffic.world/en/become-a-tester/ you should be able to join the program. We are currently trying to get the Android version up to parity with the iOS version and once this is done, that's when we will be starting our testing program.


If you visit https://triffic.world/en/how-to-invest/ you will see a step-by-step guide which should tell you everything you want to know. If you still have any questions, please post them here.

... and I’ve just authorized you.

I think the confusion here is due to Google Translate changing the word 'beacon' to 'lighthouse' in some languages. Basically we are using the term to mean "a visible object serving as a signal, warning, or guide".

I made this quick video which shows the beacons in action.


Pretty much. Basically anybody has the ability to place a beacon wherever they like and other Triffic Users will get notified if they visit the same area. Each beacon can be set to hold GPS Tokens and release them based on parameters like

• buying a product from the location - eg: 'Spend $5 on pizza'
• liking something on Facebook or Twitter
• whatever...

Sure - The main use for GPS Tokens is in our forthcoming mobile app. In a nutshell, people earn GPS Tokens whenever they travel about and 450,000,000 tokens is the number that have been allocated to app users. (I just noticed that the allocations were wrong in the initial post, so I've updated things accordingly). You can find more information at https://triffic.world/en/gps-token-allocations/


The bounty allocation is 70,000,000 GPS Tokens and we are launching the bounty program on Monday 12 November. In fact, the team are putting the finishing touches to our bounty site as we speak. The post I made a few hours ago which said "Hello, I've just added my signature. Thanks!" was just me testing out our automated bounty system and was meant to deleted. Unfortunately, BitcoinTalk won't let me delete the message for 24 hours!

I'll post more information about the bounty program over the weekend.

Hello, I've just added my signature. Thanks!

Hi - I'm not aware of anywhere that we mention lighthouses. I think that you might have used something like Google Translate which mistakenly used the word 'lighthouses' instead of 'beacons'. A beacon is essentially a highly visible marker. All lighthouses are beacons, but not all beacons are lighthouses.  

These lighthouses/beacons appear in augmented reality and users can interact with them and receive GPS Tokens.

You are correct that America controls the current system of GPS satellites, however the information data that they broadcast is publicly accessible by anyone without the need for any license fees to be paid. This is why an increasing number of applications are using GPS data for anything from delivering local search results to marking the locations of photos to tracking the whereabouts of your kids.

We very much think so - and it's only going to get more interesting from here on in.


Correct. The app is monetised by the user needing to watch a short video message which, in turn, gives them a certain amount of time to earn GPS Tokens whilst travelling around. We return 50% of our video ad revenue back to users in the form of GPS Tokens that are bought on the open markets.


You can use them to create augmented reality beacons outside businesses - for example, 'Buy anything over $6 and receive 4.5 GPS Tokens - or you can use them to create scavenger hunt and geocache type games and you can also use them to pay for favours in the local community - eg, walk my dog etc...

The way we've designed the system makes GPS Tokens easy to integrate into literally any business - all you need is the phone app.


Because purchasing them in the ICO gives people a way to stock up on larger amounts of tokens, meaning that businesses and service providers can instantly start using them to create their owe augmented reality campaigns.

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GAMIFY YOURSELF AND GET REWARDED


The Loyalty market is a $500 billion opportunity for blockchain-based infrastructure.

• While many companies run their own loyalty programs, they are normally based on individual proprietary systems that are expensive to develop internally.
  
• Users are expected to carry multiple cards or download multiple apps to keep track of their various loyalty program memberships.

The Triffic ecosystem provides a more efficient way for companies of all sizes to create, market and promote their loyalty program.

• Companies use the Triffic App to create augmented reality beacons outside their premises or in high-traffic areas which drive footfall.
  
• Beacons can contain GPS Tokens, the blockchain-based cryptocurrency that powers the Triffic ecosystem.

GPS Tokens can be acquired with or without investment because of the revenue-generating gamification features of the Triffic App.

• The unique ‘Proof of Effort’ smart contract that validates user earnings is based on a variety of factors including geolocation and traffic congestion.

Unlike all other loyalty programs, GPS Tokens have an actual monetary value.

• GPS Tokens can be cashed out and exchanged into fiat using any participating cryptocurrency exchange.

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GPS TOKENS AND TOKEN SALE

FOUNDERS SALE - 2/7/18 TO 29/3/19

Triffic Pre-ICO Begins - 3/2/18 TO 8/7/18

Triffic 'Early-Bird' ICO - 3/12/2018 - 17-12-2018

MAIN ICO - 28/1/19 TO 29/3/19

TRIFFIC ICO OFFICIALLY ENDS - 29/3/19

CURRENCIES ACCEPTED

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TEAM TRIFFIC

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KEY ADVISORS

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FAQ

What is being sold?
^{The GPS Token is a utility token that is being sold to investors and early adopters of the Triffic App.}

What is the GPS Token and what utility does it play within the triffic app?
^{The token will be used to incentivize and reward app users who can either use them in the in-app economy (marketplace, business and service promotion, rewards etc.) or they can exchange them for Bitcoin, Ethereum or any other cryptocurrency.}

How many GPS Tokens are there in total?
^{Triffic Innovations Ltd has generated a total supply of one billion GPS Tokens (1,000,000,000). These will act as a placeholder during stage one of the development of the Triffic app. Once stage two (blockchain integration) is reached, GPS Tokens will become their own child chain on the Ardor ecosystem and holders of the initial GPS Token placeholder will exchange them at the rate of 1:1 into the new token. When this occurs, any undistributed placeholder tokens will be burnt, massively reducing the supply, and the new child chain algorithm will 'mine' GPS Tokens based on GPS and accelerometer readings.}

How many GPS Tokens are being sold in the token sale event (ico)?
^{Forty percent (40%) or 400,000,000 of the total GPS Token supply of 1,000,000,000.}

How will the sales event (ico) work?
^{The Coinerz Group have created an Ignis Asset called 'GPS Tokens'. Each token is valued at US$0.05. Investors can purchase tokens by using Bitcoin, Ethereum, Ardor. The price will be pegged to USD, which means that there will be some fluctuation in the price as the markets move up and down.}

How will the sales process work?
^{A detailed description of our sales process is located on our sales site and in our White Paper which contains an easy step-by-step walkthrough. Please contact our Customer Support team if you have any questions.}

What is the GPS Token structure & pricing?

• ^{Total Supply: 1,000,000,000 GPS Tokens}
• ^{Allocated ICO supply: 400,000,000 GPS Tokens (40%)}
• ^{Allocated Triffic App supply: 450,000,000 GPS Tokens (45%)}
• ^{Allocated Team and Advisors supply: 75,000,000 GPS Tokens (7.5%)}
• ^{Allocated Bounty supply: 70,000,000 GPS Tokens (7%)}
• ^{Allocated Scavenger World supply: 5,000,000 GPS Tokens (0.5%)}
• ^{1 GPS Token = US$0.05}
• ^{Soft Cap = US$100,000}
• ^{Hard Cap = US$12,000,000}

What will happen to all the unsold GPS Tokens during the token distribution event?

• ^{Any unsold GPS Tokens from the ICO allocation will be burnt after the ICO, reducing the overall supply.}

What is the token delivery plan?

• We will deliver the GPS Tokens within 14 days after the conclusion of the public sale event on March 29, 2019.
• The amount of GPS Tokens that the user will receive is based on the BTC, ETH or ARDR price at the time of submission. This means that if you bought tokens when Ethereum was US$500, you would receive 10000 GPS Tokens, whilst if you bought tokens when Ethereum was US$1000, you would receive 20000 GPS Tokens.

Where do I send btc, eth or ardr?
You should only send funds to the address you see on the token sales site. Your payment address will be different depending on the token you wish to use.


Is there any way to earn bonus GPS Tokens?

• ^{We have a number of different ways to earn bonus GPS Tokens. Our bounty programs are available to anybody who meets our basic KYC requirements. More information is available in the 'Bounties' section of the website}
• ^{Investors who purchase more than US$10,000 of GPS Tokens will receive a heavily discounted price of US$0.02 per GPS Token. These tokens have a lock-in period which prevents their sale until approximately 60 days after the close of the ICO.}
• ^{Investors who purchase their GPS Tokens using Ardor will receive an additional 10% bonus.}

Is there a kyc whitelisting process?

• ^{Our KYC process is run by Identitymind, and is fully automated. You must meet our KYC requirements in order to purchase GPS Tokens. People who wish to invest over US$10,000 will also need to pass enhanced KYC. Don't worry, our token sales site makes the process step-by-step and makes it easy.}

I am a us citizen, can I participate in the ico?

• ^{US citizens can take part in the ICO if they are an accredited investor. An accredited investor is someone who has a net worth of AT LEAST US$1,000,000, excluding the value of ones primary residence, or have an income of at least US$200,000 each year for the last two years ($300,000 combined income if married). If you think that you qualify, then please contact our support desk by clicking the 'Help' button.}

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THE TRIFFIC BACKSTORY

Triffic was initially conceived during the Pokemon Go craze of summer 2016 when company founder James Malach was in Laos during an extended public holiday. Because everything was closed and the public transportation system was not operating, he downloaded Pokemon Go and spent the next couple of days wandering around the streets of Vientiane catching a plethora of Pikachus and other digital monsters.

By the time that the public holiday ended, he had walked for miles and collected over a hundred Pokemon. James immediately realised that the hours he had spent on the game had provided little tangible reward apart from the title of ‘Level 7 Pokemon Trainer’, something which, at the age of 41, was not really something to get excited about.

Having been working in the Blockchain Industry since 2012, he immediately started thinking how it could be possible to create a Pokemon Go styled game which gave out real rewards. He initially called this ‘Scavenger World’ and raised just over one Bitcoin (worth approximately US$600 at the time) from members of the Nxt community by creating and selling an asset on the Nxt blockchain.

Click here to watch the original Scavenger World crowdfunding video

After the initial US$600 was depleted, James took the decision to bootstrap the funding of the company himself and during the next few months, he worked with several developers on a variety of concepts and honing the business model each time until eventually the project grew in scope to the point where it was renamed ‘Triffic’ - an amalgam of ‘Traffic’ and ‘Terrific’.

Work continued on the project for the next few months and in August 2017, Alex Shepherd, a high-level blockchain developer and project manager joined the team, quickly implementing new methodologies, and processes to our development and freeing up James to concentrate on the business side of the company.

In September 2017, the decision was taken to raise funds for Triffic via an Initial Coin Offering which would be scheduled for the following year. In October 2017, Christian Wallace, a highly experienced military procurement consultant was brought on board to provide much needed structure to the internal workings of the company.

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ABOUT THE COMPANY

Triffic Innovations Limited is incorporated in the British Virgin Islands as a BVI Business Company (1978145) and is a wholly owned subsidiary company of The Coinerz Group Pte. Ltd. (201732993N) a private limited company that is incorporated in Singapore that currently has team members from UK, USA, France, India and Australia who have been working together for a long time.

We believe that blockchain technology is a game-changer, but we also believe that cryptocurrency is only the tip of the iceberg. The true value of the blockchain will be felt in industries beyond finance. We are positioned to take advantage of this by creating and nurturing the next generation of easy-to-use decentralised applications that are accessible to anybody in the world.

Unlike most blockchain companies, the value of our company will not be based on the fluctuations of a volatile trading market. Instead, we will build value the traditional way - by creating amazing products with a sound business model, making the most effective partnerships and listening to our users.

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The thread is now locked. Thank you all for your quick help.

Brilliant - I'll do that now. Thanks for your help!

Also, we are in the process of deploying the site update now, so if you check back in about an hour you will see the new site, white paper and news section.

No - we had our one week pre-ICO in July and raised around $100,000. We have been concentrating on building out the app and are now holding the main ICO starting from December. The reason I deleted the original post is because the app has come on in leaps and bounds since then due to the initial funding.

I am trying to post a new ANN with the new updated information, including a video walkthrough of the app - which includes a demo of the augmented reality features. However without the ability to post images, I'm a bit crippled!

Is there any actual benefit to merits? Do higher merited users get more features?

Do we need to re-register for the new beta forum?