This reply may have been mistyped, misread or misunderstood.

So...

"No Merchants will create their own points using our merchant wallet and consumers will be able to get all their..."

Was missing a comma.



POINTS are cryptocurrency technology so all of the benefits you describe are completely available.

Using the POINTS system merchants will be able to create their own POINTS using the merchant wallet. These would be optional sub-tokens they can create for their own loyalty program benefits. Merchants can alternatively just issue and redeem POINTS directly. Consumers can use their wallet to send and receive POINTS and any sub-tokens created by specific merchants.

Merchants will have tools made available to them to make the process easy to implement into new and existing systems. The system is open so people have the freedom to use their POINTS how ever they wish.

Chain of Points is a purpose-built, dedicated blockchain solution. It will be it's own blockchain with customized features. Features will include: DPoS, Ricardian contracts, and others. We have more details in the whitepaper which can be downloed from the site.



We will be posting more specifics about the project over the next few days. This will include milestones, partnerships and additions to our advisory board.

The pre-sale is capped at 21M POINTS and we expect the demand to be extraordinarily high. Although the final total supply is 100M, those are not premined. After the pre-sale, additional coins will be generated through staking so it will take many years to reach that number.



We are in various stages of negotiation with several significant partners. Our team members come from various backgrounds that all contribute to the business objectives of this project, including ties to the loyalty space. We are also in more detailed discussions with some technology providers concerning the specifics of implementing Chain of Points into existing systems.

In addition to the open POINTS blockchain we have other technologies in development. Access to a robust API is of high importance to our efforts related to integration.

The universality comes from the implementation of a dedicated blockchain solution for transactions based on loyalty programs.

POINTS, the native token for the system, is a cryptocurrency that can be exchanged for goods and services as well as traded for other digital tokens. Rather than having your loyalty points locked up in a proprietary system that only allows one-way transactions, the Chain of Points system decentralizes the tracking of loyalty that is rewarded to consumers.

This completely changes how people use reward points in many fundamental ways that are beneficial to both consumers and businesses.

The system creates more flexibility for consumers. It allows businesses to create loyalty programs with a low barrier to entry so more options for consumers can be created.

POINTS will be earned by consumers who transact with merchants that use the system tools.
POINTS will be redeemable through merchants who support POINTS.
POINTS are a dedicated digital token so they can also be openly traded.

Merchants will also have the ability to create their own loyalty programs using sub-tokens that can then be traded for POINTS, all within the system.

Many thanks to everyone for their support so far.

Some bounty information has been added to the ANN information and we will be adding more soon.

We will also be updating the media section to help everyone stay updated on the attention we are getting.

There are several questions that have been asked above and all will be answered in upcoming posts.

Hello everyone, there was a glitch with our signup form, please ensure that you are signed up for information on the company and crowdsale at https://chainofpoints.com

Also, confirming, the crowdsale starts tonight, at 7pm EST (1am CET) at https://chainofpoints.com.

Thanks everyone.

Inquiries will be addressed and we are perfectly happy to answer hard questions.

The topic is self-moderated to prevent irrelevancies, unwarranted attacks, thread hijacking, spam posting, etc., etc.

The crowdsale is being handled by Token Market.

The ANN post has been updated with more information.

Specifics about the pre-sale can be found at the website. We also have a mailing list and Slack channel so you can ask the team questions directly.

We will be hosting additional opportunities for people to make inquiries and will be posting that info shortly.

Thank you to everyone for your encouragement.

The media links section has been updated to show more of the exposure we have been receiving.

We will be posting information about bounties and other ways to participate as we grow.

More information is now being released. Please check the second post to see a few examples of some media exposure the POINTS project has received so far.

You can also follow our latest articles and blog posts at Medium:

https://medium.com/chainofpoints

Thanks to everyone for their translation service offerings. You will all be contacted shortly. We will post as our needs are covered and post more as necessary.



They are not the same.

Chain of Points is distinct in several ways. The Chain of Points whitepaper describes the system in detail and can be downloaded from the website. We will be adding information to the OP for convenience but for quick reference...

• The first dedicated digital currency for loyalty solutions
• The first digital currency to use Ricardian contracts
• The first digital currency designed for any loyalty solution

We have also developed significant partnerships with loyalty industry solution providers. One of our objectives is to ensure Chain of Points adoption into actual applications as early as possible.

Bounty list will be posted soon.

Some short-term needs will be:

• Signature campaign management
• Social media campaign management
• Translations

Others TBA

Chain of Points (POINTS)
Transforming Loyalty Into Rewards
ChainOfPoints.com

COIN SALE IS NOW LIVE AT TOKEN MARKET

Digital currency is creating new ways for people to store and exchange value. Using blockchain technology it is now possible to redefine the loyalty economy which can have a tremendous positive impact for both businesses and consumers globally. Chain of Points is a dedicated digital currency designed to address the current problems faced by the loyalty industry.

Chain of Points creates new loyalty methods for businesses.

Chain of Points creates new reward incentives for consumers.

Chain of Points is… Modernizing the rewards industry.

Chain of Points unlocks the power of blockchain technology to revolutionize loyalty programs. Loyalty programs represent a multibillion dollar industry and the consumer enrollment is steadily increasing, while the actual participation and loyalty redemption is dropping significantly. To bridge this imbalance, Chain of Points is introducing the POINTS token.


Chain of Points For Business:
POINTS is a blockchain-based token that provides a simple and flexible solution to Merchants and Customers in loyalty rewards space. Merchants need turn-key and inexpensive loyalty programs to retain and grow their customer base, while Customers are looking for liquidity and one-button solutions to all their reward programs. Chain of Points provides a turnkey platform powered by the Chain of Points Blockchain that transforms any rewards program into an effective Loyalty tool.


Chain of Points For Consumers:

All-in-one digital solutions are becoming significantly more appealing to Consumers, as compared to the various existing loyalty card programs. The usability, small implementation cost, along with the comprehensive and accessible free market (inherent in a decentralized system such as Chain of Points) makes this solution very attractive to small and home business owners. A powerful API also helps make Chain of Points com- patible with the more sophisticated workflow of medium-sized and big businesses. The Chain of Points provides Customer satisfaction by providing liquidity of their rewards, and tailored loyalty.

The Chain of Points difference…

POINTS incorporates cryptocurrency functionality programmed to act as the technical backbone of the loyalty and gift card industries. These to- kens can be used to promise, redeem, and transfer rewards from Merchant to Customer, Customer to Customer, and even Merchant to Merchant. The comprehensive cryptographic workings native to the Chain of Points blockchain also offer ways to fully and flexibly create gift cards, tokens, and even general legal contracts by using our own easy-to-understand language for implementing Ricardian Contracts. A Delegated Proof-of-Stake-based consensus algorithm is used to validate transactions in the network, mak- ing the system truly scalable and on a par with the transaction speeds of established financial services such as VISA.


Chain of Points Technology
Chain of Points leverages digital currency while transforming loyalty into rewards that are easier, better and more cost effective for everyone.

Chain of Points has created tradable tokens called POINTS. POINTS are built using blockchain technology, offering a solution that anyone can understand and use in a matter of minutes. POINTS provide a stable and scalable solution that benefits the producers and companies (hereafter referred to as Merchants) as well as their Customers.

Chain of Points is designed to be a speedy and lightweight solution that would allow businesses to focus on their goals, and let the technology function under the hood. This is why we employ a new and promising Delegated Proof-of-Stake-based blockchain validation algorithm. One reason for this cutting-edge design choice is that the algorithm can handle at least as many transactions per second as NASDAQ claims on average. So if you decide to use Chain of Points, you can bet it will be a smooth experience.


POINTS
A maximum of 100,000,000 POINTS will be in circulation. 30% of those POINTS will be pre-mined. Out of those, 21 million will be offered in an Initial Crowd Sale.

Chain of Points with its POINTS token has created a turn-key, universally adapt- able Loyalty Rewards system that can be simply implemented for any size business. Liquidity and ability to trade POINTS provides an unprecedented solution to Mer- chants and Customers implementing Loyalty Rewards programs.

Businesses wishing to stay ahead of their competition must must primarily use their resources in a smart way. Instead of wasting time and money building classical loyalty programs which are fundamentally unsuited to younger generations, invest it in furthering your main goals, and let Chain of Points handle loyalty altogether.

Join the Chain of Points community and join the new way of transforming loyalty into rewards.

Visit ChainOfPoints.com for more detailed information.


Chain of Points Community

We want to welcome as many people to the Chain of Points community as we can. Part of this effort is to allow people to earn POINTS as rewards such as bounties. We are offering the following reward bounties:

Signature campaign thread:
https://bitcointalk.org/index.php?topic=1801121.0

Translation Bounties: 1000 POINTS per language
Article Bounties: 1000 POINTS per approved post

More rewards will be announced very soon. Bounty POINTS will be available at the end of the pre-sale period when tokens become available.

We will be replying to bounty inquiries in the order they are received.