🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀

[cxrealdcx]

So this is an ERC 20 token that enables you to offer token? why do you need a middle man to offer a token, when most company can just offer their own ERC 20?

Marketing and popularity would be bigger on 1 concentraded i would say

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[Jay2408]

So this is an ERC 20 token that enables you to offer token? why do you need a middle man to offer a token, when most company can just offer their own ERC 20?

Probably companies won't want to do a token. It's an unknown territory for companies who haven't been in the blockchain. So they sure would want to work with some program like Gatcoin.

Exactly, consider this for example - small brand of stores wants to have somekind of loyal program for custormers, so they need to issue their own card. With GAT there will issue their own tokens and you as a customer won't be need to carry your card to collect loyal points

Yes, right. And what's more (that's what I like in particular), you can trade among your several loyalty tokens, e.g. trade your tokens a drugstore chain for flight miles 

[hifzi]

NICE INTRODUCTION VIDEO, 

also nice thread
will back to see ico open

[Trrrt]

Gatcoin is really a nice idea, for exemple the whopercoin is an idea for a brand to build their own token around marketing. But with gatcoin, the platform will manage the creation of these tokens, so any brand who want to build a token for the marketing will use gatcoin. Really disruptive and useful', i love the idea.

[tiger5056]

What is the reason for using the ERC20 standard for the GAT token instead of the SLL technology you use for the merchant tokens?

To be honest, there is no need to complicate things by moving away from the proven ERC20 platform for the GAT token itself, the added functionality that the GATCOIN system offers merchants (stay tuned for yet to be announced features) are not required for the token so we wanted to keep it simple!

To hear about these features watch our Founder and CEO live at BlockShow Asia via our Facebook page https://www.facebook.com/gatcoinofficial/videos/2206917076219727/ streaming now.

How you going to deal with congestion in ETH network? merchant wants faster transactions. customer do not want to wait hour for ETH transaction to complete that i seen many time when transfer ERC20 tokens. ERC20 is ok for smart contract and ICO for now.

[alphashotgun]

@Sharma

if a german translation for the whitepaper is needed please contact me via DM. i would kindly reserve the job to be done

[GAT_Chris]

What is the reason for using the ERC20 standard for the GAT token instead of the SLL technology you use for the merchant tokens?

To be honest, there is no need to complicate things by moving away from the proven ERC20 platform for the GAT token itself, the added functionality that the GATCOIN system offers merchants (stay tuned for yet to be announced features) are not required for the token so we wanted to keep it simple!

To hear about these features watch our Founder and CEO live at BlockShow Asia via our Facebook page https://www.facebook.com/gatcoinofficial/videos/2206917076219727/ streaming now.

How you going to deal with congestion in ETH network? merchant wants faster transactions. customer do not want to wait hour for ETH transaction to complete that i seen many time when transfer ERC20 tokens. ERC20 is ok for smart contract and ICO for now.

Great question, merchant tokens will be part of the GAT network not the ETH network and will utilise SLL technology to improve transaction times to a point where they are similar to that of Visa or Mastercard.

You can find out more about SLL technology here https://www.gatcoin.io/how-it-works-high-speed-super-large-ledger-technology/

[lvsca]

NICE INTRODUCTION VIDEO, 

also nice thread
will back to see ico open

stay tuned here, and you will get another good information.
don't miss another good news while you leave

[alphashotgun]

by the way- will there be a pre sale too?

[GAT_Chris]

by the way- will there be a pre sale too?

There is no presale, however early buyers will be rewarded as the first 33.3% of tokens will be sold at $0.20 per token, the next 33.% at $0.30 and the the final 33.3% at $0.40.

[PewPewGoesTheDuck]

Having a business partner already lined up is a good sign of future success.

[GAT_Chris]

GATCOIN is pleased to announce that is just unveiled targeted A-Drop functionality to its platform which will allow retailers to target consumers based on demographic, spending preferences and geolocation.

You can view the full press release here  
https://www.gatcoin.io/gatcoin-unveils-new-crypto-currency-airdrop-technology/

And get an overview on how the entire GATCOIN system works here
https://www.gatcoin.io/wp-content/uploads/2017/09/170928v2-GATCOIN-System-Overview.pdf

[viljy]

White paper seemed to be written by Balzac. It is necessary to read it for two days. Balzac wrote long novels because he was paid for every page. Now I've reading your white paper, but it's only up to 3/4 again. What I liked: internal Merchant Tokens are accessed only inside the system, your GAT Coins, which is the ERC20 token, serves as the input and output to the system. As far as I understand, Merchant Tokens are being accessed at a much faster rate than the Ethereum network can provide. The speed of transactions like in Visa / Mastercard is a huge advantage. Since the ethereum network often needs to wait a long time for confirmation. This system can unite completely different business sectors on its platform. Universal coupon market! Still very good that you already have major partners.

[cantdecide]

What I have seen so far, I like the distribution through the voucher. And as I am currently in Japan, I like it even more Seems to be an interesting project!

[matjas]

Again, most companies might not be blockchain savvy yet but a quick Google search on creating ERC token will show the steps involved and it's not that complicated. It takes less than 30 mins to create one. I have created several tokens and am not that technically inclined, so it would makes sense that companies actually interested in blockchain will easily  learn the process.
 So, my question is how does GATCOIN plan to stay viable 6mths - 1yr down the line as most individuals find out that solidarity is not rocket science and most of this scripts can be easily created or emulated. Why will companies subcontract GATCOIN ( a company using ERC 20) to create a token for them when it takes less than 30 mins to create your own ERC 20 token.

Well Gatcoin also offers a mobile token wallet for all their merchant tokens and the possibility to trade these merchant tokens on their own exchange for an other one. If you issue your own token, trading isn't that easy (except maybe Etherdelta).

So basically Gatcoin is an exchange utilizing erc token to get of the floor and all they basically offer is a wallet and token. Also, don't sell me the line about ED been the only easy exchange to get into. We all receive several free airdrops that is trading on several platforms. So why will a well known company decide to pay to commission Gatcoin to release their token. Again ERC 20 tokens are very easy to create. Let say 1 or 2 companies bite cos solidarity comprehension is at an infantile stage. anyway, how do they keep Gatcoin viable a yr down the line, when this things cease been an issue.

The way i see it is like you said, its easy to make a ERC20 token, you made several but what value does a token have if its not backed by some platform or a project behind it.
If a company creates a token just because they can, it wont benefit them nor the clients, but if you integrate it in a platform like Gatcoin, you get a lot of different options to utilize it.

[FIEX]

GATCOIN is pleased to announce that is just unveiled targeted A-Drop functionality to its platform which will allow retailers to target consumers based on demographic, spending preferences and geolocation.

You can view the full press release here  
https://www.gatcoin.io/gatcoin-unveils-new-crypto-currency-airdrop-technology/

And get an overview on how the entire GATCOIN system works here
https://www.gatcoin.io/wp-content/uploads/2017/09/170928v2-GATCOIN-System-Overview.pdf

Great article and nice summary of how this will work.
Really like the idea and I'm slowly becomming a fan of this project! Nice to see the ad in the subway

Seems a very solid team! Cant wait to see the ICO go

[haxllega]

So this is an ERC 20 token that enables you to offer token? why do you need a middle man to offer a token, when most company can just offer their own ERC 20?

Marketing and popularity would be bigger on 1 concentraded i would say

No I think a token for every company is very good. We just need some exchanges where you could change them fast.

[Coin_trader]

So, this one is a third-party distributor of any tokens or coins allocated by a group or a dev? kindly elaborate more, what would be the role of this project in an organization related to a crypto. how this one differ from the other?

[tiger5056]

https://www.gatcoin.io/gatcoin-is-blockchains-answer-to-loyalty-programs/ nice article for blockchain answer to loyalty program. Many of business could utilize this

[Korsakopf]

Hey guys, just found the thread. Interesting and easy to understand concept after seeing the Youtube video. I noticed the video was actually already watched quite a few times. I'll be checking out the whitepaper for further details