[UPDATED] BitCheke-Crypto Gateway, created to bring crypto into the masses!
Welcome to the next level of the cryptocurrencies mass adoption!www.bitcheke.com What is BitCheke?Bitcheke (BCK) is a decentralized cryptocurrency, that is focused not only on disrupting an industry, but focused on disrupting the advertising industry and commerce, as well, in the way we exchange goods and services. We are taking what may seem overly complicated to the masses by making cryptocurrency simple to use and understand. In advertising and commerce, consumers and businesses can be introduced to cryptocurrency through rewards reserved to incentivize them to start using cryptocurrency in their everyday life, gaining great compensations.How it worksBitCheke operates on the Waves blockchain, it means, that it is
a DAPP on the top of the Waves blockchain. The usage token inside our ecosystem is BitCheke Token (BCK).
Why BitCheke
The problems of BitCoin:The biggest problem with Bitcoin at the moment is that it has not broken out into mainstream adoption. One study pegs the number of active cryptocurrency users to between 2.9 and 5.8 million by the end of 2017 and as a result of the impressive growth of the price of Bitcoin the user’s wallets registered to the main exchanges globally, raised the estimated bitcoin users to 13 Million, dropping substantially the activity in 50% of this wallets during February 2018. This paper proposes a solution for adding a billion users to the cryptocurrency movement by adding key elements missing in order to provide significant adoption by mainstream users. The next billion users have not yet entered cryptocurrency for two main reasons:
1. Too complicated
Cryptocurrency suffers from complexity for the average user. Managing private keys, public keys, blockchain concepts—it’s all vastly out of the reach of the average user. In some cases the next Billion
users may even barely be able to operate a smartphone, unless he or she is motivated by an incentive that will change his life.
At BitCheke we have a slogan that reads “Making what is complicated Simple”, this is not just a marketing tool, is a commitment with the 1/3 of the population of the world that is under poverty and another 1/3 of the world population is ignorant of the great impact this new tendency of adopting a cryptocurrency mind will bring to their life’s.
2. Not Relevant
Today, the only thing you can buy with a cryptocurrency are mainly other cryptocurrencies. The vast majority of people have no involvement with this process and no interest. Until the average user can use cryptocurrency to buy a bag of rice or a loaf of bread, or pay for lunch or dinner, but clothes or the basic necessities to survive, the relevancy of cryptocurrency will be restricted to a small exclusive audience.
What we offerOur solution is AdCredit incorporation. AdCredit, is a smart contract between Bitcheke and the Brands, merchants and chain of distribution that look for a change in the impact of their consumers aמּention and cost associated to the Advertising and Marketing Industry in general, that every day cost more and more to have a positive impact into their customer aמּention and awareness, causing a selective impact to their products, if they only knew the final consumer, his habits, preference, geographic stats to drive and target customers and obtain
100% results out of every campaign where they invest millions on resources, we know for a fact that social media has pass traditional advertising channels such as TV, Newspapers, magazines, radio, and
even Digital traditional internet advertising, the millennia’s generation is about social media, influencers, power driven markets that had a huge impact in others forms of advertising, and we are
going to add one more.
AdvantagesIn a nutshell, BitCheke provide benefits not only for the ordinary consumers, but for the merchants, retailers and brands as well. The main advantage for ordinary consumers is an up-to 40% “cash-back” in BitCheke tokens, which then they can use to buy goods and services on the BitCheke market, which they would be simply lose. The main advantage for retailers and merchants is similar system of “cash-back” (from 10% to 30%). It depends on how much education they gave to their employees. The main advantage for brands (for merchants and retailers as well) is that they get absolutely free access to the advertising market, thanks to BitCheke ecosystem.
What are the BitCheke solutions exactly?1. The Mobile Reward Wallet. One of the hardest problems in crypto is how to radically reduce the complexity of handling handling cryptocurrency. BitCheke solves this problem through several end users, including a mobile wallet application free to download, that will become the only soﬞware and hardware needed to socially mine Rewards that can be converted to BitCheke and a contactless smart card that can be integrated to the UniCheke POS.
2. The Smart Card Solution. The second layer that reduces even more complexity is the use of a smart card. The card can be used with or without the mobile app, and one member of the family could use the mobile app to charge up multiple cards that can be used by other members of the family. By empowering users with a contactless smart card, this enables users to avoid even the complexity of navigating a smartphone app. The number of transactions that can be completed are not limited to, Sell/ Buy Rewards, AdCredits and BitCheke, also been able to sell/Buy other currencies, pay for good and receive Rewards credited to your rewards wallet instantly.
3. The BitCheke Platform. The BitCheke Platform, is the final round-up in solving the complexity issue. As a both soﬞware and hardware, the full stack implementation allows the merchants to integrate their existing POS device by connecting with the BitCheke Platform and accept payment in lieu of purchase/sale of cryptocurrencies and sale of daily goods & services. The hardware allows the use of the Smart Card and any Mobile Wallet, whereby addressing the inter-operability complexity.
Key Features:Algorithm: SHA256 + POS
Coin Name: BITCHEKE
Coin Ticker: BCK
Platform: Waves
Can be purchased during PP with: BTC, ETH, WAVES
Max Supply: 75 Billion
Pre-mine: 20 Billion
POS Reward:
150 Coins/ Block 1st Year
100 Coins/ Block 2nd Year
50 Coins/ Block until max supply is reached
Block Time: 60 Seconds
Min Age: 6 Hours
Also, our new
WhitePaper is
ready. You can check it here:
http://www.bitcheke.com/public/pdf/WHITEPAPER-BITCHEKEV2SPA.pdf.
