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Author Topic: [ANN][BETA][ICO] Coinbates: Weapons of Mass Adoption  (Read 2199 times)
coinbates (OP)
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August 24, 2018, 02:49:49 AM
Last edit: April 27, 2019, 05:18:25 AM by coinbates
 #1

Coinbates. Launching May 2019.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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coinbates (OP)
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August 24, 2018, 03:12:45 AM
Last edit: August 28, 2018, 01:55:36 AM by coinbates
 #2

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coinbates (OP)
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August 24, 2018, 03:38:53 AM
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TwinBird23
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August 24, 2018, 03:45:25 AM
 #4

I see this new platform that requires support and promotion. for that matter, is there a bounty pool available for imaging this project?
coinbates (OP)
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August 24, 2018, 05:02:57 PM
Last edit: September 19, 2018, 08:17:19 PM by coinbates
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Krezz2017
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August 24, 2018, 05:20:36 PM
 #6

Here you write the following: "Of course, cryptography not only offers a competing alternative to government currencies, like distributed books that violate both banking and payment systems." I do not quite agree with this statement. Crypto currency is only a means for earning Fiat. In the end, everyone needs Fiat.

coinbates (OP)
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August 24, 2018, 05:49:24 PM
 #7

Here you write the following: "Of course, cryptography not only offers a competing alternative to government currencies, like distributed books that violate both banking and payment systems." I do not quite agree with this statement. Crypto currency is only a means for earning Fiat. In the end, everyone needs Fiat.

I am sorry but we did not make any statement regarding "distributed books that violate both banking and payment systems."

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August 24, 2018, 06:03:15 PM
 #8

Coinbates has a potential future for me. I like to see you have a product, crypto cashback ecommerce shopping. This should ensure people to join in this project. Great! I can't wait to participate in your bounty campaigns.
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August 24, 2018, 06:08:09 PM
 #9

I think the founder of this project has a lot to understand about cryptocurrency, because you say it yourself, you joined cryptocurrency starting in 2010, it's a long time to understand cryptocurrency. hopefully success and many will appreciate your great work
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August 24, 2018, 07:04:06 PM
 #10

How many of the stores you have used in the announcement have you got on board (with a proper contract)?

I'm also curious as to where the crypto for cashbacks will come from? Do the companies pay you in fiat for the referrals and then you convert this to crypto to pay cashback?

It certainly sounds like an interesting project (similar to TopCashback and other sites) and I'll certainly be keeping an eye on this one.

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coinbates (OP)
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August 24, 2018, 09:15:32 PM
 #11

I think the founder of this project has a lot to understand about cryptocurrency, because you say it yourself, you joined cryptocurrency starting in 2010, it's a long time to understand cryptocurrency. hopefully success and many will appreciate your great work

Thank you for your support. Yes, we need to spread the understanding of cryptocurrency into society so individuals embrace it for the right reasons.
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August 24, 2018, 09:29:27 PM
 #12

the project is good but needs more effort for mass adoption from merchants ,do you have already partnered mechants in the catalogue?
i hope you get more adoption
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August 24, 2018, 09:56:36 PM
 #13

What benefits does it offer for an average online shopper? For instance, being a bitcoin believer, I wouldn't want to use my debit/credit to purchase anything from a crypto project. Do you have an option to let me pay using just crypto?

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Crypto cashback rewards are paid out once per quarter directly to your specified crypto wallet address. You can change the coin that you would like to be paid in at any time before your next payout date.
Quarterly is a big gap. Not many people would like to wait this long.
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August 24, 2018, 10:08:00 PM
 #14

The founder has a good history of cryptocurrency, but that doesn't have to be good, unless indeed the founder has delivered a project in the realm of success. The founder will have a name and many large companies will offer a job and at least the founder will be a new project advisor
coinbates (OP)
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August 24, 2018, 10:11:26 PM
Last edit: August 24, 2018, 10:28:05 PM by coinbates
 #15

What benefits does it offer for an average online shopper? For instance, being a bitcoin believer, I wouldn't want to use my debit/credit to purchase anything from a crypto project. Do you have an option to let me pay using just crypto?

Quote
Crypto cashback rewards are paid out once per quarter directly to your specified crypto wallet address. You can change the coin that you would like to be paid in at any time before your next payout date.

Quarterly is a big gap. Not many people would like to wait this long.



First, you will never use your debit or credit card to purchase anything from Coinbates. All of the purchases happen on the merchants' websites. So as a bitcoin believer you now have another way to get BTC, and for the average online shopper, now they have a way to dip their feet into crypto while getting a discount on a purchase at the same time! A recent Gallup poll showed that 70% of Americans have heard of crypto and the majority of them believe that crypto will continue to rise in value, and yet only 5% stated they planned to buy any crypto. Why would that be the case? Because the barrier to adoption of crypto is still quite high, and that's where we come in, to lower the barrier with our frictionless and riskfree entryway into crypto.

Second, Ebates has been paying out fiat cashback quarterly to millions of  Americans for the past 20 years, so that would be enough to nullify your claim that 'not many people would like to wait this long'. That being said, we will work to compete with even Ebates on the payout time, it is a consideration of ours in improving the user experience of our flagship product.


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August 24, 2018, 11:07:35 PM
 #16

I am a longtime lurker and yet I felt the need to register so I could comment on this project. Why this project? Well, I have been following this project since I first read about it on Nanode. I am a retail investor that has been staying as far away from ICO's as possible since this bear trend engulfed the crypto market. The truth is, this is the first ICO project I've come across that LITERALLY has a chance at attaining mainstream adoption. Not just the buzz word.... but this project has a good chance at capturing that ever elusive unicorn - adoption. Not to mention that if this project is successful (and you are a believer in cryptocurrency and it's claim to the future of currency as we know it), then this is the e-bates of crypto.  A company, which I'm not sure if you are aware, was sold in 2014 for 1 Billion dollars.  Yup, I want in on this project.  It may have a low floor, but the ceiling is insanely valuable.  I'm in.  Good luck!  
coinbates (OP)
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August 25, 2018, 02:28:55 AM
Last edit: September 19, 2018, 08:17:33 PM by coinbates
 #17

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August 25, 2018, 03:12:31 AM
 #18

Your project is very interesting and I am convinced that later many will support this project, hopefully in the future the project can go according to plan.

http://DOMINIUM.me
Decentralised, regulated, property financing, property listing and property management platform
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August 25, 2018, 03:24:42 AM
 #19

Your project is very interesting and I am convinced that later many will support this project, hopefully in the future the project can go according to plan.

Thank you for expressing your support. We are excited to help push the story of crypto forward.
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August 25, 2018, 03:35:22 AM
 #20

Hello to your project and the whole team! You here write that governments are prone to tyranny, and cryptography is a wonderful test against this fact. Let's see how you manage your project without tyranny Smiley
Tell me please, which citizens can take part in Coinbates?
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