Do you think coins that perform a 100% cashback loyalty works?

[puremage111]

Alright

So recently i found out this company, there are actually a MLM company which sells Health Care Products, Healthy products
They are issue-ing their own coins
Supply: 1000,000,000 (1 Billion Token Maximum)
Price : $0.10

This is what they do
You bought a product worth $150, you will get back $150 worth of their token (0.07% per days until 100%(Mature Date))

In this case, it actually benefit their customer more because it is an extra added value for customer because they don't get any tokens in the past but they do get now
So every token you get back 0.07% daily can be spent on the products

However here's the problem, do you think a 100% cashback loyalty program really works?
IMO, they are paying back too much to the customer
100% in the case price always stuck at $0.10

What if the coins went below $0.10 or above $0.10?
What happen then?

Kindly share your view

Thanks

[Psynthax]

Alright

So recently i found out this company, there are actually a MLM company which sells Health Care Products, Healthy products
They are issue-ing their own coins
Supply: 1000,000,000 (1 Billion Token Maximum)
Price : $0.10

This is what they do
You bought a product worth $150, you will get back $150 worth of their token (0.07% per days until 100%(Mature Date))

In this case, it actually benefit their customer more because it is an extra added value for customer because they don't get any tokens in the past but they do get now
So every token you get back 0.07% daily can be spent on the products

However here's the problem, do you think a 100% cashback loyalty program really works?
IMO, they are paying back too much to the customer
100% in the case price always stuck at $0.10

What if the coins went below $0.10 or above $0.10?
What happen then?

Kindly share your view

Thanks

100% cashback just like a dream and can you expect the product will be running smoothly and it will be having a lot of demand? you must remember they pay you a token and this will be very volatile.
I will not put a high expectation for that. Remember where is the company gets its revenue if that's not coming from the product? It will not work for long term operation.

[puremage111]

Alright

So recently i found out this company, there are actually a MLM company which sells Health Care Products, Healthy products
They are issue-ing their own coins
Supply: 1000,000,000 (1 Billion Token Maximum)
Price : $0.10

This is what they do
You bought a product worth $150, you will get back $150 worth of their token (0.07% per days until 100%(Mature Date))

In this case, it actually benefit their customer more because it is an extra added value for customer because they don't get any tokens in the past but they do get now
So every token you get back 0.07% daily can be spent on the products

However here's the problem, do you think a 100% cashback loyalty program really works?
IMO, they are paying back too much to the customer
100% in the case price always stuck at $0.10

What if the coins went below $0.10 or above $0.10?
What happen then?

Kindly share your view

Thanks

100% cashback just like a dream and can you expect the product will be running smoothly and it will be having a lot of demand? you must remember they pay you a token and this will be very volatile.
I will not put a high expectation for that. Remember where is the company gets its revenue if that's not coming from the product? It will not work for long term operation.

Yeah thats one of the problem that i am actually thinking
In the long run, how would the company pays off if the demand went overboard/over slow down much
Both ways would results both different effects

Imagine
1 Token is currently $0.10
You bought a product for $100, you get back 1,000 ABC token

When token price is now $0.50
To buy a product for $100, you only pay 200 ABC now
If you spent all your 1000 ABC token, you buy $500 worth of product
In fact, it means company might need to self payout $400 worth of product

So that's thing i am wondering how it would pay off eventually

[ryzaadit]

Just another a scumbag scammer, it's just a different method of a Ponzi scheme. We all know all Ponzi scheme will be ended "SCAM". I guarantee these company/people will run around 1-3 month after the token was released or he just makes a few reasons why the project its fail, bad, the price token down, etc. 

[xenomorphe1]

It looks like a ponzi scheme. How can they earn money if they are giving back money? The coins value they are giving can't be equal to what a customer pay.
Except if they are selling nothing, it can't be 100% cashback. A company can't survive without any revenue.

[Red-Apple]

there are actually a MLM company

didn't you just answer your own question here?

MLM is a scam and it does work but only for a short time. basically think of it as a time bomb without a timer interface on top of it to show you when the bomb is going to go off. it is your decision whether to stick around that bomb and risk being exploded or run away as soon as you hear the ticking...

[Adriano2010]

If is MLM then is 100% scam, try other ways to get cahsback if possible and maybe you will find some who pay less but still get some money back, you can try risk but is your choice.

[Reid]

Have you read their whitepaper or roadmap.

I dont think they will be doing this just to lose money or get bankrupt. Of course there is a lot of reason behind this.
The good thing is, they are ready to accept the risk which could go huge if the project gains success.
Why?
They will have the larger amount in their stash and also if it does work it is will an easy popularity for sales and those given for freebies will still be paid.
Love how people create new ideas our of greed.

[ashmodeus]

Alright

So recently i found out this company, there are actually a MLM company which sells Health Care Products, Healthy products
They are issue-ing their own coins
Supply: 1000,000,000 (1 Billion Token Maximum)
Price : $0.10

This is what they do
You bought a product worth $150, you will get back $150 worth of their token (0.07% per days until 100%(Mature Date))

In this case, it actually benefit their customer more because it is an extra added value for customer because they don't get any tokens in the past but they do get now
So every token you get back 0.07% daily can be spent on the products

However here's the problem, do you think a 100% cashback loyalty program really works?
IMO, they are paying back too much to the customer
100% in the case price always stuck at $0.10

What if the coins went below $0.10 or above $0.10?
What happen then?

Kindly share your view

Thanks

100% cashback just like a dream and can you expect the product will be running smoothly and it will be having a lot of demand? you must remember they pay you a token and this will be very volatile.
I will not put a high expectation for that. Remember where is the company gets its revenue if that's not coming from the product? It will not work for long term operation.

Yeah thats one of the problem that i am actually thinking
In the long run, how would the company pays off if the demand went overboard/over slow down much
Both ways would results both different effects

Imagine
1 Token is currently $0.10
You bought a product for $100, you get back 1,000 ABC token

When token price is now $0.50
To buy a product for $100, you only pay 200 ABC now
If you spent all your 1000 ABC token, you buy $500 worth of product
In fact, it means company might need to self payout $400 worth of product

So that's thing i am wondering how it would pay off eventually

of hell yes, i believe that what u want.
but how about if really happening is different ?
in this case,quality of product is the key.
to be honest i am not support this project , but well, like people say, if u can create money with different thing , why not
we know MLM just a short duration,make u sure u quit before the project close sudden.

[ethereumhunter]

MLM? Well, I don't believe with the MLM because I have a bad experience with MLM in the past. And if they have a product in the cryptocurrency and they still searching for the referral, then I don't think that it will works because the top member will gain the benefits, while the lowest member cannot gain the benefits. It's happened with all MLM programs in real life, and only the first people will be rich from the MLM programs.

[sunsilk]

I know there's an on going project that has been focused with their loyalty strategy but they don't promise 100% and it's name attached to it. And this coin is called loyalcoin but I haven't used them although they have been active for quite awhile.

OP like they said, you mentioned that they are MLM so it's an obvious answer. It's just a gimmick that you'll get xx coin and aim for that 100% cashback, you'll see complains if someone reaches that. This is their strategy so that many will buy more of their products.

[sabine80]

it all sounds very strange to me. how should a company finance a 100% cashback? i think that is not possible in the long run and also it is a scam, but i may be wrong.
whenever it sounds too good, you should be careful.