Interesting users case of Tokens. Think XCH
Barry Silbert @barrysilbert on Twitter today:
I'm expecting an explosion of blockchain-based token issuances by companies/apps/brands as new loyalty/incentive model. Bitcoin is conduit
@RevealHQ and RVL coin has opened my eyes to the potential for a new way of driving consumer behavior
Further comment by Silbert:
'think of a world where loyalty points had value & could be transferred/sold. could be very powerful tool for brands'
https://www.reveal.me/coinMeet Reveal CoinReveal Coin is a powerful new “currency for attention” that challenges the way other social networks do business — and we want you to own a part.
It’s our way of making you an owner in the social network that we’re creating together. We believe that you deserve to share in our success. After all, you’re the one inviting your friends and creating the awesome content that keeps them coming back. It’s the right thing to do.
In the future, Reveal Coin will enable a totally new experience, not possible on any other social network. We’ll use it to solve the problems of access and attention for influencers. We'll use it to totally reinvent advertising, putting you in control of what data you share and whether you see ads at all. And eventually, we’ll reinvent payments, with your Reveal Wallet being your gateway to the future of money.
Our journey is just beginning. We invite you to learn more and join us as a Founding Member.
What is Reveal Coin?Reveal Coin is not just a points system, or a reputation score. It’s an actual cryptocurrency that we’ve built in to Reveal, and it’s backed by our future ad revenue. It is distributed on the Stellar network, and we give every user a free wallet to hold their Reveal Coin.
What makes RVL valuable?When we sell ads in the future, advertisers will have to pay using Reveal Coin. This means they will have to buy Reveal Coin from whoever has it (Reveal and our users). Because there is a limited supply of Reveal Coin, the idea is that as the company becomes more successful (and demand for ads increases) the value of the coin increases too.
Reveal Coin can also be used in the app to get the attention of other users (including popular featured users). You can attach it to your questions to increase the likelihood of a response. In the future, there will be many other use-cases for it in the app as well.
How do I earn RVL?Our Founding Members (those who join in our first year) will receive 1,000 RVL just for signing up. After that, you can earn 10,000 RVL for every friend who joins using your referral code and 100 RVL for every like you get on your Reveals. We're giving away more RVL for these actions in our early days than we will later. So the sooner you join, the more you can earn!
Program Guidehttps://www.reveal.me/rewards.pdf
