yes it`s a
1 to 1 swap.
That is what we wanted to, even people don`t understand the thing behind it
the name will not be Ribbit Rewards --> will change to NRG (
syn'Rg nRg Vouchers) --> there will be an own thread in near future.
is a good name, if you take a look on all the loyal based programs whoch are icalled like nrg (is like redbull is an energy drink or pepsi a softdrink --> so Loyyal´s products work will run on this blockchain and the
mother token is called in the name of all reward programs (nrg). there will be a lot of
sub-token, like there is not just BTC
(you have platforms like poloniex, where you use BTC to buy other tokens), so loyyal`s NRG platform will add lots of different loyality programs.
so in future you will have several airline-tokens, supermarket/consumer tokens (every business who works with loyality programs on blockchain will have its own token and you can all buy and sell them on this platform. and therefore you will need the token (old ribbit reward token/even the company is just
linked to Loyyal but not official linked to the main VC company ribbit capital). so loyyal does the business deals and makes money by getting shares on whatever they bring to the
nRg blockchain and there will be the
Loyyal platform and its
nrg-blockchain with the
nrg-token where the
b2c market (users) can profit from.
usecases: 
- you shop whatever you usually do and you will earn tokens
- you travell around the world or just use the tram and you will earn tokens
- you play games online and you earn tokens
- you brush your..... with your electrically blockchain linked...... and you will earn.
- you upload a video on a social media platform and you could earn.....
thats just some examples which sub-tokens could exist in future!
But you won`t get NRG tokens, you will just get the specific tokens.
And the
value of the different Loyyal cooperation company tokens is exchangeable to NRG (if people sell it for the price they want to).
but you will earn these tokens and not NRG tokens....you just buy/sell NRG with those tokens or buy products and services with the NRG tokens.
therefore: you earn tokens with doing whatever you do....if you don`t use the tokens, you can buy NRG tokens with it as a
store of value and if you want to buy/use/lend whatever you want to do, you will use
NRG tokens to buy the specific tokens you want to have (if you don`t have it)
We don`t know exactly if there are 50 million, more or less token lost on cryptsy hack
, but if there aren`t 400 mio tokens on the market (-->
less tokens would drive the price per token higher/because the price is based on the sum of tokens and the full market cap), such future news could be just good news for holders. but maybe some people will short coins, because they just see the price dropping since last week and they don`t have knowledge about the things which are ongoing.
if you have coins, don`t sell more than you can effort to loose, if you buy - even a 20x is possible, be aware, maybe other people want to go out of it now.
You`ll find infos to the development on
https://synrgtech.slack.com/ and detailed informations about the re-branding of the Loyyal blockchain on
http://synrg.tech/you can get exactly informations from
Shannon Code (
genecyber in our forum), who is the main architect of Loyyal and who runs the NRG platform!
best wishes and always remember what big names said in the past "
the best time to make deals is when there is blood on the streets"
