To get you an idea of how we are going to do it, we are going to partner with several categories of companies:
- merchants
- payment processors
- "Bitcoin debit card" companies
and offer 10% cashback, paid in Bytes, for all qualifying purchases (no matter how the purchases are paid).
Example: Say I'm new to this, and I buy a new phone from a merchant in the program. I pay $200 for the phone, and my merchant asks me to install a Byteball wallet? Is that how it will work?
Exactly.
This would fit perfectly in the idea of using Tokens as a loyalty scheme, but as a new user I wouldn't want to install software to receive anything after a purchase.
If you don't install, you don't receive.
There's been a fair amount of media noise around cryptos lately, someone might be already interested in entering the game but didn't know how to do it. Here we offer an opportunity.