Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers🌟 ⚡🚀
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Types Of Merchant Tokens
Merchant Tokens may be issued to replace traditional discount coupons, gift vouchers, prepaid
cash cards, and loyalty points.
▪ Cash Tokens: used as pre-paid cash to buy products and services
▪ Discount Tokens: used as discounts to subsidise the regular cash price of products and services
▪ Loyalty Tokens: used to replace loyalty points to redeem rewards
▪ Gift Tokens: used as gift vouchers to send to friends and family
▪ Travel Tokens: used as portable currency to spend globally in network merchant stores
Merchant Tokens may be issued to replace traditional discount coupons, gift vouchers, prepaid
cash cards, and loyalty points.
▪ Cash Tokens: used as pre-paid cash to buy products and services
▪ Discount Tokens: used as discounts to subsidise the regular cash price of products and services
▪ Loyalty Tokens: used to replace loyalty points to redeem rewards
▪ Gift Tokens: used as gift vouchers to send to friends and family
▪ Travel Tokens: used as portable currency to spend globally in network merchant stores
So, you will have different types of tokens? Or we can exchange Gatcoin for this types of tokes?
The difference between GAT Coins and merchant tokens is explained in the whitepaper on pages 7 and 8. Here:
GAT Coins
▪ ▪ Available during token sale
▪ ▪ Limited supply of GAT Coin
▪ ▪ Will circulate on the main Ethereum public network
▪ ▪ Freely transferable
▪ ▪ Tradable on major exchanges
▪ ▪ Storable in all major client-wallets
▪ ▪ May not be directly exchanged for merchant products
▪ ▪ May be exchanged for merchant tokens on the GAT exchange
Merchant Tokens
▪ ▪ Not available during token sale
▪ ▪ Used to redeem rewards, products and services
▪ ▪ Unlimited supply and variety
▪ ▪ Issued by participating merchants
▪ ▪ Will circulate on private consortia GAT networks
▪ ▪ Not available on the main Ethereum public network
▪ ▪ Storable only in the GAT Wallet
▪ ▪ May be exchanged for GAT Coin and other Merchant Tokens on the GAT Exchange
I read here that the transfer of the GAT (token/coin) will be free? But you will have to pay some GAS to transfer ETH tokens? Or am I missing something.