Post
Topic
Board Tokens (Altcoins)
Re: ⚡ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers ⚡
by
ParRus
on 12/10/2017, 10:27:53 UTC
I have great confidence in Japanese projects. So I think this project will succeed
Is this the Japanese project? It's Chinese, it's just going to be launched in the Japanese market.

Whilst much of the team has a China connection they are not a Chinese team and GATcoin is registred in Hong-Kong, so it's not subject to the same regulations as a Chinese.

so what is it now? chinese or japanese?
I found one fresh article, here is part of this:

"Chinese tourism is booming, with over 24 million arrivals to Japan in 2016. Bakugai, the Japanese word for Chinese 'explosive buying', hit over $13 billion USD last year," says Steve Lee, CEO of SK Planet Japan.  "We have an extensive network of retail stores, and getting them to spend is a strategic priority."

SK Planet Japan (SKPJ) will use GATCOIN's targeted A-DropTM technology to issue branded crypto-currencies to Chinese tourists. Tourists can use them to redeem beverage, fast food, and convenience store products in SKPJ's network of franchise partners.

"SKPJ coins can be traded in our ecosystem for GAT Coins, a publicly traded global crypto-currency" said Simon Cheong, Founder and CEO of GATCOIN. "This provides a way to monetize any retail coin issued on our platform. So, it is very much like sending tourists a bit of spending money to encourage them to walk into SKPJ's retail outlets" Mr. Cheong adds.