Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers🌟 ⚡🚀
I read some of you talking about smart contracts but we don't know if the GAT blockchain will have smart contracts. In fact I wanna know when the entire blockchain's documentation will be released
not sure if they're necessary since Gatcoin controls everything about any tokens minted for their customers.
Exactly, there's no need for smart contracts, they just need to mint tokens based on merchant's demands. I don't see merchants manage directly all their tokens
The purpose of smart contracts in GATCOIN will mainly be to help merchants control the use and expiration of their Merchant Tokens. So if they want to issue a promotion for a certain period of time before the Tokens expire, this will be done through the smart contracts. Another reason why we think this is such a great solution!
So, as asked before, will the merchants be able to change the conditions of their tokens after their creation or do they have to burn them all and issue new tokens?
We are designing the system to be as user-friendly (and company-friendly) as possible. To this end, we want to allow merchants to be able to update the terms of their promotions if necessary without having to burn all tokens.
Actually, i think the most important thing gatcoin must have is user-friendliness. If it has that than probably get mass usage easily by merchants and customers. I am happy that gatcoin team is aware of that
