Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] TRIFFIC - Using Augmented Reality To Turn Miles Into Money
by
coinerz
on 16/11/2018, 03:34:06 UTC
You wrote. "Lighthouses may contain GPS tokens, cryptocurrency based on a blockchain that governs the Triffic ecosystem."

I think the confusion here is due to Google Translate changing the word 'beacon' to 'lighthouse' in some languages. Basically we are using the term to mean "a visible object serving as a signal, warning, or guide".

I made this quick video which shows the beacons in action.

Do you mean that tokens are related to geographic location, which is determined through the global positioning system? Whom? Customers?

Pretty much. Basically anybody has the ability to place a beacon wherever they like and other Triffic Users will get notified if they visit the same area. Each beacon can be set to hold GPS Tokens and release them based on parameters like

  • buying a product from the location - eg: 'Spend $5 on pizza'
  • liking something on Facebook or Twitter
  • whatever...