GATCOIN

GATCOIN The Biggest Marketing Innovation Since The Invention Of Points

Introduction The proposed GAT System provides a solution to the above mentioned problem. This chapter will explain How GAT Systems are the solution and even add extra functionality and stakeholder benefits. The GAT system is a broader enterprise system that can be used by their own global branded digital tokens merchants that can be discounted, gift cards and other promotional offers. This token is called a Merchant Token. GAT acts as the backbone of the system and is the new crypto ERC20 to be launched on Ethereal's main network. Consumers can use their GAT to get a Merchant Token or change their Merchant Token to GAT on GAT Exchange. It may be the exclusive currency for Merchant Token trades and incentives from its users. We make a distinction between 

five different types of Merchant Tokens:

Loyalty Reward Points

Token Kas

Discount Token

Gift Token

Token Travel

At GATCOIN we envision an integrated world of appreciation, in which consumers no longer have to join a lot of loyalty, rewards and program points and bring lots of cards and applications. The future in which customer-centric companies will be rewarded with higher consumer engagement, greater brand awareness, and ultimately better business results Where the dead point that benefits anyone, is something of the past and every promotion, coupon and reward finds a home with consumers who appreciate it.

HOW GATCOIN WORK

GATCOIN changed traditional discount coupons, loyalty points and shopping vouchers into easily tradable digital tokens.

Problem

While some economists may argue that the utilization of low points is good for traders, we think this is bad. It is useless, in our view, to publish thousands of points to consumers who routinely ignore them. This creates a poor user experience and is a tremendous resource at the end of mechants. Although discount coupons and loyalty points are a very useful tool to trigger purchases, there is a surprising lack of consumer utilization. We believe this is a consequence of illiquid traditionally the inflexibility of retail point and shopping incentives, which means users can not easily transfer, exchange or sell to other users. Customers interested in brands or products do not have easy access to

any potential coupons for products or services they really want to buy. Often this

Coupons are awarded in the form of actual paper coupons or store cards to store loyalty points. Both are very impractical for everyday use because they all have to be constantly carried around physically the wallet Traders have a hard time keeping customers. Before the era of digital information, compare the different offers much more difficult than the present with price comparison and online reviews. Today, consumers are more likely to switch to the least expensive, or have the highest reviews. Merchant bricks and mortars (offline stores) face more difficult challenges without their competitor's rich online data collection to target consumer groups based on demographics, shopping preferences or geolocation. Brick and mortar traders often send these large quantities of coupons to users, creating broad

The solution

The current cryptocurrency market gives traders a once-in-a-lifetime opportunity to transform promotional points into digital tokens. Digital tokens have a market price and therefore direct visible value The only thing missing is a platform that allows a secure exchange of Merchant Tokens and which allows low-cost cross-border payments and microtransactions. This will add liquidity to the currently unused (and often discarded) coupons and loyalty points. Be able to swap these Merchant Tokens in situations where they have real value to everyone and are therefore not considered spam. Doing this on blockchain means anyone can view and verify transactions and check token supplies. Blockchains offer possibilities for unique items (and can be uniquely verified). Since they are digital tokens for many people from stores, brands and merchants, they can be stored on smartphones, without the need to carry coupons or loyalty cards. Having them on your smartphone means your geolocation can be used to offer you specific airdrops. Moreover, exchanging and spending Merchant Tokens and making transactions from your smartphone wallet creates a variety of valuable data. This data can be bundled and sold by traders and brands, which gives them the opportunity to target certain groups of users with certain interests, demographics or locations, further eliminating spam and offering value to consumers. Integrated price comparison sites for direct use with API usage is another possibility to buy and sell this token on the exchange when needed.

GATCOIN is the first system specially designed to enable merchants to easily release cryptococcal brands to mass consumer audiences. Discount coupons, loyalty points, prize gifts will be "Tokenized" and air-dropped by geolocation as cryptocurrencies to customers in GATCOIN blockchain. A key feature of the GATCOIN system is that Branded Merchant Tokens can be traded freely for GAT, a common crypto like Bitcoin or Ethereum. Customers can now take GATs to make exchanges in the world and trade them for real money. The ability to turn incentive points into real money frees customers from a single ecosystem point. It also allows consumers to achieve 100% utilization of their products different incentive points.

Why Blockchain?

The basic idea behind the GAT System is to give users the opportunity to trade Merchant Tokens to each other and redeem for goods and services from individual merchants. The system should be able to do this without friction, but it can be verified safely. As the Merchant Tokens have, the value is actually important in order not to copy or multiply it. Another requirement is the Merchant Token must have the ability, if the merchant so chooses, to create a verifiable unique and rare token. Blockchain technology, and its successors, provide solutions to create systems that meet these requirements People need to exchange Merchant Tokens with a general exchange medium. This medium of exchange is GAT. In addition to being able to exchange Merchant Tokens in and out of the GAT, GAT holds users with additional functionality such as being able to receive special Merchant Tokens or promotional GATCOIN using A-Drop TM technology. The GAT system also provides merchant value in the form of collected metadata and makes this available to them instead of GAT, while also doing this in a safe and frictionless way where it is possible to view an invertible supply of tokens. Users will know that they are the true owners of this coin and the only one who can spend it, When they hold the key in their wallet. Blockchains, such as Ethereal for GAT and private blockchains

for Merchant Tokens, fulfill all these requirements, while also allowing to make a fully Decentralized Exchange, or DEX, at a later stage.

Check out this GATyoutube ...!

GAT Tokens and Merchants

Merchant Tokens can be traded publicly on GAT Exchange. GAT Exchange is the only one

forum for merchant Token trades. The difference between Token GAT and Merchant will be

described here Token Merchant Customers may purchase or exchange Merchant Tokens for products and services in merchants and stores. They can be obtained by purchasing it from the GAT Stock or by bathing it into the user's wallet. Merchant Tokens may be issued to replace traditional discount coupons, gift vouchers, prepaid cash cards, and loyalty points and can be used as follows:

• Cash Token: used as money before pay to buy products and services
• Discount Tokens: used as discounts to subsidize the regular cash prices of products and services
• Token Loyalty: used to change loyalty points to redeem awards
• Rewards: Used as gift vouchers to be sent to friends and family
• Token Travel: used as a portable currency to spend globally in network merchant stores They can be freely moved to other participants in the GAT Network, or may also trade GAT on GAT Exchange. Merchant Token is:
• Not available when token sale
• Used to redeem awards, products and services
• Able to be limited or unlimited in inventory and variety, as per the merchants' choice
• Issued by participating merchants
• Circulating on a private GAT network
• Not available on Ethereum's main public network
• Storable only in GAT Wallet
• Can be redeemed with GAT on GAT Exchange
• Has a certain life span to reduce bloat and spam

The GAT system provides a controlled environment designed to eliminate perceived risk associated with distributing digital tokens to mass consumer audiences.

Consumer Targeting

One of the most basic marketing questions is who will be targeted. GATCOIN answers this question with built-in capabilities that allow merchants to reach more of their existing subscriber base and make it offer to users, based on specific demographics such as gender or age, interests like soccer or fashion, User Behavior such as previously vaunted coupons and most importantly, its location. This means merchants will be able to send offers to people around their stores and easily convert them to customers because all offers are based on personal profile information and interests.

Masterdrop

It is a very important deal some GAT holders get. Powerdeal is a deal everyone gets, which matches the targeting criteria. However, Powerdeal discounts or gifts will be better for users with higher GAT ownership.

Team

The concept for the GAT System was formulated in early 2017 by Simon Cheong, Founder and CEO of GATCOIN. He sees tremendous inefficiency in the rewards and retail of the marketing industry and sees this sector ready for trouble. Combined with all its benefits

using Blockchain technology in combination with a private chain for Merchant Tokens that he sees the opportunity to both disrupt the traditional award sector and consequently gain mass adoption of GATCOIN cryptocurrencies is a highly qualified and dedicated team of qualified experts who build the Gift Market. Teams can be easily reached through corporate social channels and communicate transparently about all aspects of the project.

More info:

Website: https://www.gatcoin.io//

Whitepaper: http://www.gatcoin.io/wp-content/uploads/2017/09/GATCOIN_Whitepaper_ENG-1.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=2197889

TWITTER: https://twitter.com/gatcoin

TELEGRAM: https://t.me/gatcoin

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MyEtherWALLET: 0xE4CD89c1339FBC336Fd478270d4b304f8adF0Cb4