Category: Tortola

FootballCoin Creates its own Blockchain and Rewards Initial Supporters With Triple Profits

Bitcoin Press Release: The blockchain based football manager game FootballCoin is offering a 3:1 conversion rate for each XFCCOIN to show support and acknowledge people who believed in the game from the start.

16 January 2018, Tortola, British Virgin Islands – The cryptocurrency powered football fantasy manager game, FootballCoin was conceived in 2016 with the goal of bringing t ogether two worlds: the cryptocurrency market and football fans worldwide. Simply put, anyone can play the game and win native XFC tokens, which can be spent either in the game or in the cryptocurrency market. The entertainment tech startup is rewarding its supporters with a 3 to 1 token conversion rate to all it’s XFC token holders when it switches to its own native blockchain.

XFCCOIN, the game’s cryptocurrency was initially available on a Counterparty platform.

This was a good solution at that time, but with the game gaining popularity, issues like high costs, slow speed and the difficulty of trading XFCCOIN on the exchange services had to be addressed.

Enter The New Blockchain

2018 kicked off with good news, on January 16th FootballCoin launched it’s very own blockchain and exchange to support XFCCOIN (from now on known simply as XFC). In addition the new wallet will support both XFC and game assets – player cards and stadium cards.

FootballCoin analyzed other options such as moving to the Ethereum platform, which would have been easier, but would not have been a real improvement to our current situation.

For this reason FootballCoin believed that the solution was to devise its own new user-friendly blockchain. The company contracted ANX International to develop the exchange. ANX will also provide and help manage the DigitalTokens.io exchange. It’s important to know that both the exchange and the game are set on the same blockchain.

3:1 conversion of XFCCOINS

FootballCoin will provide a 3:1 conversion of XFCCOIN from Counterparty to the new blockchain. In other words, anybody who now owns 1 XFCCOIN will receive 3 XFC when the swap to the new blockchain is implemented. If your XFCCOIN is stored in the Counterparty platform, token holders will need to move it to the game account to benefit from this conversion ratio.

Conversion of the FootballCoin assets

The conversion keeps the same ratio for the player cards regardless of rank.

For example, if a player owns a card of Harry Kane, before the transfer, they will now own three Harry Kane cards. These cards can be sold, used for the game or traded on the platform.  Stadium cards owners will get to keep their cards and also receive a nice amount of XFC, as follows:

  • stadium cards ranked 5 stars will receive 500,000 XFC
  • stadium cards ranked 4 stars will receive 300,000 XFC
  • stadium cards ranked 3 stars will receive 150,000 XFC

For example, if you are the lucky owner of a Santiago Bernabeu stadium card, you will receive 500,000 XFC, and keep the stadium card after the swap. All conversions will start automatically on Tuesday, January 16th.

XFCCOIN and Game Economy

XFCCOIN was generated in a limited supply of 1,000,000,000 units using the Counterparty platform, and the total amount will remain unchanged after the swap. The 200 million XFCCOIN that were initially distributed will now become 600 million XFC on the new blockchain, according to the 3 to 1 swap.

The remaining 400 million units will be distributed according to the initial plan:

  • 200 million will be assigned to further development of the project, partners, team members, advertising, promotions etc.
  • The other 200 million XFC will go to the founders of FootballCoin.

The swap benefit will therefore give existing XFC owners a higher stake in the FootballCoin economy. They will have the largest influence on how the market develops.

But – to quote a popular superhero franchise – with great power comes great responsibility.

They will now need to act responsibly to ensure the development of the FootballCoin economy and stimulate the growth of the game, which we are very confident they will do.

We, the FootballCoin team, are very happy we could offer this token of respect and appreciation to our initial supporters, as we are looking forward to expanding and improving our platform functionalities and game features. We believe in the future of our gaming platform and its global adoption.

About FootballCoin

FootballCoin is a blockchain fueled football manager platform created by Crowngem Limited, a British Virgin Islands-based company. The privately funded platform blends cryptocurrency technology with traditional fantasy sports to create a universal gaming solution for users across the world.

Learn more about FootballCoin at – https://www.footballcoin.io
Check out the XFC coin at – https://www.xfccoin.io
Check out FootballCoin game – https://game.footballcoin.io
Check out DigitalToken exchange – https://digitaltokens.io

Media Contact

Contact Name: Octavian Batca
Contact Email: octa@footballcoin.io
Location: Tortola, British Virgin Islands

FootballCoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Online Retail Startup Benebit Uses Blockchain Technology To Disrupt The Online Shopping Industry, ICO Commences Jan 22, 2018

Bitcoin Press Release: Online Retail Startup Benebit used Blockchain Technology to disrupt online shopping industry. The service uses an app and physical card to allow users to collect loyalty points, exchange them for Benebit tokens, and spend them at all of your favorite online stores.

12 December, 2017, Tortola, British Virgin Islands – British Virgin Islands-based retail startup Benebit is making big plans to take the online retail market by storm. Benebit is launching a platform that will offer global consumers the chance to convert loyalty points into Benebit Tokens, that are then used to buy online goods similar to fiat currency. The platform will look to do away with the aging system that requires retailers to carry numerous and separate loyalty cards, replacing them with one single card and an application that will cover thousands of businesses across the globe. The Benebit crowdsale will give retail and cryptocurrency enthusiasts an opportunity to support the company from the ground floor and hold Benebit tokens for future use. The ICO accepts numerous cryptocurrencies and commences on January 22, 2018.

It is no secret that e-commerce has already disrupted shopping in a major way. From books to clothes and even groceries, consumers are choosing utility and time savings by taking their business online. This has revolutionized the way consumers buy products and services, benefiting retailers and consumers. Retailers see substantial savings on brick and mortar operations while customers save both time and money. However, online retailers are now facing the same issue that plagued traditional retailers, specifically in the issues around how they offer efficient customer loyalty and retention programs.

So how are retailers addressing customer loyalty?

Cashback and loyalty programs are a way to incentivize customers by giving them an amount of cash for every purchase they make. The main idea is to create a better consumer-merchant relationship by facilitating consumers and making them feel valued. And, naturally, consumers are inclined to participate as well. According to a survey by Loyalty360, 83% of consumers participate in at least one loyalty program, and 13% participate in more than five. With that being said, the efficiency of those programs are tragic. Most programs are too slow and absolutely illiquid, as a consumer can only spend his or her “points” on the same retailer, as well as losing them after a certain period.

Disrupting online shopping through blockchain technology

With both retailers and consumers in mind, Benebit.io aims to revolutionize the world of cashback and loyalty programs through the adoption of blockchain technology. How? Benebit will replace the point system from the last century with the Benebit Token, allowing users to exchange their Benebit Tokens into any major cryptocurrency or fiat currency. Now, customers do not have to worry if they are in the UK or Europe, as they will always be able to shop from their favorite brands all over the world using one single Benebit Token (BNE).

How does it work?

For consumers, the startup will be introducing the Benebit App, as well as the Benecard in 2018. While shoppers can use the app to find brands, shop and store their points, the Benecard solves the longstanding problem of countless loyalty cards. The card is essentially a hardware wallet for all cashback points, which can be spent anywhere as the proprietary technology allows users to use it as fiat money or a credit card.

From a business point of view, Benebit empowers retailers with a Point of Sale System, which not only collects customer shopping data but also allows for management of internal processes such as inventory tracking, staff payroll, and vendor listing. In addition, Benebit’s proprietary technology lowers retailers’ transaction fees as intermediaries are cut out and all transactions happen on the Benebit network. Last but not least, brands are able to interact with customers (and vice-versa) through the Benebit app, increasing engagement.

Crypto hype or an actual use case?

While there are countless blockchain projects built around nothing more than a few hype words, Benebit looks to have an actual use case where the benefits of the blockchain technology add real value to both businesses and consumers.

Join the Benefit ICO by visiting – https://benebit.io/en#token-sale
Read the official Benebit Whitepaper Here – https://benebit.io/storage/Whitepaper.pdf
Find Benebit on Facebook – https://www.facebook.com/benebitcommunity/
Follow Benebit on Twitter – https://twitter.com/benebit_io
Follow Benebit on Medium – https://medium.com/benebit
Official Benebit Telegram Group – https://t.me/benebit
Benebit on Reddit – https://www.reddit.com/r/Benebit_ICO/
Benebit on GitHub – https://github.com/benebit/
Follow Benebit on – https://bitcointalk.org/index.php?topic=2548744.0

Media Contact

Contact Name: Robert Davis
Contact email: r.davis@benebit.io
Location: Tortola, British Virgin Islands

Benebit is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Source: BPRB Feed