MB8Coin

Multibuy Company and its loyalty rewards system have been growing at a tremendous rate over the last decade. Businesses that have white labelled and utilise the loyalty rewards system to give back to their loyal returning customers are often referred to as being on the Multibuy circuit. All companies on the Multibuy Circuit will accept part or whole payment on products and services with Eurocredit. Many new platforms have been introduced over the last two years to help connect businesses on the Multibuy circuit and the 200,000 + customers using the loyalty rewards regularly. Our most successful platform to date is Multibuy Travel,this is an online platform were customers can book holidays paying up to 100% in Eurocredit with travel destinations registered on the Multibuy Circuit.

Multibuy has been administering the common reliability system of rewards referred to as Eurocredit since 2005. While highly successful at the present date, a long-established system of rewards might be very expensive to handle and control mainly when introduced into the world market. On the widest scale, the core distribution and assistance of Eurocredit Plus are time-consuming, rather complex and open to defrauding or infringement of the system.

The developers are willing to change from Eurocredit Plus. Already demonstrated and very prosperous, the enlargement of the Eurocredit Plus reliability structure of rewards was the clear possibility to use the effects caused by the Blockchain technique. Through the replacement of the common “contained structure remuneration model, the developers are going to grow to the variety of the modern marketplaces, making good use of the introduction of such fascinating area. Such transfer will also let the project to be significantly strengthened and enlarged for the profits of the users. Following the start, the current Eurocredit Plus remuneration project will be closed for new clients and will be changed to the cryptological currency referred to as MB8 Coin.

Multibuy has been running their traditional loyalty rewards system since 2005. Whilst extremely successful to date, a traditional rewards system can prove costly to run and manage especially when scaling the expansion to a global market. On such large scales, the central distribution and support are labor intensive, logistically difficult and open to fraud or abuse of the system. MB8 Coin will be used as the ‘fuel’ for the existing loyalty rewards network. MB8 Coin will be the first ever cryptocurrency that is released with a proven real-world use and will be accepted as part or whole payment within the existing network of vendors and retailers. MB8 Coin is set to become the backbone of the rewards network that has already been white labeled by over 2100 businesses.

Already proven and highly successful, the expansion of our Euro credit Plus loyalty rewards system was an obvious opportunity to utilize the efficiencies which Blockchain technology brings. By replacing our traditionally “closed system rewards model” we aim to expand to many new markets, leveraging the innovation of this exciting space. This transition will also allow for the platform to be greatly enhanced and expanded for the benefit of all participants. After the launch, our existing Euro credit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin.

Benefits for Customer

• MB8 Coin will be listed on exchanges where customers will have the ability to trade the coin for other currencies.
• MB8 coin will be accepted by over 2100 businesses soon after ICO completion.

• The Multibuy App is being re-developed and will soon show nearest accepting business partners.
• Gain MB8 Coin while using the existing rewards platform.

• Book holidays online paying up to 100% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value.
• Buy products online paying up to 70% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value.

• Spend MB8 coin within existing and growing loyalty rewards network.
• Gain 5% p/a additional MB8 Coin rewards through staking.

Benefits for Business Partners

• Ability to benefit from increased business from new customers and brand awareness.
• Ability to buy and sell the rewards tokens on the open market rather than from a closed source at a fixed price.

• Vendors will receive MB8 Coin at ICO and from all future customer redemptions on offers.
• Ability to accrue 5% additional MB8 Coin rewards p/a. (by staking)

Benefit for Multibuy

• Reduced costs in running and maintaining the Multibuy rewards system.
• Increased business recognition and new customers from untapped areas.

• Industry first where a rewards system replaces its operating model to Blockchain technology.
• Opens the rewards system to anyone who wishes to participate.
  

ICO information

Name: MB8 Coin

Ticker: MB8

Algorithm: Neoscrypt

Type: Proof of Stake (POS)

Class: Utility Token

Segwit Ready

Main Distribution via ICO

All unsold coins will be burnt

Supply Details

Full supply of 1 Billion reached over a 12 Year period.

Coin supply increases by 5% per annum to reach this maximum.

Coins available via ICO: 550,000,000

Discount ratios: 5:1, 4:1, 3:1 and 2:1 released in stages.

Initial Value: 1 MB8Coin = 1 EURO

 
Public Token Sale

7th May 2018 – 31st August 2018

Phase	Price	MB8 Token Issued	Available Dates	Token Sale Cap
Public Pre-Sale	1 Euro	5 MB8 Tokens	7th May 2018 – 31st May 2018 *	75,000,000 MB8 Tokens
Phase 1	1 Euro	4 MB8 Tokens	Until Sold Out	125,000,000 MB8 Token
Phase 2	1 Euro	3 MB8 Tokens	Until Sold Out	125,000,000 MB8 Token
Phase 3	1 Euro	2 MB8 Tokens	Until Sold Out  or 31st August 2018 *	125,000,000 MB8 Token

* any unsold coins will be provably burnt
Team

RoadMap

 

Links : 

Website: http://mb8coin.io/
Whitpapper: https://mb8coin.io/%24whpdir/MB8%20Whitepaper.pdf
Ann: https://bitcointalk.org/index.php?topic=3623567
GitHub : http://github.com/MB8Coin
Twitter: http://twitter.com/MB8Coin
Facebook: http://fb.me/MB8Coin

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