MB8Coin - A Real World Cryptocurrency with Retail Outlets

Already proven and highly successful, the expansion of our Eurocredit Plus loyalty rewards system was an obvious opportunity to utilise 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 Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin.

Why is MB8 Coin different?
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 is already being used under white label by over 2100 businesses .

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 is labour intensive, logistically difficult and open to fraud or
abuse of the system.

Already proven and highly successful, the expansion of our Eurocredit Plus loyalty rewards system was an obvious opportunity to utilise 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 Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin.

MOBILE APP

Multibuy launched its first mobile app at the end of 2017 and plans to introduce new and improved features to allow customers to locate and interact with business partners accepting MB8 Coin. Linked to your pre-paid debit card, the app also doubles up as a hosted MB8 Coin Wallet which you can use to send and receive your coins with retailers, individuals or crypto exchanges.

How the infrastructure is changing ?

Token sale

• MB8 Coin decentralises, creates and provides a finite amount of usable tokens within Multibuys modernised rewards
system.
• Multibuy have partnered with 2100 companies and is continuing to grow fast.
• This change will make Multibuy the most widely distributed, diverse and modern loyalty rewards system.
• This will attract business partners, investors, speculators and valued new customers.

5 Tokens = €1 Euro
100 Million MB8 Tokens Reserved
For existing and new business partners of Multibuy Company to pre-purchase MB8 Tokens to give out as loyalty rewards.

Multibuy Company will be releasing MB8 Coin to drive the huge expansion of its already proven loyalty rewards system, by enabling global adoption via cryptocurrency. The initial implementation will be an ICO sale distribution of MB8 Coin tokens, which serves to replace the existing rewards systems “fuel” with an interest bearing cryptocurrency tradable on open crypto exchanges.

ICO Hard Cap - €170 Million (Pre-ICO + 3 Stages of discounts)
The amount raised will greatly increase the velocity at which the stages of the roadmap can be achieved and help push
our entire timeline to completion. Another extremely important aspect of the ICO is a very wide distribution of the token, which helps support the network and spreads usage to completely new audiences.

any unsold coins will be provably burnt

MB8coin information

Name: MB8 Coin
 Ticker: MB8
 Algorithm: X13
 Type: Proof of Stake (POS)
 Class: Utility Token
 Segwit Ready
 Main Distribution via ICO
 All unsold coins will be burnt

POS Details
 POS Maturity: 4 Hrs
 POS Max Time : None
 POW Block Height: 1
 Coinbase maturity: 101 block
 Transaction confirmations: 1
 Difficulty Retarget: each block
 Reward: 5% per annum
 Double Rewards (10%) for initial 6mths

MB8coin Roadmap

For more information im invite you to visit the following 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

author : anov996
bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1315225