Triffic, a gamified GPS-mapping mobile app that runs on the Ardor blockchain, has just launched the first phase of its ICO. The app awards “GPS Tokens” for simply moving location and spending. This incentive enables businesses to promote services and allows anyone, anywhere to receive free GPS Tokens quickly and easily, creating a more liquid, localised economy by converging blockchain with mapping technologies.
Unlike most blockchain-based businesses, which are highly niche and relevant only to certain demographics, Triffic can be used by anybody, anywhere, who needs to travel, whether a short walk, a taxi ride or a journey of many hundreds of miles. The Triffic ecosystem will include a local marketplace for products, jobs, services, discount vouchers, community action, as well as taxi and hotel bookings, and has capacity to grow and evolve further.
Triffic CEO James Malach shared, “Triffic is one of the first apps to use the blockchain for something other than just cryptocurrency. In a nutshell, Triffic is the world’s first GPS ‘self-gamification’ platform and GPS Tokens are like Air Miles. The more you use the Triffic App, the more you get rewarded.”
Once the Triffic app goes live, the company also intend to use 50% of monthly advertising profits to purchase GPS Tokens at the market price and distribute them to token holders as a revenue-sharing reward.
The enhanced in-app ecosystem also means that business owners and service providers can create vouchers in minutes via the Triffic app which can be sent directly to the phones of nearby Triffic users whenever they enter the vicinity of the business.
GPS Tokens can be purchased ahead of the ICO Public Sale for the price of US$0.08 in the Founders Sale and the ICO is split into three distinct phases.
- Founders Sale – May 28 to August 31, 2018
Runs concurrently with the pre-sale and public sale. GPS Tokens in the Founders Sale will be valued at US$0.08, and contributors must purchase a minimum of US$25,000 worth of tokens. To prevent a secondary market opening, Founders Sale contributors will be prevented from selling their tokens until 60 days after the end of the ICO public sale. The Founders Sale will be capped at 25M GPS Tokens.
- Pre-Sale Week One – July 2 to July 8, 2018
Pre-Sale Week Two – July 16 to July 22, 2018
GPS Tokens will be valued at US$0.12 in week one, and US$0.16 in week two.
- Public Sale – July 30 to August 31, 2018
GPS tokens will be made available at the price of US$0.20 per token.
Company Name: Triffic Innovations
Contact Person: James Daniel Malach
Email: Send Email
Address:The Dome Residence, Huay Kaew Road
City: Chiang Mai