GATCOIN Unveils New Crypto Currency Airdrop Technology

Stocks and Financial Services Press Releases Friday September 29, 2017 08:26
SINGAPORE--29 Sep--PRNewswire/InfoQuest
  • GATCOIN reveals 'Targeted Airdrop' technology in Singapore
  • A-Drop(TM) tech will drive people into stores through blockchain enabled geotargeting of cryptocurrency giveaways for loyalty programs

What if Starbucks sent you cryptocurrencies each time you walked past their store? This is the vision of blockchain startup GATCOIN Founder & CEO Simon Cheong. He unveiled GATCOIN's new "targeted airdrop" technology today at Singapore's BlockshowAsia conference.

"Targeted airdrops give companies pin-point accuracy when distributing cryptocurrencies," said Mr Cheong.   "They can bring people into stores, recruit new customers, and trigger more sales."

GATCOIN will allow retailers to issue their own cryptocurrencies to consumers to replace traditional discount coupons, loyalty points and gift vouchers. Cryptocurrencies will then be used to buy products or can be traded by holders for other retail currencies or cash on GATCOIN's crypto-currency exchange.

"Targeted airdrops brings a completely new dimension to the crypto space," Cheong added. "Retailers could, for example, run 'treasure hunts' and become the new Pokemon-Go of crypto."
The new airdrop technology allows retailers to target audiences by demographic, spending preferences and geo-location.
"Businesses can literally drop real money within a 1-mile radius of any store. People can spread and share the news of targeted A-Drops(TM) for rewards."
This new technology is the biggest marketing innovation since the invention of coupons.

"The promise of mobile marketing is realised by blockchain technology to enable retailers to offer a much more powerful incentive for people to join and adhere to their loyalty programs. This is the future of marketing and loyalty programs," said Mr Cheong.

GATCOIN will launch in 2018 with SK Planet Japan's retail network of over 60,000 stores in Asia.
GATCOIN tokens will be available to the public on October 28, 2017.
For more information, contact:
Chris Tong
Digital Marketing Manager
GATCOIN
Tel: +852 61130116
Email: chris@gatcoin.io
Andrew Work
Head Content Strategist, Asia Pacific
NexChange
Mob: +852 60100794
Email: andrew.work@nexchange.com
About GATCOIN

GATCOIN is a distributed retail shopping platform operating on high-speed super large ledger technology. Working testnets have reached speeds equivalent to average Visa/Mastercard transaction speeds. The GATCOIN platform includes a mobile shopping platform, a mobile wallet, and a mobile exchange to trade merchant tokens.

Logo - https://photos.prnasia.com/prnh/20170918/1944413-1LOGO

Latest Press Release

TBank#s New CEO committed to challenging 2019 targets against backdrop of average annual profit growth of 10% over past 4 years

Praphan Anupongongarch, formerly chief of auto hire-purchase business, now takes the helm of Thanachart Bank as new CEO. Having introduced his strong management team and adopted both Customer-Centric and Fast & Focused Policies, he aims at...

Finansia Syrus Securities to hold Finansia Investment Conference 2019 Featuring local institutional investor team to enhance its integrated services

Finansia Syrus Public Company Limited joins hands with Finansa Public Company Limited to hold flagship event "Finansia Investment Conference 2019", the first grand meeting of the local institutional investors and more than 40 leading listed companies....

SET joins hands with MSCI to promote sustainable investment

The Stock Exchange of Thailand (SET) has joined MSCI Inc. in organizing "Thailand Sustainable Investment" - an exclusive seminar for executives of listed companies, securities companies and asset management companies as a boost to capitalize on...

mai welcomes construction service provider CAZ on January 22

Market for Alternative Investment (mai) will list CAZ (Thailand) pcl, a construction service provider for oil, gas and petroleum industries, on January 22, under the ticker symbol "CAZ". The company has a market capitalization at its initial public...

Photo Release: KTC joins EVEANDBOY to celebrate 2019 beauty up to 17% cash back.

"KTC" or Krungthai Card Public Company Limited, by Mr. Sorachach Srilamul, Senior Manager - Credit Card Business, in association with EVEANDBOY, Miss Pluemmanas Panrit, Manager, give special privilege of up to 17% cash back to KTC cardmembers who shop...

Related Topics