Website

Virtual Cash Back (VCB)

ICO

Last updated: May 04, 2018

A Blockchain-based platform for Coupon and Rebate Programs At Retail

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Overview

Project industry	Commerce & Retail
Founded	United States
Whitepaper	Open

Technical details

To "mine" VCB Token (outside of purchase on 3rd party exchanges) the customers has to shop the world's largest grocery chains and brands. VCB will only be distributed after the initial Token launch through grocery and brand marketing and promotions at retail.

What is Virtual Cash Back

- Provides secure control of Shopper Marketers budgets, - Enables the unbanked consumers to participate in rebate programs and exchange value peer to peer - Stop the $600MM coupon/rebate fraud in the US - Provide secure control of Shopper Marketers budgets - Enable the 27MM+ US unbanked consumers (2B worldwide) to participate in rebate programs and exchange value peer to peer unlocking nearly $1 Trillion in untapped spending power

Details

Public sales: Jul 18, 2017 - Oct 09, 2017

Legal

Registration country: United States

Token info

Ticker: VCB
Accepted currencies: ETH
Token distribution:
1,000,000,000 (one billion) total tokens will be created, of which up to 300,000,000 (three hundred million) tokens will be offered in accordance with the following terms: 1% will be distributed at thirtythree.8’s discretion to influencers in the grocery, mom blog, technology and marketing spaces. 4% will be used to incent key employees and hires. 5% will be made available as reserves for public/private exchanges that agree to trade VCB. 5% will be distributed to thirtythree.8 founders, partners, advisors and other industry leaders associated with Thirtythree.8 at the company’s discretion, but will be held in the token contract for 18 months. 5% will be held by thirtythree.8 as assets, but will be held in the token contract for 18 months. 80% will held in a multi-sig wallet by thirtythree.8 and distributed to customers via coupon and rebate incentive programs, with no more than 100 million tokens available for distribution in any calendar year.