Triffic Innovations Ltd is incorporated in the British Virgin Islands as a BVI Business Company (1978145) and is a wholly owned subsidiary company of The Coinerz Group PTE. LTD (201732993N) a private limited company that is incorporated in Singapore that currently has team members from UK, USA, France, India, and Australia who have been working together for a long time. Triffic believe that blockchain technology is a game-changer, but Triffic also believes that cryptocurrency is only the tip of the iceberg. The true value of the blockchain will be felt in industries beyond finance. Triffic is positioned to take advantage of this by creating and nurturing the next generation of easy-to-use decentralized applications that are accessible to anybody in the world. Unlike most blockchain companies, the value of the company will not be based on the fluctuations of a volatile trading market. Instead, Triffic will build value the traditional way – by creating amazing products with a sound business model, making the most effective partnerships and listening to our users.
The Triffic dashboard gives users an at-a-glance view of all the important parts of their account, including:
A total number of GPS Tokens earned, plus a real-time display of their worth in the user’s local fiat currency.
A detailed map of the local area, where the user is at the center.
Fuel timer which shows the user how much time they have left to earn GPS Tokens.
Notification summaries which inform the user of events like the availability of GPS Tokens in the area, special offers, news and more.
Everybody is familiar with Air Miles, the loyalty points program that awards frequent flyers with free/discounted
flights and other perks. GPS Tokens are pretty much the same, except they are awarded when the app is used
for a journey. App users collect GPS Tokens which, as well as being redeemable for a growing selection of products in the marketplace, can also be ‘cashed out’ to participating cryptocurrency exchanges in the future, subject to regulatory approvals. GPS Tokens will initially start life as an Ignis asset that has been created on the Ardor blockchain and eventually they will become a fully-fledged child-chain of Ardor. Once distributed, the old Ignis-based GPS Tokens will be completely burnt and removed from use. This will dramatically decrease the existing supply of GPS Tokens that are in circulation to users and completely removes the need for centralized trust in the Coinerz Group to safely store any undistributed tokens. New child-chain GPS tokens will be generated directly from the Triffic app based on an algorithm which includes GPS coordinates and distance traveled.
How Does It Work?
Triffic is a gamified navigation app that lets users earn loyalty points like Air Miles by performing actions such as traveling to a location, redeeming vouchers, selling items or booking a hotel or taxi. It also provides business owners with a revolutionary way to promote their services or sell their products to truly local clientele in a way that is much more engaging than existing methods like Google AdWords. Triffic takes the loyalty rewards systems that are commonly associated with air travel and successfully applies them to create an ecosystem which easily connects local businesses to new clientele whilst allowing app users to get rewarded by simply going about their day-to-day lives.
The Triffic App will let users:
• Create loyalty reward vouchers that offer discounts for their products and services.
• Automatically promote their services to anybody within a defined radius of their business premises.
• Redeem and track vouchers and measure the effectiveness of their campaigns.
• Find directions for where they want to go.
• Get real-time traffic reports.
• Book hotels and taxis.
• Earn GPS Token loyalty points.
• Collect vouchers and rewards from participating businesses and companies.
• Exchange GPS Tokens for physical products.
• Sell items with ease.
Imagine if you could get rewarded for living your day-to-day life. Where taking a walk or driving your car earned you credit. You’ve just imagined Triffic, the gamified navigation app that earns you rewards called GPS Tokens whenever you use it. Now imagine if you could use your earnings to promote your services and businesses, buy and sell stuff, or even offer discounts to local customers. Triffic feels that Triffic users should be rewarded for using our app in the same way that frequent flyers are awarded, Air Miles. The gamified Triffic app lets its users collect reward points whenever they take a journey. It doesn’t matter if they are walking to the local shops or driving to visit Great Aunt Hilda who lives 250 miles away, people can earn points whenever they like. Triffic also makes it easy for businesses to promote their services and sell their items to a truly local audience. One of the main problems with Google’s AdWords system is the sheer complexity. To get the best out of the platform, you need to spend time learning the intricacies of the system. Most small business owners have neither the time, inclination or budget to become a ‘Certified AdWords Professional’. They simply need a way to spread their message quickly, easily, effectively and cheaply.
The beauty of Triffic is that the potential target audience is huge. Unlike most other blockchain-based businesses, which are highly niche and are relevant only to certain demographics, Triffic can be used by anybody who needs to travel. This can be a quick walk to the local shops or a journey of many hundreds of miles. Triffic is expected to have high user take-up from the following:
Triffic makes it easy and fun for people to travel, book hotels and taxis and get discounts at local businesses. The built-in loyalty points system called ‘GPS Tokens’ means that users are rewarded each time they interact with the app. As well as being exchangeable for real, tangible products and services, GPS Token loyalty points are also redeemable 1:1 for GPS Tokens, the transferable Triffic blockchain-based digital token.
Triffic lets business owners easily create discount vouchers which are automatically sent to app users who are in the local vicinity. Unlike passive forms of advertising like Google AdWords, the ability to directly target highly local footfall has been shown to be much more effective than banner adverts. As soon as a Triffic user comes within a
defined radius of a business, they receive a voucher as a notification, plus directions on how to get to the business premises.
Promote Your Service
Triffic is perfect for small business owners who want to let people know about their services. Creating and distributing a gift voucher or coupon takes a couple of moments and is broadcast to everybody who comes near to the venue. The company business promoter system broadcasts directly to people who enter the businesses defined the radius. Because the company relies on footfall which is by definition, transient, business owners are always promoting their message to a fresh audience.
Buy & Sell
The Triffic Marketplace will be a fully-functioning e-commerce ecosystem which lets Triffic users sell products and services and even create discounts. Features include dynamic pricing so users can set a sales price in their base currency (eg USD) and the GPS Token price will be calculated in real-time, based on the current exchange rate.
Benefits To Users
Earn GPS Token loyalty points
Exchange GPS Tokens for Bitcoin, Ethereum or any other cryptocurrency
Exchange GPS Tokens for physical products
Easily book hotels and taxis
Benefits To Business Owners
Create loyalty reward vouchers that offer discounts for their products and services
Automatically promote services to anybody within a defined radius of their business premises
Redeem and track vouchers and measure the effectiveness of their campaigns
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