MB8 Coin will be used as the fuel for the existing Multibuy 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 has already been white labelled by over 2100 businesses.
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MB8 takes an already established reward token and converts it into a coin which will instantly have a redeemable value within the existing network.
The Multibuy team met with the Blockchain Scotland Team in February 2018 in Barcenlona and agreed a timeline for taking their existing loyalty rewards network to a global market place using a Blockchain solution.
Cryptocurrencies are inherently volatile. Rapid growth will force strategic company development. Fake ICO's crowd the crypto scene making it harder for genuine coins like MB8Coin to be found.