Many cryptocurrencies cannot be used as a medium of exchange at merchant stores. TEE-COIN strives to provide solutions to overcome this problem. Whenever necessary and for whatever amount needed, the TEE-coin wallet can be easily topped up with other cryptocurrencies for a very low fee. The speedy transaction also enables TEE-coin to be used to settle payments efficiently. We at TEE-COIN aspire to further build on this low-cost reward infrastructure and expand it beyond the region. Our goal is to realise a rewards society that operates in many countries around Asia Pacific.
Create a coin that makes people happy
Using cryptocurrency technology built on blockchain, ChatTee generates TEE-COIN as rewards for appropriate reviews. Inappropriate reviews that are created in a stealth manner are excluded by our AI engines. Consumers can thereafter select merchants from the library of genuine user reviews. TEE-COIN are also used to thank people for providing information that is truly needed by consumers. Many students give lectures on YouTube to help people around the world who cannot receive sufficient education. Those who receive information benefits enormously. YouTube has become a “tips jar” platform for live streams that allows viewers to pay a sum of money to compensate for what they deem as valuable or for the feelings of “Amazing!” and “Thank you!”. Instead of featuring money as an incentive, the ChatTee platform enables anyone to conveniently use TEE-COIN at any time to thank reviewers for providing information and knowledge. TEE-COIN was named by taking the first letters of some of these inspiring words: "Thank you for sharing your Experience and Explorations”. We are creating coins that are will be used by numerous users as “Thanks” coins.
Our Vision
Adopting blockchain technology, TEE-COIN strives to be a worldwide cryptocurrency that can become a medium for exchange. Anyone can easily send money or make payments safely and in a speedy manner (the transaction speed is only 4 seconds - one of the fastest in the eco-system today). TEE-COIN is truly suitable for building a comprehensive reward system and establishing substantial distribution channels.
Solution to Problems Faced by General Users
Token Economy
TEE-COIN are circulated within ChatTee. Reviewers from around the world who post quality reviews can receive TEE-COIN as rewards. Rewards are also given with other user activities such as when users check in, receive push notifications, click on advertise-ment banner, and when user redeem coupons. Users can also receive tips from other users when “Likes” are given. Collectively, these TEE-COIN that users received create a token economy which allow them to use the TEE-COIN on products/services provided by the merchants.
Users are incentivised economically for all the information and activities that they do. This is a very important role that a platform must provide. ChatTee coexist with users. It generates information and review contents which are trusted by global standards and is also highly transparent (using blockchain technology). It is also a merchant search platform and a token economy which we believe no other review platforms have been able to achieve.
Utilisation of Other Cryptocurrencies for Merchant Product/Service and Reward Programs
TEE-COIN solves the problem where the cryptocurrencies and the current reward programs can only be used in limited areas. TEE-COIN wallet can be topped up instantly with TEE-COIN from major cryptocurrencies (Bitcoin and Etherium) without using cryptocurrency exchanges. The cryptocurrencies converted into TEE-COIN by the top-up function can be used for making payments at merchant stores or for purchasing e-coupons within ChatTee. Since TEE-COIN is speedy (one of the fastest in the world), the payment process is stress-free.In addition,TEE-COIN also enhances convenience and liquidity by enabling points from other reward programs and airline mileage to be converted into TEE-COIN . This usage of TEE-COIN serves as a token to bridge cryptocurrencies with reward programs. TEE-COIN solves the issue of expiring rewards of other reward programs with this interactive (and mutual) utilisation.
Market Size
The growing cryptocurrency market size
As of 2019, countries around the world are developing legislation for cryptocurrencies and the positioning of having crypto-currencies as cryptoasset is close to being established.Cryptocurrencies have started to be adopted in a wide range of fields and various tokens are now created for diverse objec-tives. Security tokens with stocks or real estate as the collateral and tokens for remittance between banks and individuals, payment tokens, gold tokens, currency tokens within games, and token for energy exchange have become very common. As the potential of crypto markets only accounts for 1/136 of the market capitalisation, there is plenty of growth expected as well as new investment opportunities.
Market Size of Other Reward Programs
It is said that the size of the reward program market in America in 2016 was 10 billion USD and the size of the market in Japan presently is 1.9 billion USD and it has been increasing year by year. It is expected that this market will continue to expand.Traction
ChatTee App: Installation Numbers
ChatTee Merchant Registration Number for Year 2019
Partners
Roadmap 2019-2020
Token Distribution
During the period from Nov 1, 2019 to the end of Oct 2020 which is announced as the lock-up period, 67.3% of the entire amount of TEE-COIN will be frozen. With this lock-up, out of the 72.4 billion TEC only 419 million TEC will be released every month on the first day of each month starting from Nov 2019. If the full amount of 419 million TEC is not released to the market within that month, the remaining TEE-coins will be locked up again for 120 months.
For More Information :
Website : https://tee-coin.com
Telegram : https://t.me/TeeCoinGlobal
Twitter : https://twitter.com/teecoin_eng
Whitepape : https://teecoin-public.s3-ap-southeast-1.amazonaws.com/white-paper/tee-coin-whitepaper-3.9.pdf
Authors : Tellysa
Bitcointalk's Profile : https://bitcointalk.org/index.php?action=profile;u=1898514;sa=showPosts
