Digitize Coin - Convert loose change into Cryptocurrency

in digitizecoin •  7 years ago  (edited)
Digitize is one of the new entrants into the ICO market that has piqued the interest of crypto traders. This is a blockchain-based ecosystem and cryptocurrency that allows consumers to convert loose change into virtual currencies at the point of transaction. Users can use the digital currency for payments and loyalty programs after tokenizing the loose change. Also, they can exchange those digital currencies for Ethereum. The Problem Digitize Coin Seeks To Solve Just like most of the ICO in the market, Digitize is looking to address a serious problem in the society. Most people hate the idea of carrying loose coin after shopping, especially if they are coins. But Digitize platform is solving this problem by saving your change to your digital currency wallet. Once in your digital wallet, you can convert it into other currencies (Ethereum) and start trading them or use them for future payment. How Digitize Coin Token Rewards, Payments & Exchange Works Digitize is a native token for cryptocurrency that allows consumers to convert their loose change into Digitize tokens. These digitize tokens can be used for payments. There’s a simple concept behind this. It’s like walking down to the nearest grocery store and buying $22.50 in groceries. You pay for your total with $30 cash. The $7.50 change you will receive, can be sent straight to your digitize wallet by taping your phone on the Digitize scanner. Then immediately the change will be saved straight to your digitize wallet. Holders of the saved Digitize tokens can use them as payments, to contribute to rewards programs, or to exchange for Ethereum.

ECOSYSTEM PARTICIPANTS

Creating of the ecosystem is done in accordance with a scalable and decentralized method. This ensures stability and sustainability in the long term.
The ecosystem will involve the following participant
📌 Platform
📌 Retailers
📌 Consumers

Benefits to Retailers

📌 Eliminates the need to hold and to transact change.
📌 Service provided likely to enhance consumer demand.
📌 When cash is deposited in digital currencies, retailer gets a percentage of the transaction fee.
For the economy, the system will reduce dependence on physical currency and costs to produce. Besides, it will eliminate the need to hold and transact change.

CONSUMER APP

Through this app users get the ability to log in and view details of their Digitize account.
The consumer app contains the following tabs:

Wallet
📌 Shows the amount of Digitize tokens the consumer has, and the value it holds in local currency.
📌 Provides an option to deposit funds through cash or to deposit change at the point of a transaction.
Exchange
📌 Shows the amount of cryptocurrency the consumer holds, and the value in local currency.
📌 Provides a means for the consumer to exchange between DTZ and ETH.
Payments
📌 Displays the total amount of digital tokens the consumer holds. All supported cryptocurrencies included.
📌 Provides a means of payment using supported cryptocurrencies the consumer holds.
Rewards
📌 Displays the amount of Digitize tokens received through feedback rewards.
📌 Displays special discounts and promotions retailers have active in store.

Digitize Coin DTZ ICO Details

📌 Symbol: DTZ
📌 Initial Value: 1DTZ = 0.0002 ETH
📌 Type: ERC20
📌 Maximum Pre-Sale Cap: 10% of Total Supply
📌 Pre-Sale Softcap: 600 ETH
📌 Pre-Sale Bonus: 25%
📌 Token Supply: 200,000,000 DTZ

For more information please follow;
● [Official Website] (https://digitizecoin.com/)
● [Telegram group] (https://t.me/DigitizeChat)
● [WhitePaper] (http://digitizecoin.com/whitepaper)
● [ANN thread] (https://bitcointalk.org/index.php?topic=3192738)

AUTHOR
https://bitcointalk.org/index.php?action=profile;u=1258234

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