UpToken UP

$0.0134
Market Cap $ 1.969 MM (#567)
24h Volume $ 21.589 K
Chg. 24h: -8.42%
Algo. score 3.0/5  (#603)
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UpToken project purpose and description

UpToken clarity of purpose

UpToken purpose and aspects

UpToken is the token asset of CoinME, a crypto ATM manufacturer and service provider.

UpToken additional differentiation against competition

Holders of the token get 30% discount on ATM services of CoinMe as well as have a say in which coins are added to its wallet.

Short description

UpToken is a reward for our ATM customers. Coinme uses 1% of every ATM transaction to purchase UpToken, which is given to customers as a 1% “cash back” reward. The customer can use their UpToken to receive a 30% discount on ATM fees by paying with UpToken. However, the UpToken that is rewarded to ATM users through using the ATM is not available for withdrawal until that user has reached $10,000 in ATM volume.

Abstract

Coinme is a company that provides digital financial services. It will use the Ethereum blockchain to empower their cryptocurrency ATMs making them accessible in the throughout the world. Coinme also has features like a digital wallet and an exchange. The UpToken will benefit the token holders with a 30% discount on ATM transaction fees, a reward program that will return 1% of an individual's total ATM transaction (cashback), and voting rights within the platform.

Link to Roadmap: https://bitcointalk.org/index.php?topic=2443584.0
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