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MB8 Coin (MB8) ICO Review – ICO Token News

Overview of Eurocredit Plus Loyalty Rewards Token

Multibuy has been running their traditional loyalty rewards system since 2005. Whilst extremely successful to date, a traditional rewards system can prove costly to run and manage especially when scaling the expansion to a global market. On such large scales, the central distribution and support is labour intensive, logistically difficult and open to fraud or abuse of the system.

Why are we changing from Eurocredit Plus?

Already proven and highly successful, the expansion of our Eurocredit Plus loyalty rewards system was an obvious opportunity to utilise the efficiencies which Blockchain technology brings. By replacing our traditionally “closed system rewards model” we aim to expand to many new markets, leveraging the innovation of this exciting space. This transition will also allow for the platform to be greatly enhanced and expanded for the benefit of all participants. After the launch, our existing Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin.

Why is MB8 Coin different?

MB8 Coin will be used as the ‘fuel’ for the existing 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 is already being used under white label by over 2100 businesses.

Multibuy Group

Multibuy Company and its loyalty rewards system have been growing at a tremendous rate over the last decade. Businesses that have white labelled and utilise the loyalty rewards system to give back to their loyal returning customers are often referred to as being on the Multibuy circuit. All companies on the Multibuy Circuit will accept part or whole payment on products and services with Eurocredit. Many new platforms have been introduced over the last two years to help connect businesses on the Multibuy circuit and the 200,000 + customers using the loyalty rewards regularly. Our most successful platform to date is Multibuy Travel, this is an online platform were customers can book holidays paying up to 100% in Eurocredit with travel destinations registered on the Multibuy Circuit.

Customer Benefits

  1. Book holidays online paying up to 100% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value
  2. Buy products online paying up to 70% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value.
  3. Spend MB8 coin within existing and growing loyalty rewards network.
  4. Gain 5% p/a additional MB8 Coin rewards through staking.
  5. MB8 Coin will be listed on exchanges where customers will have the ability to trade the coin for other currencies.
  6. MB8 coin will be accepted by over 2100 businesses soon after ICO
  7. The Multibuy App is being re-developed and will soon show nearest accepting business partners.
  8. Gain MB8 Coin while using the existing rewards platform

Multibuy Benefits

  1. Reduced costs in running and maintaining the Multibuy rewards system.
  2. Increased business recognition and new customers from untapped areas.
  3. Industry first where a rewards system replaces its operating model to Blockchain technology.
  4. Opens the rewards system to anyone who wishes to participate.

Business Partners Benefits

  1. Ability to benefit from increased business from new customers and brand awareness.
  2. Ability to buy and sell the rewards tokens on the open market rather than from a closed source at a fixed price.
  3. Vendors will receive MB8 Coin at ICO and from all future customer redemptions on offers.
  4. Ability to accrue 5% additional MB8 Coin rewards p/a. (by staking)

Token Sale

Multibuy Company will be releasing MB8 Coin to drive the huge expansion of its already proven loyalty rewards system, by enabling global adoption via cryptocurrency. The initial implementation will be an ICO sale distribution of MB8 Coin tokens, which serves to replace the existing rewards systems “fuel” with an interest bearing cryptocurrency tradable on open crypto exchanges.

Key Fact

  1. MB8 Coin decentralises, creates and provides a finite amount of usable tokens within Multibuys modernised rewards system.
  2. Multibuy have partnered with 2100 companies and is continuing to grow fast.
  3. This change will make Multibuy the most widely distributed, diverse and modern loyalty rewards system
  4. This will attract business partners, investors, speculators and valued new customers.

Coin Value

We are offering everyone this fantastic chance to be involved in the success and growth of MB8 Coin by purchasing the tokens at a fraction of its already accepted value of 1 Euro within Multibuys active rewards and loyalty system. Once launched on the open crypto market the value of MB8 coin, like every cryptocurrency cannot be guaranteed (or promised) to keep its 1 Euro value, however, it will always be honoured at the 1 Euro value within the rewards system itself. If however the value of MB8 rises substantially above 1 Euro, and as the network grows we are hoping to see this happen, your MB8 Coin would have more value than 1 Euro which is dependent on the market value at the time. You could, of course, decide to sell your MB8 Coin on an exchange for a profit, as there will always be a demand for them from business partners and traders.  Check ICO list to know more about ICOs.

Team

  • Giancarlo Santigli
    Giancarlo Santigli
    Giancarlo Santigli
    Entrepreneur and Founder of
    Multibuy, Multibuy company
    and Multibuy Group. 8 years'
    experience in financial sector
    as director of a leading Italian
    Company. Created Multibuy
    14 years ago with a Unique
    rewards Program and
    Contracts all over the world
    with Hotels and Tourist
    Facilities. My company has
    created more than 200.000
    steady customers and over
    1.000.000 rolling customers.
  • Michela Santigli
    Michela Santigli
    Michela Santigli
    Administrative and Accounting
    Manager. Graduated in
    Economics and Management
    and specialized in Economics
    and Consulting. Working with
    Multibuy for over 8 years.
  • Alessandro Vichi
    Alessandro Vichi
    Alessandro Vichi
    Web Master | Front end
    Developer
    I have been creating and
    managing websites for many
    years, making creativity my
    number one priority.
  • Terry James
    Terry James
    Terry James
    Training and Development
    Manager
    Serial entrepreneur, venture
    crypto investor, over 10yrs in
    marketing. Placed one of the
    UK's first Bitcoin ATM's into
    Central London in 2013.
  • Carlo Brunelleschi
    Carlo Brunelleschi
    Carlo Brunelleschi
    Full Stack Developer
    Programmer since the age of
    12, more than 20 years
    working in the computer
    software industry. Skilled in
    Desktop, Web and Mobile
    applications.
  • Constantin Macovei
    Constantin Macovei
    Constantin Macovei
    Customer Service
    Working in the customer care
    and tourism field since 2016
    Worked with Tour operators in
  • Kirby Sharon Raneri
    Kirby Sharon Raneri
    Kirby Sharon Raneri
    Co-founder & Business
    development manager.
    Graduated in Political Science
    and languages at Università
    degli studi di Milano. I speak
    fluently English, Spanish,
    German, Italian (mother
    language). 4 years' experience
    in banking management. 2 years
    Managing Director Multibuy
    Travel Industry. Since 2 years
    Co-Founder and Partner of
    Multibuy

Milestones

  • 1
    Q4 2016
    Multibuy Expands

  • 2
    Q2 2017
    Eurocredit Plus Going Global

  • 3
    Q1 2018
    Eurocredit Plus moves to Blockchain

  • 4
    Q1 2018
    MB8 Test Network

  • 5
    Q2 2018
    MB8 Whitepaper Published

  • 6
    Q2 2018
    MB8 ICO Live

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