It has circulating supply of – triffic coins and a max supply of – triffic alongside h trading volume. Coinerz Group, the company behind the blockchain-powered augmented reality app Triffic, have launched the beta of their GPS Pay product. GPS Pay is described as the sister app of Triffic, as it allows users to spend the rewards that they earn through the Triffic app. Triffic is unique in how it combines augmented reality with geolocation services, all while incentivizing user engagement through cryptocurrency rewards. It stands out by offering practical uses of AR beyond gaming, aiming to be a part of everyday activities such as shopping and commuting. With the GPS Pay app, local business can reach out to customers without employing traditional marketing strategies.
It’s important to note that this figure might change with time due to the burning of tokens, additional releases, or other mechanisms put in place by the Triffic team. Triffic is currently accepting alpha testers who can begin earning GPS tokens now and experiment with the augmented reality features it offers. More often than not, exchange listings are one of the most significant pain points to most crypto projects, but the Ardor DEX is still a reliable go-to for fiat conversions. Also, as mentioned, users can begin gaining GPS tokens now and get an early start on market share. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.
MX Token (MX) vs Triffic (GPS)
Users will be able to buy NFTs in the Triffic app that represent an area in the real world, and benefit from the revenue generated by the beacons in that area. To visualize the Triffic experience, think of Pokemon GO, but instead of running around to catch Pokemon, which serves no real purpose, users will see beacons appear around them. If a user manages to snatch a beacon, they will then be rewarded with GPS tokens, the app’s native currency.
- Triffic’s concept is based on a fair algorithm called Proof of Effort and as its name suggests, given rewards will be calculated on the amount of effort one user put into the app.
- CoinCodex tracks 42,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.
- Users can immediately use their smartphone, or another compatible device, device to join the app without having to use other tools.
- Triffic (GPS) can be purchased on various cryptocurrency exchanges.
- Users will be able to buy NFTs in the Triffic app that represent an area in the real world, and benefit from the revenue generated by the beacons in that area.
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Triffic’s price is determined by supply and demand in the market. Key factors include investor interest, economic conditions, and regulatory news. Assets with the largest change in unique page views on CoinStats in the last 24 hours.
What Is the Current Price of Triffic (GPS)?
Triffic employs a mobile application that utilizes augmented reality (AR) and blockchain technology to create an interactive and engaging user experience. The app rewards users with GPS tokens for performing tasks like traveling to certain locations or patronizing local businesses. By doing this, Triffic not only provides rewards for mobility but also supports local economies and encourages exploration. We believe that blockchain technology is a game-changer, but we also believe that cryptocurrency is only the tip of the iceberg. The true value of the blockchain will be felt in industries beyond finance.
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Every month, Triffic also rewards its users by using 50% of our advertising revenue to purchase GPS Tokens at the market rate. Wallet addresses that have over 1000 GPS Tokens receive these tokens at random intervals during the month in proportion to the number of circulating GPS Tokens that they own. For example, somebody who owned 1,000,000 out of 100,000,000 of the circulating GPS Tokens would receive 1% of the total amount of purchased GPS Tokens.
It could be treasure chests, exciting gifts from your local businesses, or a special power with a higher chance of growing your incentives later on. Triffic’s market cap is N/A, reflecting its total market value based on circulating supply and current price. The Coin Bureau Editorial Team are your dedicated guides through the dynamic world of cryptocurrency.
Triffic offers several incentives for gamers, travelers and businesses to use the app as soon as possible. Simply put, users can actively earn tokens while taking part in exciting scavenger hunts, or passively while running errands, on daily work commutes, fun travels, and more. Triffic’s motto is “Turning miles into money” and we look forward to seeing if they can do just that. We provide personalized recommendations based on your activity on our platform. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth.
The mix of real and virtual with AR technology can create two situations in one environment without time or money spending. AR works to bring real-world experiences with virtual information to users. You can still move in the real world, from the streets, library, office to get rewarded and still be able to participate in catching Beacons on your own by interacting on the screen. Triffic’s 24-hour trading volume is $5.61M, showing the total value of gps traded globally over the past day. Triffic (GPS) can be purchased on various cryptocurrency exchanges.
- Users, on the other hand, get a new way to spend the rewards they earn from Triffic, and can make small purchases with their GPS tokens.
- This project was launched by individuals or a group with an interest in blending blockchain technology with geolocation services to create value both for users and local businesses.
- For example, users may find virtual items or tokens at real-world locations that they can collect for rewards.
- GPS tokens will be exchangeable through Ardor’s decentralized exchange or through any public exchange listings, which is an expectation amongst its users.
- GPS Pay is described as the sister app of Triffic, as it allows users to spend the rewards that they earn through the Triffic app.
GPS Tokens is the cryptocurrency accelerating GPS Pay, the local payment system which adds to the adjustment in your wallet. Inspired by Pokémon Go, Triffic also develops the feature of Beacons finding and users can collect them to unlock new offerings. The app has several types of Beacons for players to capture, each type can be found around every corner. Triffic uses virtual interactive technology, so players will need a smart mobile device with a network connection (3G, 4G, etc…) and GPS enabled to check the location.
No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. To keep your Triffic (GPS) tokens safe, store them in a secure wallet that supports the GPS cryptocurrency. Practice safe storage habits, like using hardware wallets for larger amounts and keeping your private keys offline.
By accepting GPS Pay, businesses are featured on the Triffic map when users are looking for new locations to find rewards. Users, on the other hand, get a new way to spend the rewards they earn from Triffic, and can make small purchases with their GPS tokens. Triffic’s augmented reality features are integrated through its mobile app, allowing users to interact with their environment in a gamified manner. For example, users may find triffic coin virtual items or tokens at real-world locations that they can collect for rewards. They can be earned by users for completing various activities and can also be used to pay for goods and services within the app, offering real-world utility.
The integration of GPS tokens is designed to support a circular economy in the platform. Founder James Malach recently posted a video demo online showing off the app in real-time. From what we watched, the beacons are extremely well designed and the augmented reality technology is smooth, rendering for a quality user experience. Triffic allows users to find rewards in the environment that surrrounds them. By using a smartphone camera, users can find “reward beacons” that contain rewards in the form of Triffic Miles or other perks. Meanwhile, businesses can set up their own beacons to incentivize customers to pay them a visit.
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