Connect with us
Prague Gaming & TECH Summit 2024

Blockchain

First-of-its-kind cryptocurrency bound to real products’ supply and demand – Launched by Maison Reserve & Co.

Published

on

The world’s first cryptocurrency that is tethered to the supply and demand of real products has been launched by Maison Reserve & Co., backed by R&D, manufacturing, sales, distribution, and loyalty benefits.

Maison Reserve & Co.’s core platform will be built on the foundation of Ethereum, a sensible decision considering the decreasing transaction costs and the expected deflationary path for ETH.

The process is straightforward. Maison Reserve & Co. – a US-based manufacturing firm of household products – produces an item that is generally purchased on a regular basis, every week or month, such as a soap bar or shower gel. The item is then sold at an ordinary price, but the customer instantly receives more than 50% cash-back in said cryptocurrency. The purchase is monitored through the use of QR codes embedded in the packaging. This crypto can then be converted into USD, BTC or ETH, or used for further purchases on the Maison Reserve & Co. website and partner sites.

Daniel Anton, one of the lead investors in the company commented – “By using smart contracts, we can maximize the efficiency, reliability, and transparency of every action that occurs not only during manufacturing, but also on sales and loyalty reward cycles,” – while also adding – “It’s a massively interconnected industrial smart contract, with integrated real-time capabilities, secured and powered by blockchain.”

The company aims to strengthen the long-term value of the brand, encouraging customer loyalty, the primary advantage of the initiative.

“When looking for our next investment, Maison Reserve & Co. was a no-brainer. It’s extremely rare to find a company in this industry that isn’t chasing projected revenue models which fail 95% of the time in a spectacular way,” – added Anton – “Building the foundation with long-term growth in mind is what we’re focusing on. ROI comes later.”

Blockchain

Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

Published

on

alarum-announces-exciting-events-lineup-and-welcomes-esteemed-advisor-to-netnut’s-advisory-board
Continue Reading

Blockchain

RevoluGROUP Canada Inc. Announces White Label Partnership with MONECO France

Published

on

revolugroup-canada-inc.-announces-white-label-partnership-with-moneco-france
Continue Reading

Blockchain

Australian Fintech Stables Launches International Remittances Between Australia and The Philippines

Published

on

australian-fintech-stables-launches-international-remittances-between-australia-and-the-philippines

Pictured Left to Right: Erez Rachamim, Bernardo Bilotta and Daniel Li.

Continue Reading
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE