Triffic is a gamified GPS app that awards you with cryptocurrency just for living your day-to-day life. It runs on the Ardor blockchain and lets users earn loyalty points called ‘GPS Tokens’ by performing actions such as travelling to a location, redeeming vouchers, selling items or booking a hotel or taxi. In addition, the augmented reality features of Triffic provide an easy and effective way to increase footfall at business locations and even create scavenger hunt and geocaching type games. It provides business owners with a revolutionary way to promote their services or sell their products to truly local clientele in a way that is much more engaging than existing methods like Google AdWords. Triffic takes the loyalty rewards systems that are commonly associated with air travel and successfully applies them to create an ecosystem which easily connects local businesses to new clientele whilst allowing app users to get rewarded by simply travelling.
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.
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. We are positioned to take advantage of this by creating and nurturing the next generation of easy-to-use decentralized applications that are accessible to anybody in the world. Unlike most blockchain companies, the value of our company will not be based on the fluctuations of a volatile trading market. Instead, we will build value the traditional way – by creating amazing products with a sound business model, making the most effective partnerships and listening to our users.