Very interesting new coin launching today: Tagbond is a startup trying to change a few things in the membership and rewards sector. As part of the TagBond idea, we wanted to create a universal rewards currency that could be used everywhere and by everyone, and is specifically created with the rewards market in mind. A coin that itself would earn rewards. So we have created TagCoin.

About Tagbond and TagCash

Tagbond itself is a mixture of ideas from Multiply, Google Adsense, Groupon and Paypal. Anyone can create a community, and add marketing modules to promote on Tagbond itself, or via Facebook and other sites. These modules are called tagverts, which include coupons, prize draws, polls/surveys, mini shopping carts, loyalty cards, competitions and more. They can include rewards for the customer such as membership upgrades, points, real cash and crypto currency, and can include affiliate payments to anyone who wants to share them. RFID, NFC and QR codes are used throughout the system. Tagbond will help crypto to be used as a currency not just a commodity.

Alongside Tagbond.com we are creating TagCash.com which will be a payment platform offering fiat and crypto currency, featuring ewallets, currency conversion, merchant processing, micro payments and escrow.

Mobile applications are under development for all parts of the system, and there is a full API for anyone to integrate with mobile apps and websites.

Finally, we will be launching Tagcash.net which is a crypto exchange. We will be taking in most major currencies, and enable fiat/crypto trading pairs in most of them, including TagCoin. There will be no charges within the system – fees are $15 to deposit wire transfers and $25 to transfer out.

About The Developer

http://www.crunchbase.com/person/mark-vernon-2

All of these companies operate from Makati, Philippines, which is a major finance center in Asia. They are wholly owned by Mark Vernon, a veteran of internet business, who owns vtc.com (online software video training since 1996 and currently valued at around $15m USD), iplotz.com and eduslide.com. He is both startup founder and angel investor and is investing approximately $5m USD into the enterprise. The aim of the entire company is to be open and transparent, while also working with banks and central authorities to make this work.

Tagbond is registered with Fincen, and is working with the Bangko Sentral to become a licensed money issuer (which requires $2.5m paid up capital). Banking partners are Standard Chartered Bank and Union Bank. Tagbond and Tagcash will work with other partners as needed for licensing in Europe, USA and other countries.

About TagCoin

TagCoin will be the primary currency used within Tagbond and TagCash. We designed TagCoin with the following objectives in mind:

Fairness – Difficulty will start out at a reasonable value so no one can get an unfair advantage

Sustainability – Parameters have been chosen such that TagCoin can survive well into the future

Services – Tagbond and TagCash are just the start of the ecosystem that will we be building around TagCoin

Transparency – Open Conversation and discussion with the founders and staff within Tagbond

Source and udpates: https://bitcointalk.org/index.php?topic=317408.0

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