Rebiddy CryptoCashback Market Launches For You Guessed It, Crypto Cash Back Rewards


Rebiddy Introduces Cryptocashback Market

Crypto startup Rebiddy has announced plans to launch a crypto market experience where users can get cashbacks. At the fore of this innovation are Nikita Fomichev (founder and CEO) and Ivan Golovko (co-founder and CMO). Both share a diverse background in consumer products, markets exploration of tokenization of arts and media channels, crypto trading, media and investments.

The platform, has developed a new cryptocurrency market experience where customers are included in an ‘adoption’ process and one in which they enjoy cashback services.

Disrupting The Market Paradigm

While assimilating blockchain technology and allowing for control and accessibility that crypto offers, Rebiddy also includes an adoption culture where customers can enjoy a “global redistribution of value” and “possibilities… to transact value, buy products and so on and… get a chance to have a ‘piece of adoption returned to (the customer)’ in form of cryptocashback”, as reported by Medium.

Rebiddy explains how this new self-sustaining modelled cryptocashback system benefits the customers:

“Instead of paying for advertisements, shops pay rebiddy for helping them reach customers. Majority of those rewards we give back to our community – meaning you. That way shops increase their sales, we get our commission, and you get a convenient and profitable way to make purchases.”

In its search for shops, Rebiddy placed a call out to merchants to recruit services on Reddit. Merchants are required to have a shop, collectible, or a game and accept cryptocurrency payments. In return, Rebiddy offers to eliminate possible cashback frictions. These include: no huge bank fees and delays, availability of immediate cryptocashback, borderless transactions, non-requirement of KYC, community-oriented focus.

End Goals

Rebiddy aims to build a crypto market ecosystem which provides a “platform or service which aggregates shops and merchants and gives users a choice at a discounted rate. The discount is made possible because shops pay Rebiddy”, according to CoinVigilance.

Identifiably, Rebiddy’s vision reinforces the sentiment that blockchain technology and the cryptocurrency market has not exhausted its potential. Its continual growth and evolvement poses the unending question: in the middle of its market inconsistencies and the doubt this raises, is cryptocurrency the future?

Claiming his country as a “blockchain island”, Joseph Muscat, Malta’s Prime Minister professed profound belief in the reformation of technology during his address at the United Nations General Assembly, reported by Forbes.

In his address he said:

“By being the first jurisdiction worldwide to regulate this new technology that previously existed in a legal vacuum. Blockchain makes cryptocurrencies the inevitable future of money. More transparent, it helps filter good business from bad business”

 

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