Each month, 50% of the total revenue from video ads in the Triffic App will be returned to our users as GPS Tokens. This is done by purchasing GPS Tokens on available exchanges and distributing them in the following proportions:
Existing GPS holders receive tokens which are directly proportional to the percentage that they own.
For example, a user with a balance of 1,000,000 GPS would be the equivalent of 0.1% of the total 1,000,000,000 GPS Tokens. Therefore, they would be eligible for 0.1% of the GPS Tokens that have been purchased with the video advertising revenue.
So, if the 50% share of video advertising revenue allows for the purchase of 10,000,000 GPS then 85% of this would be 8,500,000 GPS, and the user would receive 8,500 GPS.
Whilst GPS Tokens can be held in either the Triffic App or the blockchain wallet, tokens from video ad revenue are sent directly to the Triffic App, whereupon they can be cashed out to the blockchain wallet at any time.
Obviously the number of GPS Tokens received would depend on the actual video advertising revenue, the price of GPS Tokens at the time and the number of GPS Tokens owned by the user.
Assuming that the 50% share of video advertising revenue allows for the purchase of 10,000,000 GPS then 15% of this would be 1,500,000 GPS.
These will be used for promotional purposes, including the following methods:
Maintaining the available supply of augmented reality Reward Beacons across the world.
Placing high value Shared Beacons at high traffic places like sports events and concerts.
For business development and promotional purposes including forging beneficial partnerships with companies and services who can benefit the Triffic ecosystem.
Replenishing the in-app prize fund for leaderboards and other contests.
Distributed To Existing GPS Token Holders
Distributed To Users Via Promotions
Total Revenue Share
Video Ad Revenue Share
As A Monthly Bonus