Troptions is a blockchain-based digital currency that enables holders to exchange goods and services without the need of intermediaries and to trade on various cryptocurrency exchanges. Troptions are storable without ever expiring and away from the tax system.
To ensure the usefulness and utility of Troptions, the Troptions Corporation created an ecosystem whose main function in providing Troption holders with assistance and education regarding the usage of Troptions, creating a marketplace where Troptions are an accepted payment method, and increasing the value of Troptions on trading markets.
The Troptions ecosystem
The Troptions ecosystem makes it possible for two individuals to exchange goods and services using an agreed value.
The ecosystem seeks to enable both businesses and individuals that own the Troption cryptocurrency to purchase goods and services using the cryptocurrency. The Troption cryptocurrency will be used to power the Troption ecosystem.
The Troption ecosystem is compatible with any goods or services that can be purchased using fiat currency. However, the major difference is the fact that the trader will receive a percentage of the price of the good or service in Troptions cryptocurrency.
Businesses will have the ability to determine the amount of the payment that they would like to receive in Troption cryptocurrency the minimum percentage being 20% of the total payment.
How does the Troption ecosystem work?
Businesses can register on the Troption ecosystem by filling out the form available on the website after which a Troptions representative will contact the business and send them a Troptions acceptance agreement for signing.
After signing the form and sending it back to Troption, the business will receive a Troptions kit containing decals, which will let Troption holders know that the business is currently accepting payment in Troption.
Once the Troption POS machine is available, businesses registered on the Troption ecosystem will be the first to receive the machine. The main advantage of the machine is that it accepts most of the credit cards and over five different cryptocurrencies such as Bitcoin, Litecoin, Ripple, and Bitcoin cash.
Holders of the Troption cryptocurrency can redeem the cryptocurrency for cash, other cryptocurrencies or for actual products and services such as real estate property, cars, advertising, and many other products, which is not the case for most of the cryptocurrencies in the market today.
Users can store their Troptions in a cryptocurrency wallet that ensures the cryptocurrency holders always remain in control of how they spend, sell, or even exchange their Troptions.
Benefits of the Troption ecosystem
Multiple payment options
Businesses that accept Troption as a method of payment alongside the cash payments will increase the payments options for their customers, thus gaining competitive advantage of other businesses that offer similar services.
The Troption ecosystem will provide businesses listed on the ecosystem with free marketing to all Troption holders through the monthly newsletters and websites where the businesses are listed.
This subsequently results in the business saving the costs that they would have used in marketing while increasing their customer base.
Increase in value of Troptions
Since the Troptions cryptocurrency is accepted in the Troption ecosystem, there is an increased usage and circulation of the cryptocurrency, which results in an increased value and stability of the Troption cryptocurrency.