Triffic, the Singapore-based Augmented Reality app that dispenses rewards in the form of GPS tokens, has entered a live environment for the first time. The official launch of the GPS token means users can start earning cryptocurrency simply by following their daily routine – walking the dog, shopping, cycling or going a run. The milestone follows a hard fork of Jelurida’s Ardor blockchain implemented on September 22.
Triffic: The App That Incentivizes Movement
A gamified app with almost no learning curve, Triffic pays users in the newly-launched GPS token. The concept itself is simple: the more you move, the more you earn. There are five tiers of wallet balance, each of them representing a multiplier. In order to reach the first rung of the ladder, users must accrue a minimum of 100 GPS – not by buying them from an exchange platform like Binance or Huobi, but by using the Triffic smartphone app and earning rewards.
As well as functioning as a unit of reward, GPS tokens power Triffic’s in-app loyalty ecosystem, enabling businesses to attract real footfall to their physical locations. It will also be possible for Triffic users to supply jobs and services to others in their local vicinity and accept payment in the form of GPS tokens. One billion GPS tokens have been minted, with 600,000,000 allocated for in-app distribution and others earmarked for airdrops, an ICO token sale and business development.
Of course, all this was in the realm of hypotheticals prior to a hard fork of the Ardor blockchain, which allowed the GPS child chain to connect to the primary network. Triffic’s synergy with the multi-chain platform is thanks to a partnership between the app’s parent company Coinerz Group Pte Ltd and Jelurida, the development company behind Ardor.
A Busy Period for Jelurida
Jelurida, whose products include Ardor, Nxt and Ignis, the latter a child chain like GPS, has been busy of late. As well as facilitating the GPS child chain at block 1,453,000, the project has developed an official Ardor Node Docker image, enabling users to deploy an Ardor node and automatically bootstrap the blockchain database. With Docker, users can manage their infrastructure in the same way they manage applications.
A slew of new features have also coincided with the hard fork, including the ability to send zero-fee child chain transactions and to set up account control with zero max fees.
Triffic is but one child chain of the Ardor network. In addition to Ignis, the main permissioned child chain on Ardor, the ecosystem includes Max Property Group (MPG), an international syndicate of property professionals seeking to build out a decentralized property management platform.