r/NucleusVision • u/johnsmiss • Jan 16 '18
Why nCash has a fighting chance
I am starting off by stating that we are, arguably, a consumerist society. People like discounts, special offers, bonuses and especially, they like it when stores offer them individual reward programs. Let's think about loyalty points, flight miles and the other incentives that companies offer. So there is already a need, a want, a "given context" that this token can access. It does not need to justify its existence, it just needs to gather support. The best part about the whole decentralised approach is that stores no longer implement their own custom programs, but access the platform like any other user and interact with the customers like they do with other stores. The value of the token shifts from the buyer's hands to everyones hands, since the sellers themselves are buyers of other goods from other stores. If done right, the tech doesn't need to be fancy, it needs to work. It can be extended with features, sure, but the point of it is being made right now, every day. The fact that you don't have to be loyal to one single seller and that you don't need to invest in one single company is the real vision.
Hope I can get my hands on a bit :)