06/15/2018, 00:23:07 am
COUP is an NEP-5 utility token under the Coupit network which is powered by NEO blockchain technology and built as an incentive-based e-commerce network. In this network people and entities will be able to trade products and services in an open source, decentralized manner.
Coupit looks to resolve several, e-commerce related issues such as; poor consumer loyalty plans, expensive and extensive payment processes, reputation building issues, trust-related complaints and poor affiliate marketing programs.
COUP is the fuel for smart contracts under Coupit and holders of this utility token can also generate a Recoupit (RCPT) token which is used in the marketing of commodities on the Coupit network by COUP holders and also in the redemption of reward program prizes.