Designer Exposes Token Compensate System Sustained by Bitcoin Money

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There’s a brand-new crypto system called Honeypoints that simply launched for beta screening on Apple’s Testflight. The electronic money application developed by 2 previous Bitcoin.com staff members intends to sustain seller fostering with commitment benefits. The Honeypoints application is indicated to boost retail approval by awarding clients with distinct crypto symbols when they buy or program commitment.

Additionally Review: SLP Developers Release Specifications for a Unique Kind Of Non-Fungible Symbols

Honeypoints: An SLP Token Compensate System Improved the Bitcoin Money Network

Recently at the Attempt Swift seminar in New york city, previous Bitcoin.com software program designer Jean-Baptiste Dominguez revealed a brand-new crypto-based benefits application powered by the Bitcoin Money (BCH) chain called Honeypoints. The most recent SLP job was likewise created by Bitcoin.com’s previous programmer Alfonso Rocha, as well as both cofounders intend to “make cryptocurrencies offered to every person.” The brand-new application is presently in beta for iphone gadgets as well as the Honeypoints group intends to release globally on Sep. 30. Generally, the Honeypoints system functions as a crypto budget that permits customers to shop BCH as well as Easy Journal Procedure (SLP) symbols. Yet the application’s highlight permits any person to build a commitment program that compensates patronage with SLP token benefits. At the Attempt Swift seminar, guests obtained their very first glance of the effective SLP procedure integrated with BCH as well as Dominguez informed the target market exactly how merchants as well as brand names can develop Honeypoint benefit programs.

“We equip services as well as people to preserve their clients with a crypto-currency benefit token — Coming quickly,” the honeypoints.cash web site checks out.

Developer Reveals Token Reward Platform Fueled by Bitcoin Cash

After developing a customized Honeypoints card system sellers can award crypto symbols to clients that make acquisitions in-store or on the internet. Stores as well as brand names might likewise award clients that share social media sites articles on Twitter, manage a defined job, as well as also be awarded for merely going to a web site. Dominguez as well as the Honeypoints group wants to see the SLP token system fully grown substantially with tokenization bringing the very same worth to the table as it performed with Ethereum. While showing the brand-new system, Dominguez informed the Attempt Swift guests that “you don’t require a growth group to have your enterprise-grade system for your most faithful clients.” The software program designer included:

We don’t desire anyone to be puzzled or frightened by the principle of cryptocurrencies. We simply desire them to take pleasure in the advantages of the innovation. Every little thing that we’ve done, from the principle to the application itself, is created to be able to be used for every person promptly.

Developer Reveals Token Reward Platform Fueled by Bitcoin Cash
Software program designer Jean-Baptiste Dominguez at the Attempt Swift occasion in New york city.

Checking Honeypoints Beta Variation

Utilizing the Honeypoints application is user-friendly for any person that has actually made use of a crypto budget prior to, yet it’s likewise straightforward sufficient for crypto newbies also. The budget side of the application can save send out as well as get BCH, together with the capability to save SLP symbols in a noncustodial style. Honeypoints utilizes a four-digit PIN to protect the budget as well as a mnemonic seed expression for back-up as well as remediation functions. The PIN is required if you wish to access the mnemonic’s 12-words as well as launch a budget remediation procedure also. Now, the beta budget reveals you equilibriums in BCH as well as SLP symbols as well as likewise allows you acquisition BCH for gas. If somebody arbitrarily sends you a token to your Honeypoints budget, you can select if you wish to include it to the budget’s equilibrium or otherwise. Under right there’s a compass symbol that states Exploration which demonstrates how individuals can gain benefit symbols by tweeting something from their Twitter account or taking care of an additional job. For example, on the Honeypoints beta variation, there’s a “Seasoning Needs to Circulation” job offered as well as if you share a meme from the Spicefeed on Twitter you obtain 200 seasoning.

Developer Reveals Token Reward Platform Fueled by Bitcoin Cash
A take a look at the beta variation of Honeypoints.

The beta variation likewise offers you the capability to create a brand-new SLP token from the budget user interface by pushing the “Develop token” tab. You can tailor the SLP token’s name, ticker, amount, variety of decimals, secure a file LINK, as well as select if the producing baton will certainly be energetic or otherwise. Similar to the remainder of the SLP applications out in the wild today, a tiny portion of BCH (gas) is required to develop symbols as well as send them also. The Honeypoints beta launch from Apple’s Testflight likewise permits customers to toggle in between the BCH livenet as well as testnet.

‘Bitcoin Money Growth as well as Recognition Goes To an All-Time High’

The SLP community has actually ended up being popular considering that the summer season of 2018 as well as there’s an entire world of suggestions as well as token jobs planned. There have actually been countless SLP symbols developed onchain as well as designers have actually also found out exactly how to develop nonfungible SLP symbols as well as pay BCH reward repayments to token owners. At the Attempt Swift occasion in New york city, Dominguez revealed the advantages of SLP symbols sustained by the BCH chain to a worldwide target market.

The Honeypoints owners think the demo has actually revealed guests a real-world usage instance that leverages cryptocurrency services. The Honeypoints designers discussed in a news release on Sep. 12 that the group picked BCH due to the fact that it’s “20X less costly” than utilizing token systems that originate from Ethereum. “Current examinations of the Bitcoin Money blockchain likewise showed that it can manage extra purchases than Ethereum while maintaining its prices reduced,” journalism launch highlights. Additionally, the start-up stressed that a Honeypoints token benefits system is friendlier to the atmosphere than developing paper benefits programs.

Seeing the SLP system fully grown considerably, as well as after the Bitcoin Money City seminar in North Queensland, Australia, the Honeypoints developers Dominguez as well as Rocha think “Bitcoin Money advancement as well as understanding goes to a perpetuity high.” To them, it’s the ideal time to release the crypto compensates system as well as the group is presently onboarding their very first merchants as well as brand names using the Honeypoints beta Telegram team. You can comply with the Tokyo-based start-up’s Twitter page for upcoming news on when the application goes for completion of the month. SLP systems are showing up left as well as right nowadays, as well as the benefits system is an additional token job developed utilizing the BCH chain in a unique fashion.

What do you consider the Honeypoints application? Allow us understand what you consider this application in the remarks area listed below.


Photo credit ratings: Shutterstock, Honeypoints, Pixabay, as well as Twitter.


Did you understand you can confirm any type of unofficial Bitcoin purchase with our Bitcoin Cash Block Explorer tool? Our block traveler can likewise browse the SLP world of symbols as well. Merely finish a Bitcoin Money or SLP token address to see it on the blockchain. And also, see our Bitcoin Charts to see what’s taking place in the market.

Tags in this tale
Alfonso Rocha, Application, application, BCH, BCH Chain, bitcoin cash money, Bitcoin Money Block Traveler, Trial, demo, Developers, Growth, Honeypoints, Jean-Baptiste Dominguez, New York City, Noncustodial, system, Easy Journal Procedure, SLP, SLP symbols, SLP Cosmos, Seasoning Token, Spicefeed, Token Benefits, tokenization, Attempt Swift seminar, Budget
Designer Exposes Token Compensate System Sustained by Bitcoin Money 1
Jamie Redman

Jamie Redman is a monetary technology reporter living in Florida. Redman has actually been an energetic participant of the cryptocurrency neighborhood considering that 2011. He wants Bitcoin, open resource code, as well as decentralized applications. Redman has actually composed countless posts for news.Bitcoin.com concerning the turbulent procedures arising today.



  • Designer Exposes Token Compensate System Sustained by Bitcoin Money 2 Bitcoin
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  • Designer Exposes Token Compensate System Sustained by Bitcoin Money 5 Stellar
  • Designer Exposes Token Compensate System Sustained by Bitcoin Money 6 Neo
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