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PlusCoin is an Ethereum based ERC-20 token for working on DS PLUS platform. DsPlus is a Ethereum based decentralized loyalty system and cashback accruing platform. The project was started August 2017 by an anonymous entrepreneur with a nickname DS Plus.
The main purpose of PlusCoin was to create an independent tool for loyalty enhancing via cashbacks: providing part of a purchase as a reward back to the customer. The main advantages of PlusCoin are speed of cashbacks and low commissions for theShow more [+] sellers. At the moment usual period of offline, non-blockchain cashbacks is about 2 months and cashback percentage is about 1-2%. PlusCoin intends to do instant cashbacks straight after transaction with low commissions for using the platform. PlusCoin also introduces cryptoscoring (rating) for PlusCoin holders. At the time several retail chains from Hong Kong and China expressed their interest working with PlusCoin.