Introducing Storecoin

Storecoin Team
Aug 2, 2017 · 9 min read
By 2020, new business models and behaviors can be introduced into the global $23 Franchise and Chain Store industry through Footprint Chat, the Storecoin Wallet API, and their symbiotic API roadmap. You can find more examples of how Footprint and Storecoin may one day interoperate here.
Here’s the cryptocurrency technology stack. With Storecoin, between the token layer and the app layer, there will be a protocol-powered wallet API allowing cryptocurrency to natively be distributed inside of apps. This Wallet API doesn’t exist with Bitcoin, Ethereum, and other public blockchains.
An early look at the crypto economics underneath the Storecoin public blockchain. We’ll release our full economic model before our Second Token Sale scheduled for sometime in Late 2017.
Per “Fat Protocols Union Square Ventures: “This relationship between protocols and applications is reversed in the blockchain application stack. Value concentrates at the shared protocol layer and only a fraction of that value is distributed along at the applications layer. It’s a stack with “fat” protocols and “thin” applications.”
To learn more about Footprint, email the team
We expect to announce first members of The Storecoin Alliance by our Second Token Sale
We’re building relationships with future Storecoin validators now.
To scale Storecoin, our team is committed to minimizing on-chain data while maximizing off chain transactions. We’re also experimenting with new forms of cryptography for privacy inside of smart contracts — and eventually inside state channels.
The magic of the Storecoin is that it aligns incentives across all stakeholders to hold the token.
Storecoin will enable transactions in a smart contract to be private, public or both
Storecoin will enable unlimited levels of revenue sharing in unlimited directions.
Storecoin will introduce fully customizable, UI friendly smart contracts for hierarchy-based business systems
Using new cryptography and cryptoeconomics, Storecoin aims to do this with zero transaction fees to the sender and to the receiver.

Storecoin Team

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Storecoin is a zero-fee, high throughput, and decentralized cryptocurrency with a Governance of checks and balances.

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