takecoin: definition, utility and description
takecoin [ticker: TAKE], a utility token, the official cryptocurrency of its native marketplace "take" (take-cashback.com) offers the ability to pay using a smartphone and get cash-back instantly from a wide range of businesses (mainly local offline businesses such as coffee shops, restaurants, apparel stores, gas stations, etc....).
take, a marketplace where you can find several local businesses offering interesting cash-backs; you can pay for your next meal and get cash-back right after paying with the app. Users of the "take" app have the freedom to choose either to pay using fiat, crypto, or takecoin. Users who pay using takecoin will always get a higher cash-back rate. Depending on the number of coins a user holds, the rate will go to higher tiers.