|24h Low / 24h High||N/A / N/A|
|Ath Date||2016-07-10 (almost 2 years)|
|#||Exchange||Pair||Price||24h Volume||Volume %|
RibbitRewards are reward credits that will be tracked using a Bitcoin-derived blockchain. This gives RibbitRewards transaction abilities which typically are not possible with other rewards systems. Users will be able to exchange RibbitRewards into goods and services, as well as virtual or fiat currencies, without the involvement of Ribbit.me Furthermore, the value of RBR should “float” depending on the purchasing behavior of its holders.
Relative to Bitcoin, RibbitRewards tracks the existence of external events (specifically, purchases on market-places), and thus is not envisioned so much as a “currency”, though it can be used as such if its value is supported by the corresponding economic activity. Rather the RibbitRewards blockchain is a ledger of account for completed purchases.