hello folks you have reached the
cryptocurrency portal here on Thursday
October 17th just doing a little update
about the crypto space and today we
wanted to talk about pep coin this is by
PepsiCo now you can see from their
websites as good taste paise earn cash
back anytime you both buy specially
marked PepsiCo drinks and free lei
snacks now the reason why I want to
bring this up because it seems like
everybody is getting into Bloxx
box base space in general box chain
space and just crypto in general but
this specifically says beverage giant
pepsi launches pepp coin not based on
crypto Bitcoin or blockchain technology
so we like to acknowledge when a lot of
people out there in the space are
building more use cases but we don't
want this one to get I would just say
Kludd a cluttered with what is actually
going on so this is not based on crypto
Bitcoin or blockchain technology it says
the new york-based food snack and
beverage company pepsi has officially
launched pepp coin so you can see why
people could get confused the coin gives
anyone with the munchies a way to earn
10% cash back when buying chips and
drinks although the name and logo may
look like an attempt to capitalize on
the crypto craze pepp coin has no
relation to cryptocurrency or blockchain
technology it's a cash back loyalty
program that leverages venmo and PayPal
for on-demand mobile consumers says
Liane Sheraton who's the vice president
marketing at PayPal venmo and PayPal's
payments solutions provide the ability
for physical brands to engage with their
customers digitally while offering a
convenient way for consumers to redeem
and spend their cash rewards to earn
rewards snackers scan a code on the
bottle cap or bag and watch the cashback
flow under their pet coin account when
the amount hits $2 users can withdraw
directly into their venmo
or PayPal account Pepsi says people who
get rewards for purchasing more than 60
of its drinks and snacks including
Cheetos my favorite mountain dew
Aquafina Doritos and
like ruffles to pep coin launched about
a month ago and it's earned little
fanfare from the crypto community so I
mean he makes a good point here this
Richard Hart says cryptocurrency is
officially mainstream pepp coin now
again it's not cryptocurrency related
but it does get that message out and a
lot of just the average people won't
know the difference between it being a
cryptocurrency or not they'll see more
and more people getting involved so
that's funny
proof of salt network proof of sugar
Network you're a funny man saying we
just wanted to bring this up to the out
there to the cryptocurrency space and if
people will watch our channel just
because they're gonna start seeing
headlines that specifically says pep
coin is not based on crypto Bitcoin or
blockchain technology so thanks again
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