Topcoin ("TPC") is the world’s only crypto-currency designed specifically for digital goods loyalty programs. Consumers are rewarded TPC for domain name purchases made at partner companies in the TPC ecosystem, and those companies in turn accept up to half the purchase price of new domain name registrations in Topcoin at a value of $1 per TPC. The closest "real-world" analogy to TPC is frequent flyer miles, except that TPC may be used across a broad range of product classes and are easily exchanged for other currencies.
Technically speaking, Topcoin is a "Counterparty user-defined asset", and as such is backed by the Bitcoin blockchain and managed via the Counterparty Open Source Protocol. Topcoin addresses look exactly like Bitcoin addresses, and work the same way. Just like BTC, “TPC” has a fixed supply, is digital, fungible, anonymous, and cannot be counterfeited.
Three billion (3,000,000,000) Topcoin were issued as a divisible (up to 8 decimal places, like bitcoin) and locked (no more may ever be created) asset on September 22nd, 2014. Topcoin may not be recalled by the issuer.
Topcoin is currently allocated as follows:
1. 500,000,000 will be rewarded for new TLD purchases by partner registries.
2. 1,500,000,000 will be distributed to expand the TPC ecosystem.
3. 1,000,000,000 will be held by Topcoin, LLC for future use.
The easiest way to get Topcoin is simply by making a new domain name purchase at Uniregistry.com or the Rightside.co platinum domain platform ... afterwards you will receive an email with instructions for how to claim your TPC reward. More domain name registrars that offer TPC as a reward for new purchases are being added weekly! You can also buy TPC directly at topcoin.com or via the counterparty distributed exchange at counterparty.
Topcoin is accepted by both Uniregistry.com and Rightside.co platinum domains for up to half the value of any new domain name registration, at a fixed exchange rate of $1 per TPC. More domain name registrars and other merchants that accept Topcoin are also constantly coming online! You can also sell your TPC directly at Topcoin.com or via the counterparty distributed exchange at counterpary.co.
Topcoin offers a simple merchant API, please contact us at [email protected] for more details! If you’re (very) technically inclined, you could always use the counterparty daemon directly, at https://github.com/CounterpartyXCP/counterpartyd/blob/master/docs/API.rst