A peer that creates and funds Custom or Merchant quests, or funds pending Unfunded quests.

Creating quests with BCH, for businesses accepting BCH, closes one loop in our circular, purely peer-to-peer economy. Instead of converting BCH to fiat to afford legacy advertising, BCH-accepting businesses can spend BCH on advertising via PurelyPeer quests.

By hunting cashdrops, local community members are rewarded with BCH and knowledge where to go to unlock PurelyPeer Vaults, which attract more customers and increase sales. Using the vaults, these peers can buy any product or service they want, paying less, but the merchant receives the full amount invoiced!

In addition to promoting BCH all around the world, the quest creators receive a special NFT (quest NFT) whenever each of the cashdrops associated with their quest is found and collected. PurelyPeer has plans to use these NFTs for upcoming features in the app.

Anyone can hunt and collect cashdrops scattered around the world! Even quest creators can go after their own quests.

If you like running, use PurelyPeer as a scavenger hunt app that will make you explore new streets in your neighbourhood. How quickly can you collect all cashdrops you generated in your quest?

Thanks to BCH’s programmability, BCH is locked in cashdrops only for 13000 blocks, which is roughly 3 months. If no hunter finds that cashdrop before then, the locked BCH gets unlocked and automatically returned to the quest creator.

Collecting is the process when a user finds a cashdrop and receives BCH immediately. For Merchant quests, the collection process also includes receiving a PurelyPeer Vault

Unlocking is the process of redeeming the collected PurelyPeer Vault, while paying for a product or a service at the linked merchant.

The peer who has collected a PurelyPeer Vault can unlock it in any branch of the vault's linked merchant. By scanning a QR code and sending the vault to the merchant's Paytaca POS, extra BCH is unlocked.

Yes and no. No, a vault can only be unlocked at the merchant associated with the quest that created the cashdrop. But yes, it can be unlocked in any branch, if the merchant has multiple branches and one single verified profile in the Paytaca POS.

Traditional coupons provide discounts and reduce invoiced amounts. Customers end up paying less because of the coupon discount. Less economic value is exchanged, immediate merchant revenue is lowered, and it is difficult to plan cashflow ahead (not knowing when and how many coupons will be redeemed). Additionally, when used in the printed form, traditional coupons have upfront production and distribution costs.

PurelyPeer Vaults do not provide discounts and keep the original invoiced amount. The customer ends up paying the same amount but they spend less because they unlock extra BCH from the collected PurelyPeer Vaults. Merchants get the same revenue as when other payment methods are used. No value exchanged is lost, immediate merchant revenue is not lowered, and it is easier to plan cashflow ahead (not having to wonder when and how many PurelyPeer Vaults will be unlocked). Additionally, there are no production and distribution costs other than the quest creation, which may be considered a part of the merchants' general marketing budget.

Yes and no. No, you will not get the change directly into your wallet. However, yes, the PurelyPeer vault NFT under your control will receive the change. You will be able to use the same vault again, or trade it with someone.

At the moment, only 1 PurelyPeer Vault can be used per 1 transaction at the given Merchant.

The app has to distribute the funds to each individual cashdrop within the quest. The higher the number of cashdrops a peer choses for a quest, the longer it would take to make the quest visible and presented as active.

No, because we want to prevent dishonest peers from spoofing their location. However, the Create a Quest and Fund a Quest modes will soon be made available on this website, both of which will allow payments to a QR code.