TI Rating Report: CouponBay

Established in October 2021, CouponBay is a mobile voucher exchange platform on Ethereum, aiming to enhance the reliability of verification and transactions of mobile exchange tickets. It is the subsidiary of Giftletter, a company that issues mobile coupons for 320 brands and 8,000 products as of July 2022. CouponBay and Giftletter can create a strategic synergy in that Giftletter are in charge of issuing and processing mobile exchange tickets, and CouponBay is responsible for developing various ecosystems and platforms for distribution and user convenience.

As of Aug 2022, CouponBay has already launched the coupon lookup service, and opened the coupon web store. Also, the coupon website mobile app is under development.

$CUP is the native token of CouponBay that is deployed on Ethereum and functions as the payment and reward method in the ecosystem. It is listed on MEXC Global and Gate.io.

TokenInsight gives CouponBay a rating of CCC, with a stable outlook.