Tagcoin is a cryptocurrency issued by Tagbond, a company specializing in customized marketing and rewards plans for businesses. The company created Tagcoin as a cryptocurrency targeted toward loyalty and rewards programs. Once in circulation, the currency can be used even independently from these programs or their users. It also advertises the benefit of earning 1.5% interest on holdings. The company touts the currency as a more fair, sustainable and transparent mode of trade versus other digital currencies.
As of April 2014, use cases of Tagcoins as a reward currency have been limited, but Philippine based Tagbond continues to slowly increase brand awareness of the product as they promote other reward based products to clients.
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