SlutCoin (SLUT)

The SlutCoin project is a utility token designed to stop chargebacks or friendly fraud and lower the high merchant costs associated with processing creditcards or debit cards. The platform acts as a third party utility to customers who want to purchase products or services from a merchant. Upon accepting the token transfer from the customer, the merchant can validate the settled transaction, provide the products or services to the customer without risk of a future chargeback. The utility token project provides minimal cost per transaction versus the traditional high cost processing associated with some business SIC/MCC codes, ranging from 10.99% to 20.99% plus up to a $10.00 per transaction fee. (The price of SlutCoin is $0.00496)