Action Coin Updates

Nicholas Morley
2 min readNov 22, 2020

Action Coin Marketplace Changes

The base currency of the Action Coin Marketplace will be converted to US Dollars (USD) on January 15th, 2021. Following this fundamental change, Action Coin collectors will be able to use their ACTN to obtain a 5% minimum discount on the products and services offered there. The remaining balance, if any, will be payable in fiat, Bitcoin, Ethereum, Litecoin or Bitcoin Cash.

Action Coin Associate Membership

The Action Coin Brand Ambassador Program was officially terminated on November 1st, 2020. It has been replaced with the all new Action Coin Sales Associate Membership; a business opportunity that is now being made available to all ACTN collectors for a one-time fee of 1,000 ACTN.

An Action Coin Associate Membership provides hard working individuals with a real world business opportunity featuring passive income potential. Personally help local businesses sell their products and services online safely and securely, all while earning 25%-45% of the vendor service fees (including recurring fees), as well as 2% of any sales that your vendors make through our online marketplaces.

Learn More: https://actioncoin.com/rewards/associate-membership/

Updated KYC Process

Blockpass has been selected to handle all of our KYC/AML screening requirements. Blockpass is a fast, fully comprehensive KYC & AML screening software-as-a-service for Crypto, Defi and other regulated industries. They cover more than 4600 document types from 195 countries.

Action Coin Sales Associates and Vendors must complete the new KYC process before receiving the “Action Verified” badge and status.

Thank you for your time!

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Nicholas Morley

I've built various technology businesses over the past 28 years. From a stock photo agency to a web hosting/dev. business. Now building a blockchain company.