Rewardstoken.io is a total game changer in how we shop across the world.
Rewards.com is predicted to be the next darling of crypto utilizing blockchain technology. Rewards is a total game changer in how we shop across the world.
There is a newcomer that is shaking up the loyalty and rewards industry. I am sure you have all heard of Rewards. Rewards just announced that they are putting loyalty and rewards on the blockchain causing a massive disruption in the industry. There is an estimated 300 billion dollars in loyalty points issued each year worldwide. The are distributed through centralized programs and siloed earning opportunities. Rewards decentralized approach made it easy for customers to shop and earn RWRD tokens at one store like Walmart and in turn, use their RWRD for a flight, dinner, or shoes. Now isn’t this just what we have all been waiting for? The immense reach Rewards makes, will transform into a financial empire and a household name.
Rewards is transforming how shopping, AI, and member information is being used. The Rewards team had an “Aha” moment after reviewing the use of blockchain technology. They realized they could decentralize the database which drives consumer engagement, give consumers control of their data, enable protocols which allows the consumer community to vote, and tokenize the point. This is a win-win for businesses and members. Rewards is giving control back to the members. Members can decide how and when they want to share their information. In light of the Senate hearings with Facebook founder, Mark Zuckerberg, Rewards is giving control back to the members, so they can choose which stores see their information and how the information is being used. Rewards believes that TRUE LOYALTY is reciprocal. Like any good relationship — trust, communication, and transparency must flow both ways and blockchain is the perfect tool to make this happen.
Their goal is to take cryptocurrency mainstream making it easy for customers to transact with cash or RWRD token. Rewards already have established relationships with merchants including Walmart, Sephora, Macy’s , HomeDepot, Groupon, and many more. The ease of use allows members to shop online or in-store earn or use their RWRD tokens immediately. The mobile app is similar to using mobile payment. You simply select whether you want to pay with a card or pay with RWRD tokens.
Rewards will make members rethink the way they earn reward points. Rewards decentralized blockchain, has created a universal Rewards token (RWRD token) that can be used in the Rewards Global Marketplace. The Marketplace brings together over 100,000,000+ products and 7,000 existing merchant relationships with restaurants, services, electronics, travel, tickets, fashion, music and more from all the major brands large and small.
One of the key advantages of RWRD tokens is that they are not “burned” and do not disappear when redeemed for products or services. When a consumer redeems RWRD tokens, Rewards.com converts the token value into fiat to pay the sponsoring program or merchant. In turn, Rewards.com re-issues the redeemed tokens to consumers in conjunction with new consumer earnings for purchases, contests, and surveys. RWRD tokens never expire or cease to exist, but instead remain in circulation through the continuous and infinite earnings and redemption cycle. This substantial mega revenue model can be done without being at the expense of its members, unlike Facebook and Amazon.
Rewards.com is the genesis program for Rewards Blockchain LTD and runs on ERC20. In phase 2, Rewards will launch their own blockchain which can be extended to businesses. Businesses utilizing the Rewards base protocol will benefit in the following:
• Reduced management expense
• Full brand control
• Consumer data management
• Consumer engagement and marketing
• Underlying RWRD token value
Businesses can utilize the protocol for managing consumer data to comply with anti-spam legislation.
The Rewards economy is a stable and healthy ecosystem. There is a stabilizing process between the two distinct ecosystems: The Rewards shopping economy and the market. In the business cycle, shopping spends and token contribution lead to economic stabilization.
Welcome the darling of crypto! You too can still get in on the action! To learn more about Rewards visit: Rewardstoken.io
