Our line-up of highly esteemed clients just keeps on getting better and better. We’re proud to announce that we have now teamed up with Gabrotech, a blockchain-based “open-loop and decentralized” loyalty program.
Gabrotech links up thousands of reward programs in an open-loop decentralized ecosystem, providing instant redemption and exchange capabilities across multiple loyalty point programs or currencies. As a result, customers would only need to use one Gabrotech wallet to manage all of their rewards programs and freely convert their points or they can simply share their points with millions of other users in the platform by using their ERC20 token, GBO.
Gabrotech’s token sales have commenced and will last until 30th September, 2018.
How will the trade.io community benefit from Gabrotech?
Community members can benefit from a exclusive 5% bonus on top of Gabrotech’s public bonus structure.
How it works:
- Purchase GBO tokens from https://gabrotech.io
- Fill out the TIO bonus form to enjoy the additional 5% bonus: https://goo.gl/forms/ssk5fLoM6wvDJjCR2
Purchased tokens will be distributed after the end of the public sale. The 5% additional bonus tokens will only be distributed 2 weeks after the end of the crowdsale.
Note: The 5% bonus will only be applicable for participants who purchase GBO tokens during the crowdsale, GabroTech will cross check all details on the back end.
Seed & Venture
An investment of 2 million USD in Gabrotech has been made through our highly attractive Seed & Venture fund. Gabrotech stands to gain considerable market share of a 500 billion USD per year industry.
Airdrops
In the near future, TIO holders will be able to benefit from an upcoming airdrop of GBO tokens.
Why did we team up with Gabrotech?
We decided to collaborate with Gabrotech as we see a huge potential in an industry that has been crying out for change.
The millions of loyalty customers from Gabrotech could also potentially bring a large attraction from retail investors to trade in our new innovative exchange; bringing further liquidity to Gabrotech.
Key facts about the loyalty program industry and Gabrotech:
- The loyalty rewards program is worth an estimated 500 billion USD per year.
- Gabrotech has accumulated data from surveys that show 78% of consumers are unhappy with their loyalty programs.
- As little as 10% of rewards points are currently being redeemed, depending on the sector. This is a major pain-point for Loyalty Program Operators (LPO).
- Gabrotech’s solution eliminates the need for multiple rewards systems, accounts and passwords.
- The platform allows for easy tracking and verification of tokens being traded or used with an ecosystem that connects multiple LPOs, merchants, institutional buyers, and customers with a digital asset (GBO token) that covers these bases.
- Allows customers to consolidate their rewards points from several programs into one.
Key Gabrotech platform features:
- Gabrotech digital wallet: This gives users the convenience of managing an array of different loyalty programs and reward points. Built into the Gabrotech Digital Wallet are state-of-the-art security features to help protect transactions via several means: biometric, facial recognition, passcode access and pattern-recognition.
- Gabrotech token utility: GBO will be at core of the merchant’s reward ecosystem. It is necessary to obtain GBO in order to gain access to the services on the Gabrotech ecosystem. For merchants, it serves as a payment mechanism. For users, it serves as a way to unlock special discounts and to exchange reward points or merchant tokens.
- Gabrotech prepaid card: Users can top up with spare reward points to spend on assets in over 200 countries and 60 million outlets. Gabrotech aims to achieve this through partnership with a leading global payment-services provider, which will be announced in the future.
- Multi-currency conversion engine: MCCE is a protocol system that utilizes the trade.io liquidity pool. The platform rapidly converts any supported blockchain asset to the appropriate fiat currency at market value in real-time.
- O2O analytics platform: For merchants, Gabrotech’s O2O analytics platform provides insights on customer trends and preferences, while the execution platform provides personalized digital channels through which to issue branded merchant tokens. Relevant offers could be targeted through the platform based on past transactions with Gabrotech and the merchant.
- Loyalty central: This is a loyalty rewards platform that allows users to convert idle points from one brand or program to another. In addition to redeeming rewards, consumers can exchange GBO for reward points with other merchants.
trade.io’s CEO Jim Preissler commented on the collaboration, “TIO sees massive potential in Gabrotech as it is poised to disrupt the loyalty and rewards industry with a decentralized, personalized reward program through its multi-cryptocurrency wallet and crypto debit card.
“We are thrilled to be working alongside them and believe the collaboration will benefit both parties. We look forward to launching our airdrop campaign with Gabrotech in the near future.”
Gabrotech’s Chairman Andy, P.K. Chen also commented, “We are really excited to have trade.io’s full support and to work alongside the multi-talented team. We are ready to take our program to the next level with trade.io’s extensive network, and vast experience in the industry.”
About trade.io
trade.io is a next-generation financial institution based on blockchain technology, providing the ultimate in security and transparency. By leveraging decades of experience in the investment banking, trading & FinTech sectors, and combining them with the power and transparency of the distributed ledger, trade.io has created a truly unique exchange that will revolutionize asset trading and investment banking.
For more information on the trade.io ICO Consultancy Services contact consulting@trade.io
About Gabrotech
Gabrotech is a blockchain-based loyalty and rewards platform which creates an open-loop decentralized ecosystem, handing back control to the customers. Customers would only need to use one Gabro wallet to manage all their rewards programs and freely convert their points to one program, transfer points to another, or trade it with millions of other users on the platform using the ERC20 token, GBO.
