Rewards.com Blockchain Based Loyalty Platform

Loyalty programs are structured marketing strategies designed by merchants to encourage customers to continue to shop at or use the services of businesses associated with each program These programs exist covering most types of commerce, each one having varying features and rewards-schemes.

This program gives consumers rewards in the form of points that can be exchanged with other products or discounts for purchases of certain products. A study conducted by Colloquy Loyalty Census 2015 obtained astounding data. Data in the US shows a fantastic figure. 3.3 billion loyalty rewards are issued in the form of non-cash to consumers of various products and services.

But the value of rewards issued show consumers still looking for rewards that have added value. Consumers are disappointed because the loyalty of existing programs only to attract customers is not really true to give rewards.

The customer is not satisfied with the program’s loyalty or the rewards earned have no value. There are some things that make customers disappointed among them;

• Customers find it difficult to disburse rewards
• Customers’ reward can not be withdrawn in cash
• Many requirements to redeem point reward
• Redeem points in the form of lucky draws
• And some ways to redeem reward methods that make consumers frustrated.

A brilliant idea emerged to address the above problem. An idea that has a breakthrough in order to satisfy consumers with reward programs that provide the following advantages;

• Declining consumer engagement as demonstrated by unredeemed points.
• Increasing financial liability of unredeemed points.
• Growing consumer privacy challenges.
• Rising management and administrative costs.

Rewards.com With Decentralized Loyalty Platform

This is really a brilliant idea. Rewards.com combines blockchain technology with smart shoping programs to realize loyalty programs that add value to consumers.

Rewards.com is introducing a global marketplace that brings together over 100,000,000 products and 7,000 merchants, including restaurants, travel, entertainment, and retail. This marketplace will allow customers to earn and redeem, what we call RWRD tokens, at any participating merchant. We believe this solution will transform loyalty by taking cryptocurrency mainstream, building a healthy and strong token economy, and restoring true value to the consumer reward.( https://www.rewardstoken.io/wp-content/uploads/2018/05/White-Paper-2018-Rewards-final-1.pdf).

RWRD tokens are standard token ERC20, Token based on ethereum blockchain. RWRD tokens are rewards that have value due to stand-alone tokens or decentralized. The token can be withdrawn to the ethereum wallet and can be traded on exchangers. Consumers holding tokens will also get an added value from RWRD token price growth in the market.

In addition, consumers will have the opportunity to collect as many rewards as possible with various methods

1. Redeem Reward

This method is a reward obtained by consumers when making deposits and

shopping products at rewards.com

2. Bonus and promotion

There are promotional and refferral programs that can generate rewards

3. Customer voting pool

4. Early adopters

Company

Rewards.com is a leader and pioneer in consumer loyalty and rewards marketing. Rewards.com’s team has a proven track record of consumer engagement with years of experience in the design, development and management of complex loyalty and rewards programs.

Investment Plan

The planned soft cap for the ICO is set at 3,000 ETH with a hard cap of 75,000 ETH. Total token supply is 400,000,000 RWRD. 200,000,000 will be shared in the fund raising pool.Unsold tokens during ICO will be burnt. Investors are able to deposit BTC, ETH, DASH and LTC to participate ICO.

Visit the website to participate ;

Token Sale : https://www.rewardstoken.io/#token-sale

Website : http://rewardstoken.io/

Whitepaper : https://www.rewardstoken.io/#whitepaper

Telegram : https://t.me/joinchat/HnjHHk01ZN-R39eUe2VJZA

Twitter : https://twitter.com/Rewardsdotcom

Company : https://www.rewards.com/

Author : https://bitcointalk.org/index.php?action=profile;u=1077779