Series: Popular Loyalty Programs for Web3 Products, Daily Rewards (2/4) 🧵
It’s no secret that the world is turning to web3 developments when it comes to innovative strategies in the field of customer loyalty. The open and standardized nature of web3 assets makes it the ideal infrastructure for building your brand and rewarding your customers with valuable digital assets.
As companies create affordable software products that enable brands to easily enter the world of web3 and begin building their brand, those with the resources to develop their own have already done so.
Let’s take a look at a few of these and their best practices!
CoinGecko 🦎
CoinGecko is a cryptocurrency data aggregator that provides real-time market data, price charts, and information on thousands of cryptocurrencies. Its unique ranking algorithm takes into account factors beyond market cap, offering features such as a coin “scorecard” and a “trust score” for exchanges. CoinGecko strives to be the most user-friendly and comprehensive cryptocurrency data platform in the market.
Daily Rewards 📅
CoinGecko has a feature called “Candies” that users can earn by performing certain actions on the platform. Similar to CoinMarketCap you are able to collect more candy by returning to the platform on a daily basis. This feature drives retention metrics and is proven to increase the time users spend on your platform.
Have a look at our users guide to learn how to benefit from THX daily rewards in your loyalty widget and increase the retention of your users:
https://docs.thx.network/user-guides/daily-rewards
Exchanging Rewards 💱
Users can redeem their Gecko Candies for rewards such as discounts, exclusive content, or entries into giveaways.
In 2022, CoinGecko launched a special NFT for Candy collectors, which was used as a credential in a GALXE campaign. The use of NFTs for the purpose of granting access to exclusive experiences is becoming increasingly common across the web and serves as a valuable asset to generate exclusivity.
THX Network Feature: Collectible NFTs as perks 💝
With THX Network, you can easily import existing NFT collections or create new ones in our no-code dashboard. Use these NFTs to create special perks for your audience to redeem with their hard-earned points.
Check out our user guide to learn how to create NFT perks for your audience to redeem in your loyalty widget:
https://docs.thx.network/user-guides/perks/nft-perks
THX Network Feature: Daily Rewards 📅
As seen in the CoinGecko best practice, daily rewards are a powerful tool for boosting user retention and interaction frequency and recency.
Dashboard Configuration
To create a daily reward, you only need to configure its card title, description, and the point amount that a claiming user can earn.
Widget Appearance
You can personalize the reward title and description, and a countdown timer will appear based on the user’s last claim. This timer counts down to the moment when the user is allowed to claim the reward again.
Have a look at our users guide to learn how to benefit from THX daily rewards in your loyalty widget and increase the retention of your users:
https://docs.thx.network/user-guides/daily-rewards
About THX Network 🤜🤛
When receiving something nice, the logical reply is “thanks”!
Our team believes that in ten years’ time, having digital assets such as NFTs will be as common as having a website. We are making this future possible for everyone by offering you token-powered marketing solutions that can be embedded in 30 minutes or less.
Book a live demo 📅
If you’re interested in what THX Network can do for you or your organization, schedule a demo with our cofounder Steffen.
Let’s meet in our communities
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Get the $THX token
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Other resources
Developer docs 📋
Code on Github 🛠️
Audit report 🕵️
