As I am still a newbie at the crypto game, this may be a stupid question but here goes. How come Companies with existing Reward Platforms (such as Airlines, Grocery Stores, and Credit Cards) are not transitioning to their own Crypto based incentive programs?
I think crypto has huge potential in this “Rewards” space. For instance if I knew that for every USD that I spend at Walmart would earn me a “WalCoin” and I could use my “WalCoin” to trade, transfer to others, or purchase additional Walmart products, I would certainly increase my spend with them. It would also provide people that are curious about crypto but afraid to jump in with “real money” an avenue for them to become more familiar with the process.
May be I am wrong but the earlier that these big companies learn how to benefit from the crypto frenzy the more profitable they will become.
Thoughts?