Introduction
Loyalty and rewards business has matured into a completely fledged business which might be presently divided into categories; in-house rewards system and External agency rewards system. The prime motivation for any task for persons is that the reward. Individuals have confidence it in several activities of their existence within the case of in-house rewards management for an organization, the selection is infinite and it's up to the community to make a decision the longer term.
There are multiple challenges within the business of loyalty and rewards, cherish growing liabilities, increase in operational prices and system inefficiencies. The second class includes taking facilitate from associate external agency that guides the corporate towards economical loyalty and rewards management.
Loyalty Business
The loyalty program is obtaining a lot of difficult with several choices to earn and exchange in several currencies. There are several varieties of rewards. Such as, banks can give money; airlines will give points, whereas retailers will give each money and points. Businesses seeking the acquisition of rewards programs face even a lot of challenges with increasing shopper privacy issues and rising management prices. Moreover, shopper participation is decreasing thanks to unused points.
Thus several programs have very little worth resulting in fragmentation and as a result a substantial quantity of rewards isn’t changed. The situation becomes a lot of complicated for the client to understand verity worth once every program has a dynamic set of rules. It’s laborious for anyone to accumulate enough rewards to attain a beautiful redemption. If a loyalty resolution that has all the advantages with none limitation is made, it'll be a game changer.
Creators believe they will create this dream come back true with the facility of blockchain. So as to succeed in their goal, the creators of rewards can introduce a simple path of learning. This may be wont to educate customers regarding the advantages of keeping the reward by word.
Solution Offered
REWARDS is that the latest platform to affix the system of blockchain technology. It builds a bridge from blockchain technology to the rewards and loyalty world. It creates a marketplace for all the shoppers and also the merchants wherever they will directly move with one another. Users can buy on the website. The points given on the platform are in kind of crypto-currency tokens and points which might be saved on varied alternative websites.
Variant product is created accessible on the platform, and merchants directly reward the shoppers. A mobile app is offered for the users, and lots of established merchants can integrate the services offered by the platform. Tokens and points attained on the platform may be reutilized for the acquisition of product on the website.
ICO Information
The 40% of the overall tokens are reserved for the token sale. The RWRD Token sale is presently continued to exit the platform. Funds are utilized for the event and selling of the platform.
• SYMBOL - RWRD
• Total supply - 1,000,000,000
• ICO supply - 400,000,000
• Price - $0.35
• Start Date - 15th April 2018
• End Date - 26th May 2018
• Soft Cap - $1,500,000
• Accepted Currencies - BTC, ETH, LTC, DASH
• Pre-Sale Min investment - $100
Benefits Of RWRD Token
With the new mechanism, Rewards Token offers the subsequent benefits:
•Customers will receive any discounts they receive while not having to raise and negotiate resembling PayPal.
•Connected to over a hundred million merchandise and 7,000 vendors, as well as edifice travel services.
Unlike ancient location programs, the RWRD token doesn't get away once modified. Once a shopper converts the RWRD token, Rewards.com can convert the token worth into rescript to acquire the program or trafficker funding. During this means, the RWRD token doesn't expire or terminate, however instead remains circulated through continuous and infinite financial gain and acquisition cycles.
This marketplace can enable customers to earn and redeem what we tend to decision RWRD tokens, at any collaborating bourgeois or be listed on the exchanges. This resolution can remodel loyalty by taking crypto-currency thought, building a healthy and powerful behavior modification and restoring true worth to the patron reward.
Team
The team acting on the platform is practiced and committed.
Conclusion
In an exceedingly one in every core part of reward system is providing true price to the shoppers in a method during which the customer is appreciated and valued. A business offers rewards to its loyal customers to take care of a semi-permanent relationship. Coupons, discounts, and bonuses are solely a couple of the various sorts of schemes that companies use to take care of their client base. The class and selection of presenting rewards system have drastically modified over the years. The worldwide shopper believes within the loyalty and rewards.
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For More Information Please Visit:
Website: https://www.rewardstoken.io/
Whitepaper: https://www.rewardstoken.io/wp-content/uploads/2018/05/White-Paper-2018-Rewards-final-1.pdf
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