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The Suite uses blockchain technology to decentralize the structure of Bonus cards and is a new generation of blockchain-based loyalty programs. The Suite is a platform through which users can accumulate bonus points on one account, thereby simplifying the process of accumulating these points and there is no need to use a large number of Bonus cards.
On the platform, you can receive goods, request gift
cards of such basic online services (Amazon, Playstation, etc.), pay medical bills (national dentists). You can even make a request to exchange points for fiat money and transfer them to your bank account using a bank transfer.
The basis of the project as a whole is the FidelitySuite platform. FidelitySuite is a loyalty management platform that allows customers to collect and convert the bonuses of partner companies registered on the platform into various services and money using only SuiteCredits (SCT) and STK token.
STK is a platform token with which trading is possible on centralized and decentralized exchanges.
SCT or SuiteCredits is the internal currency of the platform with a fixed value. Its functionality includes the exchange, storage and use of points. It is not intended for trading on exchanges.
The STK token can be used in conjunction with SuiteCredits if the volume is not enough to cover the cost of services. For example, if the user's SCT balance is less than the required value, the services he wants to receive, then you can spend part of STK to cover the required amount.
FidelitySuite is a platform where it will be feasible to build up commitment factors from shops and adherent hypermarkets (without the necessity of having several cards) and to convert them right into solutions or loan through the SuiteCredits (STC) and the token (STK). STK: it is the Collection crypto official currecy. It will certainly be possible to sell exchanges, the listing contracts remain in progression and also, anyway it will be feasible to trade on decentralized exchanges. STK will be entitled to the routine airdrop of SCT. SCT: they are the factors accumulated and exchanged amongst the various individuals of the FidelitySuite system. They will not be noted in exchange and will have a pre-established unit value. They will certainly allow the accessibility to the solutions supplied by the FidelitySuite system.
Their primary objective is to Boost the purchasing power of the user by carrying out activities of day-to-day live (in a single collection of loyalty factors) to get monetary benefits and also accessibility to the ask for services that are not presently guaranteed by the factors collections and also integrity cards in blood circulation. To permit small operators as well as large distribution chains a much better loyalty solution, through the accessibility to bigger prizes magazines as well as feasible increase of customers thanks to events and efforts organized by Collection. On top of that, the purpose is to provide the financiers throughout the ICO stage, the opportunity to get immediately and also at lower costs among the anticipated conditions (platinum, gold, silver). Those will assure the possibility of participating in exclusive events arranged by Collection with extraction of prizes and complimentary stays.
The solution is resorted to all the users, small companies and also big retail chains that daily accumulate or disperse loyalty factors by using the fidelity cards. The job will certainly prolong the SCT collection to all citizens who currently do not get involved to point collections but will begin to accumulate them in order to convert them in financial benefits with actions of day-to-day live. This aspect will certainly bring only an increase of consumers to all the local business and also large circulation chains that will certainly wish to join the Integrity Collection system. The fidelity cards and the cash back sensations are in outright development all over the world, and also the constant appearance of brand-new companies in this industry verifies the public passion.
The heart of the system and also of the whole FidelitySuite system is the SuiteCredits. The SuiteCredit collection system, intends to merge all opportunities of build-up of prizes and bonuses from the international market as its best goal. They will have an unalterable value, to make certain security in the management of sales as well as purchases and one greater association. The company is frequently looking for companions and associates to enable the registered users to accumulate credits with a lot of the day-to-day procedures and also to use them with global critical companions running in all the sectors of public and also private usage. To be able to take care of a platform capable to understand all the buildup actions and also its solutions, a protected system at an IT level however basic in its usage is called for.
Advantages
If we talk about the benefits of The Suite, they are quite a lot. First, this platform will open access to such innovative services that were previously unavailable in the market of traditional loyalty programs. Secondly, the simplicity and ease of use of the application itself will contribute to the development and further adoption of cryptocurrencies themselves as payment for certain services. Third, anyone who wants a project that is developed on the blockchain will be able to join The Suite to provide its services to the user and reward him with additional points of the client. And, fourth, The Suite due to its hybrid system, which is able not only to combine the two tokens STK and SCT, but also to ensure their stability on the exchange, as well as to investors and other crypto users.
Thus, we see that The Suite is able to provide a reliable and cost-effective infrastructure for both its commercial customers and their users.
details of the ICO
As you have already noticed, two tokens will be presented on the platform: STK (this is the official coin of the project, with the help of which all possible conversions and exchanges of other cryptocurrencies will take place on STK and back). And the second token SCT (with which the user will be able to make partial or full payment for a Bank loan, redemption or any other Bank transfer, specifying their details and account. Also it is easy to include the acquisition of any coupons from different online stores, and many other things). All this you will be able to study in more detail in The white paper of the project, so I do not see the point now to pay too much attention to this.
As for the other details regarding the tokens, the founders personally invested the initial investment in the development of the concept. Now that the project has reached the second stage of development, the developers intend to raise the necessary funds for the further development and launch of the Suite system through public sales. To do this, they are ready to allocate 1 billion coins STK.
In total, there will be three stages of sales, each of which will be accompanied by its own terms of participation and discount system available in a specific period of time.
Conclusion
To be honest, The Suite is probably one of the best offers lately. After all, its concept is able to involve not only a huge number of shops, cafes, bars, but also a number of other organizations that are ready to offer us a pleasant loyalty program. Which will be available not only all in one place, but all over the world. Today, for example, you get points for shopping in the store, tomorrow you have the opportunity to pay the same points in a restaurant, another city or country. I think this is really cool, especially since it is very convenient that everything is concentrated in one place and has a decentralized nature, which means that we have access to all operations, making them transparent and safe.
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