What is loyal coin ?
LoyalCoin is a project that will be replacing existing loyalty program with blockchain technology. This type of project is definitely not the first but such kind of project is the first one sponsored by NEM .
What are their plans ?
They Focus on digital loyalty. Through their customizable digital rewards programs, companies were able to offer incentives such as coupons, freebies, promos, as well as points and token-based digital assets that encourage customer loyalty and continued business .
They are also building a coalition of companies and merchants that support the omnichannel ideal of customer loyalty. These forward-looking enterprises will support the issuance of LoyalCoin, replacing their conventional points systems. These companies will also enable the use of LoyalCoin earned from a coalition participant on other merchants in the coalition .
What makes LoyalCoin unique ?
IS That their platform gives more flexibility to not only the merchant but also to the consumer,” Patrick Palacios, founder and CEO of Appsolutely, said in a statement. “Not only can you use your points anywhere, but you also have the option of converting them to Bitcoin or Ethereum, which other loyalty programs cannot offer .
platform for universal loyalty, LoyalCoin enables all brands and merchants to get onboarded on our plug-and-play system. A brand can sign up for the LoyalCoalition, enter into a deal with LoyalCoin for a certain supply of LoyalCoins, and modify its rewards earning and redemption mechanics in real time through a merchant-facing app. With this system, brands can participate in the loyalty economy.
- loyalty rewards occur when a merchant takes payment in LoyalCoin. All participating merchants will be required to accept LoyalCoin payment for some or all of their products or services. All of the payments and rewards earned or spent are recorded in our database .
They have an active team also they have had a very successful ICO , Now they are traded in exchanges .
Although loyalty rewards occur when a merchant takes payment in LoyalCoin , But you can also have loyalty rewards from their bounty . Check it Now and do not miss it
Bounty Program
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