https://www.rewardstoken.io/

Rewards.com is introducing a global marketplace that brings together over 100,000,000 products and 7,000 merchants, including restaurants, travel, entertainment and retail. This marketplace will allow customers to earn and redeem, what we call RWRD tokens, at any participating merchant or be traded on the exchanges. We believe this solution will transform loyalty by taking cryptocurrency mainstream, building a healthy and strong token economy and restoring true value to the consumer reward.

We are an established leader in consumer loyalty and rewards marketing and we are expanding our presence by creating a universal loyalty program powered by blockchain technology. The mission of this new program is to take cryptocurrency mainstream and give the power of loyalty back to the customer.

PROBLEM / SOLUTION

Imagine a loyalty solution that has all the advantages and none of the drawbacks of a traditional rewards program. At Rewards.com we have made that dream a reality by creating an innovative solution through the use of blockchain technology to introduce cryptocurrency to the mass consumer market.

BLOCKCHAIN AS A POTENTIAL SOLUTION

We believe that by leveraging cryptocurrency and blockchain technology we can completely transform the loyalty industry by replacing traditional point programs with cryptocurrency decentralized applications (dapps) to increase consumer engagement, enhance security, reduce costs, and provide a better customer experience.

Rewards.com is creating a global marketplace, which we expect to achieve mass consumer adoption while at the same time provide the benefits of a decentralized platform. The marketplace is a loyalty ecosystem that allows consumers to earn and redeem a universal loyalty token. We call this a Rewards Token (RWRD) for consumers to earn and use worldwide. A RWRD Token will allow Rewards members to earn or redeem RWRD tokens witha partner merchant either online or in store.. These merchants include the world’s largest brands: Jet.com, Groupon, Expedia, Nike, Kohl’s, Gap, Lowe’s, Walmart, Macy’s, HomeDepot, and 7,000 other brands. Finally, decentralized voting contracts that can release new RWRD tokens into the market based on community proposals can democratize and drive community participation in loyalty programs.

TECHNOLOGY

UNDERSTANDING REWARDS & LOYALTY PROGRAMS

Critical to any business is customer retention, increasing engagement, and customer satisfaction. The cost of maintaining a customeris 7 times lowerthan the cost of acquiring a new customer[1]. Loyalty programs are a great mechanism for keeping customers engaged with a business by creating relationships through rewards and incentives. In turn, this boosts the company’s sales, increases the brand awareness, and provides data for behavior analysis. Loyalty programs can be thought of as not only consumer engagement mechanisms, but also as testing platform. Providing exclusive deals through tactical and well controlled programs allows businesses to observe the circumstances which increase customer spend. This in turn allows the merchants to make better decisions in developing their business.

ARCHITECTURE | CONT.

TOKEN APP

The RWRD token contract will implement the ERC20 token interface with additional features: namely, in addition to the standard functionality, the RWRD token will be able to report an address’ balance as of a certain block, and will allow the ICO contract to pcrohibit certain transactions while the ICO is ongoing.

The token contract will contain a total supply of 1 billion RWRD. A percentage of the tokens will be distributed to token purchasers, bug bounties, advisors and team members; the remaining tokens will be maintained by the Community Voting and Bonus and Promotions Contracts. The initial distribution of tokens will be done through the deployment of the smart contract by Rewards.com. The tokens to be distributed will be sold through a multi-stage token distribution event as part of the launch of the Rewards.com program for each planned country until four hundred million tokens are distributed.

CLIENT INTEGRATION

ONLINE PORTAL

The Rewards.com online portal will act as an interface for users to shop and manage their tokens. This allows users to enjoy the luxury of shopping online at discounted rates at thousands of merchants. The token management portion of the portal will act in a similar way to Coinbase, a popular online cryptocurrency exchange. Users will not be burdened to control their own private keys but rather will rely on Rewards.com to secure the user’s tokens. If users so choose they will have the ability to transfer RWRD to their own personal wallet outside the Rewards.com ecosystem.

MOBILE APP

The mobile application will allow Rewards.com to extend the functionality that exists with the online portal. The mobile application will facilitate in-store point of sale transactions using RWRD tokens. While using the mobile application in store, users will select the merchant they are purchasing from and the amount of the purchase which will generate a barcode that the merchant can scan. The user will also be able to earn RWRD in store by paying with a credit card saved in the mobile app.

TOKEN SALE

ROAD MAP

More Information :

Website : https://www.rewardstoken.io/
Telegram : https://t.me/rewardstoken
Github : https://github.com/LoyaltyRewards
Reddit : https://www.reddit.com/r/RewardsToken/
Medium : https://medium.com/@RewardsToken
Whitepaper : https://us.rewardstoken.io/wp-content/uploads/2018/07/White-Paper-2018-technical-A.pdf

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