Transforming loyalty by putting cryptocurrency in the hands of the world
Token symbol
Start Date
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Smart contract blockchain
Team:
Michael Shepherd - VP of Marketing
Reuben Godfrey - European Operations Manager
Jeremy Rowan - Community Manager
Pramod Kumar - Full Stack Developer
Humdan Bakhshi - Blockchain Developer
Crypto Hound - Crypto Influencer
Tommy Estrada - Digital Content
Felicia Marquez - Digital & Marketing Strategist
Samuel Bohon - Graphic Designer
Shelly Schumacher - Administration
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.
Expert Review
The idea behind Rewards Token is rather simply and the name is quite self-explanatory. The platform is made out of 3 main components; the core platform, the blockchain and an authentication scheme. Consumers can earn RWRD tokens on everyday purchases from merchants and their favorite brands. When in most cases such points can be redeemed only for products of this particular brand, Rewards want to connect them all in one platform where user can exchange points earned from purchases in one shop for bonuses in other. They noticed the problem because according to the 2015 Colloquy Loyalty Census, the average U.S. household participates in 29 different loyalty programs. The descriptions available on the site suggests that even at the early stage of the project, Rewards manages to include over 100,000,000 products and 7000 existing merchants. They mention big brands like Nike, Adidas, Disney, McDonald's or Walmart just to name a few. The team is quite big and includes many advisors and partners. The overall design of the site, whitepapers and promotional material is at very good level.
This project is an amazing way normal everyday people can earn cryptocurrency just through shopping! This company already has major partnerships with companies like rivetz and Dash. This already working project will be a success.
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