Topic: [ANN] [PreICO LIVE 🔴] ALLOY - Global Rewards Catalog for Reward Points - page 15. (Read 13804 times)

Do you mean working versions? Or potential future applications?

I think you can redeem your reward every time you have atleast the minium amount to be able to withdraw your Alloy tokens. I hope that they make the minium amount to withdraw very small, so we don't have to spare months to withdraw our earned Alloy tokens.

One thing that bothers me is the fees that the exchanges have these days, and also the fee when u send a transaction. There need to be a way to make it 0 costs. Like having an own exchange that asks 0 commision for trading and mayby a coin on another platform that is hosted by the team, and other full nodes that get rewards for keeping the platform alive.

It would mean that the project needs to change alot, but I think that is a very nice improvment.

We have no reason to not participate at this great project
Backed by paypal and supported by codemojo it's very good
3days left for preICO can't wait for that moment

And there will be a reward cathalog?

Rewards will be both services and products.

You will be able to order rewards from companies located anywhere in the world.

How often will we be able to redeem rewards?

Will rewards be both services and products ? Can I order rewards from foreign companies or only from those in my country ?

Its optional,  Brands can only be part of Redemption or participate in the other side of the Rewards Network too.

Best,
Vijay
Alloy Team

Our Token & Crowdsale Smart Contracts are on GitHub

Feel free to check out the ALLOY Token & Crowdsale smart contracts at:

https://github.com/codemojo-dr/Alloy-ICO-Contracts

Hi

There are three sources you gain points, one is Brands, Banks & Credit cards & Apps/Websites the system address all the above. Banks & credit card comapnies spend a lot of money in maintaining and running a catalog for redemptions to make their customers happy and this becomes an ease of access for the. APPs and game give you virtual tokens and even they are exploring real world rewards to make the users engaged more, but sine it is not their core business to run a eco-system for redemption, ALLOY is an interesting space for them to partner.  Larger companies have known to participate in Coalition program (Airmiles - Canada, OK Cashbag - Korea, Nectar - UK, Plenti - USA), the main reason for it is when the reward points are issued it is an liability on their books and it need to taken off from onetime customers (This forms 75% of the total reward points issued) and Coalition has a upto 80% market penetration in all the geographies mentioned above and the reason for that is points flow and don't stay idle resulting in win-win driving business and satisfaction. The idea for any reward program is to make the users see value either within the store or external so the customer keeps coming back.

PayPal has incubated our startup since 2016 when we were offering Loyalty, CRM, gamification, Referral, systems for retail vendors, they also have plan for reward programs for their merchants but the distributed nature of their 17mn merchants makes it impossible to run a large scalehandshake, here is where they found the platform pretty interesting to explore only on the reward point redemption and listing of their Merchants on the platform for visibility .

Best,
Vijay
Team ALLOY

Yes, exactly! Each company decides for itself the exchange rate of their bonuses/rewards points to ALLOY token. Business is totally free here, can easily access and quit Rewards Network at any moment  

Will every business be able to set a different reward points - ALLOY ratio?

Are brands required to also join the rewards network of they just want to offer their services up for redemptions?

Are brands required to also join the rewards network of they just want to offer their services up for redemptions?