REM Loyalty

What is the value proposition?

An effective customer loyalty program can help businesses win the mindshare of their top 5% customers who bring in 30% of the revenue. With approximately $100 billion US in loyalty points left unclaimed in North America, this provides a case for REM Loyalty to disrupt the limitations of the current loyalty reward programs with the support of blockchain.

‍

REM Loyalty is unlike other projects in a few ways:

‍

Backstop value

1. MVP from day
2. No soft cap
3. Global Redemption partners from day 1
4. Works with existing loyalty programs and provides a program for those without 4. Highest cash redemption rate in Loyalty industry
5. Program changes only by vote
6. Partnered with a new global loyalty initiative rewarding rent

‍

Interactions with the technology‍

REM Loyalty is developing its own digital wallet that features a built-in Rewards Market made to manage and to redeem points from partnering programs. The REM Wallet will be available from Day 1 with features not typical of crypto wallets, such as:

• ‍Conversion to rewards points of any partnered loyalty program
• ‍Redemption to any partnered loyalty program
• ‍Scan and receive REM through QR bar codes with partnered products
• ‍Voting on significant community issues
• ‍Fiat redemption to a large choice of currencies at any time
• ‍Buy and sell REM and convert to other crypto currencies (when 35% of REM are sold or August 28 whichever is sooner)

‍

The REM token

1000000000 REM tokens will be sold at 0.04 USD. Biggest reasons for token’s value to increase over time? More partners in the ecosystem providing greater choices for customers, leading to greater number of redemptions/transactions, increasing value of the REM through redemptions, token purchases and exchanges.

‍