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Fixing the loyalty problem with blockchain
Blockchain and tokenization offer loyalty programs the secure and effective means to authentic transactions. Innovation in fintech brings convenience through mobile and POS applications.
Challenges to the Consumer
Gratifu consolidates isolated points in a universal token. Gratifu’s mobile wallet eliminates never-used points and missed opportunities. A fair-play user interface simplifies confusing rules from different issuers.
Challenges for the Merchants
Communities of Commerce offer new sales that go beyond the limitations of referrals. Unused points that might be perceived as a savings translate to valuable insight on consumer behaviors. Cards become obsolete as everything is digitalied.
Merchant value proposition
A POS app & Back Office platform tracks points and rewards, generating actionable customer data. Free to deploy and distribute points and rewards. Provides access to a robust pools of Gratifu users. Businesses can cross sell & cross promote in an active network.
We already have a program, will it integrate?
Yes, a customer only has to choose where they want to store their points.
If I give up my points to other merchants, what do I get in return?
1. Increased loyalty from giving customers more choice. 2. New customers from other stores who spend Gratifu with you. 3. A successful ICO will generate millions of dollars worth of Gratifu tokens that can be exchanged on redemption for FIAT.
How is the program free if I have to pay for tokens?
We set the mechanics of token purchase to match what you are willing to reward your customer. The back office platform accounts for the value and distribution of points in real time, calculating the cost of tokens you’ll need when your customers redeem them. An example, we calculate the value of your points, you decide what to offer your customers in exchange, and they choose: 10 points = 1 item worth $10 or 10 points = 50 gratifu tokens worth $5.
Free is good, but does it brings value?
Millions of pre-sold tokens are waiting to be spent for your products and services. Going beyond the referral of Communities of Commerce that support customers needs brings new business to your doorstep.
VC value proposition
- Profit based on per-transaction commission income
- Distributed platform is a resilient token generator
- Unlimited growth potential
The Gratifu Token Generator
» Merchant A creates program, issues points » Customers pay Merchant A, collect points
» Customers convert points to Gratifu Token with Gratifu Wallet App » Merchant A buys Gratifu Token equivalent to value of converted points on the Gratifu Platform » Credit to Gratifu Wallet App in real-time
» Customer spends Gratifu at Merchant B » Merchant B collects payment and issues points » Gratifu returns to Gratifu Platform circulation » Commissions paid to Merchant A, Sales Agent and Platform Operator (Gratifu LLC)
Points local points redeemable only at issuer
Gratifu universal tokens redeemable within network
Goods/services products and services offered by merchants
Money (FIAT) accepted local currency for merchant
Sales Agent consumers who onboard merchants
Consumers create Communities of Commerce with complementary merchants, using their combined spending power to pursue their social goals. Gratifu comprises: Points – a localized loyalty point redeemable only at the issuer and may be converted to Gratifu Tokens. The Gratifu Token – a digital asset that may also be called a smart contract or crypto currency and is exchangeable for points, goods and service at all merchants in the Gratifu network. The Gratifu Platform – a utility for exchanging points, FIAT currencies and the Gratifu Token The Gratifu Wallet App — lets customers to accumulate spend points using their smartphones Gratifu POS and Gratifu Back Office – lets merchants easily design loyalty programs, account for point values, chose the best savings to convert points to Gratifu tokens in real-time, with secure KYC-compliant software. Sales Agent – Crowd-sourced from consumers and incentivized by commission for the merchants they onboard. Consumers benefit from points portability and convertibility. Merchants benefit from collaboration and network development. Sales agents earn commissions for onboarding merchants. Investor returns generated from Gratifu Platform user-fees and growth in value of the Gratifu Token.
How Gratifu works for Merchants
Create account and comply with KYC requirements. Design loyalty program, selecting products, setting values and issuing points. Gratifu POS and Back Office software handle distribution and redemption. Create contests and content; together with retailers and customers. Collect commissions on token redemption
How Gratifu works for Customers
Download the app and run through KYC Join a loyalty program Participate and accumulate points Manage, exchange and grow your loyalty points and tokens Redeem point for rewards Onboard new stores; earn additional Gratifu tokens.
How Gratifu works for STO holder
Pre-purchase the Gratifu loyalty point! Empower consumers to build Communities of Commerce. Download app and submit required KYC Purchase tokens Receive news and updates Trade at exchange Redeem at merchants