The Biggest Loyalty Program Based on the Blockchain Launched in Australia
EZToken, a company based in Australia recently announced that they had launched the EZToken Rewards program. This is a global crypto-based reward program. It is the biggest such program in the world today, based on the network size. Members of the program are rewarded in EZToken instead of royalty points when they transact with retailers.
Unlike loyalty points, the value of EZToken is always in flux since the tokens are traded on exchanges globally. There is a good chance that these tokens could become the most used loyalty coin in the world. Those who get the tokens can trade them at participating retailers or transfer them to other participants of the program. The good thing about these tokens is that they never expire.
More About The EZToken Rewards
The founder of EZToken Rewards, Hoa Nguyen, said that he believed crypto would replace loyalty point in future. Most consumers today are in search of loyalty programs that offer them real value inside and outside a reward program.
Loyalty & Reward Co will be offering consulting support to the EZtoken Rewards for their global launch. In late 2017, the company ran a blockchain research project on loyalty at the University of NSW. The results of the research showed that members would rather be rewarded in crypto rather than loyalty points.
The EZtokens Rewards has recently partnered with Surpass Business Solutions, which will allow it to access over 3000 retailers in Australia and accelerate growth. The project will generate value for the retailers, members, and the investors. With these tokens, the members can shop at the retailers’ stores and earn tokens for each purchase. The result is vthat it will lead to growing demand for the tokens, which will lead to more value for them.
#1 DAY TO GO until the official launch of the world’s largest blockchain loyalty program, EZToken Rewards. Demand for EZT is set to boom as members begin to earn EZToken when shopping at participating retailers. Retweet for your chance to win 1000 x EZT. pic.twitter.com/Vi9qRcKU0U
— EZToken (@eztoken) June 25, 2018
About The EZToken
They are ERC20 tokens that run on the Ethereum blockchain. The tokens are designed as reward currency for the EZTokens Rewards program. There were 50 million tokens created. Ezpos Holding Pte. Ltd ran a four round ICO in January and raise more than $10 million USD after selling 11.5 million EZtoken. There are currently over 12,000 retailers in over 19 nations that use the EZpos POS system. The company is currently working to get them to be part of the EZtoken Rewards program.
What Is The EZToken Rewards Program?
EZToken Rewards is a reward program with global ambitions. Members will get the EZToken once they transact with retailers in the program. As the retailers and customers increase, the demand for EZToken will also grow.
Who Is Loyalty & Reward Co
Loyalty & Reward Co is a management consulting agency that focuses on the design of loyalty programs for major companies around the world. They have worked with companies such as HCF, Amdocs, Optus, Liquor, Sportsbet, HOYTS, and Procter & Gamble.
Who Are Surpass Business Solutions?
Surpass is a business that has been involved in the sale of laptops and computers since 1995. In 2007, they extended their operations to include the sale of Point of Sale Solutions and CCTV equipment. They offer their facilities to those in the retail, hospitality, and payment processing sectors.