There are many ICOs happening all the time. Many start-ups are using ICOs as a new way to gather resources so, as an investor, it can be pretty interesting to find the best ones. Unfortunately, it’s also pretty hard.
With such a high number of start-ups asking for your money, how do you know when and how to invest? Only the 10-20% best companies will really be profitable, so you have to be well informed before making investments. This way, you can escape from scams and bad investments.
Our blog’s mission is to help you make the best deals. Because of this, we are going to review LoyalCoin today.
What Is LoyalCoin?
LoyalCoin is a new cryptocurrency being developed by Appsolutely. The company is focused on providing digital reward’s systems for multinational companies.
This new token, LoyalCoin, it’s supposed to be a new way for companies to reward users in loyalty programs. Appsolutely argues that it’s hard to keep track of all the loyalty systems provided by different companies, so they plan to solve this issue.
LoyalCoin is going to be an international digital currency used to integrate all the reward systems of different companies so the users can use them for easily and thus be more interested in using their loyalty services.
Your tokens will be stored in the LoyalWallet, a wallet made specifically to store LoyalCoin.
How Does LoyalCoin work?
LoyalCoin will enable users to spend their loyalty tokens outside of the company that provided them with loyalty tokens. This way, they can use their points accumulated in two different companies in the services of a third one, for instance.
Not only the rewards could be used universally, they can also be used as payments for other services. This has the potential to transform loyalty points in real currency to be used to buy products and services.
Finally, the users can also exchange points between each other, giving them as a gift for their best friends or using them to pay for something. LoyalCoin could be the way to really transform loyalty systems in ways to make real money.
The launch of LoyalCoin is scheduled to be released during 2018 if the funds of the ICO are secured.
How To Invest In LoyalCoin?
At the time of this report, LoyalCoin was having its pre-ICO, so if you want to invest, now could be a good time because they are offering bonuses. The ICO will start sometime in December.
Here are the prices:
- 1 BTC = 1,750,000 (+ 175,000 Pre-ICO Bonus) LYL
- 1 ETH = 75,000 (+ 7,500 Pre-ICO Bonus) LYL
- 1 XEM = 50 (+ 5 Pre-ICO Bonus) LYL
LoyalCoin looks like a solid investment. The company behind the idea, Appsolutely, is not a beginner start-up, they already have a market and solid experience in this business. Their idea is original and certainly could be implemented with a number of big companies during 2018.
Nothing indicates any kind of scam and the tokens are very cheap, so you can invest on them without much effort and having fewer risks if you want to. Also, they seem to have a global reach, so their platform could really be as successful as the company wants it to be.
Because of this, LoyalCoin looks like a safe investment. It’s impossible to tell so early how big will be the return on investment, but this cryptocurrency certainly looks interesting. If you are feeling like LoyalCoin might be the right investment, go for it.