Today we are going to review a new platform which deals with blockchain and marketing called the Momentum Token. Are you interesting in knowing everything about this company? Read our review.
What Is the Momentum Token?
Momentum Token is a cryptocurrency based on a blockchain marketing automation platform. The idea of the company is to create a space where the companies can reward their customers for their support.
The goal of the company is to redefine the way that companies build customer relationships. They intend to do that by using Momentum Token as a loyalty token which can be used to reward customers and to give the consumers control over their own personal data.
The company believes that traditional marketing is often disliked by customers and that its lack of tact and personalization makes it look like spam. Because of this, many loyalty programs end up failing because the customers do not feel like they really own the loyalty rewards. Points sometimes are wasted or expire.
Because of this, the company decided to create Momentum Token, which will be a digital reward that it is tactible and it can be used on the platform or traded outside the platform for other tokens. This way, the clients will feel like they really own the loyalty rewards which are offered to them.
The management of this company is made by Kees de Vos (CEO) which has more than 15 years of experience in the sales area, Eyal Oster (president) which has more than 20 years of experience in leadership roles and Ariel Luedi (chairman), with more than 20 years of experience.
How Does Momentum Token Work?
Momentum Token’s primary function is to be used as a loyalty token in systems of companies which want to use token-based incentives. They can be used to reward customers for supporting a certain brand. The company states that people using similar products can make their users be more than 100 times more active on their apps and gather 40 times more customer data.
This, the company states, can help to transform the way that companies think marketing and maximize the conversion process. The platform is able to target users using comprehensive data like their location and behaviour. This will enable them to optimize their offers base on this data and get a better return on investment in marketing.
Also, it provides the users will full control of their data. They can sell it for tokens of keeping it to themselves. This is a good system because it gives more agency to the users and makes them believe that it can be a good idea to sell their data because they will be able to profit from it.
The cryptocurrency will not only be used as a loyalty token. They can be used as a currency on the platform to pay for services and buy goods or can be exchanged for promotional rewards. The tokens will always be the property of the client and they will not go to waste if you do not use them.
How To Invest In Momentum Token ICO?
If you want to buy Momentum Tokens, you will have to wait for Initial Coin Offering (ICO) of this company. The public sale will start on March 26 and it will last about a month. The hard cap of the sale will be € 42,000,000 EUR and the soft cap will be € 2,500,000 EUR.
The price per token will be € 0.10 EUR (or $0.12 USD) and half of the total supply of tokens, 500,000,000 units, will be sold in the sale.
The Momentum Token ICO Verdict
Is Momentum a good investment for you? It can certainly be. While this is not necessarily the most original company in the world, it has some strong leadership and a good business plan, so there is not much chance that this company will fluke and not reach its goals. The tokens are still being sold for a very cheap price, so you will have to chance to acquire a lot of tokens and sell them for more money later.
If you want to use the platform, it can also be a good idea to buy the tokens now because they will be more expensive later and this will enable you to profit more when you use them as loyalty tokens for your clients. Because of this, it is clear to use that the Momentum Tokens can be a good investment for you.
You still have some time to think if buying these tokens is a good idea for you or not. Because of this, take your time and analyze this company to know if this can surely be a good investment or if you just rather look for a better one.