The Advantages of Using EDC Coin in Business

in edcblockchain •  4 years ago 

By design, EDC is a digital bonus coin for making settlements between the community members. The EDC coin grants the community members the right to use the EDC Blockchain’s services and products.

Best places to use EDC

The EDC coin is used by small business owners to provide services in HoReCa, i.e., hotels, restaurants, cafes, bars, bakeries, pastry shops, as well as at small travel agencies, handicraft shops, advertising agencies, beauty salons, or educational platforms.

Promote business with EDC

EDC Coin is a ready-made marketing tool for increasing both the average check and the number of customers. Use EDC for:

  • Conducting loyalty programs among regular visitors;
  • Distributing bonuses to active users;
  • Cashback setting;
  • Providing discounts on your products;
  • Paying bonuses to employees;
  • Carrying out sponsorship promotions to attract partners;
  • Paying for marketing and advertising services, as well as to suppliers or landlords.

As an example, you own a small coffee shop, and your goal is to increase traffic. You can provide a one-time bonus in EDC coin for buying coffee using the check code function, or reward several customers with a red envelope at once, create a bonus program that allows customers to invite their friends to your cafe, as well as hold promotions such as happy hours. With EDC Coin, you create the activities you need to promote your business and interact with customers who want to come back to your coffee shop again and again.

Fast settlements

Unlike other coins, you don't have to wait for multiple transaction confirmations. The transaction is confirmed instantly through the use of Proof-of-Stake consensus and the involvement of validators to manage the network, so that the coins are credited to your balance within 2.5 seconds.

Since the system uses blockchain technology, an EDC coin transaction cannot be declined. This means you can be sure that you will receive coins from the client in full amount.

International community

Get leads by providing members of the EDC Blockchain community with a new environment, such as stores and institutions, for accepting EDC coins anywhere in the world.

Conquer the space of your outlet with outdoor advertising, using banners, and attract EDC local users.

Connect EDC to your business

The coin value directly depends on its popularity as a unit of exchange for goods and services. The more entrepreneurs apply the EDC coin in their business, the more the coin is in demand, the more its price increases, and the more the interest of potential clients to your products grows.

via https://blockchain.mn

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