In retailing businesses to be specific ,a loyalty card,rewards card,point card or even the club card is a plastic card that is very similar to the credit card or debit card identifies the card holder as a participant in a loyalty program.
However,by presenting such cards,purchasers receive either a discount on the current purchase or points that can be use for future purchases. So the card is the visible means of implementing a type of what the economist call a two part traffic.
The loyalty rewards can be described as a form of centralized virtual currency ,the one with unidirectional cash flow since rewards points can be exchanged into goods and services but not cash.
But sadly today,customers are been frustrated often and this is because they don't have enough points to redeem the goods they want. As time goes on,the points will expire and it will be worthless to the customer.
Even the loyalty operators makes it very difficult for the members to just transfer their points between one another and they set up hurdles such as blackout dates in other to make it hard for the customers to use their points any time they want.
All these challenges is what the customers have been passing through in the hands of the operators. However,as they said they is always a solution to every problems. After checking the challenges the customers are facing,the Gabrotech platform decided to bring permanent solutions to these and to end it once and for all.
THE GABROTECH PLATFORM
This is a block chain project that has a dynamic vision to revolutionize the loyalty rewards market programs thereby removing the inefficiencies through the process of decentralization and at same time enabling total control for the users.
Gabrotech is an interesting platform with a great concept. Their blockchain platform will make it easy to be able to track and verify numbers of the users and their points that is being traded or used inside the ecosystem that connects the participants with a standard digital token.
The coalition of the Gabrotech blockchain and the loyalty reward programs that is inside the system creates a network effect which will help drive businesses and at same time reward in a distributed structure rather than standalone loyalty programs.
This platform has group of team members that is made up of geniuses ,they are going to achieve their aim through a 6 -in-1 solutions. These will resolve the global loyalty program issues using their cutting edge technology. The 6-in-1 solutions Gabrotech is going to use includes...
(1)Gabro digital wallet:. This wallet will give the users the convenience of managing a different loyalty programs on their own and their reward points .
(2)Gabro tokens:.. The token is the core aspect of the reward ecosystem and this tokens are very necessary for everyone to obtain it in other to be able to access the services on the Gabro's ecosystem.
(3)The Gabro prepaid card:.. The platform hope to partner with most leading global payment service providers who will help achieve a pre paid card the users can use to top up with the extra reward points and at same spend them on assets.
(4)Multi-currency conversion Engine:. This protocol operates in such a way that it ensure liquidity of the Gabro token and also helps the users convert digital assets into fiat currency in real time market value.
(5)The loyalty central:. This gives the users the opportunity to get idle points and then convert them or better still use them to top up another reward program.
(6)O2O analytics platform:.. For merchants that are making use of Gabro's services ,O2O analysis platform gives them insights into customers trends,taste and preference through advanced analysis tools.
THE BLOCKCHAIN LOYALTY REWARD PLATFORM VALUES
The Gabrotech loyalty blockchain reward platform values are
(1)Trust:.. With customers in control of the system and with the help of blockchain, there is confidence since the decentralization eliminates third parties from manipulating the system.
(2)Low cost:.. With the help of the ethereum blockchain,it ensures the platform does not incur high operational costs.
(3)Affordability:.. Whether small or medium sized businesses,they can all afford the Gabro services as part of their marketing strategies.
THE TOKEN ICO DETAILS
Start -31st July 2018
End -31st August 2018
Ticker -GBO
Platform - Ethereum
Type- ERC20
Accept- ETH
Total supply -1,000,000,000 GBO
Hard cap- $50 million
TOKEN DISTRIBUTION
Pre ico -25%
Public sales -25%
Founders and advisors- 15%
Future users- 20%
Bounty and airdrops - 5%
Partners in the ecosystem - 10%
CONCLUSION
Gabrotech platform is an awesome and interesting one. It gives the customers an opportunity to benefits form the loyalty reward programs without frustrating anybody.
This platform has a great concept with genius professional team members . I advice everyone to invest today to invest in Gabrotech platform. For more information use the links below.
USEFUL LINKS
Website-- https://gabrotech.io
Twitter-- https://twitter.com/gabrotech
Telegram-- https://t.me/Gabrotech
Whitepaper-- https://bit.ly/2MWnjIE
Authors details
Bitcointalk profile link-- https://bitcointalk.org/index.php?action=profile;u=1616375;
Bitcointalk username-- ifeoma
Eth address--- 0x955A233f99340215Fb70Af8Ca1882faF1F370D99