Introduction
URP is a blockchain-based protocol where retailers can reward shoppers for multiple behaviors like simply visiting the store. By accepting to share their shopping data with the network, a shopper earns reward tokens, while the data is used by retailers to build redemption offers that best suit each customer’s needs. Shoppers can then redeem their tokens through these exclusive and personalized offers. In traditional retail stores, it can be difficult for companies to gauge their customer’s journey or shopping process. This makes it difficult for them to find out what products they should advertise or sell to their customers.
And, there’s a problem that customers face because of this current system. They feel that they aren’t rewarded properly for participating with these companies. With Universal Reward Protocol, the company plans to create a system that bridges the gap between online and offline shopping channels.
That’s why we are thrilled to announce the launch of our Bounty Program. Over the next couple of weeks and until the sale is finished, we will reward those who contribute and help us grow the community and produce quality content.
The Difference Between the URP Model and a Loyalty Program
The URP platform allows retailers to reward any type of consumer behavior, not just the actual purchase.
The URP platform is universal, meaning that the rewards a customer receives from one store or brand are recognized and redeemable by all other stores and brands that are registered on the network.
The URP platform gives businesses the chance to reach out to candidate consumers. Specifically, the platform does not require a specific registration process or fee. Any individual can visit the website or download the app. If they like the offers and the rewards, then they can enroll and start completing the tasks in order to earn the tokens.
Unlike a loyalty program, the URP platform is totally transparent and gives full control to the consumer over what data is being shared and collected by either the platform, the store, or both.
Universal Reward Protocol (URP) Features
Shoppers Can Earn Rewards: Shoppers gain URP tokens by sharing their data with retailers.
Data Transparency & Security: Universal Reward Protocol has a blockchain-based ecosystem where you can gain control over your data while obtaining offers from retailers that are personalized and tailored to your shopping habits.
Token Redemption: Retailers can obtain URP tokens by making personalized and exclusive offers based on the shopper’s shared data.
Universal Digital Wallet: Universal Reward Protocol has a digital wallet that allows users to check their redemption contracts and rewards at any time.
Token Details
- Fundraising Goal: $5,892,545 (Soft cap) – $23,570,180 (Hard cap)
- Total Tokens: 600,000,000 (Total) – 240,000,000 (For Sale)
- Accepted Currencies: ETH, Fiat
Universal Reward Protocol (URP) Benefits
Distributed Data Storage: URP allows showers to decide which retailers they want to share their data with.
Utilizes IoT Technology: Since it combines blockchain technology with IoT technology, users are able to receive detailed data reports on their shopping habits while also having encrypted data that’s protected from unauthorized third parties and hackers.
Affiliated Businesses: So far, Universal Reward Protocol is backed by successful companies such as Nestlé, Carrefour, and Auchan.
For more information, please click the link below :
Website : https://rewardprotocol.com/
Whitepaper : https://rewardprotocol.com/wp-content/uploads/Whitepaper.pdf
Telegram : https://t.me/UniversalRewardProtocolOfficial
Twitter : https://twitter.com/RewardProtocol
Medium : https://medium.com/@RewardProtocol
Linkedin : https://www.linkedin.com/company/reward-protocol/
BountyOx Username : wahyuuwayy