This is really cool. Everyone needs to be making use of services like this when they are purchasing anything with cryptocurrency, now that the price of crypto is down you can be saving some money back, than throw them away and get nothing in return. But I do have a question about this Rewards.com thing. So if you invest, how much exactly are you getting back in return!? What's the percentage you're getting back when you buy with this. Cause whenever I make use of Purse.io I usually get 20% off from everything on Amazon. So that does that mean I'm getting money back on something close to that?
Great points, I think everyone needs to try out services that can offer you savings on anything possible. Every dollar counts and adds up to be a lot over time. Rewards.com offers you Rewards Cash back when you use any of their merchant links. For example, you click on BestBuy and make a purchase for $100 and the rate of Rewards Cashback is 10%, you will receive $10 accredited to your account, once the return-date has passed your Rewards Cash tokens are available for withdrawal. You can do a few things with Rewards Cash.
1. You can redeem your RWRD tokens for BTC, LTC, ETH or DASH at market price. Currently, each RWRD token is priced at .20
2. Or you can withdraw your RWRD token for USD deposited to your PayPal account. Once they are listed on the exchange
3. You can use RWRD tokens to purchase from any merchant on the mobile app (coming in near future) - basically you will enter how much the product is in RWRD tokens you want to redeem and the app will instantly convert to a gift card the cashier can scan (in person) or enter the CC numbers online.
Whats even more interesting is the "tokenomics" behind Rewards.com. Once a shopper earns RWRD tokens the company will purchase their own token from the open exchange market providing self liquidity to their token, and essentially their price. Its projected that for every 100K shoppers the company will buy-back around 5 million dollars of their own tokens, which equates around $50 cashback per person a year, and that's being extremely conservative.
The company is planning on rolling out a gift card service like purse.io but its not in the works yet. They have a ton of cool ideas and implications in mind. However, firstly they want to roll out the mobile application and launch in multiple countries befoe thinking about add-on services.
Once they build their own blockchain they can "white label" any rewards program to launch their own crypto loyalty service. It will be the only and first of its kind. Imagine a international loyalty currency anyone can use anywhere. No company has even reached the level Rewards.com is at currently.
You can check out some of the stores and offers here:
https://www.rewards.com/allMerchantsLet me get some feedback and let me know what you think.
