[ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex

[Tanglemymind]

I have joined the signature campaign.How much invested so far in opening day?

Opening day has another 5 hours left, but so far it looks like 77 BTC and nearly 100k Waves has been invested, along with 447 BTC pre-ICO investment, for a total of 524 BTC or $320,000 all in.

People will buy anything. This project is a joke. You have a carrot for a logo and a name that is as close to the name incest as you can get.
Run away. NO business will take this carrot incest business seriously

https://medium.com/@incentloyalty/first-bricks-and-mortar-partnership-b12a848182c5#.8s8rgdimr

This is my point why no legit business will take this carrot incest business seriously. Thanks for proving my point.

[windjc]

I have joined the signature campaign.How much invested so far in opening day?

Opening day has another 5 hours left, but so far it looks like 77 BTC and nearly 100k Waves has been invested, along with 447 BTC pre-ICO investment, for a total of 524 BTC or $320,000 all in.

People will buy anything. This project is a joke. You have a carrot for a logo and a name that is as close to the name incest as you can get.
Run away. NO business will take this carrot incest business seriously

https://medium.com/@incentloyalty/first-bricks-and-mortar-partnership-b12a848182c5#.8s8rgdimr

This is my point why no legit business will take this carrot incest business seriously. Thanks for proving my point.

Congratulations Rob, you've got your first troll. You've arrived.

[-aleco-]

Article in Forbes
Incent Blockchain Platform Launches 'Decentralized' Exchange-Backed Crowdfund ICO

[gormae]

I've invested, but I'd be interested in thoughts on this -

The value of incent rises and merchants want to continue to reward their customers with incent.  Unfortunately, due to incent's value, it's only feasible to reward customers with a percentage of incent.  Merchants are now rewarding customers with 0.001 incent.  This reduces incent's perceived value for loyalty participants upon their introduction as theyre not even receiving a whole token.  Bitcoin has this issue. People want to own at least ONE of something.

When customers recieve 2000 flybuys, they're excited and have no idea of the value. Having 2000 of something just seems like a big deal and generates interest.

If a merchant sells a product for $5, theyre not going to be able to reward with whole incent tokens forever - even at the 25c low cap, there's an adoption issue.

Why so little coins from the start and why the cap, why not change it?   This all seems quite obvious from a marketing perspective, so am I missing something here?  Is the goal not mass adoption?

[IncentCEO]

I've invested, but I'd be interested in thoughts on this -

The value of incent rises and merchants want to continue to reward their customers with incent.  Unfortunately, due to incent's value, it's only feasible to reward customers with a percentage of incent.  Merchants are now rewarding customers with 0.001 incent.  This reduces incent's perceived value for loyalty participants upon their introduction as theyre not even receiving a whole token.  Bitcoin has this issue. People want to own at least ONE of something.

When customers receive 2000 flybuys, they're excited and have no idea of the value. Having 2000 of something just seems like a big deal and generates interest.

If a merchant sells a product for $5, they're not going to be able to reward with whole incent tokens forever - even at the 25c low cap, there's an adoption issue.

Why so little coins from the start and why the cap, why not change it?   This all seems quite obvious from a marketing perspective, so am I missing something here?  Is the goal not mass adoption?

I love the fact that you are thinking about and challenging this concept and to your specific point, Incent won't be displayed to either merchants or consumers as tokens - but rather as 'digital value' in their local tender. The token is the fuel but it exists 'under the bonnet'. Recall Intel's annoying little jingle against the words "Incent Inside" - ;-)

Consumers receiving 2000 plastic points and having 'no idea of the value' is precisely what we are trying to move away from.

RW.

[wavefan]

Can we invest ETH or LSK? or we only need BTC/waves to participate in the ico?

[incentDEV]

Can we invest ETH or LSK? or we only need BTC/waves to participate in the ico?

We've integrated a 'Shapeshift' button to facilitate loads of alt-coin participation. Both ETH and LSK are supported

[wavefan]

Can we invest ETH or LSK? or we only need BTC/waves to participate in the ico?

We've integrated a 'Shapeshift' button to facilitate loads of alt-coin participation. Both ETH and LSK are supported

Okay will check soon.Best of luck Incent. i'll invest something since its related to waves.
thank you

[MoneyJ]

I am little giddy on this one but must follow this. It seem promising but wave still logs behind schedule.

[mamichula]

Can someone explain to me what the loyalty industry is?

[iambitcoin5]

Are Waves Devs involved in Incent?

[gormae]

I love the fact that you are thinking about and challenging this concept and to your specific point, Incent won't be displayed to either merchants or consumers as tokens - but rather as 'digital value' in their local tender. The token is the fuel but it exists 'under the bonnet'. Recall Intel's annoying little jingle against the words "Incent Inside" - ;-)

Consumers receiving 2000 plastic points and having 'no idea of the value' is precisely what we are trying to move away from.

RW.

Thanks for your response. The word "loyalty" is causing confusion and I've seen this in every interview.   Unless there's legal concerns, why isn't this explained as an Instant Digital Cashback Network - A network to challenge loyalty programs?  With all the negative press regarding data mining store cards in Australia, a loyalty program vs cashback network alternative would gain press attention.  It's not a challenging concept at all when explained like this.

Market as loyalty for business and reward cashback to their consumers.

[rindo]

Can someone explain to me what the loyalty industry is?

https://incentloyalty.com/

https://www.youtube.com/watch?v=lDY79N1PKW8

http://www.incentloyalty.com/frontend_js_css/assets/whitepaper/UsingBlockchaintoBoostCommerce.pdf

[IncentCEO]

I love the fact that you are thinking about and challenging this concept and to your specific point, Incent won't be displayed to either merchants or consumers as tokens - but rather as 'digital value' in their local tender. The token is the fuel but it exists 'under the bonnet'. Recall Intel's annoying little jingle against the words "Incent Inside" - ;-)

Consumers receiving 2000 plastic points and having 'no idea of the value' is precisely what we are trying to move away from.

RW.

Thanks for your response. The word "loyalty" is causing confusion and I've seen this in every interview.   Unless there's legal concerns, why isn't this explained as an Instant Digital Cashback Network - A network to challenge loyalty programs?  With all the negative press regarding data mining store cards in Australia, a loyalty program vs cashback network alternative would gain press attention.  It's not a challenging concept at all when explained like this.

Market as loyalty for business and reward cashback to their consumers.

This is a really smart observation and product messaging and positioning is very much my 'part of ship' so you have definitely given me pause for thought.

What you are suggesting is that our messaging should focus on the way it delivers value, whereas I want to start the conversation with the genre or industry in which Incent lives, because it helps people to situate cognitively and provides us with a backdrop against which to describe Incent's unique features and points of difference.  I believe this allows us to have a more expansive conversation than a start point of 'digital cashback' would allow.

Were digital cashback the extent of Incent's breadth or ambition we wouldn't have bothered to embed e-commerce functionality in the consumer wallet, or include an analytics package in the merchant side dashboard - to give just two examples. We might also have just piggybacked on a tethered crypto or even side-stepped crypto altogether.

Bottom line is that while digital-cashback describes, in part, what Incent delivers, we feel that characterizing Incent in these terms is unhelpfully limiting.

RW.

 

[IncentCEO]

Are Waves Devs involved in Incent?

No but we will be leveraging their specific expertise remotely when work starts on app-infrastructure integration.  RW.

[IncentCEO]

I am little giddy on this one but must follow this. It seem promising but wave still logs behind schedule.

 
Not sure what you mean by 'giddy' fella. Giddy - I think its awesome or Giddy - I don't really get it?!

RW.

[ankylotic]

robwilson [8:58 PM] 
@ptr: no! But between Rackspace and Firebase we got significant resilience to DDOS. What we have seen is over 500 new account registrations over the last 24h...:wink:

[Klaus-Dieter]

why have incent choose waves :-D

[Cassius]

why have incent choose waves :-D

Technically it is the best fit for the job. Asset-to-asset trading, speed and scalability are all critical for a mass-market solution. There is also a close relationship between the teams.

[TheKB]

I have joined the signature campaign.How much invested so far in opening day?

Opening day has another 5 hours left, but so far it looks like 77 BTC and nearly 100k Waves has been invested, along with 447 BTC pre-ICO investment, for a total of 524 BTC or $320,000 all in.

Looking good to reach the goal of 1 Mill. Dollar

$1 million would be nice, $5 million even better

How is the this 5 Million USD raised through ICO gonna be utilized for project development? i can't find information about utilization and specific purpose of ICO funds. Also, how will it affect the Project development if Incent team succeeds in only raising the minimum target of 1 Million USD?