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Author Topic: [ANN] LoyaltyCoin - Trade rewards for free  (Read 2755 times)
Loyaltycoin (OP)
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August 14, 2017, 06:17:32 PM
Last edit: February 09, 2018, 10:57:34 PM by Loyaltycoin
 #1



LoyaltyCoin is the first live platform offering loyalty programs to our partners using a blockchain to perform exchanges from one program to another.
We are glad to announce that LoyaltyCoin will start in coming days a pilot in 4 shops in Zürich, Switzerland: 2 shops of Dune London and 2 shops of Phase Eight.
Download our app on Play Store or iTunes, get your welcome bonuses, and start trading on our blockchain





LoyaltyCoin has created a world where customers can collect everywhere loyalty points and exchange them anytime simply on their phone. Users can choose to redeem what they like in any store across brands, categories and countries. The end users of our application will be able to collect points when they purchase (1 CHF = 1 Point), redeem vouchers when enough points are collected and now for the first time can exchange loyalty points from one brand to another.
 
At Phase Eight users are collecting Pearls for each Swiss franc spent at the shop and when reaching 500 Pearls receive a 30 CHF voucher (payback of 6%). At Dune London users are collecting Dune Stars for each Swiss franc spent at the shop and when reaching 500 Stars receive a 20 CHF voucher (a payback of 4%).





Offers users choice to collect everywhere loyalty rewards.
To exchange them anytime simply on their phone and to redeem what they like in any story across brands, categories and countries. To our partners, we offer a unique digital loyalty program platform with a simple set-up at low cost, direct access to communicate and activate customers, reach to new customers, full customer journey data analytics and tailored branding. We are using proprietary Blockchain technology to assure simple and secure real-time exchanges.



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August 14, 2017, 06:39:32 PM
 #2

As per description seems little different than other ones. A bit more info could help well.
bejo terus
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August 14, 2017, 06:40:00 PM
 #3

reserving indonesian translation for ann and whitepaper.
thank you...
Loyaltycoin (OP)
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August 14, 2017, 08:15:04 PM
 #4

You can find our video here
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August 15, 2017, 03:49:45 PM
 #5

looks very interesting, just watched the video.

two questions:

  • why did you not run your service on bitshares?
  • did you honor the graphene fork with sharedropping?

Loyaltycoin (OP)
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August 15, 2017, 05:47:01 PM
 #6

looks very interesting, just watched the video.

two questions:

  • why did you not run your service on bitshares?
  • did you honor the graphene fork with sharedropping?

Thanks for your questions.
We are not running directly on Bitshares, because we ultimately would like to run our own blockchain, dedicated for Loyalty Programs.
Then, Bitshares is the best blockchain for our purpose due to the fantastic throughput and on chain exchange. We want our token holders to profit 100% from the exchanges on our platform and not let most of the exchange fees and platform value accrue to only BitShares token holders

Concerning sharedropping, we are not currently planning - but will consider it

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August 15, 2017, 05:50:22 PM
 #7

It is interesting concept even there have been few attempts to provide some solutions for loyalty market but didn't see any result. I can hope this team will really present workable and realistic approach and solution once for all. I will be watching closely for further developments.
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August 17, 2017, 09:50:55 PM
Last edit: August 18, 2017, 03:24:15 PM by Loyaltycoin
 #8

It is interesting concept even there have been few attempts to provide some solutions for loyalty market but didn't see any result. I can hope this team will really present workable and realistic approach and solution once for all. I will be watching closely for further developments.

Thanks for your positive feedback.
We are actually going live very soon and it will be working for real.

A very interesting aspect of this project is that we'll provide a way for the mainstream to deal with blockchain, without even noticing that they are using a blockchain.

Many news will come soon, when we install the points of sales, we'll try to release videos of user experience as soon as possible.
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August 27, 2017, 11:04:21 AM
 #9

LoyaltyCoin team is glad to announce our go live tomorrow morning.

As of tomorrow, customers buying shoes at Dune shop located at the following address, will be able to collect loyalty rewards, Dune Stars, using our LoyaltyCoin mobile application, currently only available on iPhone (Android will come soon).
LIMMATQUAI
SCHIFFLANDE 24
8001 Zürich
Switzerland

During the week, we will roll out our system in 3 other shops of Dune London and Phase Eight.
Customer will therefore be able to exchange rewards from one brand to another using our blockchain, through our application.

Statistics like number of users, points collected, exchanges... will follow.

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August 27, 2017, 11:07:42 AM
 #10

Having a real brick and mortar shop use your coin is a huge step forward. Looking forward to seeing more businesses using your coin as loyalty program rewards.
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August 27, 2017, 12:26:21 PM
 #11

We are waiting for the Swiss banks to switch to bitcoins. A gold reserve in bitcoins - it would be very cool. A Swiss watch, and Swiss cheese?

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August 27, 2017, 12:48:06 PM
 #12

Still can't learn much about this project, since there is still not much info available.
Please provide more info.
Thank you.
Loyaltycoin (OP)
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August 27, 2017, 04:33:55 PM
 #13

Having a real brick and mortar shop use your coin is a huge step forward. Looking forward to seeing more businesses using your coin as loyalty program rewards.

Thanks for your comment. It's indeed a great milestone for us.

Still can't learn much about this project, since there is still not much info available.
Please provide more info.
Thank you.

Indeed, we are currently very busy launching our product. Communication will follow, with stats, white paper and videos.
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September 07, 2017, 04:04:49 PM
 #14

LoyaltyCoin is now live since the beginning of this week in 4 shops in Zürich, with 2 brands.

Dune London (shoes store) :
Limmatquai, Schifflände 24, 8001 Zürich
Rennweg 57, 8001 Zürich

Phase Eight (women fashion store) :
Seidengasse 18, 8001 Zürich
Limmatquai 38, 8001 Zürich

In each of these stores, you can collect points when you buy (1 point for 1CHF spent) and when you reach 500 points, you receive a voucher (20CHF for Dune, 30CHF for Phase Eight) that you can spend in one of the participating store.

You can also exchange your points from one brand to another on a blockchain, using our mobile application.

The next days will be busy for the stores, and we expect many new clients.
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September 27, 2017, 01:31:33 PM
 #15

We have launched our blockchain based loyalty program in 4 shops in Zurich, Switzerland 3 weeks ago. The launch of LoyaltyCoin has been very successful!

Technology-wise, the blockchain and the mobile app have proven very stable.

For our partners, the program already demonstrates positive impact on their business. One example:  On the very first day after go live, a client came to a shop, bought enough to receive a voucher, and decided to buy other items to use the voucher. This increased the sale volume by 25% with respect to the initial budget of the client. For LoyaltyCoin, it is a big satisfaction that our system brings value to our retail partners

The number of app users is growing . We are working on a new version of the mobile application to offer an even better experience.

We have chosen a careful approach: We did not want to push too much at the beginning in order to identify all the possible unexpected behavior during the live testing of our system. This has paid off: We have been starting our without major issue. As nothing is blocking us, we are now pushing more and more the usage of the LoyaltyCoin program in our partner shops.
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October 04, 2017, 09:27:05 AM
 #16

We are very proud to share our first stats with the community:
We acquired 120 active users in the 4 first weeks of operations with a strong positive trend.

If you have not yet downloaded our App, please download our App “LoyaltyCoin” in your Apple or Play Store or click on the link on our website www.loyaltycoin.ch
We appreciate any feedback from you.
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October 04, 2017, 10:12:26 AM
 #17

We are very proud to share our first stats with the community:
We acquired 120 active users in the 4 first weeks of operations with a strong positive trend.

If you have not yet downloaded our App, please download our App “LoyaltyCoin” in your Apple or Play Store or click on the link on our website www.loyaltycoin.ch
We appreciate any feedback from you.


The question is this. How much will your application load the smartphone system? She's going to be resident there. And how to be sure that through your application the virus will not be introduced? Just being careful has not hurt anyone yet.

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October 04, 2017, 04:24:08 PM
Last edit: October 04, 2017, 07:19:26 PM by Loyaltycoin
 #18

The question is this. How much will your application load the smartphone system? She's going to be resident there. And how to be sure that through your application the virus will not be introduced? Just being careful has not hurt anyone yet.


Thanks for your reply. These are indeed valid questions.
We have been focusing mainly on iPhone application, and the Androïd application is deriving from the iPhone.
Then, considering the validation process of Apps by Apple, you should consider that you're safe downloading any application from the Apple store.
For the Androïd version, the validation process is much lighter, but I don't see any reason for us to spend so much time in developing a blockchain solution, mobile applications, creating a relationship with 2 retailers, to finally spread a virus with our application.

That being said, the Apple application is approx. 60Mb. This size comes mainly because of the Xamarin framework. As we use only standard components of Xamarin, I do not see, and did not notice, any overload created by the app on the phone.

Being careful doesn't hurt indeed.

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October 05, 2017, 10:54:08 AM
 #19

On Tuesday evening, we went to the Crypto Valley Association meetup in Zug, Switzerland, where two projects were presenting: Arkilio and Dether.
That was for us the opportunity to introduce our project to various fintech/crypto fans.
We had very good feedback especially when we said that we are live, which is not the case for many projects.

Friday evening, we'll be attending the meetup in Geneva and will inform you further with that respect as well.

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October 07, 2017, 06:38:38 PM
 #20

Friday evening, we'll be attending the meetup in Geneva and will inform you further with that respect as well.


As I was doing some demonstrations on our system in the Geneva Meetup, I had an interesting question:
"Why haven't you use the Bitshares ledger directly?".

Our answer:
We actually chose to fork Bitshares/Graphene technology because we first wanted to be able to control the transaction fees.
Eventually, as we wanted to be as independent as possible from the choosen technology, we created a layer, which bridges Graphene with our own tailor-made API developed for retailers.
This will give us the opportunity to change/adapt the blockchain with respect to Retailer's needs.

I'm happy to answer any of your questions.
Cheers.
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