Our views -
1) Direct Blockchain based Reward system will make the transactions slow, costly and inefficient. We have not reached that level of scale in transactions required for consumer / fashion industry as on date.
2) Non tech savvy customers will find the new system complicated and turn away from the portal.
3) Look at CarryKoin e-Commerce thread. We have explained how to have simple reward points on a centralised database platform and hedge it with the digital coins running on a decentralised Blockchain.
Hope it is useful for you. All the best.
Team CarryKoin
Our views -
1) Direct Blockchain based Reward system will make the transactions slow, costly and inefficient. We have not reached that level of scale in transactions required for consumer / fashion industry as on date.
2) Non tech savvy customers will find the new system complicated and turn away from the portal.
3) Look at CarryKoin e-Commerce thread. We have explained how to have simple reward points on a centralised database platform and hedge it with the digital coins running on a decentralised Blockchain.
Hope it is useful for you. All the best.
Team CarryKoin
Making statements based on the title is negligence at best, and
that level of negligence poorly reflects on your capacity to deliver a product. 1. It's built on a native, scalable chain with near-inexistent gas fees.
2. Hence, the Member app is designed with a familiar app UX. People won't even know they are dealing with a blockchain product.
3. I looked at your project:
a. First and foremost, $1M bounty means you have a lack of regard for your token.
b. You are an exemplification of the typical ICO that pursues loyalty points: no competitive edge; no go-to market; no leverage to integrate the system into merchants. On the other hand, apM has something token sales, a novel form of VC, needs to
not get rekt:
- Already a major fashion wholeslae operator with 1.5M custoemrs and 1,300+ brands in its network. That's called a
go-to market and is essential to cash flow and value to a token.
- Proven operations; company has existed for 20 years and has
proven growth.- Over 1,300 brands operate within apM's ecosystem, giving the company a massive competitive
advantage and leverage.
Last but not least, the network integrates a two-token model. While oen focuses on loyalty, the other allows the merchants to not only use apM chain as a CRM, but also as a payment gateway, bypassing payment card fees. The loyalty points are convertible to apM Cash.
