We are building an omnichannel loyalty ecosystem that will be the next generation of customer loyalty, or The Loyalty Economy. This ecosystem, which will include a new virtual currency, a digital wallet, a series of white label apps and other supporting software, and a coalition of supporting merchants, is set to change the current uninspired and value-deficient rewards points system to a value-focused, digital-based rewards system that will stand head and shoulders above traditional rewards programs. This virtual currency spearheading this new system is LoyalCoin.

Read our whitepaper here for more details

Plan and Vision

Imagine if the arbitrary, expiring, and limited points you earn from dozens of customer loyalty programs you don’t really keep track of are converted into permanent, wide-reaching, and tradable digital tokens that multiple merchants issue and accept under one unified system that easily trumps the traditional rewards arrangements we have now. As a virtual asset backed by blockchain technology, LoyalCoin makes that possible. And LoyalCoin’s use of this blockchain technology will enable a revolution in the customer loyalty space. The full extent of LoyalCoin’s capabilities will be exhibited through the LoyalWallet digital wallet, which enables one-tap earning of rewards, switching of rewards into more assets than ever before, and more. And LoyalCoin will be issued through the LoyalCoalition, a group of merchants that believe in our customer loyalty vision, as well as through merchants that make arrangements with LoyalCoin for the acceptance of our digital customer loyalty token.

With these revolutionary components of the loyalty ecosystem we are building, we aspire to be the company that changes the whole customer loyalty landscape into an ever-encompassing, omnichannel solution for customer retention and satisfaction.

Track Record and Opportunity

Appsolutely Inc., the company behind LoyalCoin, is a Southeast Asian startup that has delivered and patented the first mobile-based digital customer loyalty system in the Philippines in 2014. Since then, the company has launched digital customer loyalty solutions for dozens of merchants and companies, some involving global and market-leading brands, for more than 2,000 merchant locations, reaching more than 2 million active loyalty program participants in the process.

This is a key advantage LoyalCoin has in the cryptocurrency world. Most virtual currency launches are funded on the strength of the business plan they have set out. For LoyalCoin’s case, we have built the general infrastructure enabling the omnichannel, universal loyalty system, and we are showing a demonstration of such technology even before LoyalCoin’s TGE. For us, this TGE serves as a vehicle for us to widely and rapidly launch this technology we have developed, as well as to link with international companies for the mission of achieving the global loyalty system we have envisioned.

LoyalCoin Features

* Universal Rewards Redemption on Participating Merchants
* Live Tracking and Consolidation of Rewards Points Across Participating Merchants
* Payment Gateways and Digital Payments Facilities
* Digital Asset Exchange and Conversion, Including Points to Other Currencies
* Peer-to-Peer Transfer of Rewards and Exchangable Assets
* Hybrid On-chain/Off-chain Design for Faster Transactions

Roadmap

November 2017: Proof of Concept for LoyalCoin, LoyalWallet, and White Label Apps
December 2017: Security Audit
First Quarter 2018: Public Launch of LoyalWallet, LoyalCoalition, and White Label Apps, and LoyalCoin Expansion Into US and Thailand
Second Quarter 2018: Launch of Credit Card Integration and External Conversion Capabilities
Third Quarter 2018: Launch of Payment Gateways for Digital Channels, Digital Payments Facility for Merchants, and Artificial Intelligence Features for Loyalty Programs, LoyalCoin Expansion Into The Rest of Southeast Asia and Europe

* We note that some of the milestones planned here may be moved to later or even earlier dates depending on circumstances, as we are actively in talks for partnerships with international companies that have expressed interest in LoyalCoin this early.

LoyalCoin Launch Details

Total Coin Supply: Maximum of 9,000,000,000 LoyalCoin (LYL)
Total Coin Supply to be offered during TGE: 4,750,000,000 LYL
TGE Target: $12 million
TGE Cap: $19 million
Estimated Conversion: 1 XEM = 50 LYL
Accepted Currency: ETH, BTC, XEM

Team
Patrick Paul Palacios, Founder, President, and Chief Executive Officer
Nitin Chawre, Chief Operations Officer
Nigel Hughes, Chief Technology Officer
Harvey Perello, Chief Digital Officer
Narciso Villanueva Jr., Head of IT
Richard Funk II, Head of Legal and Compliance
Anthony Vipond, Senior Blockchain Developer
Rommel Pajarin, Sales Manager
Justine Peralta, Product Manager
Paul Samillano, UI/UX Designer

Board Advisors
Lon Wong, President of NEM Foundation
Stephen Chia, Regional Head for Southeast Asia of NEM Foundation
Jason Lee, Global Director for Partnerships and Strategic Alliances of NEM Foundation
Nelson Valero, Council Member of NEM Foundation
Mike Onghai, Chief Executive Officer of Snowy August Management and LookSmart
Andrew Ong, Owner and General Manager of Gong Cha Philippines
Alan Soucy, Chief Executive Officer of SparkPR
Solomon Castro Managing Director and Senior Advisor of CFP Transaction Advisors
Hector Florento, Finance Director and Senior Advisor of CFP Transaction Advisors
Steven Tan, CEO of Assuret LLC
Jay Fajardo, CEO of Launchgarage and Proudcloud
Jojo Flores, Co-Founder and Vice President of Operations of Plug and Play Technology Center
Yobie Benjamin, Founder of Token Inc. and Chief Technology Officer of ClickSWITCH

Official Channels
Website : Blog : Telegram : YouTube :  Facebook : Twitter
 
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