Very nice project, It makes me interesting to join your project. I have question to team, that how you are different from DigitalBits Project as they are also working on Loyalty Reward Program?
Hi there! Thanks for the question and interest!
Whats unique about Momentum is that each of the digital currencies launched on the Momentum platform are backed by brick and mortar companies products and services and therefore carry real-world intrinsic value (unlike 99.9% of digital currencies which are speculative digital currencies) which eliminates volatility both for the brand and for the users.
Momentum also features an automated marketing and communication engine, allowing brands to determine the rules for rewarding their customers, suppliers or charitable beneficiaries with digital coins backed by real value. The rules can be set quickly and changed rapidly as the system learns and can be related to purchases, loyalty, attention, insights, customer activity such as coming to a physical shop, attending an event or writing a review or for becoming socially involved or helping others.
Customers can enjoy the digital currency with the brands they love, or they can save it, gift it or exchange it into other digital currencies. Since Momentum allows companies to generously reward brand loyalists for becoming involved, creating content, becoming active influencers it will become a source of income for people around the world, creating jobs and bettering the lives of many. Momentum allows brands to efficiently reach people they never would be able to reach before and turn them into loyal customers who get involved, drive brand value, boost business and help improve products.