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I’ve been working on Incent for the past two years. It’s what I believe to be a proper real world application of crypto and blockchain tech for the mass populat
by ko3us 8y ago
I’ve been working on Incent for the past two years. It’s what I believe to be a proper real world application of crypto and blockchain tech for the mass population.
It is a global reward platform that allows people to earn cryptocurrency as a reward for purchases, browsing online, viewing video.
My goal is to be able to incentivise any activity. The idea is that I want to be the Stripe for rewards and loyalty.
I’d love your feedback.
- _lol 8y agoIt looks like you're trying to do a cashback site with crypto instead of cash - which is the ultimate fungible store of value. Maybe you can elaborate on what does adding crypto bring to the table?
- ko3us 8y agoGood question. So right now the marketplace is a “cash back” site. But the biggest difference is that with cash back it’s not instant. With crypto, we are able to instantly reward you for a purchase online. We also have just released our bank integration piece that allows users to link their card, similar to Acorns etc, and when a transaction occurs we immediately reward it using Incent crypto. The benefits for the user are: - it’s real value - you can send it to anyone - there are no expiry dates - you can exchange it for cash or soon for gift cards and a debit card - you can donate it For the merchant, there is no liability in the future. They pay to buy the crypto, then send it to a user and the user can use it back on the store, which essentially means they are giving it back to the store.