The success recorded in Incent ICO is giving the customer loyalty reward platform strong incentives to provide a system which will benefit both customers and merchants. The loyalty reward scheme may be running an crowd funding Initial Coin Offer to deliver funds for establishment with the systems and increase of its capacity.
The ICO has been running since 1st October 2016 which is expected to run for as much as 8 weeks or until a real time once the cap of USD 5 million is reached or whichever comes first.
The ICO represents an opportunity to possess a holding of crypto currency aimed at squarely with the disruption from the mainstream industry ripe for exploitation. Playing ICO will enable Incent to built an industrial prototype and develop a strong operating framework.
Incent is run by BitScan Ltd Pty, a business domiciled in Australia. BitScan is allowed through international banking facilities to function globally with HSBC through the subsidiary BitScan HK.
The fact that the business has its own bases in the UK, Australia, and Mexico allows it to work and be active throughout high of any Round-the-clock period.
The funds are primarily being sought to create commercial operations and expand technical, financial, compliance and business development teams. There are also intends to establish an overarching Advisory Board corresponding to the techno finance nature of the business.
The ICO gives the investors the opportunity to acquire an “exitable” holding and also release the Incent Token into circulation along with setting the initial market price.
System is constantly on the receive praises and recognition from different quarters. The main Executive Officer of Waves , a block chain ecosystem, Sasha Ivanov recognized the possible being tapped by Incent Rewards and may not hide his excitement about this development, recognizing becoming a first in the industry. “The first, universal merchant-backed loyalty platform,” said Sasha while adding they may have built Waves for applications like Incent. “I’m happy to announce our partnership about this exciting project,” added Sasha.
Based on Incent Ceo, the ICO is full swing, they’ve flourish in raising 957.96003718 BTC for the past twenty days since the opening with the Initial Coin Offer, 791096.38093931 Waves have been raised in support of $4,200,388.69 remaining to ICO close.
Incent uses block chain technology to produce transferable and freely tradable crypto tokens could be shared between your businesses who form part of the Incent network. The merchants can then utilize the tokens to reward their loyal customers. The rewards can be given through instant crediting on their wallet and also have them accessed over the cell phone or web browser.
Redeeming the rewards is not only limited by one retailer, the consumers will use it in any business the industry member of the Incent Loyalty program. And also the Incent rewards can be gifted to customers or basically traded for “Fiat” along with other digital currencies.
With Incent making it possible for instant settlement it comes with rewards may be used in real world means that it is a great incentive to raise the consumer retention. Analysts notice that a growth with the amount of participating businesses in the platform, value of finite variety of reward token can also be set to boost.
Incent partnership with Waves platform a block chain eco-system, in which the tokens will be issued supplies the company with a smooth channel in which the merchants will not need any additional tools to relish the rewards supplied by the reward scheme. Also by being over a block chain, it might be just like Bitcoin will it runs using an evidence of stake model with circulation mainly driven by transaction level of the merchants.
When it comes to deciding the price of Incent, the CEO asserted the market forces will rule but added that since merchant dollars will continually drive demand the physical conditions are anticipated to become stable and liquid with assets appreciation backed in from your first day.
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