What makes MB8 Coin different

What is the Loyalty?

Loyalty is a customer's willingness to buy from or work with a brand again and again, and it's the result of a positive customer experience, customer satisfaction, and the value of the products or services the customer gets from the transaction.
It might sound obvious -- of course, brands want to provide great customer service so customers will continue subscribing or purchasing. But customer loyalty is paramount to brands' success -- because loyal customers can grow business faster than sales and marketing.

The Importance of Loyalty

• Loyal customers are more likely to convert and spend with brands they like more often. Return and repeat customers generate as much as thrice the revenue per visit than other shoppers.
• Loyal customers also account for positive social validation. Social validation is often more effective than branded content and advertising. Customers who are referred via word-of-mouth marketing have higher rates of becoming loyal customers who spend more than the average customer.
• A high number of return and repeat customers indicate their trust in a brand and their products and services. This is beneficial for the business as customers choose to purchase from the brands they are loyal to, in spite of several brands competing in the market.
• Customer loyalty stems from the efforts made by the customer to deliver a high success rate every time they make a purchase from the same brand. This is why organizations also prioritize customer service, as they seek to retain their existing consumer-base by increasing customer loyalty.

Is the blockchain the solution?
Blockchain technology is an excellent solution for running network loyalty programs because they address many of these technical challenges. One of these solutions include creating a shared transaction ledger between all involved brand, implementing interchanging rules based on “smart contracts”, which is fraud and cheating protected. This Blockchain network will be a shared scalable infrastructure between brands from different sectors.

What makes MB8 Coin different?
MB8 Coin will be used as the 'fuel’ for the existing loyalty rewards network. MB8 Coin will be the first ever cryptocurrency that is released with a proven real world use and will be accepted as part or whole payment within the existing network of vendors and retailers. MB8 Coin is set to become the backbone of the rewards network that is already being used under white label by over 2100 businesses.

The benefits from building the loyalty system (Mb8coin) on the blockchain
There are lot of benefits from using the blockchain:-

• Book holidays online paying up to 100% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value.
• Buy products online paying up to 70% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value.
• Spend MB8 coin within existing and growing loyalty rewards network.
• Gain 5% p/a additional MB8 Coin rewards through staking.
• MB8 Coin will be listed on exchanges where customers will have the ability to trade the coin for other currencies.
• MB8 coin will be accepted by over 2100 businesses soon after ICO completion.
• The Multibuy App is being re-developed and will soon show nearest accepting business partners.
• Gain MB8 Coin while using the existing rewards platform.
• Reduced costs in running and maintaining the Multibuy rewards system.
• Increased business recognition and new customers from untapped areas.
• Industry first where a rewards system replaces its operating model to Blockchain technology.
• Opens the rewards system to anyone who wishes to participate.
• Ability to benefit from increased business from new customers and brand awareness.
• Ability to buy and sell the rewards tokens on the open market rather than from a closed source at a fixed price.
• Vendors will receive MB8 Coin at ICO and from all future customer redemptions on offers.
• Ability to accrue 5% additional MB8 Coin rewards p/a. (by staking)

Finally

Loyalty programs based on Blockchain where smart contracts will automate all transactions will make the management of loyalty programs smooth and autonomous.The data stored on blockchain will maintain privacy of users which will increase trust of brand among users. smart contracts will take care of everything, from transferring of tokens, converting tokens, validating users during rewarding and redeeming of tokens, thus creating a trustful environment between multiple involved brands.

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✅Website: https://mb8coin.io/
✅Whitepaper: https://mb8coin.io/%24whpdir/MB8%20Whitepaper.pdf
✅Twitter: http://twitter.com/MB8Coin
✅Facebook: http://fb.me/MB8Coin
✅Telegram Group: https://t.me/joinchat/HS6S5UljzEQlZR6nw0m61g
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3623567

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Details of the Author:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517

Multibuy swapping its Eurocredit Plus platform for cryptocurrency MB8 Coin

Multibuy has been running their traditional loyalty rewards system since 2005. Whilst extremely successful to date, a traditional rewards system can prove costly to run and manage especially when scaling the expansion to a global market. On such large scales, the central distribution and support is labour intensive, logistically difficult and open to fraud or abuse of the system.

What is Multibuy Group

Multibuy Company and its loyalty rewards system have been growing at a tremendous rate over the last decade. Businesses that have white labelled and utilise the loyalty rewards system to give back to their loyal returning customers are often referred to as being on the Multibuy circuit. All companies on the Multibuy Circuit will accept part or whole payment on products and services with Eurocredit. Many new platforms have been introduced over the last two years to help connect businesses on the Multibuy circuit and the 200,000 + customers using the loyalty rewards regularly. Our most successful platform to date is Multibuy Travel, this is an online platform were customers can book holidays paying up to 100% in Eurocredit with travel destinations registered on the Multibuy Circuit.

Multibuy changing from Eurocredit Plus

Already proven and highly successful, the expansion of their Eurocredit Plus loyalty rewards system was an obvious opportunity to utilise the efficiencies which Blockchain technology brings. By replacing our traditionally “closed system rewards model” we aim to expand to many new markets, leveraging the innovation of this exciting space. This transition will also allow for the platform to be greatly enhanced and expanded for the benefit of all participants. After the launch, our existing Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin.

MB8 Coin will be used as the 'fuel’ for the existing loyalty rewards network. MB8 Coin will be the first ever cryptocurrency that is released with a proven real world use and will be accepted as part or whole payment within the existing network of vendors and retailers. MB8 Coin is set to become the backbone of the rewards network that is already being used under white label by over 2100 businesses.

Blockchain Solution

Blockchain allow Multibuy to streamline the scaling process and save on running costs. After deeper investigation and consultation, the additional benefits of switching to a cryptocurrency based reward token are:

• Through participation in securing the network you can be rewarded 5% annual growth, in the form of additional tokens.
• MB8 tokens are distributed via an ICO to the public, new and existing business partners.
• Inability to fraudulently issue or create additional MB8 rewards tokens.
• Borderless and immediate transactions, perfect suited to the modern global market.
• Utilisation of the MB8 token via peer to peer gifting and trading on crypto exchanges will allow true price discovery to take place.
• Attract new customers to utilise the rewards platform, as well as bringing many new vendors, businesses and holiday locations to the rewards network.

Mobile App

Multibuy launched its first mobile app at the end of 2017 and plans to introduce new and improved features to allow customers to locate and interact with business partners accepting MB8 Coin. Linked to your pre-paid debit card, the app also doubles up as a hosted MB8 Coin Wallet which you can use to send and receive your coins with retailers, individuals or crypto exchanges.

The New Rewards System

Finally

Multibuy wanted to add security and transparency to their rewards system. Early tests demonstrated this technology was the perfect fit to replace their current technical solution. Developing their own chain allows them control over the distribution, integration, support and expansion of the network.

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✅Website: https://mb8coin.io/
✅Whitepaper: https://mb8coin.io/%24whpdir/MB8%20Whitepaper.pdf
✅Twitter: http://twitter.com/MB8Coin
✅Facebook: http://fb.me/MB8Coin
✅Telegram Group: https://t.me/joinchat/HS6S5UljzEQlZR6nw0m61g
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3623567

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Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517

Freldo - The Platform Created for The Development of Small and Medium Businesses

When you run a business, the world gets a lot more complicated. You’ll find yourself faced with a plethora of issues and decisions that most people never have to consider. Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge.

What is Freldo

• Freldo is a platform for effective promotion of goods and services, created just for the development of medium and small businesses.
• Manufacturers and traders have the opportunity to advertise their services, to attract new customers, thereby increasing sales volumes.
• Users can find the products and services they need using the feedback left by grateful customers.
  They can share their impressions on business services and earn money to make new deals.

Freldo Goal

• Freldo network was created as a practical solution to the everyday problems faced by individuals and small and medium businesses.
• Freldo goal is to lead a revolution in the services market by implementing blockchain technology to the business-client relationship, providing small businesses with the tools of large networks and companies.
• Helping in development of small and medium businesses, Freldo network has created a platform where customers can quickly and easily find a quality specialist at the best price, and specialists can successfully develop, while securing the transactions of all network participants with the help of smart contracts.

Martket Issues

1. For Small Business

• High commissions and various fees for users of sites and payment systems.
• The buyer's lack of confidence in the seller.
• Small business services.
• Impossibility to present your service in a qualitative way.
• Technical imperfection of most existing sites.
• Expensive marketing.

1. For Customers

• A potential customer easily finds on the Internet the offers of large corporations.
• There is not enough presentation material.
• It is impossible to verify the reliability of customer feedback on the services offered.
• Many Internet sites require prepayment, but do not provide any guarantees.

Freldo Solution

Freldo solves many of the problems faced by modern services markets by offering:

• Quick and convenient search functionality using specified parameters.
• No fake reviews (users recommend services to friends and relatives, which means they are not incentivized to deceive)
• Order of goods and services directly from their Freldo account.
• Safe transactions and transparency thanks to blockchain and smart contracts.
  Freldo helps save your time, taking into account important search criteria such as specialist, time, quality, and price.

The Platform

• The Freldo platform is a symbiosis of a social networking for communication and a trading platform for doing business. Thus, this social network is used as a new type of marketplace.
• Freldo is great platform to share experience. Everybody know that the best way to get good specialist – ask for friend’s advice. At Freldo network you will meet many friends, who will recommend you qualified, reliable and responsible specialist for good price.

Finally

Freldo has become an effective communication platform on which the consumer can easily find a supplier of quality and low-cost services. And the entrepreneur has only to make sure that their work was satisfactory to the customers. Advertising of their activities, in this case, will be effective automatically. Today, no other social network will offer you these conditions.

ICO [16.07 - 17.09]
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Whitepaper: http://ico.freldo.com/wp-content/uploads/2018/06/WP-Freldo.pdf
ICO: http://ico.freldo.com/
Website: https://freldo.com/
Your BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517