SPONSORED
Welcome to ReverseDAO - Rewards in the Metaverse, a project that connects real-world loyalty rewards and crypto-assets!
The loyalty programs market capitalization in 2020 was at USD 1.6 trillion, with only a 7% redemption rate - up to billions of dollars in reward points and virtual points expire and go to waste every passing year. Assets are unfortunately scattered across many different platforms, with varying expiration dates and values, combined with unfair rules against customer usage, making it inherently difficult for consumers to manage their earned assets. Conventional reward pools have been using up to 95% versus Cryptocurrency, which occupies 5% of the market size. Apart from these, the Metaverse is a new industry and concept, spurred ahead by a 'wild west' growth and development speed, with no unified payment gateway nor method of valuation or single, tradeable marketplace for assets.
ReverseDAO is a solution to all of the problems above; it is a platform that connects the Metaverse with real-world assets. Fiat and economic units that are bound with world assets can now be represented, stored, and transferred onto the blockchain just as easily as cryptocurrencies. Below are ReverseDAO's LEAD(key) features:
(L)Loyalty-as-a-Service
Non-fungible tokens (NFTs) are exploding in popularity in the form of digital arts, music, collectibles, and more. ReverseDAO ensures loyalty rewards are NFTed and function as a tradeable asset. NFTs are also an emerging segment in the global gaming market: virtual tokens for digital scarcity, security, and authenticity. With brands such as McDonald's and
MasterCard joining the NFT industry and giving away NFT as a reward instead of traditional loyalty points, this is the first step to mass adoption of digital assets and crypto-wallets. Using our NFT rewards protocol, loyalty and assets can now be stored and transferred onto the blockchain; spending and transferring loyalty and assets are just as easy as cryptocurrencies.
(E)Trade-to-Earn / Community Mining
- Users can engage in community mining and earn $RDAO through making positive contributions to the community.
- Including but not limited to:
- Trading Assets NFT
- Playing Minigames (Play-to-Earn)
- Purchase Products on Re:Verse Marketplaces
- Purchase Products using Re:Verse Pay/ Re:Verse Prepaid Card
(A)Aggregate the scattered rewards
With 2,000+ merchant partnerships, Re:Verse Swap will aggregate the shattered loyalty rewards to create the ground-breaking liquidity across various merchants; it will enable
customers to customise and swap their loyalty rewards. Loyalty rewards will no longer expire and waste; customers will fully utilise their spending; businesses will realise the revenue.
(D)DAO/Multichain
We aim to disrupt both the loyalty/assets market and the crypto and metaverse market. In the current loyalty and assets market, the centralised ownership and control for platforms and assets limit ownership and usage for consumers. With the Usage of DAO (Decentralised Autonomous Organisation), we can ensure complete transparency among all platforms and users, changing the current loyalty platform/ market rules. Using our Multichain protocol,
storing and converting your NFTs and virtual assets from chain to chain can now be just as easy as crypto tokens.
ReverseDAO aims to emphasise technology, quality user experience and be one of the frontrunners - as the first metaverse loyalty platform in this high-growth space. ReverseDAO is set to become a bridge between the Metaverse and real life.
Team
ReverseDAO is not just another start-up, the team consists of professionals with years of experience in the loyalty reward market, blockchain/crypto asset marketing, retail marketing, and institutional PR industries.
ReverseDAO progress
On-going partnership buildup
ReverseDAO team has locked up 2,000+ merchant partnerships and received backing from V.Systems founded by Sunny King as infrastructure support and the financial backing of listed company ChinaNet online ( NASDAQ: CNET) and Mastercard.
Fund-raising
ReverseDAO has completed the seed round funding with a 100% achievement, which makes up USD1.4m. Moving forward, the team will proceed to the private sale funding and kickstart the public sale preparation by the second quarter of 2022.
ReverseDAO Marketplace
The team has built up the marketplace beta version with 2,000+ merchants and a fiat + crypto payment gateway and expecting the official launch by Q2 in 2022. ReVerseDAO Social Media Link:
Discord: https://discord.com/invite/Ych8ZBh76X
Twitter: https://twitter.com/RDAOReverse
Telegram: https://t.me/ReverseDao
Medium: https://medium.com/@ReverseDAO
Website(Pre-IEO version): https://reversedao.io/
Market data:
https://www.beroeinc.com/category-intelligence/loyalty-programs-market/#:~:text=The%20gl obal%20Loyalty%20Program%20market,billion%20between%202020%20and%202022. https://www.lifestyleasia.com/hk/culture/the-