About SMT ( SMATHIUM)
Nowadays, we've come to know about a lot of blockchains, where so many cryptocurrency platform are built on, and each of these platforms has been tried, tested and proved, while some blockchains are standard and can face the test of time, some others are frail and wraps up with the first blow of a major challenge, making them pack up and desert the cryptocurrency market.
Since the inception of cryptocurrency and blockchains, it has become even more difficult to find a blockchain that affects our day to day activity and daily lives, Smathium has an experience of over a decade of professional e-Business management and on global network. Smathium's intention is to search out issues affecting the global market and to solve them, they are also aimed at establishing an effective and efficient business model by applying Blockchain technology in the loyalty program.
The Situation of Current Loyalty Market
As the year goes by, the loyalty market program grows steadily, by 2023 it is expected to reach 6.9 billion dollars, about 52.3% of customers joined the loyalty program, also to the majority of participants, the loyalty program is connected to the brand. It was recorded in North America that customers joined 13.7 loyalty programs averagely, and about 87% of them earnestly wants loyalty program especially for customers that loyal. Statistic shows that customers that are satisfied with the reward program recommends following brand to their acquaintance, the result of a successful loyalty program gives positive influence to the brand's image and sales.
Challenges confronting the global loyalty market
Closed structure : in order to be able to tie a user to aspecific brand or product also known as lock-in, all existing loyalty programs have a closed structure which creates a limitation to the using or trading of reward somewhere else. Due to this the right of a customer is no longer put into consideration, and by liming usage customers consequently abandons loyalty program and reduces its quality.
Brand tied platform : The already existing loyalty program has an attitude of monopolizing trade done by a central server. Therefore the brands, most especially the micro-enterprise are then tied to the platform, the current platform gains momentum, monopolization of the market. The structure becomes open to hacking and outside attack since it saves all the customer's data in a central server.
Lack of differentiation and insufficient rewards : following the report of the COLLOQUY, about 57% of customers do not know about the amount of points they own and about 37% didn't have a glimpse of the actual value of the point.in North America alone the reward points that expires each year is worth 10 million dollars, and in year about 36 million reward points expires.
Visions Of Smathium ( SOLUTION )
- Open Reward Structure: The smathium platform looks forward to not just having a single point that is used by a specific/particular brand, but to have an integrated point that can be used by all partners of brand smathium. With this step the problem of closeness in a loyalty program will be solved. As a plus, the Smathnium Token will solve theproblem of the inconvenience customers face by using reward points in the real life and the difference in value of the country's currency.
Sufficient and differentiated reward system: Smathium finds it possible to provide a differentiated loyalty program that will reflect the brand's specialty and membership to the customers. Via the Smathium platform, each brand will spend less on management and resource expense, the benefit can also be returned to the customer, while the number of rewards for the customer can be increased.
Improvement of Security and transparency by combining blockchain technology: A token system that is integrated as an open reward structure brings about free movement and transaction between countries via the transparency of smart contract. The security is also strengthened via the dispersed saving method of the transaction details, a brand will not be tied to a platform and a customer can now enjoy a reliable benefit.
Token Information And ICO Details
PREICO TIME : 2019-04-19 - 2019-05-06
ICO TIME : 2019-05-13 - 2019-07-29
Token info
Token Name: SMT
Platform: Ethereum
Type: ERC20
PreICO : price1 SMT = 0.003 USD
Price in ICO : 0.0060 USD
Average price : 0.01 USD
BONUS
pre-ICO: 50% discount
ICO as IEO: 10% discount
Tokens for sale : 4,000,000,000
Investment info
Min. investment: 10 USD
Accepting : ETH
Distributed in ICO : 40%
Meet The Team
Conclusion
The smathium platform is a reliable platform built on Ethereum blockchain technology, their mission is to erase poverty and better the global loyalty market improving brands images and sales, Smathium will solve every problem and challenges confronting the loyalty market, implementing easy ways to meet with the needs of its customers and also brand owners, with over ten years experience in the e-Business management and global network, Smathium is sure to change the global loyalty market.
For More Informations:
Website: https://smathium.io/
Whitepaper: https://drive.google.com/file/d/14AOnnmRhb74E1OQ0ggofj2ZlOcgIq3SH/view?usp=sharing
Facebook: https://www.facebook.com/smathium
Twitter: https://twitter.com/smathium
Telegram: https://t.me/joinchat/AlZnIk2fqNN1BK0PFTPNFw
ANN: https://bitcointalk.org/index.php?topic=5129264.msg50507246#msg50507246
Authors Details
Bitcointalk username => kingairdrop
Bitcointalk profile link => https://bitcointalk.org/index.php?action=profile;u=1862137