Every day, making a purchase at a store or having lunch at a restaurant, people receive yet another loyalty card. When certain conditions are met, the clients are supposed to receive a bonus for their use. Most people today participate in at least 15-20 loyalty programmes, even though it is very time-consuming to fulfill the conditions of each.
What is WULET
WULET is a platform that will provide its users with the opportunity to receive cashback from everyday purchases in the form of cryptocurrency. This platform will make possible the management and exchange of bonus points between loyalty programmes of various companies. This will allow the client to always have at hand the points they most need.
WULET Goal
WULET aims to incorporate the use of cryptocurrency into everyday life and to create a single personal account to unite and conveniently manage all loyalty programmes.
WULET Targets
- Popularise the everyday use of cryptocurrency by creating a blockchain platform that will allow clients to monetise all available bonus programmes, and contractors – to save resources and attract new clients.
- Help clients get rid of a huge number of loyalty cards by uniting all programmes into one easy-to-use
application. - Create a platform that will allow its users to receive cashback in the form of cryptocurrency.
- Unite a wide network of clients and register the highest number of contractors possible.
- Widen the range of products offered on the internal online store.
Features of WULET
- Payment information is uploaded onto WULET using a QR-code.
- The bonuses from all networks are accumulated in your unified crypto-balance.
- You can spend your bonuses in partner marketplaces, save in the form of cryptocurrency, or sell them on an exchange.
- All discounts and promotions are located in one app, WULET, and you don’t need to go through each programme individually.
- You get benefits, and the store gets a loyal client.
The Problem
- Companies launch loyalty programmes not only to keep their current clients, but also to attract new clientele with favourable conditions. However, many of these programmes are not successful.
- Most clients don’t even know the number of points on their loyalty card balance. This is hardly surprising, since about 20% of participants never use their bonuses at all.
WULET Solution
- All the bonus points of loyalty companies that implement the service in their activity will be transferred to blockchain.
- When a new partner company joins WULET, its clients will be automatically awarded the bonuses they’ve accumulated by participating in its loyalty programmes.
- Any user will be able to exchange the bonus points of one loyalty programme for the bonuses of another at the WULET exchange rate.
- The user will be able to buy WU-tokens to purchase bonus point of loyalty programmes of WULET partner companies.
- WULET will benefit from the commission earned on the purchase of bonus points on the internal exchange.
- The growth of the WU-token exchange rate will be ensured by the user demand for them to make purchases on the WULET exchange.
- The emission of loyalty bonus points of WULET partner companies is unlimited. The bonus points disappear after being used.
- WULET will help partners understand their target audience and estimate the effectiveness of their advertising campaigns.
- Partnership with WULET will allow companies to:
1 Continue using their current loyalty programmes.
2 Advertise those loyalty programmes, increasing brand popularity. - The exchange rate of bonus points on the WULET exchange will match up with discounts that are offered for fiat money. This will allow to resolve the problem of the volatility of the bonuses while also making it impossible for big investors to speculate.
Finally
WULET can be employed in all spheres that involve loyalty programmes in their activity, from restaurant chains to gas stations. They decided to choose the foodservice industry as a starting point for WULET, since in their opinion this sphere has the highest potential for growth.
✅Website: https://wulet.io/
✅Whitepaper: https://wulet.io/whitepaper_en.pdf
✅Twitter: http://twitter.com/wulet_io
✅Facebook: http://facebook.com/wulet.io/
✅Medium: https://medium.com/@wulet.io
✅Telegram Group: https://t.me/wulet_io
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3914798
Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517