Gabrotech allows customers of different merchandise and services companies to forgo multiple memberships in favor of a single account - thereby revolutionizing the loyalty points process.
With an average American family enrolled in roughly 25 different loyalty programs, it is increasingly becoming difficult to keep track of points collected, whether used or expired. Gabrotech solves this issue in a decentralized manner by providing a single point of storage and offering instant redemption through its native GabroCoin.
With loyalty programs reaching an astounding USD 500 million this year alone, the industry is surprisingly inefficient. Depending on what kind of services or products are offered by a company, the utilization is as low as 3 percent. There are multiple reasons for this:
Gabrotech is a blockchain platform that is designed to disrupt the loyalty program industry by providing a one-stop solution to all the issue faced today. By allowing different companies to shift their loyalty program on its network, the platform offers a single wallet from where users can check their earned points and redeem them.
The ability of instant transactions, a core ability of blockchain technology, will drastically reduce the time taken for realization and spending of the points. The platform has designed the whole ecosystem for every kind of user:
The platform is powered by its native token, the GBO. Currently, there is a token sale running, which starts at the end of June, with 1 ETH fetching 5000 GBO. 5 or more ETH invested generates a bonus that varies from 10% to 20% and potentially higher. Potential investors can visit the website and check out the demo!
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