Rewardsplus
Rewardsplus (REWARDS+) is a Solana Program Library (SPL) Token, which is the core of the Rewardsplus ecosystem. The users will be rewarded with REWARDS+ token on their Rewardsplus wallet app where they can hold or exchange with BTC, ETH, XRP or USDT.
Rewardsplus is a Join-To-Earn, Shop-To-Earn and Pay-To-Earn Loyalty Platform Designed, Developed and Managed by WTMakers
The WTMakers provides a simple and easy way to earn REWARDS+ tokens, these are the indigenous minted SPL tokens on Solana blockchain network. Everyone who signs up the program via the REWARDS+ mobile app or web page can earn REWARDS+ tokens. There are various ways to earn REWARDS+ without investing money.
The REWARDS+ is designed to be used as a valuable asset in many commerce, in the beginning it is purposefully focused for e-commerce platform. It’s like cashback and loyalty points in traditional business, with REWARDS+, the user can use WTMakers Rewardsplus mobile app to do payment and shopping online.
One important existence of REWARDS+ is to contribute a portion of its business benefit towards the social charity and climate protection.
The REWARDS+ program is designed to offer members an exclusive and seamless redemption experience, allowing them to maximize the value of their accumulated points. As the targeted redemption phase approaches, members are encouraged to explore the available options and take full advantage of their earned rewards.
About WTMAKERS
The WTMAKERS is a technology enabling IT firm, It was started the journey in August 2017. The mission was started with two core members of the company. The foundation is established and supported with additional two core persons and then till now the four-member group operating the business. The WTMakers is committed to implement its own indigenous products in digital payment space. It’s innovative formula, agile approach of development allows it’s partners getting real business advantages by saving time, increasing sales, reducing costs, and enhancing customer loyalty.
REWARDS+ Business Model
n a very simple way, the REWARDS+ is a digital asset that is made to be used in a loyalty program offered by retailers. The WTMAKERS facilitate the loyalty program via REWARDS+ Tokens using the Solana network. The relationship between these three entities looks like the picture below.
When the users use Rewardsplus app for Shopping at our partners Brands or stores, the partners pay Rewardsplus sales commission from X% to YY% of the total value. The WTWMAKERS share some of this commission back to the users in REWARDS+ tokens and keep some as revenue as described in F. 3.1 picture.
Rewardsplus benefits
One of the most recognized promotional mechanisms today, rewards promotions benefit consumers and businesses alike. As per our reward program, retailers give REWARDS+ Tokens to their customers on every product purchase. Users can utilize these REWARDS+ Tokens for cash redemption or for purchases in our online shop.
The user receives REWARDS+ Tokens as part of the rewards program, where a company provides incentives to encourage specific customer behaviors.
The referring advocate who is sending the referral should also be given a reward in exchange for telling their friend.
Their reward should be in the form of loyalty points, not a straight discount
Adding these two changes will incentivize your customers to make referrals, since there is now a benefit to them and not just to their friends. Having their reward in the form of points instead of a discount will then motivate them to perform other earning activities to increase that points balance, which in turn should help their next purchase be even larger than if it had been the original plain discount.
A referral customer rewards program that benefits the sender and the receiver is the best way to use referrals to generate new, low cost-per-acquisition sales for your business, all without having to spend as much on the increasingly expensive acquisition through ads.
The far most benefit is contribution to the society, WTMakers committed to spend a portion of its income in charity work, it could be in International NGOs, Animal Charities, Health Charities, Education Charities and Environmental Charities