Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin,there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
REVIEW OF SMATHIUM
SMATHIUM is a blockchain-based loyalty platform aiming to solve the key challenges facing traditional loyalty programs. A decentralized Application (dApp) where all businesses can create their own loyalty reward programs powered by a single token. A single united loyalty point system in small on/off-line retails around the globe involving everyday life. Cafe, restaurants, grocery store, and even shopping mall. A survey by CodeBroker shows that at least 54% of consumers are frustrated with their loyalty reward programs.
The reasons for the frustrations include lack of differentiation and the fact that the majority only provide limited benefits. Also, implementing a robust loyalty reward program tends to be ridiculously expensive locking out the majority of businesses. While incumbents such as departmental stores and airlines can afford to provide high value membership programs to their customers, small and medium enterprises cannot. Smathium aims to bridge this gap by building a multi-business loyalty reward platform that is open to all types of businesses.
At the heart of this platform is the goal of creating long term value for customers rather than serving as a short-term promotion. As a unified medium of exchange between users and brands, Smathium token can be used for transactions across all businesses registered on our platform and can be traded in exchanges. Moreover, Smathium is creating an additional feature where brands can connect their existing loyalty programs to a blockchain network.
BENEFITS OF SMATHIUM PLATFORM
Enjoying Membership Benefits Like That of a Department Store
Anyone including app businesses and small merchants can provide their own unique membership programs to customers. Also, they can provide differentiated membership programs to their loyal customers.
Smathium benefits at a shopping mall
Shopping malls can provide membership benefits appropriate for consumer experience instead of providing simple coupons
Single Unified Coin
Customers can receive their rewards in a single form of cryptocurrency instead of different points for each brand. Smathium guarantees the rightful assets to its customers.
Brands participating in the Smathium Platform can buy and sell their benefits. Additionally, the membership program becomes a new sales channel for large scale sales for the brands.
Token symbol: SMT
Total supply: 10 Billion SMT
PreICO price: 1 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
Min. investment: 10 USD
Accepting: ETH, True USD, USD Coin, Paxos Standard, Dai
Distributed in ICO: 40%
Prepare white paper and website.
Open Smart Contract to public.
Start SMT sale.
Launch SMT-Service App.
(MiteNews(News-App) and else). Service initial promotion / Securing users. Proceed development of SMT-Service(App) (2nd).
Launch SMT-Service App (2nd).
Expand Loyal Factory Partnership.
Release SMT Wallet App(Android).
List on exchange.
Launch Loyal Factory(version 1.0).
Enter global service (Southeast Asia).
Release SMT Wallet App (IOS)
List on additional exchange and expand partnership.
Expand Loyal Factory Partnership.
Enter global service (North America).
Launch Loyal Factory (version 2.0). Expansion of Loyal Factory’s 3rd party
and partnership. Develop additional module.
Changgyeom Kim: Planning Manager
Byungjin Kim: General Manager
Jaejoon Kim: Project Manager
Mihee Park: Financial Manager
Joseph Hyun: Team Lead Manager
Jee Ju: Chief Blockchain officer
Hyun Jung Choi: R&D Manager
Byung Jin Choi: Legal manager
Jongkyung Park:System Security
Seungjae Shin: General Manager
Eun Suk Lee: Project Advisor
Doo Yong Jung: Project Advisor
Jonathan Hong: Technical Advisor
Hsiao Yun Fang: Project Advisor
Jin Eub Joo: Project Advisor
Joo Ho Yoo: Project Advisor
Ki Won Kwon: Project Advisor
Philip Cho: Project Advisor
Hwanho Lee: Project Manager
Nathan Kisung Hong: Project Advisor
Official website: https://smathium.io/?lang=en
Official Smathium Token Tracker: https://etherscan.io/token/0x4b4787aace23eb70da046bcc0ccfe28d4e4fb899
Official Telegram open community: https://t.me/joinchat/KrHV002fqNMYGIHmfKax8w
Official Telegram broadcasting channel:
Official Medium: https://medium.com/@smathium
Official Twitter: https://twitter.com/smathium
Official Facebook: https://www.facebook.com/smathium/
Bitcointalk Username: yetty10
BBitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2470757