DeFi staking through NFT and DPoS voting
LoyalShopper application allows merchants on Shopify and other ecommerce and in-store platforms to manage their own rewards, gift cards, promotional coupons, and store credits programs based on crypto tokens maintained by Lyra network.
Lyra blockchain provides instant confirmations, custom tokens with targeted smart contracts, built-in decentralized reward token marketplace, NFT, DEX, and functionality required for real world financial transaction processing.
In the U.S., there are 3.3 billion loyalty memberships (Accenture)
Buyers accumulate these tokens in the LoyalShopper mobile wallet app. When buyers shop the merchant’s store again and want to use their rewards, they open up the wallet app and redeem their rewards – these tokens convert into a discount token with a code that can be applied at Shopify checkout. In our example, 100 rewards are converted into a $10 discount (those rates are flexible and configurable by the merchant).
LoyalShopper creates unique reward and discount tokens for each merchant
Merchants give them out as loyalty rewards, store credits, or gift cards
Customers redeem those tokens at the checkout online or in store
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Slava Gomzin is cyber security and crypto enthusiast, full-stack technologist and entrepreneur. Author of multiple publications on information security and technology including books “Hacking Point of Sale” and “Bitcoin for Nonmathematicians”
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Wizard Young is from central China, now living in a small city by the sea where he has been working as a full-stack programmer, full-stack network engineer, freelance consultant, and electronics enthusiast. He started coding in C# since the very beginning of .NET platform.
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Norbert Funke has more than 20 years of industry experience with demonstrated success in all aspects of data governance and information architecture, development, and strategy. He is a leading expert in big data, natural language processing (NLP), business intelligence, and data integration architectures, combined with deep industry experience in Financial Services and Health Care.
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