May 8, 2018
EatMeCoin (EAT) is an innovative blockchain solution for fixing the problems with loyalty programs. We are SIA “Baltic Bites”, the company behind Latvian food ordering portal Ēst – est.lv. We believe the current loyalty programs are outdated for the 21st century. With the EatMeCoin (EAT) we are able to improve our current loyalty program and create benefits for both companies and customers. Blockchain rewards for customers Customers receive a valuable currency that they can use elsewhere for purchases, or even redeem to fiat currency. Customers become stakeholders in the business if they keep holding loyalty tokens. Customers become ambassadors, as it is in their interest to promote the token creating demand which create value. Blockchain rewards for companies No fees payable to issue points or other form of loyalty schemes. Joint reward programs with related companies can be launched. Inefficient loyalty program with large unclaimed rewards is avoided. Perceived value of a blockchain currency is higher than loyalty points. Companies can thus issue lower quantity of rewards per order.
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