While the previous rewards program is an individual and disconnected ecosystem, the ecosystem of Hilarium is a multi-layered network of diverse entrepreneurs and customers contributing in the creation of a huge network. As the network grows, the network effects will become more powerful. Within a larger network, customers will have a greater number of choices in acquiring and using rewards.
Hilarium Ecosystem
Hilarium ecosystem is composed as below
As these elements form a huge network and increase the networking effect,
coin demand increases.
Reward business operators and members
Coin holders
Hila Store
Hila Exchange
As these elements form a huge network and increase the networking effect,
coin demand increases
Coin supply decrease model
Reward to coin staking
Decrease in the amount of currency through coin staking.
Hila exchange and incineration of Hila pay commission.
Reward through automatic airdrop.
Through airdrop, the total amount of coin increases to some extent; however,
the effect of coin supply reduction is larger in essence, since a greater amount
of coin is sunk through staking.
Operation Method of Hilarium Reward Platform
Hilarium uses the fund generated through coin staking and airdrop as the
reward fund for individuals or business operators.
Therefore, funds do not need to be exhausted for reward occurrence.
Reward fund can be used as a reward for coin holders, or can be used by a
business operator to start a business using rewards.
Common individuals or business operators can all be Hilarium coin holders.
Reward Platform has 3 types as followings:
Reward coins are provided when individuals fulfill their mission using PoMC.
Business operators can use CCM to motivate the customers.
As a substitutional model for existing membership point,
it directly provides membership points with Hilarium coin.
A reward for customers and stores who made payments using Hila pay.
CCM
Membership type
Hila Pay reward
Business operator
No fund exhaustion in reward business.
Hilarium system is usable for member management.
Actual reward is given by cryptocurrency instead of membership points.
Facilitation of member securement and maintenance through rewarding.
Encourage customer’s active involvement in business through rewarding.
Business operator is an important presence in Hilarium in that it decreases coin
through staking and increases coin demand by member securement.
Benefits of business operators
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