SLP Network
Last Update
May 31, 2018
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100 SLP=0.01 USD
About SLP Network
Problem
As more consumers participate in brand loyalty programs, more loyalty points are going unclaimed — a recent survey by Bond Brand Loyalty records $100 billion in unused points. The abandonment trend - where members decide a loyalty program isn’t worth their time - is increasing.
Regardless of which type of loyalty program model businesses use, consumers are more demanding than ever. Weak connection with customers can result in losing those who join but fail to participate and customer attrition where customers perception of program value has declined over time.
Solution
SLP will implement an infrastructure through which businesses can issue, process and use tokenized loyalty points on a distributed blockchain platform. This will enable customers to exchange bonus points using the platform's primary currency, SLP tokens, and spend earned bonus points on rewards and products that matter to them personally. The result: brand loyalty experiences that are more efficient, interactive and engaging.
Team
SLP brings together a team of highly skilled professionals in the field of IT loyalty solutions, with broad combined experience worldwide on cutting-edge technology innovations.
Members of the SLP team worked previously for large international companies such as McKinsey & Company, Intel, Rocket Internet, KPMG, CVS Health, and others.Features
Product
SLP enables the trade of bonus points from various loyalty programs by introducing a secure and fast loyalty token marketplace, providing a whole new customer engagement channel for businesses and making the benefits of rewards programs much more valuable to customers.
Data collected from transactions performed by customers is bundled and provided to merchants and brands, driving personalized, direct, and efficient marketing, lowering costs and facilitating effective, direct interaction between businesses and consumers.
Technical Info
Technology
The SLP platform will implement an infrastructure in which SLP token users, loyal customers and businesses co-exist in a shared blockchain platform. Customer data, tokens, transactions and loyalty program triggers will flow between entities, through business-specific smart contract layers. Transactions will be processed by trusted nodes, selected by consensus among the businesses-token issuers who are present on the platform.
SLP Network Roadmap
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2013 Q1
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SLP team founded SailPlay and raised angel financing from Altair VC
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2014 Q1
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SailPlay acquired 25+ clients across multiple verticals
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2014 Q2
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SailPlay raised a second round of funding from Flint Capital
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2015 Q1
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SailPlay is used by 50+ clients, including Papa John’s, Volkswagen and others
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2016 Q1
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SailPlay opened its second office in NYC
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2017 Q3-Q4
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SLP concept created
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2018 Q1
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SLP got confirmed interest from leading global and national retail businesses, restaurants, and airlines
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2018 Summer
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SLP to conduct an ICO
Vision of the project is finalized, final whitepaper version is released. SLP Token is deployed on the Ethereum platform and a public crowdsale is commenced. -
2018 Q3
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Development of the SLP platform
SLP Blockchain platform for loyalty token operations and loyalty token marketplace is being developed. Reference implementations of business and client sides of the SLP Application are released. Data privacy principles PoC. -
2018 Q4
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Development of the SLP SDK for businesses
B2C SLP Token Wallet App, B2B Token Management App and B2B APIs and Webhooks are developed. SLP Blockchain Testnet is launched. First business partners are connected to the platform. -
2019 Q1
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Development of consumer apps and interfaces
Reward redemption interface with redemption confirmation by QR codes/SMS is developed. Loyalty Token exchange is introduced to the Token Wallet App. Analytics tools are added to the B2B App. Private launch of the SLP Blockchain Mainnet for partners-early adopters. -
2019 Q2
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Launch
Customer applications are publicly launched. Loyalty Token exchange begins operations. The ERC20 compatible SLP token is exchanged 1-to-1 with a native SLP token. -
2019 and beyond
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Expansion and growth of the ecosystem to other markets and geographies.
Activity
Team
Verified 10%
Attention. There is a risk that unverified members are not actually members of the team
Advisors
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
SLP Network Interviews
Last News
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