Chain of Points plans token offering sale

 

Blockchain-based loyalty program platform Chain of Points will be conducting a token offering sale between Feb. 9 – Mar. 9. Based in Toronto, the company plans on using Points, a new cryptocurrency, to the loyalty and gift card industries. Points can be transferred between merchants and customers.

Chain of Points addresses a common industry pain point, its CEO Irene Katzela said.

“Over 50 per cent of loyalty-accumulated rewards are never redeemed and overall interest in these programs among the younger generations is low and increasing. Chain of Points is the best solution for merchants and customers. It is easy to understand, and can be implemented in a matter of minutes.”

Chain of Points employs a Proof-of-Stake consensus algorithm.

Free newsletter signup
Never miss another Bankless Times news story as we send you hand-picked articles every morning
We hate spam. Your email address will not be sold or shared with anyone else. You will only receive our daily newsletter. You can unsubscribe at any time.