Thursday, June 7, 2018

[Hilarium ICO Talk] Characteristics of the Reward Membership Model and its Vision



Hello Everyone. this is Chris from the HILARIUM FOUNDATION. 

"Get everywhere. Use everywhere.”

In the last post, I talked about the characteristics of the Hilarium 
reward network. 
Such characteristics of the reward network present the vision of 
Hilarium that aspires to create the value of receiving and using 
rewards anywhere, anytime. 


Existing membership points or rewards, in order to give rewards 
to customers, require constant costly payments as part of their 
marketing program.

On the other hand, Hilarium’s reward model allows enterprisers 
to provide rewards to customers without such expenditures of their 
assets. 

The enterpriser will purchase the Hilarium coin, lock it, then receive 
a newly issued coin and use it constantly for a reward payment. 
The advantage of this model is that although it requires initial 
funding, this initial funding itself does not get consumed.
  
While existing cryptocurrencies used newly issued coins as rewards
for the block producers, Hilarium defines all newly issued Coins as 
rewards and plans to provide them to not only block users, but also
all participants who contribute to the expansion of the coin 
ecosystem. 

This will accelerate the expansion of coin ecosystem, leading to 
higher value. Ultimately, this will act as a great benefit for all Hilarium
network participants, including block producers and other general 
users. 

To create values that are usable anywhere at anytime, Hilarium 
reward membership platform’s services will center around Direct 
Coin Exchanges and HilaPay, which will be used at HilaStores. 

Existing membership points or rewards, in order to give rewards 
to customers, require constant costly payments as part of their 
marketing program.

On the other hand, Hilarium’s reward model allows enterprisers to 
provide rewards to customers without such expenditures of their 
assets. 

The enterpriser will purchase the Hilarium coin, lock it, then receive 
a newly issued coin and use it constantly for a reward payment. 
The advantage of this model is that although it requires initial 
funding, this initial funding itself does not get consumed.
  
While existing cryptocurrencies used newly issued coins as rewards 
for the block producers, Hilarium defines all newly issued Coins as 
rewards and plans to provide them to not only block users, but also 
all participants who contribute to the expansion of the coin 
ecosystem. 

This will accelerate the expansion of coin ecosystem, leading to 
higher value. Ultimately, this will act as a great benefit for all Hilarium
network participants, including block producers and other general 
users. 

To create values that are usable anywhere at anytime, Hilarium 
reward membership platform’s services will center around Direct 
Coin Exchanges and HilaPay, which will be used at HilaStores. 


Hila Pay
It builds a micro payment system in place to allow the users to 
redeem the rewards instantly. 
All transactions made with HilaPay will be recorded on blockchain.


Hila Direct Exchange
Hilarium coin holders will have control over coins and actual cash 
through the direct exchange; they will be able to send coins by 
simple procedure anytime, anywhere.


HilaStore
Become a member of HilaStore with a very simple step, and reward
your customers without any extra charge on you. 
These incentives have been designed to speed up the growth of
HilaStore ecosystem. 


No comments:

Post a Comment