[Hilarium ICO Talk] Characteristics of the Hilarium Reward Network

Hello Everyone. this is Chris Kim from the HILARIUM FOUNDATION. 

Hilarium is a membership reward business platform that creates 

value available anytime, anywhere by using fast transaction speed 

and low fees. 

For today, I’m going to talk about the characteristics of the 

Hilarium membership reward network. 

A system that provides real values to the customers

Hilarium Reward Network integrates existing decentralized 

membership points or systems into one immense network. 

We have designed a customer-oriented value system that will offer 

satisfactory rewards to the customers. 

Through such value creation, the value of customers’ rewards will be

significantly higher compared to other existing membership or loyalty

programs.

A system that benefits a reward enterpriser

Hilarium Reward Network is simpler and less expensive than other 

existing reward or membership management infrastructure, reducing

the capital burden for reward payments. 

This structure contributes to the customers’ value creation as well 

as profit for enterprisers.

A system that rewards all participants of the ecosystem

Hilarium Reward Network is a coin ecosystem of Hilarium Coin 

owners, including membership enterprisers, Hila Store, and general

customers. 

As rewards are given for every action in the network, the network 

becomes very active in this system.

A system that accelerates coin value to its maximum

Rewards will be given for any user behavior that meets the network’s

design. 

We expect that all participants will try to behave appropriately in the

coin ecosystem; thus, the rate of expansion and activation of coins

will be much faster than that of other coins.

Network effects accelerate as their size increases, and in case of 

connections, they increase exponentially. 

This is similar to the effect of rolling snowballs.

Such network effect is particularly beneficial for small businesses.

It produces the same effect as joining the reward program of a big 

company with a large network.

Hilarium’s network system allows small businesses to be able to 

produce a similar effect as when large businesses issue a reward 

membership.

Hilarium is a virtuous cycle model that creates values by building 

the efficient reward system and enhancing the user convenience, 

providing positive feedback to ecosystem participants.