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LoyalCoin Review

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Average

Revainrating 4 out of 5  
Rating 
3.8
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Description of LoyalCoin

LoyalCoin replaces traditional customer loyalty programs with a flexible, fully transferable token that can be used to redeem rewards from any participating brand, anytime, anywhere. It creates a more open ecosystem for customer loyalty that strengthens relationships between brands and their customers. LYL is a token built on the NEM Mosaic platform.

Reviews

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Type of review

Revainrating 3 out of 5

About the LoyalCoin project.

The LoyalCoin project replaces traditional customer dedication programs with a fully tailored symbolism that can be used to win prizes from any brand, anytime, anywhere. Creating a more transparent biological system that strengthens the bond between brands and customers for customer loyalty. LYL, NEM is a symbol based on the Mosaic phase. In addition, their loyalty to various businesses is added. It is also envisaged to use the focus of stability in conventional frames, similar stores. The main

Pros
  • It is replaced by a fully transferable number
  • It now has a history of low prices and increasing numbers
  • Can be used to withdraw prizes from anywhere.
Cons
  • There are some minor flaws, but there are some possibilities.

Revainrating 4 out of 5

Loyal Coin - Rewards Platform

LoyalCoin is a cryptocurrency focused on customer loyalty which aims to replace and improve traditional loyalty point systems. LYL is a token that serves as the currency in the LoyalCoin ecosystem. It unites the different industries and their loyalty. In traditional systems, it is only possible to use loyalty points in the same store. The objective of the project is to become a gateway allowing to be rewarded for the purchase or use of products or services. All your loyalty points are gathered…

Pros
  • LoyalCoin has an Android and iOS mobile wallet.
  • To earn LoyalCoin with the LoyalWallet wallet, simply purchase products from LoyalCoin partner merchants. You have to scan the QR code of the application. This allows you to benefit from discounts or free items for each purchase.
  • The strong point of the application is that it allows you to share your loyalty points with family members or friends by sending them LoyalCoin directly. It is also possible to convert loyalty points (LYL) into other cryptocurrencies like Bitcoin, Ethereum and NEM. It is even possible to receive fiat.
Cons
  • The project seems to have interesting partnerships and real usefulness. However, the lack of communication on the part of the team and the youth of the project push us to remain cautious.

Revainrating 5 out of 5

This project's target is to reduce the number of loyalty cards thus…

This project's target is to reduce the number of loyalty cards thus eradicating their expiration dates. This coin would help the community have a loyalty program not just for one merchant/company but for multiple merchants, otherwise the whole world. This is global and on the block chain, that means the one thing in store for us is the wallet for universal loyalty programs. The project was founded by the Filipinos, who in their blood runs the trait of diligence.

Pros
  • The company's team is very well rounded because the CEO is already experienced in handling a company called APPSOLUTELY, a software app creating company. So far under his supervision they made an app for Starbucks. Their team consists of Filipinos that has diligence running through their veins since their ancestors. The price is cheap currently and has a history of spiking. The team updates their progress in their respective social media accounts and youtube channel. The company is also partnered with NEM foundation. They also have their own wallet application that is available for iOS and Android devices. They are already partnered with big companies.
Cons
  • They need to partner with many companies to progress into a larger scale. This makes their pace a little bit slower.

Revainrating 4 out of 5

It creates a more open ecosystem for customer loyalty that strengthens…

It creates a more open ecosystem for customer loyalty that strengthens relationships between brands and their customers. LYL is a token built on the NEM. By having more and more partnership i think that this coin has a potential for huge growth.

Pros
  • Replaces traditional customer loyalty programs with a flexible, fully transferable token that can be used to redeem rewards from any participating brand, anytime, anywhere.
Cons
  • It's on early stage right now, So The app is not yet well developed so there are some minor bugs but its useable.