Key points
- Forbes Web3 and qiibee foundation's new loyalty platform will leverage blockchain for secure and transparent rewards.
- Users can earn, track and redeem various rewards, improving engagement and purchasing power.
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Forbes Web3 is planning to launch a blockchain-based loyalty platform in partnership with the Qiibee Foundation, according to a statement on Monday. Press release shared by the team. The platform, which is scheduled to launch later this year, seeks to transform the way web3 communities interact with brands through innovative rewards.
“We are developing a loyalty program that not only rewards our users but also offers meaningful and tangible benefits,” said Taha Ahmed, Forbes’ chief growth officer.
The loyalty program will feature a wide range of products, including gift cards for major brands such as amazon and Apple, donations to charities and airline miles, the team noted, adding that the move is aimed at improving the purchasing power of Forbes Web3 consumers.
“From shopping and travel to philanthropy, our members will be able to redeem rewards that align with their values and interests,” Ahmed said.
The integration of blockchain technology ensures a transparent and secure environment for users to earn, track and redeem rewards across an ever-growing network of partners. Thanks to blockchain technology, rewards will be seamlessly integrated into users’ everyday lives, according to Forbes Web3.
The qiibee foundation provides the technical foundation and expertise to build a robust and innovative loyalty program for Forbes Web3 users.
The foundation specializes in using blockchain to create and manage loyalty tokens. It has integrated custom loyalty programs with various partners, allowing users to redeem points for a wide range of rewards.
“We offer a platform that delivers flexibility, real-world utility and a new standard for digital rewards,” said Gabriele G. Giancola, CEO of the qiibee Foundation.
“Blockchain technology is at the heart of this innovation, making it more transparent and accessible for users while allowing them to interact with the brands they love in new ways,” Giancola added.
Forbes Web3 said attendees at the crypto Carnival event in Singapore on September 19 during Singapore Token2049 will get a sneak peek of the new loyalty platform.