The reward industry is said to be a multi-billion dollar industry. But presently it has several issues due to which it is losing out on its value and not many people are participating. With the Blockchain technology coming into existence, these issues can be easily solved. A loyalty reward currency such as Ovato smart coin can have a significant impact on fixing the issues of the reward ecosystem.
Ovato is an upcoming generation of the smart utility token. The main focus is done on the shopping industry. Ovato is a universal token that is used for a loyalty reward. It offers the best solution for all the challenges that are faced in a loyalty rewards program. Ovato focuses on offering rewards to the shoppers, give power to the merchants, frees the social media influencers and even helps to perform charity work. A network that will smoothly run without any kind of blockages hence allowing the people to send it across the globe without any kind of hurdles.
Advantages of the Ovato coin,
With the ovato coin in place, and great benefits come along for the customers as well as the business. The Ovato coin could trade 20x plus on the secondary market. This is a great benefit for the customers who earn it. It is also useful for the business as a medium to attract and retain customers. Apart from this, there are other benefits also which the Ovato offers. They are as follows :
• A decentralized ecosystem utilized to make and supervise the social maida based advertising campaigns.
• Different brands and agencies can get personal marketing helps, obtain agent commission within the platform and get all analytic tools and search on the material.
• Ovato is used as a payment method for several contracts for the purpose of marketing.
• The transaction is made only within a few seconds and it gets confirmed within minutes.
• Ovato is extremely secured since it is a 100% safe escrow transaction which is dependant on the cryptocurrency tokens.
• The partnership is managed by smart contracts and decentralized clash solutions.
• The social media influencers can make room for their self-promotion campaigns, make donations to the bloggers and gain easy access to advanced analytics.
• It is utilized for getting the ultimate results as well as smart planning.
• There is no barrier for entering as it is easily available even for new businesses as well as experienced influencers.
• Ovato is extremely simple and user-friendly
• It provides a stable payment system to that of a store value by utilizing the Blockchain technology
How it will be used?
The functions in the same way as that of another cryptocurrency. It makes the payment at once so that it can be used by the other user who is exchanging goods, digital currencies, etc. It will encourage brand awareness among the consumers, which would trigger the settling down of a good pattern which will, in turn, support the companies as well as the customers.
Ten of the teens will be used in charity programs. Because of inefficient most of the donations are not reaching their destinations. Due to the Blockchain technology, thus, the people who want to invest in Ovato tokens can do it with various options available. Ovato may get guar rented success if it is the one and first startups to implement the distributed ledger technology in this vast industry. Ovato is also targeting the charity industry which is struggling with various problems.