XGEMs Powers the Future of Reward Programmes

xgems-powers-the-future-of-reward-programmes

 

The future of reward programs is here: powered by XGEMs, the world’s first multi-merchant rewards currency.

Spending online? Get cashback in XGEMs. Getting bubble tea? Earn XGEM loyalty points. Playing your favourite mobile game? Win XGEM prizes.

Singapore-based Game-Fi platform Ethlas has announced the launch of XGEM Rewards, a radical multi-merchant rewards program, connected by the first truly portable reward points system, XGEMs. Set to launch in Q1 of 2023, XGEM Rewards will be available to use across a wide range of brands and services online and offline.

This wave of innovation combining blockchain and loyalty rewards marks a new chapter for XGEMs, which has previously been used as a reward token in gaming and entertainment platforms such as Ethlas, major gaming, and entertainment platform utilized by millions worldwide.

To celebrate the launch of XGEM Rewards, the platform is giving away XGEMs to users who sign up early on www.xgem.finance.

On top of this, Ethlas will be airdropping XGEMs into the wallets of active users/players, as well as holders of either its native Komo NFTs or partner NFTs. Partner NFT projects include the top five projects that participated in the inaugural Battle Showdown tournament that took place in October 2022: Ape Gang, 3l3phant, Avium, Cubemelt, and Doodles. A snapshot of all respective wallets will be taken on November 1.

“We are excited to partner with top brands and merchants to ensure that XGEMs and blockchain-based rewards are made more ‘real’ for the millions of users in our markets. We believe that the future of blockchain and Web3 is heavily predicated on how seamless and enjoyable the experience is for our users and we’re committed to continuing bridging the next generation of users into Web3.” said CEO & Cofounder of Ethlas, Wui Ngiap Foo.

Ethlas’s parent company, Eleos Ventures, has announced a partnership with Singapore-based dining discovery app Burpple, to launch the first blockchain-powered dining rewards platform offering perks for NFT communities. By offering digital currencies as rewards, businesses are leveraging their rewards programs using crypto and bringing shoppers back to their stores.

Blockchain technology is being used for rewards programs in many ways. For example, blockchain-based rewards programs can track and distribute rewards points, coupons, or other loyalty program benefits. Additionally, blockchain technology can be used to verify customer identities and prevent fraud. XGEM is becoming the most desirable digital reward, as it is liquid and global.

An increasing number of retailers & internet-based businesses are willing to accept XGEM as payment or rewards, and the regulatory framework finally beginning to take shape, XGEM’s evolution from an in-game coin to a mainstream technology is almost complete.

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.