The primary objective is to enhance customer loyalty and engagement by offering a more attractive, user-friendly, and rewarding loyalty program. Blockchain's features can facilitate seamless interactions and transparent reward tracking, leading to increased customer participation.
- The key objective is to simplify the process of earning and redeeming rewards.
- To enhance the security and privacy of customer data.
- To create a tamper-proof and trustworthy record of transactions, improving the overall efficiency of the loyalty program ecosystem.
- To use blockchain-based rewards as incentives to encourage specific customer behaviors, such as repeat purchases, referrals, and social engagement
- The Loyalty Tokens should be decaying in nature, in that, after a certain period their use for the redemption of benefits offered by the brand/retailer will expire.
- GUI-based tool that doesn’t require knowledge of any Blockchain programming to use by Brands and Retailers.
Implemented a ERC-20 smart contract on the blockchain that can create and manage fungible tokens representing loyalty points.
1. Fungible Loyalty Token Issuance:
- When a user makes a purchase, they will be eligible to receive fungible Loyalty Tokens.
- The issuance will include details such as the date of token issuance and the amount of tokens received by the user.
2. Token Usage for Exclusive Offers:
- Users can utilize the received Loyalty Tokens to redeem exclusive deals and offers offered by the loyalty program.
- The loyalty program will provide a platform for users to explore and select the available deals and offers for redemption.
- Multiple earning avenues, including referrals, challenges, and more, will empower users to earn additional loyalty tokens.
3. Retailer and Seller Involvement:
- Retailers and sellers participating in the program will have the capability to reward their customers with Loyalty Tokens.
- These tokens can serve as rewards for demonstrating loyalty to their brand or for achieving certain milestones.
4. Token Decay and Expiry:
- The Loyalty Tokens will have a decaying nature, meaning they will expire after a predetermined period of time.
- Tokens will carry an expiration date, and any unused tokens will automatically expire once the specified time has elapsed.
Smart Contracts: Solidity, Hardhat, Chai
- Deployment : Polygon Testnet Mumbai
Client: React, Redux, Material UI, TailwindCSS, Etherjs
Admin: React, Redux, Express, Material UI, Ether JS
Server: Node, Express, MongoDB
![[Pasted image 20230821001810.png]]
The primary objective is to enhance customer loyalty and engagement by offering a more attractive, user-friendly, and rewarding loyalty program. Blockchain's features can facilitate seamless interactions and transparent reward tracking, leading to increased customer participation.
- The key objective is to simplify the process of earning and redeeming rewards.
- To enhance the security and privacy of customer data.
- To create a tamper-proof and trustworthy record of transactions, improving the overall efficiency of the loyalty program ecosystem.
- To use blockchain-based rewards as incentives to encourage specific customer behaviors, such as repeat purchases, referrals, and social engagement
- The Loyalty Tokens should be decaying in nature, in that, after a certain period their use for the redemption of benefits offered by the brand/retailer will expire.
- GUI-based tool that doesn’t require knowledge of any Blockchain programming to use by Brands and Retailers.
Implemented a ERC-20 smart contract on the blockchain that can create and manage fungible tokens representing loyalty points.
1. Fungible Loyalty Token Issuance:
- When a user makes a purchase, they will be eligible to receive fungible Loyalty Tokens.
- The issuance will include details such as the date of token issuance and the amount of tokens received by the user.
2. Token Usage for Exclusive Offers:
- Users can utilize the received Loyalty Tokens to redeem exclusive deals and offers offered by the loyalty program.
- The loyalty program will provide a platform for users to explore and select the available deals and offers for redemption.
- Multiple earning avenues, including referrals, challenges, and more, will empower users to earn additional loyalty tokens.
3. Retailer and Seller Involvement:
- Retailers and sellers participating in the program will have the capability to reward their customers with Loyalty Tokens.
- These tokens can serve as rewards for demonstrating loyalty to their brand or for achieving certain milestones.
4. Token Decay and Expiry:
- The Loyalty Tokens will have a decaying nature, meaning they will expire after a predetermined period of time.
- Tokens will carry an expiration date, and any unused tokens will automatically expire once the specified time has elapsed.
Smart Contracts: Solidity, Hardhat, Chai
- Deployment : Polygon Testnet Mumbai
Client: React, Redux, Material UI, TailwindCSS, Etherjs
Admin: React, Redux, Express, Material UI, Ether JS
Server: Node, Express, MongoDB
To use this application, you must have MetaMask wallet or any other wallet installed on your device. You can download MetaMask from the following link: https://metamask.io/
Once you have installed the wallet, you need to connect to Polygon Mumbai Testnet using the following:
- Network Name: Mumbai Testnet
- RPC link: https://polygon-mumbai.g.alchemy.com/v2/api-key
(Contact authors or Get from Alchemy) - Chain ID: 80001
- Currency Symbol: MATIC
- Block Explorer URL: https://mumbai.polygonscan.com/
To install and run this application on your local machine, follow the steps below:
- Clone the repository to your local machine.
git clone https://github.com/mahim37/Loyalty-Tokens - Navigate to the project directory.
cd Loyalty-Tokens/- Install the server side dependencies.
cd server/
npm install- Run the back-end server.
nodemon app.js- Install client side dependencies.
cd ..
cd /client
npm install- Run the front-end server
npm run devThe web application can be accessed at http://localhost:5173
- Mahim Gupta
- Sahil Dhoot
- Sankalp Shrivasatava
To use this application, you must have MetaMask wallet or any other wallet installed on your device. You can download MetaMask from the following link: https://metamask.io/
Once you have installed the wallet, you need to connect to Polygon Mumbai Testnet using the following:
- Network Name: Mumbai Testnet
- RPC link: https://polygon-mumbai.g.alchemy.com/v2/api-key
(Contact authors or Get from Alchemy) - Chain ID: 80001
- Currency Symbol: MATIC
- Block Explorer URL: https://mumbai.polygonscan.com/
To install and run this application on your local machine, follow the steps below:
- Clone the repository to your local machine.
git clone https://github.com/mahim37/Loyalty-Tokens - Navigate to the project directory.
cd Loyalty-Tokens/- Install the server side dependencies.
cd server/
npm install- Run the back-end server.
nodemon app.js- Install client side dependencies.
cd ..
cd /client
npm install- Run the front-end server
npm run devThe web application can be accessed at http://localhost:5173
The video link can be accessed at https://drive.google.com/file/d/1flqGTgWaP-fgPExeRH1vjbHiJPp29q4f/view
- Mahim Gupta
- Sahil Dhoot
- Sankalp Shrivasatava