Hilarium – Universal reward business platform
Visit Hilarium ICO site
PRE ICO Dates : 16/08/18 – 14/09/18
Hilarium strives to become a realistic reward system in everyday life. The biggest principle of the Hilarium Rewards is that customers can earn rewards with the same Hilarium coin from any entrepreneur that participated in the Hilarium ecosystem. Rewards points, on the other hand, are operated independently by entrepreneurs to ensure their individual autonomy. In the previous membership point system, the conversion of points to actual rewards had many constraints, while Hilarium allows automatic conversion of points to rewards. The conversion of points to rewards is accurate and guaranteed because Hilarium handles compulsory payments systematically. This means the rewards programs’ conversion into a customer-centric system, and within the Hilarium Rewards ecosystem, customers will not feel constrained in acquiring or using rewards.
In this way, Hilarium creates a huge ecosystem of rewards network that is incomparable to previous individual and fragmented reward programs. While the previous rewards program is an individual and disconnected ecosystem, the ecosystem of Hilarium is a multi-layered network of diverse entrepreneurs and customers contributing in the creation of a huge network. As the network grows, the network effects will become more powerful. Within a larger network, customers will have a greater number of choices in acquiring and using rewards. The value and utility of the rewards offered to customers in this huge and integrated ecosystem will be different from the previous ways. This implies customer satisfaction that differs from the previous level, and this will also allow entrepreneurs to participate in the reward network ecosystem, providing a customer attracting effect through rewards different from before.
Hilarium is aiming for a reward platform that can be provided and used anytime and anywhere. This can be done through the construction of the Hilarium rewards network. In the rewards network, all of the entrepreneur’s payment rewards are integrated into the Hilarium coin. This eliminates the incompatibility problems between different rewards of many existing member- ship and loyalty points. As a result, customers can acquire rewards from any entrepreneur in the rewards network. This means that the customer’s reward acquisition rate can be much faster through using integrated rewards compared to acquiring different membership points from each individual entrepreneur. In addition, many vendors and stores in the rewards network recognize Hilarium as a means of payment, so customers can immediately use the rewards they receive within this network. As the ecosystem grows, the rewards network will become more convenient for customers, which will lead to the influx of new entrepreneurs and customers, continuously expanding the network’s effects.