Gabrotech

Video Source: YouTube - Gabrotech Introduction

Businesses have various strategies of marketing and ways of attracting returning clients, one of them is loyalty programs. Loyalty programs are present in all industries ranging from travel, entertainment, financial and retail among others.

Business have been spending a lot of marketing budget on loyalty programs and it is estimated they spend approximately $500 billion as an aggregated market. Most of its rewards are wasted and not fully utilized with the holder not returning or redeeming his loyalty points due to ow value among other reasons.

One of the start-ups planning on solving these issues is Gabrotech, a decentralized project that taps the global market with its innovative features that are tailored to improve loyalty programs value by spreading them across multiple businesses where the holder can redeem them.

Gabrotech will allow the holder of loyalty points to be able to spend them across business and also exchange them for fiat by exchanging them on an exchange of their choice. This will improve the loyalty programs and customers will be happy to hold their loyalty points.

Gabrotech is a blockchain-based project designed to disrupt the loyalty market. It tries to eliminate the inefficiencies by decentralizing the control of the points. The public will take control of their points using the Gabrotech solution.

This platform powered by a blockchain is able to track the amount of chips used or exchanged. It will create an ecosystem by bringing together different traders, LPOs, customers and institutional buyers, as well as a unique and common digital asset, namely Gabro.

Gabrotech wants to revolutionize the loyalty industry by redistributing power between merchants and customers. Users can easily track all the points associated with their profile.

Gabrotech tries to provide 6 solutions using its common platform: digital wallet (to maintain several loyalty programs and loyalty points), GBO token (will be used for all transactions in the ecosystem), prepaid card (users can reload with an additional reward and spend it on any asset), Loyalty Central (a Gabrotech loyalty program where users can get inactive points), O2O analytics (merchants can use this service to get more information on interest or preferences of customers).

Solution offered

GABROTECH is here with 6 in 1 offer on a single platform. They have built-in properties to manage the loyalty points and satisfy the needs of the consumers with the help of blockchain technology. Merchants, brands, and consumers are equally benefitted from the features available on the platform. Consumers can redeem their loyalty points and get cryptocurrency tokens in their digital wallets.

The 6 in 1 products of the company consists of a digital wallet, a cryptocurrency token, prepaid cars and currency conversion engine. The prepaid card on the platform can be utilized for the loyalty points redemption and insurance purposes. Different kinds of cards depending upon the number of tokens held by the user is available on the platform.

The points can also be utilized for the air travel, ticket booking, and emergency purposes. A special feature on the platform allows the consumers to transfer their points to their favorite brands. This provides a much-needed flexibility to the consumers, who were stuck with a particular brand even if they have stopped using the services, and the loyalty points would remain unused. Now they can simply transfer it to their chosen brand to utilize the services.

Loyalty Programs

Loyalty programs are one of the most useful marketing strategies despite this the market is faced with challenges that include a very high fragmented loyalty programs that are only useful to one business, this has rendered the holder of the tokens not to use them because the value of the loyalty points the holder has less value based on the redemption criteria and this will most likely cause the user not to redeem his points.

I hold a loyalty card from my favorite retail store, this card allows me to redeem my points after they have reached a redeemable point and I can only redeem them on the store, even with this the loyalty points can only be redeemed for products I don’t consider of value to me since I already hold them – to me this is a sorry state and that’s why I don’t redeem my points despite holding them.

Loyalty programs also face a challenge when it comes to the security of the system, when the system is centralized, it is easily attacked and misused by individuals who take advantage of the centralized storage of the records and can easily alter or forge the records for their own benefits.

TOKEN SALES PROCESS

1st June 2018 : Launch of Gabro Wallet 2.0 prototype and pre-order list.
31st July 2018 : Commencement date of GBO Token sale.
30th Aug 2018 : Additional partnerships with exchanges and currencies.
31st Aug 2018 : End date of GBO Token sale.
1st Sep 2018 : Loyalty campaign launch and go live .
1st Oct 2018 : Launch of other merchant coins in our platform.

TOKEN DISTRIBUTION OVERVIEW

Token Symbol: GBO
Total Token Supply: 1,000,000,000 GBO
Hard Cap: $50M
Token price: 1 ETH buys 5000 GBO
Minimum Purchase: 0.1 ETH
Accepting: Ethereum (ETH)
ERC20 Token: Yes
Individual Cap: None
Escrow of funds: Funds secured in multi-signature escrow account
Countries Allowed: As determined in the sole discretion of Gabro tech PTE

Project Team

Gabro is founded by a team of 6 blockchain enthusiasts. The team has accumulated over 100 years of experience in digital marketing, technology, loyalty, payments, banking, consulting and fintech. The Gabro team is based in China, Hong Kong, Singapore and the United Kingdom.

For more information:
Website: https://gabrotech.io/
Whitepaper: https://cdn.shopify.com/s/files/1/0067/8313/9898/files/Whitepaper_LongVersion_Portrait_v16.pdf?8625877591840302090
Twitter: https://twitter.com/gabrotech
Facebook: https://m.facebook.com/gabroTech6/

Profile link: https://bitcointalk.org/index.php?action=profile;u=1803026

ETH Address: 0x4Dee57462D1FCD77Db2FA625C02f6E863563A322