💻Business model

InRewards Network profits from the growth in value of the INV token, therefore it provides basic customer software and apps for the retailers free of charge. Although it will be possible for the developers of the Smart Rewards apps within the InRewards ecosystem to charge the merchants for the customary tools, the InRewards in its first year of operations will not take commission from transactions, aiming to provide maximum efficiency to the merchants. This demonstrates that InRewards is committed to the growth in value of INV, which strategically corresponds to the interests of token holders. Our strategy is the maximum adoption and utility of the apps that are built on InRewards platform among retailers, which will increase the demand for tokens, their adoption and price.

After 12 months of operations, we will introduce 0.5% commission on the sales transactions with InRewards tokens. Also, the special administration entity InRewards Operator can offer paid services as a result of retailers’ inquiries, as they will be interested in our expertise. Such services may include:

• Customary apps for specific business goals (e.g. a sophisticated bounty campaign);

• Adjustments of settings and the testing of hypothesis of the rewards and other parameters of the loyalty system;

• The integration of customary blockchain solutions in the existing corporate loyalty program;

The InRewards Network does not see such development as a priority and considers it the most efficient to transfer such types of important services to independent contractors, InRewards enthusiasts, and community members with which we plan to work. This will help the adoption of the InRewards platform and broader acceptance of INV.