Momentum Token: ICO Review

What is Momentum Token?

One of the biggest problems within today’s retail industry is the consumer reward’s system. While there are rewards available, some consumers feel as if it is not enough based on the level of service and loyalty they give to certain brands.

Momentum Token ICOThe developers behind Momentum Token believe that that traditional marketing has a lack of tact and personalization. As a result, a lot of loyalty programs fail because the customers have limited control over their loyalty rewards. Most of the time, the points expire or are wasted.

Momentum Token is a project focused on blockchain marketing automation. They aim to create a space where companies can reward loyal customers for their support.

The project’s main goal is to redefine the way companies build consumer relationships. They plan on doing this by using Momentum Token to help give consumers control over their data and reward them for their brand recognition.

Due to the failure of traditional loyalty programs, the company created Momentum token. The native currency is a digital reward that can be traded within or outside the platform. As a result, users will feel as if they have complete control over the rewards that are offered to them.

The management team behind this company is lead by Kees De Vos (CEO) who has over 15 years experience within the sales area, Ariel Luedi (chairman) who has over 20 years experience and Eyal Oster (president) who has 20 years of leadership experience. Thus, making increasing the project’s rate of success due to the high-quality team that’s behind it.

Aspects

Momentum’s primary function is to act as a loyalty token for companies that want to use token-based incentives. You can use them to reward customers that want to support a specific brand. The company shows that people who use similar products have users that are 100x more active, meaning that they’ll be able to gather 40x more consumer data.

And it helps users have complete control over their data. For instance, you can sell it for tokens or keep it to yourself. This is a great system because it helps benefits customers by helping them sell their data and receive a profit out of it.

Token Metrics

Positives
  • Customer Loyalty Rewards: For staying dedicated to certain brands, customers can receive Momentum Tokens to help them purchase other tokens or receive rewards within their favorite brands.
  • Business Plan and Strong Leadership: Momentum token has a team of leaders that have over 15+ years of experience. This gives the project a more developed business plan and ensures that the team will work on it until project completion.
  • Business Incentives: If you have a business where you like to reward customers for working with your business, Momentum token will help keep them onboard.

Negatives
  • Originality: There are already a few ICOs that have the same project idea already. This means that Momentum Token will have to create an innovative product in order to differentiate themselves from the competition.

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Jeremy Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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