Why ṾISIT?

There are multiple reasons why you may want to choose the Visit app. It’s a bridge between the common ground and the unknown, benefitting from the best of both worlds—a seamless blend between Web2 and Web3.

You have the ease of use of a general application. You can log in with your currently preferred login method. Your current Google or Facebook account, or decide to register your email and username for the more classic login.

After account creation with any method, Visit will create a Web3 wallet behind the scenes. This wallet is your new passport to the Web3 ecosystem.

Why the need for Web3?

1. Decentralization: Web3’s decentralized nature means that the loyalty program isn’t controlled by a single entity (like the restaurant or the Visit developers). Therefore your data and your received points or rewards aren’t at the mercy of one organization’s policies.
2. Tokenization of Rewards: Loyalty points can be tokenized as digital assets on a blockchain. This allows for secure, transparent tracking of points accumulation and redemption. Customers might also be able to trade or exchange these tokens in a broader market, adding value.
3. Smart Contracts: Smart contracts automate many processes, such as awarding points or redeeming rewards, without the need for intermediaries. This reduces administrative costs and errors and ensures fairness and transparency in the program.
4. 100% Transparency: Each restaurant, hotel, and organization will have their digital wallet. Each wallet on the blockchain is publicly visible. We aim with the Visit app to grow and support more charity events with the community (all Visit users). Using Web3 technology, we have proof that the money in those charity wallets goes completely to the charity organization.
5. Enhanced Security: Blockchain’s inherent security features, such as encryption and distributed ledgers, provide robust protection against fraud and unauthorized access, which is a significant issue in traditional loyalty programs. There is no way users can duplicate or fake their points.
6. Interoperability: Web3 technology can facilitate interoperability between different loyalty programs. This means customers could potentially use their loyalty tokens across various restaurants or platforms, increasing the utility and attractiveness of the rewards. Restaurants that use our Visit system can choose individually if their loyalty tokens are tradeable or not.
7. Data Ownership and Privacy: Web3 offers improved data privacy and ownership. Users can control their personal data and share it selectively, unlike in Web2, where companies often have full access to user data without you knowing it.
8. Reduced Costs and Increased Efficiency: By eliminating intermediaries and automating processes, Web3 reduces costs associated with managing a loyalty program, leading to higher efficiency.
9. Innovative Customer Engagement: Utilizing Web3 allows for innovative engagement strategies like gamification using blockchain assets, which can enhance customer experience and loyalty.
10. Global Reach: Blockchain-based loyalty programs are not restricted by geographical boundaries, allowing restaurants to engage with an international customer base.
11. Long-Term Value Creation: Tokens in a Web3 loyalty program can potentially increase in value over time, unlike traditional points, providing long-term benefits to customers.

• Besides Web3, what else?
• Oen app for all your loyalties – bigger reach for restaurants