BlockHosts is a decentralized loyalty platform that enables consumer businesses to sell redeemable gift cards, vouchers, and loyalty rewards directly to customers, allowing for upfront payment and eliminating middlemen. This approach helps businesses retain customer loyalty while maximizing revenue through secondary market resales and direct customer engagement.
Funding
$480K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Consumer businesses often struggle with customer retention and revenue generation due to reliance on intermediaries for loyalty programs and gift card sales. Traditional loyalty programs can be costly to administer, and businesses may lose revenue through unredeemed vouchers or gift cards held by third parties.
Solution
BlockHosts offers a decentralized loyalty platform that enables businesses to directly sell redeemable gift cards, vouchers, and loyalty rewards to customers. By cutting out the middleman, businesses gain full ownership of their customer loyalty programs and can maximize revenue through upfront payments and secondary market resales. The platform allows customers to purchase discount vouchers in advance, redeem them in person, and even resell them, with the business earning a commission on each transaction. This direct engagement fosters stronger customer relationships and provides businesses with valuable data on customer behavior.
Target Audience
The primary target audience includes consumer businesses in the hospitality, retail, and event industries seeking to enhance customer loyalty and generate revenue through direct sales of digital rewards and vouchers.
Features
- Direct sale of redeemable gift cards and vouchers to customers
- Digital stamp card functionality for repeat customer rewards
- Secondary market resales of vouchers and gift cards with customizable commission structure
- Digital ticketing for events with proof of attendance tracking
- Loyalty coupons with customizable terms and conditions
- Collectible rewards and NFT integration for exclusive deals and creator collaborations
- BlockHosts marketplace wallet for customers to manage, redeem, and resell loyalty tokens