Cash-Back Rewards Card
Vendor's who choose to participate in the Moob Multivendor marketplace is required to give their customers who are interested in receiving cash back rewards a member card (rewards card). The member card introduces the customer to the MoobDAO ecosystem and creates an opportunity for Moob to have a new member in the community.
This new consumer can now create a marketplace rewards account, at the point of sale kiosk, then add regular fiat currency to their new account via credit / debit card / checking account. They will then complete their purchase and are eligible to receive a link to their cashback amount which will be payable in moob coins.
When they see this link to their cashback moob tokens they will be instructed to create a wallet address and import the tokens to that wallet, if they don’t already have a wallet. The customer can purchase additional moob tokens for more purchases, however they will also be allowed to stake their cashback rewards tokens to make even more returns.
The Benefits are huge 👍
We easily create new community members via their use of cashback rewards.
Increased opportunity of new Moob token consumption.
Moob’s Token is utilized regularly by consumers which naturally increases the demand for the Token.
A percentage of the revenue received via transaction fees and commisions goes towards burning Moob tokens, this reduces Token Suppy and promotes scarecity which favors token price increases.
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