The problem Cryft solves
✨ Inspiration ✨
I have 300 points from Myntra but they are going to expire tomorrow, it's frustrating because I don't want to buy clothes, what if we could spend it at Swiggy for some yummy food?
✨ What it does ✨
- Are you an active consumer who is unable to keep a track of the loyalty points you are receiving?
- Are you a business owner who isn't able to keep a track of the large databases and consider loyalty programs as a liability to the business? CRYFT IS HERE TO CHANGE THAT.
- Cryft aims to change the way loyalty and referral programs work for the better, for both, brands and users
- Enhance the emotional value that comes with gifting by storing your rewards on the blockchain
- No expiry date will be attached to your gifts anymore, redeem whenever you want, however you want.
- Generate gift cards from a wide range of brands
- Create a wallet under 2 minutes to store all your points at one place
- Our business aims to earn money by hosting top brands on the platform to provide a smooth experience for their users
- Brands get to market themselves on the platform to enhance the traction of their innovative referral programs, this is another marketing strategy for them.
- Blockchain will change the loyalty experience by being permanent, immutable, transparent, and liquid
- The reward points earned by users would be in the form of stable coins that can be used to yield farm
- Fashion, Sports, Movies, Music, Art and much more...
💻🧰 How we built it 🔧🔨
Cryft is a platform-agnostic app made using React Native. We use Celo to develop our smart contracts and CHIPS ( ERC-20 standard token).
Contract Address on Alfajores (0x932b4902AC3E40b46661881fBcA91268C81DFBf3)
What's next for Cryft
Adding capability to exchange tokens, adding a DAO to run the whole ecosystem.
Challenges we ran into
Developing a dApp for mobile was challenging but Celo's well-written documentation and starter kit helped a lot!