Eat Loyal :)
EOL Token: Powering Loyalty, One Transaction at a Time!
Created on 8th December 2024
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Eat Loyal :)
EOL Token: Powering Loyalty, One Transaction at a Time!
The problem Eat Loyal :) solves
The Problem with Loyalty Programs
- Limited Use: Loyalty points are tied to one business, expire quickly, and have too many rules.
- No Real Connection: Customers feel like outsiders; there's no engagement or sense of belonging.
- Costly for Businesses: Expensive to run, with little insight into what customers really want.
- Transactional, Not Community-Driven: It’s all about buying more, not creating real relationships.
How EOL Token Solves It
- Universal Rewards: Tokens work across businesses, don’t expire, and give customers true ownership.
- Customer Involvement: Use tokens to vote on menus, events, and more—your opinion finally matters!
- Better for Businesses: Cheaper to manage, with valuable insights from customer participation.
- Building Communities: Tokens make loyalty about connection, not just transactions.
- EOL Token makes loyalty engaging, empowering, and rewarding for everyone involved.
Challenges I ran into
Understanding Anon Aadhaar: Navigating its tech stack and cryptographic foundations was complex.
Defining a Unique Use Case: Avoiding a generic loyalty program required deeper problem-solving, still ongoing.
Nullifiers & Signals: Implementing these for secure and anonymous operations was intricate.
Razorpay Auth: Integrating and handling payments securely added layers of complexity.
Transactional EOL Tokens: Bridging token minting with real-world usability posed technical challenges.
Additional Features
Exploring UIDAI APIs: Spent 2-4 hours diving into Aadhaar authentication APIs but found them a bit too tricky for seamless integration.
Resolved with Cellular OTP: Pivoted to a simpler solution using message-based OTPs, which worked out more efficiently.
Tracks Applied (3)
Best Use of Anon Aadhaar
privacy + scaling explorations
TLSNotary
privacy + scaling explorations
Consumer Crypto Prize
Coinbase Developer Platform
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