Greetings Community, In this new post I will introduce about the Sandblock project, and for more details let's just go to the following discussion:
Customer satisfaction is an important metric for any business success. However, this relationship is currently quite unbalanced and has negative implications for business owners and customers. Businesses that strive to offer great customer satisfaction are often unnoticed while those with poor customer satisfaction records can get through as they can play system games.
Sandblock SAT aims to balance the relationship between customers and businesses. The final game is to increase customer satisfaction for the benefit of both parties. To achieve this, Sandblock SAT wants to motivate the implementation of crypto payments as a standard form of payment. Through this system, customers will be rewarded for loyalty to the business.
Sandblock is built on the Ethereum blockchain, which is the most sophisticated blockchain to prevent fraud and verify transactions. As a result, this will ensure that every customer is rewarded in a fair way.
The Sandblock Ecosystem
The goal of Sandblock is to create an ecosystem that allows merchants to reward customers for their loyalty using digital currency. With the help of blockchain technology, this will be very easy to achieve.
The ecosystem will consist of merchants, customers, and third parties like marketers. All of these actors will be interconnected through a decentralized system. To participate, the merchant buys a certain number of tokens. This system is designed to encourage merchants to join early on. As time passes, the cost will increase as the Token inventory decreases.
When the initial set of users is populated, network partners will have a size to allow decentralized governance using smart contracts. The goal of Sandblock is to unify the data distribution of customer satisfaction while enabling customers to maintain their superiority in competition by rewarding customers.
Merchants will all be connected via Token. They will allow customers to use the tokens they get to make a purchase or withdraw it.
For customers, this will be a big win. In traditional reward systems, customers are usually locked in merchant reward systems. Customers must make more purchases from merchants or lose the rewards they get.
With Sandblock tokens, customers are released. They can choose to buy more or withdraw their prizes and make purchases from other merchants. They can also choose to attract merchant tokens and turn their tokens into fiat currencies.
Details of Sandblock SAT ICO Crowdsale
Sandblock will have its own crypto coin called Satisfaction Token (SAT). Token creation events have been set for the first and second quarters of 2018. However, no exact dates have been given. This token will be based on the Ethereum blockchain through smart contracts based on the ERC20 standard.
Smart contracts will be available for surveillance from anyone 72 hours prior to the commencement of crowdsale. It will run for a maximum of 30 days. At this time, anyone will be able to buy SAT with ETH. The minimum investment limit of the crowdsale is expected to be $ 2 million.
To find relevant details of the current Sandblock project please follow some sources for the following references:
The bitcointalk name: Aray80