About Nexxus Rewards
Nexxus Rewards provides win-win-win scenario for local community charities, merchants, and shoppers. Charities get a leveraged perpetual fundraiser to indefinitely fund their important social causes. Merchants get and keep new customers with a completely risk-free and affordable marketing solution where they pay nothing until after the sale, and when they do pay, they name their own price. Shoppers collect and redeem shared Nexxus Rewards points like cash from all participating merchants. Nexxus charities and non-profit organizations share in the gross revenues generated from their member’s shopping and their member’s referred friends and family to infinity on their entire shopper network of potentially tens of thousands of shoppers. They have nothing to sell or buy – they just support their local community. Nexxus Rewards merchants pay nothing to get started and they can start acquiring new customers with a free text messaging (SMS) mobile marketing system to broadcast daily promotions. Shoppers keep coming back again and again to collect and redeem their cash back reward points.
|Token Name||Nexxus Rewards|
United States of America
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Merchant Value Proposition
Risk free: Nexxus Rewards merchants have a completely risk-free and affordable solution to get and keep new customers. There are no signup fees, no contracts, no special software or terminals to lease or purchase. Merchants pay nothing until after they make the sale, and when they do, they name their own price – no more “pay-n-pray” advertising hoping for eventual results.
Customer acquisition: Merchants can acquire new customers by accessing Nexxus registered shoppers with a text messaging (SMS) mobile marketing system to send daily promotions at no additional cost. Merchants can reach shoppers that may not even know they exist and reach them where they are – on their mobile devices. Merchants also have an online presence on the mobile shopper application.
Affordable pricing: Merchants can name their own price for the valuable Nexxus Rewards marketing services. Each merchant decides how much cash back reward percentage they will offer based on their profit margins. Even the low 1% to 5% marketing fees are flexible and based on the offered cash back reward percentage.
Local problems are best solved by the local solutions. Local charities and non-profit organizations have always been best at solving local social challenges, whether it has been at the local soup kitchen to feed the homeless, the local shelter to protect battered women, or local animal shelter for abandoned animals. But these programs are too often severely underfunded and hindered by government bureaucracy, wasteful overhead expenses, and lack of timely donations.
Charities get a leveraged perpetual fundraiser to indefinitely fund their important social causes from an endless network of referred shoppers who tell their friends, and who tell their friends, and… well you get the picture. Merchants get and keep new customers with a completely risk-free and affordable marketing solution where they pay nothing until after the sale, and when they do pay, they name their own price. The Nexxus Rewards technology is already production-ready for revenue generation with product development and market testing completed.
Role of the Nexxus Digital Token
The Nexxus Digital Token was developed in the early stages of product development of the Nexxus ecosystem in 2016 by Nexxus Rewards. It was designed from the beginning to be the internal currency for value exchange within Nexxus Rewards. Some Nexxus tokens were distributed for product development funding in part to private angel investors and other contributors with the early vision to see the potential of the Nexxus mission and business strategy. The Nexxus digital token currently has a privately established value of $0.20 USD.
Internal Currency: The Nexxus internal reward points used for the cash back rewards are a digital token called the Nexxus Token. It is the internal currency of Nexxus Rewards.
Technical Specifications: The Nexxus Token is an Ethereum-based ERC20 compliant token with a total supply of 375M that includes an incremental healthy inflation factor. Nexxus Token holders receive ½ percent interest on their minimum monthly balance as an incentive to hold their coins. As the utilization of Nexxus Rewards and the Company token increases, the inflation rate will have a corresponding declining track.
Nexxus Rewards Go-to-Market Strategy
The most effective form of advertising is word-of-mouth. Nexxus Rewards includes a viral marketing program designed to provide financial incentives to its merchants and shoppers for referring new shoppers to Nexxus. Shoppers can earn free shopping reward points for every transaction at any Company merchant by anyone they personally refer. Shoppers can share Nexxus with their friends and family and earn free shopping rewards. Merchants and charities can create additional revenue stream on every transaction at any merchant by shoppers they refer and by anyone those shoppers refer to infinity. Shoppers earn 10% and merchants and charities earn up to 20% of the marketing fees generated from the transactions.
Real Utility Buyer Demand
The Nexxus Token built-in buyer demand as the internal currency of Nexxus Rewards. Every purchase in any currency drives buyer demand and the value of the Nexxus token. Regardless of the currency used for the purchase, the cashback reward percentage offered by the merchant is automatically purchased from the market in Company tokens. For example, if a merchant offers a 10% cash-back reward and the shopper spends $100, Nexxus Rewards takes $10 from the merchant and buys $10 worth of Nexxus tokens from the public exchange. Potentially tens to hundreds of millions of dollars rewarded daily in Nexxus Reward points creates tremendous utility buyer demand.
Nexxus Rewards Blockchain
The Nexxus Rewards solution’s unique benefits are only possible by utilizing blockchain and cryptocurrency technology. The Ethereum blockchain is the technology currently implemented to support the business layer services of Nexxus Rewards. Nexxus Rewards is architected to agnostically operate on many different smart contract platforms. As Distributed Ledger Technologies (DLT) mature, Nexxus Rewards can easily move to other leading technology platforms when and if the need arises. The dynamic value of the Nexxus Reward points is only possible as a cryptocurrency token traded on the public exchanges and driven in price by the automatic buyer demand created by Company Rewards to grant Nexxus Reward points to shoppers.
Robert A. Wood, CEO & FOUNDER
W. Terry Howell, Ed.D., COO
Richard Leblanc, MARKETING DIRECTOR
Gary Berriochoa, VP BUSINESS DEVELOPMENT
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