Pratiwi Kusumaningtyas: THE SUITE - The new generation of Loyalty Program based on blockchain

We will provide Article to present the “ THE SUITE” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.

The Suite is a platform where users can accumulate loyalty points in a single account, simplifying the process and making obsolete the countless Loyalty Cards on the market.

The project that caught my attention is called The Suite. The main goal of the project is to use all existing loyalty programs for customers in one place, that is, within one decentralized network. Where each user will be able not only to accumulate points, but also to spend them on any direction he likes.

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FidelitySuite is a platform where it will be possible to accumulate loyalty points from stores and adherent hypermarkets (without the necessity of having multiple cards) and to convert them into services or money through the SuiteCredits (STC) and the token (STK).

Main features

HYBRID SYSTEM — The combination of the STK token and SCT tokens will allow the blockchain-based hybrid system an application in the real market: SCT stability for the “loyalty point” and STK integrated into the system with specific services and events dedicated to investors and crypto users.
NTEGRATED — It will be possible for anyone with a crypto-based project to integrate their services on the Suite platform.
HE SUITE INFRASTRUCTURE — The acquisition of infrastructures owned by The Suite the project will ensure a solid economic and business security and will immediately allow the use and distribution of SCT in the real-life market.
INNOVATION AND SIMPLICITY — The Suite platform will be full of innovative services and never offered in the fidelity card market. The simplicity of its design will favor the discovery of the crypto to new users and the choice of specific services for already experienced users.

The concept of rewarding stores, branches and other enterprises for their loyal system of services, which are able not only to meet the demand of their customers, but also to open up additional opportunities for them, also intends to complement the whole range of services. This can include anything from gift certificates to medical and insurance services, Parking fees and many other things useful for our daily lives.

HOW IT WORKS

Specifically, it is possible to understand the management of the tokens (STK) and of the SuiteCredits(SCT) with the following scheme:

APP

It will allow the final users and investors to:

Accumulate and spend SCTS through the barcode containing the Wallet address
Consult the balance of their tokens (STK) or SuiteCredit (SCT) in the user registry and view the list of businesses that accept Tokens (STK) as a medium of payment
Check the list of shops or partner services that accept SCTS (credits conversion -> partner)
Make purchases on the FidelitySuite platform
Get to know the promotional offers of adherent shops 6) buy SCT

Advantages The Suite

If we talk about the benefits of The Suite, they are quite a lot. First, this platform will open access to such innovative services that were previously unavailable in the market of traditional loyalty programs. Secondly, the simplicity and ease of use of the application itself will contribute to the development and further adoption of cryptocurrencies themselves as payment for certain services. Third, anyone who wants a project that is developed on the blockchain will be able to join The Suite to provide its services to the user and reward him with additional points of the client. And, fourth, The Suite due to its hybrid system, which is able not only to combine the two tokens STK and SCT, but also to ensure their stability on the exchange, as well as to investors and other crypto users.

Thus, we see that The Suite is able to provide a reliable and cost-effective infrastructure for both its commercial customers and their users.

ICO DETAIL

As you have already noticed, two tokens will be presented on the platform: STK (this is the official coin of the project, with the help of which all possible conversions and exchanges of other cryptocurrencies will take place on STK and back). And the second token SCT(with which the user will be able to make partial or full payment for a Bank loan, redemption or any other Bank transfer, specifying their details and account. Also it is easy to include the acquisition of any coupons from different online stores, and many other things). All this you will be able to study in more detail in The white paper of the project, so I do not see the point now to pay too much attention to this.

As for the other details regarding the tokens, the founders personally invested the initial investment in the development of the concept. Now that the project has reached the second stage of development, the developers intend to raise the necessary funds for the further development and launch of the Suite system through public sales. To do this, they are ready to allocate 1 billion coins STK.

In total, there will be three stages of sales, each of which will be accompanied by its own terms of participation and discount system available in a specific period of time.

TOKEN DISTRIBUTION