[IMPACT]
Traditional loyalty programs and rewards schemes are often seen as short-term fads and there are a number of reasons for this. Most notably, too many reward programs motivate existing or potential customers without delivering real value, usability or freedom. We believe the Epay solution offers the solution to these issues by providing higher engagement and customer lifetime value, all while mitigating the risks of a huge data breach by being on the blockchain.
Blockchain transforms your points into coins.
It doesn’t stop with the shopping ,travel or coin rewards of course.
The EPT Coin, a cardano token, will be available on the Cardano ecosystem. So, all you’ll have to do is download the app, make a purchase at any platform that we have partnered with, scan a QR code, and start earning. And you can do it all while shopping or enjoying the usual ride to work.
EPT Tokens will exist only on the cardano blockchain. This (1) minimizes transaction costs and (2) speeds up transaction times with enough security, thereby ensuring immediate exchange between loyalty tokens and enabling redemptions within physical stores.
Additionally, users can exchange EPT Tokens for our Kenyan StableCoin(which is under development) on the public blockchain, which would allow further exchanges into crypto or fiat currency. However, this feature will only be available after the EPT crowd sale, when EPT will become freely transferable.
Resources- Experienced Business Managers and developers(team) to trust with the project.
Acceptance to the involved audience- Knowing there is a 50% without smartphones and a 3% without internet accessibility. I view this a growing opportunity as I am in my ideation stage.
[FEASIBILITY]
As everything is set, I beleive starting now will be a huge advantage after the government just integrated cbdc currency. I have regional cardano developers who can work with me and so by the next two months, I believe the architecture and the designs will be ready. The next other two months can be on collaborating with guys to allow us to build their payment system on us and signing contracts. By late 2022, we plan to have launched the platform
2 Flask and Flutter Developers -2000usd
2 Haskell Developers - 3000usd
2 Business Analyst/Marketer - 2000usd
1 Front End Mobile UX Engineer - 2000usd
1 Front End Web UX Engineer - 2000usd
Legal, Tax & Accounting Interns - 1000usd
Other subscriptions and future unaccounted issues- 3000usd
I am currently alone and so Immanuel Maina is a blockchain developer currently working on cardano .Having previously worked on Bsc and Eth, I beleive I am a good person to lead developers into this journey which will help cardano grow while at the same time bringing value to the users in form of cashback.
[AUDITABILITY]
Clarifying the Expectations
Set Regular Monitoring Intervals- planned on using trello for this
Choose a Way to Collect Data - github commits and deployments
Adjusting expectations - If the actual progress doesn't align with the expected progress, it's time to evaluate the situation and see what needs to change
I would like to see markets, hospitals, travel agencies and all user servicing companies integrate our protocol and after some adoption we want to see the agreed calculated commission model working on every transaction involved. I would also introduce a service for exchange where a person with UBER points/tokens can swap for LITTLE points /tokens or any other involved entities. This will be an agile project, introducing while testing small advancements in the system.
No. This is my first and official proposal
SDG Rating
SDG goals:
Goal 1. End poverty in all its forms everywhere
Goal 5. Achieve gender equality and empower all women and girls
Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Goal 10. Reduce inequality within and among countries
Goal 11. Make cities and human settlements inclusive, safe, resilient and sustainable
Goal 12. Ensure sustainable consumption and production patterns
Goal 16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development
SDG subgoals:
1.a Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least developed countries, to implement programmes and policies to end poverty in all its dimensions
12.2 By 2030, achieve the sustainable management and efficient use of natural resources
17.19 By 2030, build on existing initiatives to develop measurements of progress on sustainable development that complement gross domestic product, and support statistical capacity-building in developing countries
17.3 Mobilize additional financial resources for developing countries from multiple sources
8.2 Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors
8.4 Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10‑Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead
Key Performance Indicator (KPI):
1.a.1 Total official development assistance grants from all donors that focus on poverty reduction as a share of the recipient country’s gross national income
12.2.1 Material footprint, material footprint per capita, and material footprint per GDP
12.2.2 Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP
17.3.1 Foreign direct investment, official development assistance and South-South cooperation as a proportion of gross national income
17.3.2 Volume of remittances (in United States dollars) as a proportion of total GDP
8.2.1 Annual growth rate of real GDP per employed person
8.4.2 Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP
8.4.1 Material footprint, material footprint per capita, and material footprint per GDP
17.19.1 Dollar value of all resources made available to strengthen statistical capacity in developing countries