🎁Paid Redeemable Rewards
Redeemable rewards are those rewards that can be redeemed at the Advertisers, but they require payment on the end-user side.
Advertisers create a campaign defining the content of the reward (e.g., free coffee when you spend $10 or more). They then assign a price of the product, max permitted unit, budget, time period, and conditions for the promotion. Once the contract is funded in CRN tokens equivalent to the specified budget the campaign will go live.
Chainrewardz's AI engine analyzes the parameters and identifies suitable publishers within the network.
End-users from the publishers make purchases based on the price of the product and redeems the code with the advertiser in-store or online.
Users then redeem the reward in-store or online.
After the return policy period ends, Publishers and Advertisers receive CRN tokens.
Last updated