Habitz

Screenshots

Problem Statement

Pain points for the User• Lack of compelling incentives in traditional loyalty programs.• Difficulty in maintaining long-term engagement with brands.• Limited sense of value and ongoing benefits beyond the initial purchase.• Insufficient motivation to develop and sustain positive habits.• Uncertainty and lack of trust in loyalty program rewards and tracking.Pain points for the Brand• Challenges in retaining customers and building lasting relationships.• Decreased customer loyalty and repeat purchases.• Difficulty in encouraging consistent product usage and engagement.• Limited means to differentiate from competitors and create value for customers.• Trust and transparency concerns regarding rewards and program effectiveness.SolutionHabitz is a habit forming platform that leverages blockchain technology, behavioral economics principles, to incentivize and reward consistent behavior. By providing customers with a platform to participate in events created by brands they purchased and earn cashback rewards based on achieving daily milestones, the platform aims to create value for customers while promoting product usage.Value Propositions• Integration of behavioral economics to motivate customers through habit formation.• Utilization of blockchain technology for transparent tracking and verification.• Customized brand events for a personalized customer experience.• Cashback rewards based on achieving specific milestones.• Focus on creating ongoing value for customers and fostering mutual benefits between brands and customers.

Solution

This is the tech that we used to build the platformcore - Smart contracts incorporating business logicui - Next.js/TypeScript-based frontend dAppSuperFluid - For real-time streaming rewards based on Programmable CashflowsPolygon - Easy, Cheap and quickest L2 solution for deploying contractsLivepeer - for live streaming instructor-led contentMonaverse - publishing and viewing the live stream in the metaverseYouTube - Online course provider