Momentum Protocol, the global standard for Blockchain-based loyalty and reward programs aiming to bring blockchain applications to the mainstream, has announced the addition of 3 new organizations to its partnership network. The new members, which represent the first general partnerships with companies active in the Middle East, further strengthen the global expansion and support for the leading blockchain and reward-based infrastructure protocol.
With the support of its new CEO David Mock and a fast-growing and increasingly diverse network, Momentum Protocol announces the expansion of its portfolio of partners, with the addition of Beam Wallet, World Acceptance Group and SuntreeRecords.
Momentum Protocol allows organizations to bring their existing loyalty system onto the blockchain or start fresh with a new one directly on chain.
New MOUs signed with:
Beam Wallet Pty. Ltd.
Beam Wallet is a 21st-century global payments acceptance platform with built-in support for smart contracts. This preliminary partnership agreement is the natural first step in creating a complementary relationship between Beam Wallet and Momentum. We look forward to a very bright future with Beam Wallet.
World Acceptance Group
World Acceptance Group has been an active member in the loyalty branch since 2007, with a worldwide mission to provide hotels with the possibility of becoming less dependent on high-cost booking sites, increasing returning visitors and, most importantly, revenue. World acceptance group will be one of the first users of the Momentum Protocol.
Suntree Records is home to a diverse multicultural family of artists in musical genres, such as lounge, chill-out, soulful house, house, funk and more. The record label is known for original sounds and for blending beautiful beats with live music; Suntree sees the potential to establish a closer bond with its audience through a solution like a blockchain-based loyalty system.
Eyal Oyster, Director of Momentum Protocol
“I am very happy to see the growing interest in Momentum Protocol and we are having some great success going on and positive feedback from the market.”
About Momentum Protocol:
Momentum Protocol enables companies to easily launch new loyalty rewards points programs or convert their existing programs onto the blockchain. This standard blockchain infrastructure allows consumers to easily exchange their reward points between various programs, providing liquidity by allowing them to maximize the value of their points. A full API stack allows companies to unlock the hidden value of their loyalty points in their marketing and consumer-facing solutions. It also allows them to use points to, for example, reward consumers, not only when they make a purchase, but every time they show support for their favorite brand.
Disclosure: This is a sponsored press release