Crypto loyalty platform Incent is giving everyday consumers a new way to save as they spend, building a nest egg at a time when there are few good opportunities for regular investors. In the ten years since the Global Financial Crisis, Quantitative Easing has boosted housing and asset prices, the wealthy have prospered and inequality has increased – but ordinary people are struggling with increased debt and lower wages. Low interest rates offer poor returns, and less than half of millennials have enough savings to last them just three months. Income-generating apps It is within this context that an increasing
The post Incent Offers New Possibilities for Wealth Generation appeared first on The Merkle Hash.
Powered by WPeMatico
Amid a surge in income-generating smartphone apps, Incent is making itself heard. The crypto rewards platform offers a unique opportunity for regular shoppers to earn a passive income.
Australia’s first crypto is seeking to overhaul the loyalty industry and change the way consumers spend, save and build wealth – at a time of unprecedented challenges for millennials and the younger generations. Over the past two years, loyalty has emerged as a major use case for blockchain technology, offering efficiencies and entirely new business models. It is an open secret that conventional consumer loyalty is broken, with most rewards schemes offering little value for customers and retailers alike. Now, Incent – Australia’s first major crypto project, established in 2016 – is ready to target a broken industry with ground-breaking