In Gabrotech, we have a vision to disrupt the loyalty rewards market and hand back the control of rewards rules to the public. Our open-loop decentralized ecosystem Gabro aims to provide consumers with the ability for instant redemption and manage multiple loyalty point and exchange them freely on a single blockchain enabled platform.
WHY DISRUPT THE REWARDS INDUSTRY
THE LOYALTY REWARDS PROGRAM MARKET IS WORTH AN ESTIMATED USD 500 BILLION, WITH EACH HOUSEHOLD ENROLLING IN AN AVERAGE OF 25 PROGRAMS. HOWEVER, THE ACTUAL UTILISATION OF REWARDS POINTS VARIES FROM 10% TO 80%, DEPENDING ON SECTOR.
SURVEYS INDICATE THAT UP TO 78% OF CONSUMERS ARE UNSATISFIED WITH THE FRAGMENTED STATE OF THE LOYALTY PROGRAM MARKET. MANY CONSUMERS ALSO HOLD THE BELIEF THAT LOYALTY PROGRAM OPERATORS (LPO) MAKE IT DIFFICULT FOR THEM TO REDEEM POINTS, AS EXPIRED POINTS BECOME A FORM OF PROFIT TO THE LPOS. THIS PRESENTS A HUGE OPPORTUNITY FOR US TO IMPROVE THINGS.
USE CASE 1: FLIGHT REDEMPTION
John wants to redeem an air flight ticket to go to New York from London. When he looks at his air mileage loyalty program, he finds that his points are insufficient for a ticket redemption. He has two options: he can either pay cash to buy outstanding points, or use his credit card to purchase items to earn points and thereafter, convert the points to mileage. These options are both costly and take a lot of time. Meanwhile, John normally uses his credit card to earn retail loyalty points or shopping incentives and has many points for the supermarket chain instead of the airline. He finds out that loyalty points are not interchangeable between stores, brands or industries.
The Solution
Gabro Wallet 2.0 is the first loyalty crypto wallet designed for consumers to conveniently convert their unused loyalty points to cryptocurrency (Gabro Coin) in order to instantly redeem their preferred services, discount coupons, loyalty points, air tickets, hotel rooms, etc. Gabro Wallet 2.0 also allows users to set their redemption targets and personalise their notifications according to the amount of points needed for various redemption levels. Gabro Prepaid Card allows users to earn a 0.1% reward for every purchase they make. This incentive will be transferred to the user in the form of Garbo coins, which additionally gives them the opportunity to become Gabro coin holders and benefit from a potential upside in coin value.
USE CASE 2: FUNDING TRAVEL WITH CRYPTOCURRENCIES AND CROSS-BORDER ONLINE SHOPPING IN CRYPTOCURRENCY
Winnie is a bitcoin investor who enjoys travelling and shopping online. She finds it difficult to convert her bitcoins to fiat currency when she is overseas or when she wants to shop online.
The solution
Gabro Wallet 2.0 allows users to buy, hold and exchange Bitcoin, Ether Litecoin and other cryptocurrencies with fiat currencies at the best possible exchange rate. It can hold, transfer and exchange users’ money in their home currency and other foreign currencies with the real exchange rate.
With the Gabro Card, users can spend globally with real exchange rates and make international ATM withdrawals. They will also receive instant payment notifications and view intuitive analytics that automatically categorise their transactions, allowing them to plan ahead and stay within their budget.
CASE 3: INBOUND REMITTANCES AND CROSS-BORDER P2P PAYMENTS
Andy is an investment banker and a frequent traveller. He is using his bank’s service to transfer money and finds it hard to have a consistently positive experience when moving money locally and overseas. Despite living in a globalised and networked world, the process of transferring money from one place to another can sometimes still be rather troublesome. Andy’s complaints for overseas money transfers through a bank include: unfavourable forex rates, lengthy transfers, overly-complicated processes and high bank transfer fees.
The solution
Gabro Wallet 2.0 allows users to send tokens or loyalty points to their friends and family, locally and globally, in seconds, via Token. Recipients can choose to convert the coins to fiat currency or loyalty points at competitive forex rates and/ or handling fees through a flexible and simple process.
COMPANY MILESTONES
Sep 2017
Gabrotech founded.
Jan 2018
Prototype Built.
Feb 2018
Agreement signed with pre-paid card issuing company.
Mar 2018
Whitepaper complete.
Apr 2018
Key Executives On-board.
May 2018
Official Website launch.
Jun 2018
Roadshow in multiple countries.
Jul 2018
Token Sale Launch.
Aug 2018
Pre-registration apps go live.
Oct 2018
Sign up loyalty merchant partners.
Dec 2018
Gabro loyalty rewards platform release.
Jan 2019
Multi currency conversion engine (MCCE) release.
Feb 2019
Gabro cards to be shipped in Asia.
Mar 2019
O2O analytics and execution platform release.
Apr 2019
Gabro cards to be shipped in Europe.
PRE-ORDER YOUR GABRO CARDS
USING GABRO’S MCCE MODULE, GABRO CARD ENABLES ALL SUPPORTED CRYPTOCURRENCIES TO BECOME SPENDABLE IN REAL-TIME
GABRO PREMIUM CARD
In order to receive a Gabro Premium card, the user must hold 25,000 GBO in their Gabro digital wallet. Limited supply.
Alliance Premium card holders will also receive 0.5% GBO rewards in return, which can be redeemed or converted into other currencies or air miles. Shopping and travel insurance will be offered up to USD100,000.
In order to receive a Gabro Premium card, the user must hold 25,000 GBO in their Gabro digital wallet. Limited supply.
Alliance Premium card holders will also receive 0.5% GBO rewards in return, which can be redeemed or converted into other currencies or air miles. Shopping and travel insurance will be offered up to USD100,000.
GABRO STANDARD CARD
In order to receive a Gabro Standard card, the user must hold 10,000 GBO in their Gabro digital wallet. Limited supply.
Alliance Standard card holders will also receive 0.1% GBO rewards in return, which can be redeemed or converted into other currencies or air miles. Shopping and travel insurance will be offered up to USD100,000.
In order to receive a Gabro Standard card, the user must hold 10,000 GBO in their Gabro digital wallet. Limited supply.
Alliance Standard card holders will also receive 0.1% GBO rewards in return, which can be redeemed or converted into other currencies or air miles. Shopping and travel insurance will be offered up to USD100,000.
GABRO DIGITAL WALLET
This gives you the convenience of managing an array of different loyalty programs and reward points. Built into the Gabro Digital Wallet are state-of-the-art security features to help protect transactions via several means: biometric, facial recognition, passcode access and pattern-recognition.
This gives you the convenience of managing an array of different loyalty programs and reward points. Built into the Gabro Digital Wallet are state-of-the-art security features to help protect transactions via several means: biometric, facial recognition, passcode access and pattern-recognition.
GABRO TOKEN UTILITY
GBO will be at core ofthe merchant’s rewardecosystem. It is necessaryto obtain Gabro in orderto obtain access to the services onthe Gabro ecosystem. For merchants,it serves as a payment mechanism.For users, it serves as a way to unlock special discounts and to exchange reward points or Merchant Tokens.They serve different roles for both these parties and hence offer different utility to them.
GBO will be at core ofthe merchant’s rewardecosystem. It is necessaryto obtain Gabro in orderto obtain access to the services onthe Gabro ecosystem. For merchants,it serves as a payment mechanism.For users, it serves as a way to unlock special discounts and to exchange reward points or Merchant Tokens.They serve different roles for both these parties and hence offer different utility to them.
GABRO PRE-PAID CARD
Top up with your spare reward points to spend on assets in over 200 countries with 60 million outlets. Gabro aims to achieve this through a partnership with a leading global payment services provider, which will be announced in future.
Top up with your spare reward points to spend on assets in over 200 countries with 60 million outlets. Gabro aims to achieve this through a partnership with a leading global payment services provider, which will be announced in future.
MULTI-CURRENCY CONVERSION ENGINE
MCCE is a protocol system that utilises our liquidity pool. Our platform rapidly converts any supported blockchain asset to the appropriate fiat currency at market value in real-time.
MCCE is a protocol system that utilises our liquidity pool. Our platform rapidly converts any supported blockchain asset to the appropriate fiat currency at market value in real-time.
O2O ANALYTICS PLATFORM
For merchants, Gabro’s O2O analytics platform provides insights on customer trends and preferences, while the execution platform provides personalised digital channels in which to issue branded merchant tokens. Relevant offers could be targeted through the platform based on past transactions with Gabro and the merchant.
For merchants, Gabro’s O2O analytics platform provides insights on customer trends and preferences, while the execution platform provides personalised digital channels in which to issue branded merchant tokens. Relevant offers could be targeted through the platform based on past transactions with Gabro and the merchant.
LOYALTY CENTRAL
This is a loyalty rewards platform that allows users to convert idle points from one brand or program to top up another. In addition to redeeming rewards, consumers can exchange Gabro for reward points with other merchants
TOKEN SALES PROCESS
1st June 2018
Launch of Gabro Wallet 2.0 prototype and pre-order list.
31st July 2018
Commencement date of GBO Token sale.
30th Aug 2018
Additional partnerships with exchanges and currencies.
31st Aug 2018
End date of GBO Token sale.
1st Sep 2018
Loyalty campaign launch and go live .
1st Oct 2018
Launch of other merchant coins in our platform.
TOKEN DISTRIBUTION OVERVIEW
Token Symbol: GBO
Total Token Supply: 1,000,000,000 GBO
Hard Cap: $50M
Token price: 1 ETH buys 5000 GBO
Minimum Purchase: 0.1 ETH
Accepting: Ethereum (ETH)
ERC20 Token: Yes
Individual Cap: None
Escrow of funds: Funds secured in multi-signature escrow account
Countries Allowed: As determined in the sole discretion of Gabro tech PTE
Bonus structure
5 ETH or more = 10% bonus GBO
10 ETH or more = 15% bonus GBO
30 ETH or more = 20% bonus GBO
*Other bulk purchase and early bird offers are also available
GABRO TEAM
GABRO IS FOUNDED BY A TEAM OF 7 BLOCKCHAIN ENTHUSIASTS. THE TEAM HAS ACCUMULATED OVER 100 YEARS OF EXPERIENCE IN PAYMENTS IN DIFFERENT BANKS, CARD CARRIER NETWORKS AND FINTECH COMPANIES. THE GABRO TEAM IS BASED IN CHINA, HONG KONG, SINGAPORE AND THE UK
CHAIRMAN – ANDY, P.K. CHEN
CHIEF MARKETING OFFICER – KIM, K.W. MAK
CHIEF PRODUCT OFFICER – JONATHAN, Y.T. LEE
CHIEF TECHNOLOGY OFFICER – WILLIAM, C.Y. CHAN
CHIEF DIGITAL OFFICER – BRIAN, C.W. TSE
CHIEF FINANCIAL OFFICER – K.S. CHUNG
CHIEF OPERATING OFFICER – WINNIE, Y.W. LUI
BOARD OF ADVISORS
Yuen Wong
Dominic Wu
Joe Ngoi
Rajesh Sabari
This is a loyalty rewards platform that allows users to convert idle points from one brand or program to top up another. In addition to redeeming rewards, consumers can exchange Gabro for reward points with other merchants
TOKEN SALES PROCESS
1st June 2018
Launch of Gabro Wallet 2.0 prototype and pre-order list.
31st July 2018
Commencement date of GBO Token sale.
30th Aug 2018
Additional partnerships with exchanges and currencies.
31st Aug 2018
End date of GBO Token sale.
1st Sep 2018
Loyalty campaign launch and go live .
1st Oct 2018
Launch of other merchant coins in our platform.
TOKEN DISTRIBUTION OVERVIEW
Token Symbol: GBO
Total Token Supply: 1,000,000,000 GBO
Hard Cap: $50M
Token price: 1 ETH buys 5000 GBO
Minimum Purchase: 0.1 ETH
Accepting: Ethereum (ETH)
ERC20 Token: Yes
Individual Cap: None
Escrow of funds: Funds secured in multi-signature escrow account
Countries Allowed: As determined in the sole discretion of Gabro tech PTE
Bonus structure
5 ETH or more = 10% bonus GBO
10 ETH or more = 15% bonus GBO
30 ETH or more = 20% bonus GBO
*Other bulk purchase and early bird offers are also available
GABRO TEAM
GABRO IS FOUNDED BY A TEAM OF 7 BLOCKCHAIN ENTHUSIASTS. THE TEAM HAS ACCUMULATED OVER 100 YEARS OF EXPERIENCE IN PAYMENTS IN DIFFERENT BANKS, CARD CARRIER NETWORKS AND FINTECH COMPANIES. THE GABRO TEAM IS BASED IN CHINA, HONG KONG, SINGAPORE AND THE UK
CHAIRMAN – ANDY, P.K. CHEN
CHIEF MARKETING OFFICER – KIM, K.W. MAK
CHIEF PRODUCT OFFICER – JONATHAN, Y.T. LEE
CHIEF TECHNOLOGY OFFICER – WILLIAM, C.Y. CHAN
CHIEF DIGITAL OFFICER – BRIAN, C.W. TSE
CHIEF FINANCIAL OFFICER – K.S. CHUNG
CHIEF OPERATING OFFICER – WINNIE, Y.W. LUI
BOARD OF ADVISORS
Yuen Wong
Dominic Wu
Joe Ngoi
Rajesh Sabari
For more information please follow us below:
Website : https://gabrotech.io/
Telegram : https://t.me/Gabrotech
Twitter : https://twitter.com/gabrotech
Facebook : https://m.facebook.com/gabroTech6/
Linkedin : https://www.linkedin.com/company/gabrotech
Author: Al Muhaimin
my bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1977549
My ETH: 0xFa3aECe75c6fa68F2A7A2690e5080FE62F82ed42
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