POINTS UTILIZATION WITHIN THE ASSEMBLE PROTOCOL
ASSEMBLE Protocol is a global point integration platform based on blockchain that leverages ASM utility tokens while creating a business ecosystem that can combine, use and monetize existing points and miles to point suppliers , customers and distributors.
ASSEMBLE Protocol is a blockchain-based global point integration platform. ASSEMBLE integrates point suppliers (corporations) with customers and partners (corporations and customers) in order to eliminate integrated points, different uses, and expiry dates so that points can be used as equivalent value products.
The ASSEMBLE Protocol offers its customers an unrestrained advantage to utilise their points anywhere in the world without any time or place restrictions, just as they use funds. And to encourage a stream of advantages for point providers and ASSEMBLE partners to further expand their markets and to access a rich pool of users.
In addition, point providers within the ASSEMBLE Platform can create data infrastructure to develop advertising strategies. In addition , the implementation of new consumer inflow networks will achieve marketing efficiencies as a result. Through the ASSEMBLE Platform, users can see their points at a peek, and they can also quickly convert their current points into ASM and ASP Tokens. Also, they can flexibly cash them out or invest them within PX to buy products or services. As a result of the optimum integration of technological innovations and solutions, I think the ASEEMBLE protocol is on the right track to becoming a successful project. Some of the key elements of the ASSEMBLE protocol includes but not limited to: point integration, point usage and advertisement.
⭕ Point Integration
ASSEMBLE Protocol allows all users to convert their different reward points into a single digital asset, and users also convert their accumulated token into a single ASM token from multiple partners. If any user can make purchases via their ASSEMBLE platform point, they will receive significant benefits such as discount and additional service. If any consumer buys any products with ASSEMBLE reward points, ASSEMBLE offers more discounts and support.
⭕ Point Usage
The ASSEMBLE platform provides interpersonal digital asset exchange. So, at any moment, users can send their tokens to anyone. The ASSEMBLE platform allows for transactions.
⭕ Placement of Adverts
The ASSEMBLE platform will be able to develop a new advertising initiative that will allow the advertiser to sustain its advertising via a mobile app.
POINTS MARKET
The global point market is expanding annually. Currently, point services are being used in different sectors for advertising and consumer development to improve revenue. Korean Air initially adopted the Korean point system in 1984. The Korean point sector is forecasted at approximately 20 trillion won as of 2019, and it indicates an increase of more than 10 percent annually. In fact , the total mileage points paid by regional credit card companies to customers added up to KRW 2.99 trillion as of 2017. To enhance or sustain the point system created for commercial reasons, businesses need extra marketing expenses. Consequently, points are not acknowledged as equal-value goods. It has recently been announced, as a real event, that the market price of unused and extinguished card points for domestic card companies has surpassed 100 billion won.
Blockchain technology-issued digital assets are centered on the value of the asset, fixing the issue of exchange fees and charges. The question of transmission speed can also also be addressed since one blockchain network is used by the point network that has been distributed around the world.
ASSEMBLE'S ROADMAP
3rd-4th quarter of 2019
● Team building
● Service and application concept construction
Q2 2020
● White Paper Presentation
● Style.com partnership
● Club Pass partnership
Q3 2020
● Released ASSEMBLE Wallet
Q4 2020
● Completed development of ASSEMBLE Point Exchange
● Completed development of ASSEMBLE MarketPlace
1st quarter of 2021
● ASSEMBLE web version launched (Window/Mac)
● Plug-in development of partner company completed
2nd quarter of 2021
● ASSEMBLE mobile version launched
CONCLUSION
So far in 2020, the assembly protocol is an excellent blockchain-enabled project and is said to be one of the massive projects with a major impact on the entire point market ecosystem because it makes point users equal value for services obtained, creates transaction ease of access, eliminates time wasting, reduces costs, etc. This will in no Small way bind the broad community of global point stakeholders.
You can get more updates information about
ASSEMBLE, kindly check the social media channels below.
Website: http://assembleprotocol.io/
Whitepaper: http://assembleprotocol.io/paper/assemble_whitepaper_ver1.0_kr.pdf?200820
Telegram: https://t.me/assembleprotocol
Twitter: https://twitter.com/ASSEMBLE_io
Facebook: https://www.facebook.com/Assemble-Protocol-102092401488638/?modal=admin_todo_tour
Reddit: https://www.reddit.com/r/ASSEMBLEprotocol/
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