The Main Properties of the Liquid Bonus™ Rewards.
Free To Earn
There are no limits on the transfer of Liquid Bonuses™ inside our community-driven bonus ecosystem. Every person, store, trader, manufacturer, or supplier can earn LiqBons from anyone and grant them to anyone else. The only limitation for granting LiqBons is their amount in your pouch. Every LiqBon™ Pouch owner is totally free to choose what and how much to share from the available Liquid Bonuses™.
Free To Accumulate
Did your illiquid miles or points disappear because the airline or supermarket just didn't want to store them in their CRM system? This is a common event for an existing corporate customer reward system because when issuing reward points, the seller never grants the exclusive rights to store and to redeem them for rewards. That is why we call them "illiquid".
Your accumulated LiqBon™ rewards cannot be nullified since they are stored in a global registry where absolutely all operations are recorded so they can not be just erased. Indeed, all pouches and transactions are interdependent, and to fake an operation or contents of a pouch, all the registry, starting from the first minute of its existence, would have to be corrected.
Is it really impossible to lose my LiqBon™ savings? Certainly, it is possible. This does not refer to technology, but rather to user behavior. For example, having your phone stolen, a thief will be able to transfer all your LiqBons™ from your pouch to himself. Or, for example, if the mobile device breaks down, then all data including the pouch application will be lost. Nevertheless, every user can restore access to the LiqBon savings by installing a LiqBon™ Pouch application on a new phone, using the unique data, consisting of the name and the set of codewords ("code sequence" or "seed phrase"). But if the unique user data is lost or forgotten, the LiqBon savings will be irretrievably lost.
Note that if you forget the exact spelling of the name and the seed phrase used during the initial registration, then all your LiqBon™ savings will be inaccessible even with the help of the developer. So the pouch with your savings will remain unattended in the registry until a new user will manage to accurately reproduce your name with the seed phrase. Although the probability of such an event is so small that it is almost impossible.
Free To Redeem
Unlike the existing proprietary corporate loyalty programs with their illiquid points and miles, the open Liquid Bonus™ ecosystem allows free cross-business and cross-border use of LiqBon™ rewards. Every Liquid Bonus ecosystem community member can get and grant LiqBons anywhere and for anything - not just in the country of residence, but also on trips around the world.
Club LiqBon™ guarantees the true freedom to own and dispose of incentives. The rusty corporate loyalty points and miles are going back in time.
Who Needs These LiqBon™ Rewards!?
Every single user decides how to use the LiqBon™ Rewards. They can be given to another person as a token of gratitude or maybe spent at any participating store that already has its own seller's pouch. The important thing is that now absolutely any user or store can freely receive, save, give away and exchange their Liquid Bonuses without any risk of losing their savings due to a whim of a loyalty program owner.