Sirwin
Sirwin

Ingage: an ideal funnel for Insync

By Incent | Incent Loyalty | 25 Oct 2019


The success of Incent relies on us putting crypto into the hands of everyday consumers, with an absolute minimum of friction. As well as being a major source of Incent demand in its own right, Ingage forms an important part of our strategy to do that.

Incent was founded to help regular consumers save effortlessly at a time when there are few returns to be seen for ordinary retail consumers. (If you’re interested in finding out more about how cryptocurrency can do that from an economic perspective and why we believe it’s so important, you can find plenty of content about that topic on this blog, including Why crypto is your vote against failing capitalism.)

But no matter how compelling we believe the economic case is for cryptocurrency in general and Incent specifically, there are major practical hurdles. 

One of these is convincing people of those benefits. In time, we are certain these will become self-evident. For now, people need a little extra nudge to take the plunge.

Linked to that is the reality of actually transferring crypto to them. We do not expect regular retail users to jump through all the hoops that most of the crypto community take for granted – downloading wallet apps and blockchains, maintaining security, creating and backing up private keys and addresses, and so on. 

In short, friction needs to be absolutely minimal. The user experience needs to be as close as possible to that of the web apps people use every day – webmail, social media, online banking apps, and so on.

So how do we do that?

Insync

A major strand of our offering is Insync: our patent-pending technology that enables users to link their bank accounts and receive Incent for every spend they make.

But while this increases the rewards they can earn, it’s another step in the registration process (not a particularly arduous one, but a step nonetheless). To convince users to move forwards to that next step, we need to do everything we can to ensure people can earn as much Incent as possible, as early as possible.

The more we can prove it will be worthwhile, the more likely they are to sync their accounts – benefiting everyone in the Incent ecosystem, including those users themselves, businesses seeking to leverage insights we can provide, and anyone who holds Incent tokens.

In turns out that Ingage is a fantastic way to prove that value.

Ingage: even lower-friction rewards

Due to the way Ingage works, it doesn’t require users to have synced their bank accounts. The software creates drop codes which can be displayed in any media – from a gaming stream to a physical newspaper – and which can instantly be redeemed on the Incent platform. 

This is about as easy as it gets to enable people to acquire crypto. Using Ingage, we can on-board people frictionlessly – including members of the all-important gaming community, who are an ideal demographic for crypto adoption.

Once in, they can see their Incent balance increasing in their account every time they redeem another Ingage code. And at that point, when they’re already committed and convinced about Incent’s vision and value, it’s a smaller step to ask them to sync their bank account and start earning even more Incent.

Overall, Ingage is the perfect funnel for Insync – and it’s one we’ll actively be developing in the coming weeks.

Incent is live! Australian users can access rewards in Incent tokens on every spend they make. To find out more, visit www.incent.com.  

 

 

 

Disclaimer: 

The content of this article does not intend to provide any general or personal financial product advice (as defined in Section 766B of the Corporations Act). It is meant to be informational and of a general nature only. You therefore need to carefully consider whether the information in this article is relevant to you in light of your particular needs and circumstances. 

INCNT is a cryptocurrency and its value (along with other cryptocurrencies mentioned in the article) will depend entirely on the current market supply and demand. Therefore, we cannot guarantee the value of any cryptocurrency (including INCNT) at any time, nor do we guarantee that the value of any cryptocurrency (include INCNT) will either rise or fall (or become valueless) in relation to any other form of value, including fiat currency, or other digital currencies. The article is not an endorsement of any type of cryptocurrency.

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Incent
Incent

Incent is a blockchain rewards system that enables anyone to save and grow wealth in crypto through their everyday spending. www.Incent.com.


Incent Loyalty
Incent Loyalty

Incent is a blockchain rewards system that enables mainstream consumers to save and build wealth through crypto - on every spend they make.

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