Sweetbridge Rewards

We are reinventing loyalty and reward programs into self-funding growth networks. The first rewards program that rewards both buyers and sellers and makes it possible for the interests of all parties to be aligned like never before.

Sweetbridge Rewards

ONE Reward Currency

Sweetcoin is an asset that provides a recurring right to cashback on goods and services in-network. Businesses earn Sweetcoin by adding their revenue to the network - the more they transact through the network, the more Sweetcoin they earn.

TWO Primary Benefits

Being in the Sweetbridge network has two primary benefits:

  1. Monthly cashback, which increases as the network grows
  2. The recognition of the asset value of Sweetcoin based on Net Present Value (NPV) of future cashback.

THREE Transforming Applications

The SWC rewards Token aligns the interest of buyers and sellers

  1. Businesses can give it to customers as discount for loyalty
  2. Businesses can sell it to raise funds from customers
  3. Businesses & their customers can borrow from its value to finance growth

The Sweetbridge Economic Game:

An economy is like a game. The rules of the game are like the laws or regulations of most real-world economies.

Sweetbridge turns buying and selling into an economic game that provides new ways to increase assets and decrease cost. Anyone can participate simply by buying and selling through a Sweetbridge-enabled wallet.

The goal of the economic game is to grow the network. Growing the network increases the value of each Sweetcoin (SWC) by increasing the amount of cashback per SWC you own. The faster the network grows the more valuable SWC cashback will be in the future.

The game is designed to motivate:

  • Sellers to give bigger discounts to buyers so they earn more SWC
  • Buyers to buy SWC from businesses to get cashback to lower cost
  • Everyone to encourage others to participate to grow the network

The Sweetbridge network is designed to reward participants when their suppliers, customers, friends, and neighbors start using Sweetbridge-enabled wallets.

How it Works:

A business joins the Sweetbridge rewards program and commits a percentage of their revenue from each transaction that occurs using a Sweetbridge wallet or card to the Sweetbridge reward pool. They can choose the percentage they give. It could be as low as 0.01%, or as high as 100%.

At the end of the month a few things happen:

First, the SWC Cashback Value for that month is calculated. This value is determined by dividing all the money in the reward pool by the number of SWC allocated for cashback by the users that month. If there is $30M in the reward pool, and 30M SWC allocated for cashback in Sweetbridge wallets, then the discount value of SWC for the month is $1.

Second, 50% of the money in the network pool is distributed to members who shopped with Sweetbridge Sellers that month. The maximum amount they can get is the Cashback Value of the SWC they allocated to cashback. If the Cashback Value of SWC is $1 that month, then they can get $1 for every SWC they allocated for cashback up to the amount they spent on in-network purchases. This means that only those using the network benefit from the network. This applies even to the interest on loans. Even if you don't buy something from a Sweetbridge Seller, you could take out a loan that month and get cashback for doing so.

Third, the other 50% of the reward pool will be distributed back to the Sweetbridge Sellers. Half of what a Seller contributed for each transaction that occurred using a Sweetbridge wallet or card will be returned to them. If the seller has any clawbacks, claims, or past due liabilities against their account, these are deducted from this amount or set aside until the dispute is resolved. This is designed to create added stability in the system and minimizes risk.

Each month Sweetbridge Buyers are rewarded with cashback and Sweetbridge Sellers are rewarded with more loyal customers and a new revenue stream. How does our rewards program create new revenue for Sellers? If your business contributes more to the Sweetbridge network each month, you will be rewarded with SWC. You can sell your SWC for cash, hold it for later use, use it to get your own discounts from suppliers within the network, or redistribute it to your loyal customers as a greater reward incentive.

Read more about Sweetbridge benefits for:

Create a self-funding growth network Sector Leaders

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How can we help?

With Sweetbridge you can transform your current discounts, rewards, loyalty program, or create a new one within your supply chain network. The Sweetbridge rewards program provides you with an asset with real value that you can use, sell, or give to your customers.

In a competitive environment, you need new ways to incent customers to use your business and encourage suppliers to decrease their costs. Sweetbridge rewards enables companies to increase revenue and and decrease cost while transforming the business model which stimulates growth, and strengthen customer loyalty all without the liabilities that come with most existing loyalty programs.

Convert discounts you already give your customers into reusable rewards

Traditional discounts are burned, or used up, as soon as they are given. They create no continued loyalty with customers beyond a sense of goodwill. The Sweetbridge reward program is different. Rather than just giving your customer a discount you can give them an asset that earns them perpetual discounts when they buy from you and others. Better yet, they get more cashback month-over-month as the network grows. Yet you spend the same amount on that customer as you do today while ensuring their loyalty.

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Replace your existing loyalty programs with one that doesn’t leave a liability on your balance sheet

Loyalty and Rewards programs today create liabilities for companies. These liabilities are essentially debts the company owes the customer at a later date. The Sweetbridge rewards program is different. SWC gives your customers the right to a future cash back, but only when they buy in network. It isn’t a liability until they buy something from you, and it gets discharged as a liability the same month it occurs. The customer gets a lower cost any time they buy from you, and you increase the revenue on underutilized assets.

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Use our reward program to attract new customers

With Sweetbridge you can start a reward program with your customers that will attract new and more loyal customers, while also rewarding you with SWC, an asset you can use to fund the growth of your business. You can use the SWC you earn for growing the network to get your own cashback rewards from your suppliers reducing your costs and improving your balance sheet. You can also sell your SWC as an asset and use the money from the sale to fund your business development and growth.

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With Sweetbridge Rewards customers aren’t going anywhere. They get cashback and an asset that increases in value when the network grows and more people are buying in network.

Unlike loyalty programs today, Sweetbridge Rewards don’t create a liability on your books and it has fixed, rather than variable, costs. This is true no matter how many customers use it in a month.

The SWC asset is the first, and only, cryptocurrency that gives you cashback if you own it.

SWC has two values:

  1. Its present Utility Value, which is measurable based on the amount of cashback each SWC enables in the network.
  2. Its intrinsic future value, which is based on Net Present Value (NPV) of SWC future cashback.

You benefit from more loyal customers and from an asset that increases in value whenever the network grows.

Attract and retain loyal customers Sellers

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How can we help?

Without expensive implementations, you can change your business model to leverage your current customers and assets to get the money you need to stay competitive and grow your business.

Running a business is stressful. The world is changing quickly. More companies and products are popping up all the time to compete with what you have to offer. Keeping loyal customers can be challenging in this environment. Getting the funding you need to grow your business and gain the competitive advantage can be challenging and costly. Sweetbridge can help.

Change your existing business model

Your business model can become more competitive without expensive implementations or operational change. You can gain a new revenue stream, one not based on selling goods or services, but based on receiving Sweetcoin (SWC) rewards. In the Sweetbridge network, businesses that offer discounts to members of Sweetbridge are rewarded in SWC. The discounts provide you with a more loyal customers base. The rewarded SWC provides a new source of revenue. This new revenue shows up as assets on your balance sheet that can be sold, held, or used to get lower cost loans, goods, or services in network. This does not require expensive technical implementations, training, or operational change. Depending on where you are in the world, and the size of your business, once you are approved in the network, we could provide significant change within 90 days.

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Lower cost of capital

In the Sweetbridge network, your money and your assets can work for you rather than being a drain on your company's resources. Depending on where you are in the world, the Sweetbridge network could provide you with high interest on the cash you hold (possibly 3% or more). The Sweetbridge network could also provide you with low-cost loans against assets you own, like inventory, vehicles, and invoices. In fact, within the Sweetbridge protocol, you could use the SWC you hold to lower the cost of interest on a loan, even down to zero percent.

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Transparency and Accountability

Our customer identification process ensures that all trading parties are identified. The accounting protocol and settlement process make it very difficult to lie, cheat, or steal. This ensures that everyone in the network is who they say they are, and the products come from the sources they say they do. We will be able to provide real-time audits, full recovery and recourse on all your transactions, making it difficult for information to be invalid. The result? A high-quality pedigree of products moving through your supply chain.

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You will be able to leverage the customers you already have to gain access to the money you need. You can leverage your assets, including your invoices and inventory, to fund your growth at low cost, sometimes even zero cost. And you can do it all safely and securely in a way you can trust. The world is changing, but with Sweetbridge it's possible for you to keep up.

Sweetbridge is open-source and member-run with a mandate to give 10% of all the Sweetcoin to initiatives focused on economic education and economic development in depressed regions.

Make your money go further Buyers

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How can we help?

In the Sweetbridge network you can get the money you need to buy what you want at little or no cost.

Buying goods and services in today's economy can feel like a juggling act. You try to stay within your budget, find the best deals, and ensure that your money goes as far as possible towards meeting your needs, but there always seems to be more month than money. Sweetbridge can help.

Get cashback on your purchases

Any purchases you make with Sweetbridge Sellers, and the interest on loans you take within your wallet, provide you with cashback. The amount of cashback you can get is controlled by the amount of Sweetcoin (SWC) you own. The more you own the more cashback you receive. This means if you own enough SWC you can get 100% of your interest and all of the money you spent on in-network payments back each month. This is dependent on the size of the network and how much members spend in-network each month. At the start of the network, each SWC is worth $0.07 in cash back per month. That means if you own 1,000 SWC you get up to $70 in cashback each month on in-network purchases.

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Lower your future costs

Sweetcoin (SWC) is an asset that you can allocate to receive cashback and other benefits. You don''t spend it, you simply hold it and indicate in your wallet that you want to use it for cashback versus collateral, insurance, or stake in the network. If you no longer want this asset you can sell it to someone else that can use it to get cashback themselves.

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Earn SWC even if you can't buy it now

Even if you don't have the money to buy Sweetcoin (SWC), you can earn it by using in-network purchases through your Sweetbridge wallet. How does this work? A Trust Intermediary 'rents' their SWC to you. Essentially, they let you use their SWC for cashback and in exchange you give them a portion of the cashback you get at the end of the month. The rest of your cashback goes towards buying SWC. In this way, you get the ability to buy SWC through your in-network purchases. Anyone who owns more SWC then they can use for benefits and rewards themselves can be a Trust Intermediary. They can get the benefit of part of your cashback purchases, while you can earn SWC through your in-network purchases. Both parties benefit.

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In the new Sweetbridge network, buyers and sellers don't have to be at odds. We can create an economy where everyone wins, an economy with a level playing field where everyone can access money when they need it.

Sweetbridge is open-source and member-run with a mandate to give 10% of all the Sweetcoin to initiatives focused on economic education and economic development in depressed regions.