Decentralizing Trust: The Role of Web3 Reputation in Crypto-based Loyalty Programs
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Loyalty programs have been a cornerstone of customer retention strategies for decades. Traditionally, these programs revolved around earning points or miles, which customers could redeem for products, services, or experiences. But as the realms of blockchain and cryptocurrency expand, another transformative element has emerged - Web3 reputation systems. These decentralized systems hold potential to revolutionize the way we perceive customer loyalty.