What is Azit and Why Users need Azit?
We live in a world where we can get plenty of help and earn convenience from various residential services, but there always has been a feeling that membership programs don’t give back enough benefits compared to what is expended.
Points are limited to be used only where its issued.
In most cases points are mainly used for discounts when new purchases are made, only usable for companies where the points are issued making the point’s utility very limited. Especially, in Proptech services where the repurchase cycle is longer, it’s harder for users to actually experience any benefits.
Difficult to measure Point’s market value.
Most reward points have limited due dates, making points unexchangeable to fiat currency or not refundable when it expires. Also, it’s difficult to measure any point’s market value when they can’t be used in numerous services but are only usable in a single place. Which means user benefits are very limited. To address these problems and we started building our platform ‘’azit’’ as a solution. ‘azit’ provides a certain service that inter-locks each residential proptech service’s points, so the points can be used wholly within the place its needed or be exchanged to fiat currency.
So, with ‘azit’ you can
1. Easily inter-lock points
You can simply inter-lock various residential points through ‘azit’ after KYC.
Inter-locked points can be easily managed all at once via ‘azit’ App.
2. Exchange to other service’s points
You can exchange your points against ‘azit’ Token and then turn them into other residential service’s points, points that you actually need.
3. Turn points into fiat currency
You can turn your points against ‘azit’ Token and then exchange them into fiat currency via CEX/DEX. Just simply send your ‘azit’ Tokens in your ‘azit’ wallet to any listed CEX/DEX and cash out.
Why Partners need Azit
‘azit’ is the first blockchain platform to interlock proptech companies’ points that provide residential services, where you can exchange points against other points and fiat currency. Residential services are becoming more essential in our everyday life, but the companies that provide those services have their own hardship when it comes to membership programs.
Unsatisfying point system for both Users and Partners Even though Proptech companies provide convenience through their services, reward point systems in some ways always have been unsatisfying due to limited usability. Which in other words, results in limiting benefits when users use reward points.
It’s inefficient for Proptech companies as well. Companies take burden on cost when issuing reward points in exchange to use it as a marketing method to secure continuous inflow of users. Enormous amount of resource is put into building and managing a point system, in many cases which points become undervalued and doesn’t work as fluently as expected. ‘azit’ would like to share the benefits with partners that join the alliance.
So with ‘azit’, partners can
1. Maximize reward point’s market value ‘azit’ re-evaluates partner company’s point value.
Blockchain based crypto AZIT Token can be exchanged against each partner company’s points. This way, the points that used to be only consumed in single service becomes usable in all other partner services, making the point value much higher than ever.
Also, partner company’s points can be exchanged against AZIT Tokens and then be turned into fiat currency through CEX/DEX. Points that only acted as a discount in a single service can now be cashed out, making the points be more valuable in the market.
2. Experience Co-growth in ‘azit’ alliance ecosystem
One of the most attractive benefit for partner companies comes from the ecosystem ‘azit’ has built, where residential proptech companies are gathered to share their traffic. Users that are locked into the ‘azit’ platform tend to use partner services within the ecosystem continuously. Partner companies will naturally share each other’s traffic, securing & increasing user inflow.
Just by joining our alliance, partner companies will experience more user inflow and higher conversion ratios due to ‘azit’ App’s service curation and integrated marketing that are personally customized for users.
3. Get development support for joining the alliance
‘azit’ provides API that relatively reduces the development resource and makes it easier to inter-lock compared to existing integrated point system. This also prevents sensitive information such as operation, financial, personal information from leaking since partners in the alliance won’t have to share each other’s customer information or payment details. Transactions between partner points and AZIT Tokens are managed by blockchain technology. So, the point system will be managed in a more stable, reliable and transparent way.