About qiibee
About qiibee
qiibee is revolutionizing the loyalty industry with the latest technological innovations. By bringing loyalty programs to the blockchain, it is able to help brands and retailers reduce inefficiencies while offering customers real-life value in exchange for their points.
At present, the loyalty industry is hopelessly fragmented. It sees low customer engagement and redemption and high customer acquisition cost, operational risk, and inefficiency for brands. All of this translates to extreme waste, totalling more than $500B USD-worth of unredeemed points, according to a 2017 study by Reuters & Affinity Capital Exchange.
Solution
qiibee has developed a standardised Plug & Play solution, allowing brands to easily issue their own tokens with the LoyaltyToken Protocol. Meaning businesses can store customer rewards on the blockchain and issue real-value Loyalty Tokens in return. The end-users can use and exchange their loyalty tokens between brands with the qiibee wallet app.
Whitepaper
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Ratings

Rated on Sep 21, 2018
Modified on Sep 21, 2018
Good to see the app available in both App Store and Google Play.
However, the number of installs is a concern as it does not demonstrate traction yet?

Rated on Sep 27, 2018
Team is big and good advisory board looks strong too ..... about Vision I think you guys have to work hard in marketing department ... lots of project with same vision ... so competitive industry for you guys .... about product its just a prototype...

Rated on Sep 27, 2018
Modified on Nov 5, 2018
I always think that loyalty programs are important and can definitely be blockchain-sized. However, there is many already out there and I'm interested to see whats the go-to-market strategies for qiibee. Strong team anyways!

Rated on Oct 2, 2018
Team is good. Whitepaper is good and good social media activities. Idea is really good but there is already many real world competitors. To create wave in loyalty industry, they need to spend lot money in marketing. They need to concentrate on increasing adoption rate. MVP looks good. Best of luck team.

Rated on Sep 21, 2018
The token balance is well set, and sponsor companies are all kinds of people. The team seems to have a certain power to do this.
In order to operate company's customer information it is necessary to have considerable refinement and impossibility of tampering. They will do this.

Rated on Sep 21, 2018
Team - big team, been operating for over 6 years according to LinkedIn profiles of co-founders (presumably brothers). Good education in developers, not a great amount of executive experience or education however. A lot of strategic advisors - WP explains their roles, would like to see more detail however.
Vision - I can see where they're going with the vision, but could be perceived as a solution looking for a problem. Ethereum blockchain could provide the same service, with people able to trade loyalty points between each other on secondary markets. My interpretation is that this provides a service that already exists but repackaged and remarketed. That's not to say it won't work however - there were other search engines before google, for example.
Seems like a lot of whitelist sign-ups, which is only a good thing for network effect leading to token appreciation, although there is no way to verify. Would prefer to see a breakdown of fund allocations at differing raises. Doesn't appear to be a vesting period for team's token allocation. Would like to see a better explanation for TAM market share figures.
All that being said, this is a well written WP with decent coverage and explanations of most key issues.
Product - app available for download now, easy to use, already loyalty dapps on there.
Good luck to the team on implementation here.

Rated on Sep 24, 2018
Big team with related experience.
Comprehensive whitepaper and decent social media activity.
There are plenty of players already offering Loyalty on the blockchain and it's kind of obsoleted product on the Blockchain now!!
Can't see any strong partnerships that can be trusted!
Very difficult to see any ROI for investors.
MVP doesn't work - after entering code 123 - GO button doesn't to anything. I tried on latest Chrome!

Rated on Sep 25, 2018
qiibee’s take on loyalty program is interesting. I’ve seen a couple more projects which similar concept already in the market. The use-case-scenario of the token is well-thought-out. The team is experienced in a multitude of disciplines which will be the driving force for the project. I’m waiting for the MVP. Good Luck to the team.

Rated on Sep 27, 2018
The team is very big, a lot of experience as i can see on their Linkedin profiles.
Advisor also a lot of strong and strategic.
Vision is ok, i can see where they're going, maybe can resolve all the market issues.
Similar service already exists but repackaged and remarketed.
Whitepaper well written, complete with all informations and explanations of most of key issues.
App is already available for download, already loyalty dapps on there and simple to use.
Good luck guys!

Rated on Oct 4, 2018
A dedicated wallet has already been prepared. It is in a downloadable state and wonderful.
We have a partner company that gains social trust and this fact confirms the project's goodness.
Steady business design.
Certain demand.
Enough team.
I support this project.

Rated on Sep 21, 2018
Very interesting project that uses a token with a very specific utility use case. It makes sense and it's straightforward. It seems it has a very strong team behind it. Hope they are united enough to deliver it.

Rated on Oct 6, 2018
Good team with more than 5 years’ experience in similar fields. I think they have a good setup here and with the help of their selected advisors, this could go a long way. I’ve see this kind of project before but I believe they have adapted with the times and they will fare better than previous projects. As regards marketing, they seem to be doing fine since they had a whitelist period up and received a good number of registrations. Overall, very clear vision, clear explanation on whitepaper on what they plan to achieve and how they plan on dealing with the problems. Downloadable application and user friendly also. All the best to the team.

Rated on Sep 22, 2018
The team is big and have all kind of competences. I like that they have already a MVP on Google and App store. The idea is not new and they have some competitors, but it seems that qiibee will run on first place when I compare what partners they could already attract. Congratulation! They have already over 80000ETH preregistered and that shows me the investors trust qiibee. Thats a good sign. The token is useful and could be used with different brands and merchants. Such projects bring value to the Blockchain space.

Rated on Sep 25, 2018
Modified on Sep 25, 2018
It depended on the points that each store himself produced so far,
By using this platform it is possible to generate royalties easily and efficiently for the user.
It will be the first step in a more rational world.
───────────────
これまで各店舗自らが生み出したポイントに頼っていたが、
このプラットフォームを使用することによりユーザーに対して簡単且つ効率的にロイヤリティを発生させることができる。
より合理的な世界の第一歩となるでしょう。

Rated on Oct 1, 2018
Modified on Oct 1, 2018
This is not the first time we are hearing of such a project but the team looks experienced and has potential to excel especially with a running MVP and some partner projects on the way which can be what differentiates them from the rest. Hoping to see more reputable partners in the coming months and more users on board

Rated on Sep 25, 2018
Qiibee has experienced team with diversified business expertise, needed for the neatly expressed targets. Business idea lacks innovation. Whitepaper is comprehensive and explains everything succinctly. I see the business model as marketplace for loyalty points, when it says its a 'protocol', though In my opinion its still a dApp that tries to encash buzz around protocol. Tokenomics is good. The revenue model as it explains usage of token may land it to basket of 'security token'. I advise to be cautious of approach. Nothing mentioned on ' Legalities' in whitepaper. MVP? All the best.

Rated on Oct 1, 2018
Not the first ones to come out with a loyalty program on the blockchain. On the bright side, the team is experienced, they are pretty active on social media and they have a well written whitepaper.

Rated on Sep 24, 2018
Modified on Sep 24, 2018
Qiibee, one of the best use cases that the blockchain can be applied to. They have chosen the right business model.
The team looks pretty big and knowledgeable.
The white paper is well executed and shows that the team knows what they are doing and what they are claiming for, it is pretty straightforward.
The alpha version of the mobile app's user experience is amazing and it is going to be a must app in everyones mobile.
One of the best moves about this team is that they haven't just given a white paper and the business idea and looking for investors which most of the ICOs does and they run away but Qiibee had already developed an Alpha version and that show how serious they are about this project.
I wish all the best to the Qiibee team.

Rated on Sep 21, 2018
The team seem to be very strong and have according to social profiles, extensive industry knowledge and capability to understand their chosen market.
Vision is achievable with the right support, partnerships and relevant access to offer the service they are providing.
Platform: I will use it myself if it is accepted and used. Already available and now needs expansion and more public awareness.
I wish you the very best in bringing this use case and well done on your milestones so far.

Rated on Sep 24, 2018
Awesome project with pilot projects lined up and potential for tangible traction within the non-blockchain networks. On top of this the team is hungry and highly dedicated team, wish them all the best.

Rated on Sep 27, 2018
You can tell they raised money some time ago as the team is hired and working. Minus in the team is lack of Executive experience, as someone here already mentioned. While the loyalty use case is obvious, it is also a low hanging fruit if the execution is there. And this project has it, so the overall risk for ICO participants is much lower then most other ICOs, and for that they get high marks from me.

Rated on Oct 4, 2018
Team : Strong team, They have team members who are expert in their domain. Advisors supporting the project are also very experienced and the project will get benefit of them.
Vision : Loyalty is surely will work the best on Blockchain functionality. Many People argue that blockchain market is saturated with these kind of projects already. But If you will see every company has there own Loyalty Program whether its Airlines, FMCG, Super Markets, Retailers, Cafe's etc. and all of them doing great.
Product : The MVP they have shown on ICObench is fully working product as it is seen and you need to buy products enter Codes, Barcodes etc to correct all your rewards. Hopefully they will do great partnerships to redeem those points.
Conclusion : This project can be a success and make market for themselves. They need to be focused and dedicated

Rated on Sep 22, 2018
Modified on Feb 19, 2019
Disclaimer: Rating and or commentary provided represents my own personal view and is not to be relied upon as advice. I am not a financial advisor nor am I registered in any jurisdiction with any financial services regulator. I provide no recommendations that any offering should be bought, sold or held. Before making financial decisions please undertake your own due diligence and consult a financial advisor.

Rated on Sep 23, 2018
Qiibee is not a revolutionary innovation and there are lots of competitors on the market.
But the idea is good enough for a solid business, with huge market potential.
The business use cases in the White Paper are unique.
The only issue is the market entry, and the scalability.
The team is really good, experienced.
I would bet they would be successful.
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Private Sale | 5% to 25% |
Investment info
Milestones
Our journey started with our own off-chain loyalty app.
35m Data sets created.
100k Active users.
6m Customer activities.
900 Brand partners.
Made strategic decision to build loyalty on the blockchain based on learnings from off-chain app.
Created smart contracts on Ethereum and published white paper.
Closed our seed round with approx. 3.2m USD.
Invested in team expansion, product development and brand acquisition.
Conducted 2 brand roll-outs in 7 countries reaching 2m customers.
Opened crowd sale to fund the qiibee journey.
Publish our developer kit, exchange and transfer functionalities.
Onboarding of 6 more brands to the qiibee ecosystem.
Conduct loyalty on the blockchain conference and hackathon.
Onboarding of 9 more brands to the qiibee ecosystem.