Winners, Inc. (OTC PINK:WNRS) subsidiary VegasWINNERS Inc., which provides sports betting enthusiasts with high quality content, analysis, research, data, guidance and professional advice announced the launch of its innovative loyalty rewards and cryptocurrency which will include a VegasWINNERS points system and crypto currency redemption marketplace.
Points shall be earned based upon interaction on the VegasWINNERS and Krush House websites, or other websites based upon predefined actions and rewards. Points can then be converted to Krush Coin, a tokenized currency using the blockchain network. All Krush Coin users will use a wallet assigned to them by the Krush Coin Exchange. The points system will allow VegasWINNERS to monitor the interaction with its websites and set a point value for each action.
The new crypto token called Krush Coin shall have the following rules:
- 5 billion Coins will be minted
- All coins will be held in a wallet controlled by the Market Place
- The Market Place will create new wallets for each user
- Within the wallet a user can convert their points to Krush Coin
- Initially, gifts or transfers will be allowed between wallet holders within the Market Place
- Users can choose to redeem their Krush Coin for cash valued vouchers and gift cards.
Wayne Allyn Root, CEO of VegasWINNERS stated, “We’re excited to offer this first of its kind program. Our business is all about sports gaming analysis and advice and sports bettors are by nature high tech and also risk-takers. They’re early adopters with new ways of conducting business like crypto and we anticipate this will give us an advantage with sports betting consumers and potential business partners in this fast-growing industry.”
The global loyalty management market size is expected to grow from USD $7.6 billion in 2020 to USD $15.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast period. The growing need for enhancing customer experience and gaining competitive advantage is a key growth factor for the loyalty management market. Organizations know that loyal customers promote their brand to new customers by sharing their positive experience. Effective customer loyalty programs ensure customers are engaged and there is successful utilization of products and services. It increases customer retention, brand recall, and opportunities to carry out business with them. Hence, organizations with an efficient loyalty management strategy can record growth in revenue and profitability. For further information, please see https://www.reportlinker.com/p04604338/Loyalty-Management-Market-by-Type-of-Solution-Deployment-Type-Organization-Size-Vertical-and-Region-Global-Forecast-to.html .
ABOUT WINNERS, INC.
Winners, Inc. (OTC PINK:WNRS) through its operating subsidiary VegasWINNERS, Inc. is engaged in the business of sports gambling research, data, advice, analysis and predictions utilizing all available media, advertising formats and its database of users. Revenues are expected to accelerate due to the explosion of sports handicapping arising from the 2018 Supreme Court decision that States have the right to approve sports gambling and the resulting State by State rapid approval of sports gambling. VegasWINNERS is a registered sports gambling affiliate that intends to drive traffic to gaming operators for commission. VegasWINNERS is currently registered in West Virginia, Indiana, Colorado and New Jersey, able to operate in Nevada, Illinois and Iowa and has made application in several additional states. For more information, please visit Winners, Inc. websites https://vegaswinners.com and https://krushhouse.com; Twitter https://twitter.com/vegaswinnersinc; Facebook https://www.facebook.com/winnerskrush; Instagram https://www.instagram.com/winnerskrush .
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company’s control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
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SOURCE: Winners, Inc.