Startup of the Week - Koin Rewards

by Startacus Admin
The ethical rewards app Koin Rewards, reimagining loyalty through responsible shopping and tokenisation and created to reward us all for being conscious consumers...

Having recognised just that, our latest startup of the week has been created with all of us conscious consumers in mind.
Koin Rewards is an “ethical rewards app reimagining loyalty through responsible shopping and tokenisation”.
Here’s how it works:
Firstly connect your payment card to your Koin account. Each time you make a purchase from one of the responsible brands or merchants that they have partnered with, you will collect Koin rewards. These rewards can be collected via both online and in store purchases.Spending your Koin rewards is straightforward too - simply generate a voucher in the app and redeem it when you are next shopping.
You can also use your Koin in other ways - you can donate it to help development projects all across the world; you can use it to offset your carbon footprint; you can invest it and thereby build your own impact investment portfolio. And you can even turn it into cash and spend it or gift it to someone else.
Whilst loyalty programs are always popular within the retail sector, it is refreshing to see a loyalty program which not only rewards consumers but which at the same time encourages them to make more meaningful purchases and choices.
“Rewarding the meaningful” - a very worthy mission! Wouldn't you agree?
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Published on: 8th August 2019
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- FourJaw’s six figure venture capital boost 1st Mar 2021 The Yorkshire-based tech spin-out, FourJaw secures major funding to assist with developing its technological solutions for the manufacturing sector
- Week Gen-C to offer career and entrepreneurship respite to pandemic-hit youth 1st Mar 2021 Week Gen-C is a week long calendar of events focused on entrepreneurship and careers, aimed at helping young people affected by the covid pandemic in the North West of NI
- #YSYSAccessWeek: Building a diverse, inclusive and accessible tech startup ecosystem 28th Feb 2021 Leading startup community, YSYS launch 4 days of innovative online conversations and a range of new initiatives with the core theme of “Access”
- Startacus and Hatch Enterprise offer speed networking IWD-inspired event 24th Feb 2021 Startacus and Hatch Enterprise celebrate International Women’s Day by partnering with NetMinds to bring together female founders for a virtual speed networking event