WalletConnect Reward Points System

Summary

This proposal introduces a Reward Points System for users who complete purchases via WalletConnect, aiming to boost adoption, increase retention, and incentivize on-chain payments.

Objective

Increase the use of WalletConnect for payments.

Encourage repeat purchases and user loyalty.

Provide a flexible reward mechanism aligned with the company’s goals.

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How It Works

1. The user completes a purchase through WalletConnect.

2. Reward points are automatically calculated based on transaction value and frequency.

3. Points appear in the user’s profile.

4. Users can redeem points through a dedicated rewards catalog.

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Reward Options

Company-related products or digital items (e.g., merch, NFTs, premium features).

Partner discounts or services.

Conversion to fixed-value tokens, vouchers, or fee deductions.

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System Components

WalletConnect integration.

Points calculation engine.

Rewards redemption interface.

Dashboard for performance monitoring and analytics.

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Benefits

For the Company

Higher transaction volume.

Stronger user retention and engagement.

Enhanced market differentiation.

For Users

Valuable rewards for every purchase.

Transparent and easy-to-use system.

Added value with each WalletConnect payment.

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KPIs

WalletConnect transaction volume

Monthly active users

Points redemption rate

Repeat transaction rate

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Conclusion

A WalletConnect-based Reward Points System will enhance user experience, stimulate on-chain activity, and create a long-term value cycle within the platform.

10 Likes

Nice Idea, I’II vote Yess

2 Likes

point systems are easily abused in my opinion

2 Likes

Great idea, i’m voting yes​:black_heart:

2 Likes

I believe this is already in place. My question is how about those locations without any possibility to use Walletconnect pay yet? It works if governance allows it

1 Like