As the table above shows, the barrier of entry for entering the VIP Club is significantly lower, with our first level of status needing only $100 staked. With this initial entry you’ll already have access to staking rewards, some perks, and plenty of ways to earn/spend VIRs. 

We want the VIP Club platform to be as openly accessible as possible while still remaining economically viable – and this is the best way to do it and still be able to welcome as many users as possible. 

The differences are clear when it comes to the staking rewards – the yield is higher in the VIP Club at every level, and our decision to include rewards even for the lowest tier is testament to our commitment to have as many people enjoying rewards on the platform as possible. 

(By the way – this is without mentioning our extra option of claiming your rewards as VIRs, to accelerate your journey to rewards in the VIP Club. More on this in Part 4.)

The perks are where the truly interesting parts lie for many people – what you can get out of the programs, on top of the yield? Look above for the different perks associated with each system. 

The main attraction to the crypto.com perks system is without a doubt the cashback. It ranges from 1% to 5%, you receive it in CRO almost instantly, and it goes for anything purchased with the card. 

Part 4: Loyalty Currencies

The loyalty currency in the VIP Club is something that no other platform in the entire space has. Practically a point system on top of a platform, the VIR is a loyalty point that our users can earn in all kinds of different ways (many of these are coming out very soon!):

• As staking yield
• As cashback from partners
• By playing games, watching ads, filling surveys
• Through social activities
• Through membership invites

As you can see, these methods are active as well as passive, so those more involved have extra incentive to earn more points. If you don’t have the time? You can also sit back, relax, and know that your bags are working for you.

The points can then be spent in various ways as well: 

• $QBX tokens – There will be many ways to earn our tokens, and VIRs will be one of them
• The qiibee shop – Whitelist spots, token allocations, merchandise, partner discounts,etc. 
• The VIP Store – With literally millions of possible options, users can claim any kind of products to make life easier – phones, gift cards of all kinds, gaming consoles, watches, and much more. 
• Loyalty points – Convert your VIR into points from other programs – like Miles & More, and Etihad Guest miles. These conversions are what qiibee is all about – making points more liquid!
• Crypto rewards – We have a multitude of cryptocurrency rewards to choose from as well! If you have a Binance account, you’re good to go here. 
• Charity – Use the VIR to do some good! Through our collaboration with allcolibri, you can use your points to help on a multitude of various causes. Find one you care about and make a difference. 

Conclusion

The main takeaways are these: 

• Community Focus: We place an extremely large emphasis on our community in its entirety, through factors like a lower barrier to entry, staking rewards for lower tiers, the VIR system, and providing access to the founders. 
• Our VIP Club’s System means that our users can decide to either be rewarded passively, or to, through more activity, become further rewarded through interactions in the ecosystem. Tokens change price – loyalty points stay consistent.
• Our VIP Store continues to be one-of-a-kind, providing more reward options than any other group in Web3. 
• VIR is king. Plain and simple. This has always been the kicker for us over any other ecosystem, and continues to be. 

Alpha: Why choose when you can double-dip? 

If you use our cashback feature, and buy something using the crypto.com card, you can earn both cashbacks at the same time! It’s an interesting way to piggy-back your way to both CRO tokens AND VIRs. 

We hope you enjoyed this breakdown!

There will surely be more in the future, so stay tuned for this. 

Your QBX Team 🤝