1. Onboarding Brands

Through the hard work of our talented sales team, we are regularly onboarding new brands, at a rate that eclipses last year’s. The demand for what we offer is substantial, and the evidence for this is made clear through our regular partnership announcements. 

Through the use of our product, including their use of the qiibee rewards chain (QRC), we generate revenue, which increases with each new brand brought on board. 

Each brand triggers transactions on the QRC, and the $QBX token is the fee for these transactions.

Transactions include actions like: Customers creating their own loyalty tokens, their customers earn points, spend points on rewards, exchange points, etc. 

In the past 12 months, our 10 most active partners generated over 240’000 transactions.

And it gets better: Our goal until the end of 2025 is to onboard 100 active partners, of which 30 are already being onboarded from Q1. 

Do the math and you can see how many transactions that will mean for our chain, especially if the momentum continues in the long-term.

2. $QBX Buyback

Each transaction requires a fee of $0.05 in $QBX tokens to guarantee that the costs of the infrastructure are economically viable. 

Furthermore, we are projecting an increase in transactions per brand. The longer a brand is on board, the more customers they themselves onboard, and therefore the higher the amount of transactions generated. 

And the amount bought back will grow with each new brand onboarded. 

Starting to see it now? 

Our goals of growth for the following years is as follows:

3. $QBX Ecosystem Rewards

The $QBX purchased using the buybacks will then in turn be used as staking rewards for our VIP Club members and validators. 

80% of the rewards will go to the VIP Club, 15% to our network of validators, and 5% goes back to the foundation. 

The $QBX bought back to reward our ecosystem can be found in this wallet: 0xAD179DBBA1FAc6c839C6827d072672250BCBc991

TLDR?

On one hand – more brands leads to a higher demand on $QBX. 

On the other – more members joining the VIP Club, and more validators joining the ecosystem, leads to a higher amount of $QBX staked, leading to a lower amount of $QBX on the market. 

This combination creates a flywheel effect of success for sustainable ecosystem growth.

As we continue to onboard new brands, and simultaneously grow our sales team, qiibee foundation continues to be poised as the pioneers of web3 loyalty – and all the rewards funnel back to our believers – The VIPs.

$QBX