Rebase: the Blockchain for Geo-Location Based Incentives Hunting

• Here is an overview of the Rebase application.
• With its own unique approach to gamification and reward system, explore how you can get started easily.

The Rebase protocol is an Augmented Reality (AR) adventure and Web3 lifestyle application that lets you explore, collect, and redeem exclusive digital rewards in real life. Rebase is created to promote innovation in the Web3 ecosystem in a very specific and unique way.

Here is a comprehensive review of the Rebase protocol.

The Rebase Application: Features and Usability

Rebase is a blockchain application that was designed from the ground up with the intention to bring gamification to business processes. The Rebase platform showcases a number of animated characters enmeshed in an easy-to-navigate interface.

The Rebase app offers a unique value proposition that is one of its kind. Rebase is built as an application to transpose digital assets to the real-world as relatable objects. The Rebase application offers incentives that both individuals and organizations or brands can harness across the board.

Rebase offers a number of custom technologies including EchoPath, a module that is designed to support the Rebase APP on mobile devices with iOS and Android systems. The application of this EchoPath technology is simple. It typically entails binding an NFT that is meant for sale to a specific location anywhere on Earth. This will drive foot traffic to the location, a feature that can benefit business brands remarkably.

The Rebase app also integrates Augmented Reality (AR) technology. This AR module helps users to create AR media that can be displayed both in the virtual 3D space available in the web application and can be displayed in real space as AR objects via Rebase application.

Rebase: Value Proposition for Users and Brands

The Rebase application draws on the integrity of blockchain technology and Non-Fungible Tokens (NFTs) to enable brands to customize the campaigns as they deem fit. The application helps brands and businesses to conduct global geo-location-based marketing activities. 

The Rebase application also enables the introduction of supplementary platforms for new projects as part of a promotional campaign, with real-time activation on the live map.

The role of Rebase is multi-faceted and it extends into NFT Brand IPs. Rebase offers a way to bring their IPs to the real world. This feature will enable startups using Rebase to gamify their process and add a unique creativity that can essentially help boost engagement and patronage.

The image below gives a broader insight into Rebase’s offering for brands;

Rebase is also designed for everyday users. As a reward-based protocol, the use of the application helps users to generate rewards. Per its design, these rewards are paid out in the $IRL token which powers the entire ecosystem.

Users can also create NFTs which they can either keep as monuments or build a community around them to help nurture a common interest.

Economic Strategy and Competition

Rebase operates like a regular functional Web3.0 startup with its own structure, revenue generation model, and tokenomics.

Rebase has robust tokenomics designed to power the sustainable distribution of its IRL token. With a total supply of 500 million tokens, here is the token distribution model shown in the image below;

Rebase is building itself to be a sustainable protocol in the long term, as such, it has created a less invasive revenue generation model where it plans to charge its clients for their respective campaigns.

Built by the Right Team

There are many factors that favor the success of any emerging Web3.0 startup and the team behind the project is key. With trust generally lost on crypto leaders following Sam Bankman-Fried’s orchestrated implosion of FTX Derivatives Exchange, users, and investors have been more cautious as to who they do business with.

Rebase was founded by an experienced team with proven integrity. Led by co-founder Edmond Truong, the Rebase app has hit a lot of milestones over the past few years. At this time, the protocol has rebased more than 130,000 distances traveled with more than 1074 active users per day. 

Riding on the wealth of experience from the team, Rebase is also growing on social media and boasts of a total impression of more than 6 million, fueled in part by a total of more than 105,000 on Twitter. Rebase’s top growth markers are highlighted in the image below;

The Rebase app has proven it is revolutionary and that its offerings are stirring a gamified change for both individuals and the broader user base alike.

How to Get Started

Hoping on the Rebase train is simple and registration can be completed in just about 4 simple steps. These steps are summarized below;

• Download the Rebase app: This is the first move and both Android users and Apple users will need to visit their respective App Stores to download the app.
• Complete the Simple Registration: Registration on Rebase App is easy and can be done by filling out a simple straightforward form. The account can also be created using your Google, Facebook, or Apple Account. It is at this stage that a wallet will be created for you. This is like a holding wallet for all your digital assets including NFTs. For those who have existing wallets, they might prefer, the same process of linking a wallet applies using the 12-word secret recovery phrase for that specific wallet.

• Start Exploring: Having passed through the last 2 stages, exploration is recommended. It is at this stage you set the pace to take advantage of the numerous opportunities being offered by clicking on the “Start Radar” button on the map tab.
• Start Earning: With your radar on, you can explore the detailed provisions to gain your rewards which may be tied to a physical location.

For more on Rebase, visit the website here and consult the detailed Whitepaper.

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