[5-Oct-2023] – valu.vc, a leading venture capital firm focused on Blockchain, Web3 & AI startups, today announced that its Web3 Growth Fund has led a $2M funding round in Cryptss, a Web3 startup that is developing a rewards and loyalty platform based on digital assets.
Cryptss’ platform enables businesses to create and manage their own rewards and loyalty programs using digital assets. The platform is easy to use and integrates seamlessly with existing business systems.
The funding round will be used to accelerate the development of Cryptss.com’ platform and expand its team. The company plans to launch its platform in early 2024.
“We are excited to partner with Cryptss to build the next generation of rewards and loyalty programs,” said, General Partner at valu.vc. “Cryptss’ platform is innovative and easy to use, and it has the potential to revolutionize the way businesses interact with their big brands like Costa, Emirates air, Aramex, Dubai Smart and others.”
“Mustafa, Founder of Cryptss, added, “We are grateful for the support of valu.vc and our other investors. This funding round will enable us to accelerate the development of our platform and bring it to market sooner. We are excited to partner with businesses to help them create and manage their own rewards and loyalty programs using digital assets.”
valu.vc’s blockchain, Web3 & AI Growth Fund is a $50M fund focused on investing in early-stage Web3 startups. The fund is led by a team of experienced investors and operators who are passionate about helping Web3 startups succeed.
“We believe that Cryptss is a leader in the emerging Web3 rewards and loyalty space,” said, General Partner at valu.vc and Managing Partner of the Web3 Growth Fund. “The company has a strong team, a well-developed product, and a large market opportunity. We are excited to partner with Cryptss on its journey to build the next generation of rewards and loyalty programs.”
Cryptss is committed to helping businesses build stronger relationships with their customers and generate more revenue. The company believes that digital assets are the future of loyalty programs, and it is excited to partner with businesses to help them make the transition to Web3.
What makes Cryptss’ rewards and loyalty platform so unique?
Cryptss’ rewards and loyalty platform is unique in several ways:
- It is powered by digital assets. This means that businesses can offer their customers rewards in the form of cryptocurrencies, NFTs, and other digital assets.
- It is easy to use. Businesses can create and manage their own rewards and loyalty programs in minutes.
- It is integrated with existing business systems. Cryptss’ platform integrates seamlessly with popular e-commerce platforms and CRM systems.
- It is scalable. Cryptss’ platform can be used by businesses of all sizes, from small businesses to large enterprises.
How is Cryptss changing the rewards and loyalty landscape?
Cryptss is changing the rewards and loyalty landscape in a number of ways:
- It is making rewards and loyalty programs more accessible to businesses of all sizes. Thanks to Cryptss’ easy-to-use platform and integrations with existing business systems, businesses of all sizes can now create and manage their own rewards and loyalty programs.
- It is making rewards and loyalty programs more rewarding for customers. Cryptss allows businesses to offer their customers rewards in the form of digital assets, which can be exchanged for goods and services, or traded on cryptocurrency exchanges.
- It is making rewards and loyalty programs more engaging for customers. Cryptss’ platform gamifies the rewards and loyalty experience, making it more fun and rewarding for customers to participate.
What does the future hold for Cryptss?
Cryptss is well-positioned to become a leader in the emerging Web3 rewards and loyalty space. The company has a strong team, a well-developed product, and a large market opportunity. Cryptss is committed to helping businesses build stronger relationships with their customers and generate more revenue.
The company plans to launch its platform in early 2024, and it is already in talks with a number of businesses that are interested in using its platform to create and manage their own rewards and loyalty programs.
Cryptss is excited to partner with businesses to help them make the transition to Web3 and create the next generation of rewards and loyalty programs.
