qiibee initial coin offering (ICO)

Loyalty on the Blockchain



qiibee is revolutionizing the loyalty industry with the latest technological innovations. By bringing loyalty programs to the blockchain, it is able to help brands and retailers reduce inefficiencies while offering customers real-life value in exchange for their points.

3.9
26 26 expert ratings
4.6
4.5
3.9
4
View rating distribution
Starts in 11 months ago
2018-09-24 - 2018-10-24
Token
QBX
Type
ERC20
Bonus
Available
Price in ICO
1 ETH = 10,000 QBX
Platform
Soft cap
3 000 000 USD
Hard cap
11 250 000 USD
Raised
8460000
ICO start
Sep 24, 2018
ICO end
Oct 24, 2018
More on ICO
Report

About qiibee ICO

About qiibee
qiibee is revolutionizing the loyalty industry with the latest technological innovations. By bringing loyalty programs to the blockchain, it is able to help brands and retailers reduce inefficiencies while offering customers real-life value in exchange for their points.
At present, the loyalty industry is hopelessly fragmented. It sees low customer engagement and redemption and high customer acquisition cost, operational risk, and inefficiency for brands. All of this translates to extreme waste, totalling more than $500B USD-worth of unredeemed points, according to a 2017 study by Reuters & Affinity Capital Exchange.
Solution
qiibee has developed a standardised Plug & Play solution, allowing brands to easily issue their own tokens with the LoyaltyToken Protocol. Meaning businesses can store customer rewards on the blockchain and issue real-value Loyalty Tokens in return. The end-users can use and exchange their loyalty tokens between brands with the qiibee wallet app.

qiibee reviews

Alexander Mitrovich
Managing Partner, Usetech.com
Rated on Sep 27, 2018
4
5
5
3%

You can tell they raised money some time ago as the team is hired and working. Minus in the team is lack of Executive experience, as someone here already mentioned. While the loyalty use case is obvious, it is also a low hanging fruit if the execution is there. And this project has it, so the overall risk for ICO participants is much lower then most other ICOs, and for that they get high marks from me.

Nozomu Nakazato
ICO consultant
Rated on Sep 21, 2018
5
5
4
5%

The token balance is well set, and sponsor companies are all kinds of people. The team seems to have a certain power to do this.
In order to operate company's customer information it is necessary to have considerable refinement and impossibility of tampering. They will do this.

Stephan De Haes
ICO Advisor, Community leader and COO/Co-founder Krypt.ly
Rated on Sep 21, 2018
4
4
5
4%

The team is very big with lots of expertise and they passed the KYC. Soft -and hardcap are realistic. MVP is available. Not sure what índustry relationships' mean? This could be perceived as partnerships so a bit tricky way to do marketing. 51% of tokens being sold is good compared with other projects in the industry. Nice concept. (please change the colors of the token allocations... 50 shades of blue and pink... :)

Paul Cliffe
ICO advisor|Crypto-asset and ICO investor| Libertarian|CEO of Block Venture Project
Rated on Sep 21, 2018
4
4
5
4%

Team - big team, been operating for over 6 years according to LinkedIn profiles of co-founders (presumably brothers). Good education in developers, not a great amount of executive experience or education however. A lot of strategic advisors - WP explains their roles, would like to see more detail however.

Vision - I can see where they're going with the vision, but could be perceived as a solution looking for a problem. Ethereum blockchain could provide the same service, with people able to trade loyalty points between each other on secondary markets. My interpretation is that this provides a service that already exists but repackaged and remarketed. That's not to say it won't work however - there were other search engines before google, for example.

Seems like a lot of whitelist sign-ups, which is only a good thing for network effect leading to token appreciation, although there is no way to verify. Would prefer to see a breakdown of fund allocations at differing raises. Doesn't appear to be a vesting period for team's token allocation. Would like to see a better explanation for TAM market share figures.

All that being said, this is a well written WP with decent coverage and explanations of most key issues.

Product - app available for download now, easy to use, already loyalty dapps on there.

Good luck to the team on implementation here.

Clemen Chiang
Ph.D. | CEO | Investor | FinTech in Stocks | Blockchain in Cryptos | Singapore
Rated on Sep 21, 2018
5
4
4
5%

Good to see the app available in both App Store and Google Play.

However, the number of installs is a concern as it does not demonstrate traction yet?

Andrei Popescu
Co-Founder of COSS.IO & SCX Holdings and Seasoned Blockchain/FinTech Start-Ups Investor/Advisor
Rated on Sep 21, 2018
4
4
4
3%

Very interesting project that uses a token with a very specific utility use case. It makes sense and it's straightforward. It seems it has a very strong team behind it. Hope they are united enough to deliver it.

Timothy Rainer
Entrepreneur, Blockchain Evangelist, CEO, Fintech Business Advisor
Rated on Sep 21, 2018
5
4
5
2%

The team seem to be very strong and have according to social profiles, extensive industry knowledge and capability to understand their chosen market.

Vision is achievable with the right support, partnerships and relevant access to offer the service they are providing.

Platform: I will use it myself if it is accepted and used. Already available and now needs expansion and more public awareness.

I wish you the very best in bringing this use case and well done on your milestones so far.

Anthony Manfre
Entrepreneur | Consultant | Cryptocurrency | ICO | STO
Rated on Sep 22, 2018
4
5
4
3%

Hardcap is reasonable with bulk of funding already raised. MVP is available and user friendly.

The team is big and is considered to have the right skills to enter in the transaction. Few key members have been with the project for 6yrs, interested to know what was happening all this time.

The vision solves an issue for both brands and customers. Generally loyalty is restricted to certain rewards, so the options to transfer and or convert to fiat are good offerings.

Boris Otonicar
Blockchain Specialist BVS; ICO Advisor; Scrum Master; Switzerland
Rated on Sep 22, 2018
5
3
5
3%

The team is big and have all kind of competences. I like that they have already a MVP on Google and App store. The idea is not new and they have some competitors, but it seems that qiibee will run on first place when I compare what partners they could already attract. Congratulation! They have already over 80000ETH preregistered and that shows me the investors trust qiibee. Thats a good sign. The token is useful and could be used with different brands and merchants. Such projects bring value to the Blockchain space.

Tamas Peter Turcsán ⚙️
Strategist @ Inlock.io
Rated on Sep 23, 2018
5
4
4
1%

Qiibee is not a revolutionary innovation and there are lots of competitors on the market.
But the idea is good enough for a solid business, with huge market potential.
The business use cases in the White Paper are unique.
The only issue is the market entry, and the scalability.
The team is really good, experienced.
I would bet they would be successful.

Prabu Dass
Blockchain Project Manager and Advisor | Blockchain Enthusiast |
Rated on Sep 24, 2018
5
5
5
2%

Qiibee, one of the best use cases that the blockchain can be applied to. They have chosen the right business model.
The team looks pretty big and knowledgeable.

The white paper is well executed and shows that the team knows what they are doing and what they are claiming for, it is pretty straightforward.

The alpha version of the mobile app's user experience is amazing and it is going to be a must app in everyones mobile.

One of the best moves about this team is that they haven't just given a white paper and the business idea and looking for investors which most of the ICOs does and they run away but Qiibee had already developed an Alpha version and that show how serious they are about this project.

I wish all the best to the Qiibee team.

Luke Szkudlarek
Growth Hacking ICOs from the heart of Crypto Valley
Rated on Sep 24, 2018
5
5
5
3%

Awesome project with pilot projects lined up and potential for tangible traction within the non-blockchain networks. On top of this the team is hungry and highly dedicated team, wish them all the best.

Paresh Masani
ICO Consultant | Strategy and Vision Execution | Public Relations | Crypto-funds | Blockchain Development Lead
Rated on Sep 24, 2018
4
2
2
5%

Big team with related experience.
Comprehensive whitepaper and decent social media activity.
There are plenty of players already offering Loyalty on the blockchain and it's kind of obsoleted product on the Blockchain now!!
Can't see any strong partnerships that can be trusted!
Very difficult to see any ROI for investors.
MVP doesn't work - after entering code 123 - GO button doesn't to anything. I tried on latest Chrome!

Yuichiro Okazoe
Yuichiro Okazoe
Rated on Sep 25, 2018
5
5
5
3%

It depended on the points that each store himself produced so far,
By using this platform it is possible to generate royalties easily and efficiently for the user.
It will be the first step in a more rational world.
───────────────
これまで各店舗自らが生み出したポイントに頼っていたが、
このプラットフォームを使用することによりユーザーに対して簡単且つ効率的にロイヤリティを発生させることができる。
より合理的な世界の第一歩となるでしょう。

Anshul Dhir
Founder and CEO, Exuberant Financial Services| Qadcore
Rated on Sep 25, 2018
4
3
2
3%

Qiibee has experienced team with diversified business expertise, needed for the neatly expressed targets. Business idea lacks innovation. Whitepaper is comprehensive and explains everything succinctly. I see the business model as marketplace for loyalty points, when it says its a 'protocol', though In my opinion its still a dApp that tries to encash buzz around protocol. Tokenomics is good. The revenue model as it explains usage of token may land it to basket of 'security token'. I advise to be cautious of approach. Nothing mentioned on ' Legalities' in whitepaper. MVP? All the best.

Suzat Fernandes
CFO & Co-Founder
Rated on Sep 25, 2018
4
3
3
4%

qiibee’s take on loyalty program is interesting. I’ve seen a couple more projects which similar concept already in the market. The use-case-scenario of the token is well-thought-out. The team is experienced in a multitude of disciplines which will be the driving force for the project. I’m waiting for the MVP. Good Luck to the team.

Ong Jun Hao
Founder Of BlockConnectors.io (Top Blockchain Advisory Firm In Asia) | ICO Advisor For Asia Market | Consulted 20+ ICOs | Marketing Expert
Rated on Sep 27, 2018
5
4
4
5%

I always think that loyalty programs are important and can definitely be blockchain-sized. However, there is many already out there and I'm interested to see whats the go-to-market strategies for qiibee. Strong team anyways!

Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Sep 27, 2018
4
2
2
4%

Team is big and good advisory board looks strong too ..... about Vision I think you guys have to work hard in marketing department ... lots of project with same vision ... so competitive industry for you guys .... about product its just a prototype...

Giovanni Casagrande
ICO Advisor and Growth Hacker
Rated on Sep 27, 2018
4
4
5
4%

The team is very big, a lot of experience as i can see on their Linkedin profiles.
Advisor also a lot of strong and strategic.

Vision is ok, i can see where they're going, maybe can resolve all the market issues.
Similar service already exists but repackaged and remarketed.

Whitepaper well written, complete with all informations and explanations of most of key issues.

App is already available for download, already loyalty dapps on there and simple to use.

Good luck guys!

Irwin Chee
ICO Advisor | Blockchain Enthusiast | Venture Capitalist
Rated on Oct 1, 2018
5
4
4
4%

This is not the first time we are hearing of such a project but the team looks experienced and has potential to excel especially with a running MVP and some partner projects on the way which can be what differentiates them from the rest. Hoping to see more reputable partners in the coming months and more users on board

Mohit Tater
Blockchain & ICO Advisor, Investor, Serial Entrepreneur
Rated on Oct 1, 2018
4
3
3
5%

Not the first ones to come out with a loyalty program on the blockchain. On the bright side, the team is experienced, they are pretty active on social media and they have a well written whitepaper.

Krutesh Shah
Enterprenuer | CEO | ICO Advisor |Investor | Blockchain Enthusiastic | Public Speaker
Rated on Oct 2, 2018
5
4
4
4%

Team is good. Whitepaper is good and good social media activities. Idea is really good but there is already many real world competitors. To create wave in loyalty industry, they need to spend lot money in marketing. They need to concentrate on increasing adoption rate. MVP looks good. Best of luck team.

Kyon Yoshihara
Direct Marketing Manager,ICO produce
Rated on Oct 4, 2018
4
5
5
3%

A dedicated wallet has already been prepared. It is in a downloadable state and wonderful.
We have a partner company that gains social trust and this fact confirms the project's goodness.
Steady business design.
Certain demand.
Enough team.
I support this project.

ANKUR SIDDHA
Founder @ All Coin Posts (allcoinposts.com)
Rated on Oct 4, 2018
5
5
5
3%

Team : Strong team, They have team members who are expert in their domain. Advisors supporting the project are also very experienced and the project will get benefit of them.

Vision : Loyalty is surely will work the best on Blockchain functionality. Many People argue that blockchain market is saturated with these kind of projects already. But If you will see every company has there own Loyalty Program whether its Airlines, FMCG, Super Markets, Retailers, Cafe's etc. and all of them doing great.

Product : The MVP they have shown on ICObench is fully working product as it is seen and you need to buy products enter Codes, Barcodes etc to correct all your rewards. Hopefully they will do great partnerships to redeem those points.


Conclusion : This project can be a success and make market for themselves. They need to be focused and dedicated

Simon Zenios
Lawyer & Director at Simon Zenios & Co LLC | Blockchain Legal Advisor | ICO | Law & Security Instructor at SGT
Rated on Oct 6, 2018
4
4
4
3%

Good team with more than 5 years’ experience in similar fields. I think they have a good setup here and with the help of their selected advisors, this could go a long way. I’ve see this kind of project before but I believe they have adapted with the times and they will fare better than previous projects. As regards marketing, they seem to be doing fine since they had a whitelist period up and received a good number of registrations. Overall, very clear vision, clear explanation on whitepaper on what they plan to achieve and how they plan on dealing with the problems. Downloadable application and user friendly also. All the best to the team.

PlumBot
ICO Analyzer Bot
Rated on Oct 17, 2018
0
0
0
12%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

qiibee ICO price

Price in ICO

1 ETH = 10,000 QBX

qiibee (QBX) crypto

qiibee coin

qiibee token
QBX
qiibee type
ERC20
qiibee platform

qiibee (QBX) value

Tokens for sale
673400000

qiibee market cap

qiibee market capitalization
$ 8460000

qiibee investment info

Distributed in ICO
51%
Soft cap
3 000 000 USD
Hard cap
11 250 000 USD

qiibee whitepaper

qiibee team

Apply as an advisor

Gabriele Giancola

Co-founder, Sales & Partnerships

Gianluca Giancola

Co-founder, Design & UX

Felicia Giancola-Teora

Finance & Legal

qiibee milestones

1
2015 - 2016

WePower idea

2
2017

WePower idea

3
Q1 2018

WePower idea

4
Q2 2018

WePower idea

5
Q3 2018

WePower idea

6
Q4 2018

WePower idea

ICOs that might interest you

CyClean is a project that promotes clean energy through a rental system of electric vehicles.

Jun 27, 2018

Beaxy aims to create the ultimate all-in-one cryptocurrency exchange, with more tools at your dis...

Sep 1, 2018

Revolutionary approach leveraging benefits of blockchain technology and providing direct connecti...

Jan 21, 2019

MSC is short for MP&SilvaCoin, an encrypted token issued by MPS Foundation.

Jun 6, 2018