that it raised $2 million in seed funding to enhance its integration of cryptocurrency and e-commerce. Moso services over 2,000 merchants including giants like Walmart and eBay, offering consumers the unique opportunity to earn cryptocurrency rewards on their purchases.
The funding round, featuring contributions from Symbolic Capital, Dao5, Coinlist, Polygon Ventures, and several strategic angels, marks a significant step towards bridging the gap between traditional online shopping and the burgeoning world of digital currencies.
By integrating Web3 tokens into their rewards system, Moso is starting to leverage the potential of blockchain technology to offer value to its users. “By partnering with Web3 projects to offer their tokens as a rewards option, we collaborate with these partners to significantly enhance reward rates—sometimes increasing them by up to five times, which can amount to as much as 100%," said Capozza.
Moso is not stopping at simply offering cryptocurrency rewards. The platform is keen on enhancing the usability of these rewards by integrating additional Web3 functionalities. This allows users to utilize their crypto earnings in more dynamic ways, such as accessing exclusive services or participating in unique online experiences.
Furthermore, Moso's approach has outperformed traditional cashback offers by providing up to five times more in returns. This is achieved through strategic collaborations with various token projects, enhancing the value delivered to users and making each transaction significantly more rewarding. As Moso continues to grow, its focus remains on empowering Web3 decentralized applications with innovative reward mechanisms that drive user engagement and platform growth.
Nfts Consumer Behavior Consumer Loyalty Walmart Ebay Polygon Ventures Web3
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