Fact Sheet - Strategic Partnership with Enigmatic Smile
Overview
Embr Labs: Embr Labs is an innovator in onchain payments technology, aiming to simplify cryptocurrency transactions. While we continue to know the potential of our infrastructure, it is still developing, and this partnership is a pivotal step in accelerating it’s availability in market.
Enigmatic Smile: A leader in global payment-linked rewards infrastructure, delivering critical infrastructure on a planetary scale. They focus on decentralizing the issuance of currency, and partner with banks and financial services organizations worldwide to defragment the rewards industry.
Key Benefits of the Partnership
Strategic Synergy: This partnership integrates Embr Labs' vision with Enigmatic Smile's established rewards network, creating a comprehensive end-to-end payment and rewards infrastructure. This collaboration aims to challenge global payment leaders by enhancing both onchain and off-chain payment ecosystems, ensuring a seamless experience from transaction initiation to reward redemption.
Enhanced Utility: The combined technologies offer real-time payments and tailored rewards, driving blockchain adoption globally. Embr Labs' potential is significantly boosted by Enigmatic Smile’s established infrastructure, which includes staking, lending, borrowing, and vouchers, increasing engagement and loyalty among users.
Shared Vision
Transforming Payments: Both companies share a mission to revolutionize payments by leveraging blockchain technology to create seamless, secure, and rewarding transactions. This partnership aims to provide a comprehensive solution that enhances the user experience both online and in-store, driving the mainstream adoption of decentralized finance.
Community-Centric Approach: The partnership emphasizes a community-focused approach, ensuring all stakeholders, including users, partners, and token holders, benefit from a unified ecosystem. The VOW token features governance, promoting transparency and community involvement in decision-making processes.
VOW Token Overview
Utility: Designed for the payment-linked rewards sector, VOW tokens offer unique staking rewards and innovative utilities. They tokenize traditional rewards like discount vouchers into digital discount values, saving retailers up to 80% on existing rewards currencies. VOW tokens can be used across various platforms and merchants, supporting multiple use cases from staking and liquidity farming to real-time reward redemptions.
Integration into VOW Ecosystem: VOW tokens seamlessly integrate with the VOW ecosystem, which offers a wide range of utilities including staking, lending, borrowing, and voucher systems. This integration provides EMBR holders access to a more robust and established infrastructure, enhancing their potential benefits and opportunities.
Enigmatic Smile's Technological Innovations
Single.id: The core of Enigmatic Smile's ecosystem, Single.id ensures merchant-funded rewards are only paid out once, preventing reward stacking and serving as a single source of truth in the industry. This reliable and transparent system has garnered trust from merchants and consumers alike.
TXI: Monitors real-time purchase transaction matches across 20+ financial services organizations, producing clean data ready for reward programs. TXI's real-time capabilities ensure transactions are processed quickly and accurately, with data cleansing improving reward program efficiency.
Vow Tokens: Tokenizes traditional rewards into digital discount values, making reward systems more efficient and cost-effective, facilitating the digital transformation of traditional reward systems, benefiting retailers with significant cost savings.
Security and Compliance
PCI DSS Compliance: Enigmatic Smile is a PCI Level 1 Service Provider, ensuring all data is 256-bit encrypted to bank-level standards. They undergo annual audits by independent Qualified Security Assessors (QSAs) and conduct regular network security scans. These stringent measures ensure robust security for partners and customers.
Global Reach and Impact
Global Coverage: Enigmatic Smile's technology integrates with over 20 financial services organizations, covering 90% of the world’s merchants and supporting reward programs in 11 countries. Over 150,000 live merchant locations globally facilitate seamless reward transactions for over 12 million linked consumers, ensuring that users worldwide benefit from innovative reward programs.
Notable Partnerships
Visa and Fiserv Integration: Enigmatic Smile is integrated with industry-leading financial services organizations like Visa and Fiserv, ensuring wide acceptance and robust infrastructure.
Local Partners: Collaborations with local companies like Pine Labs and Innoviti enhance regional reach and effectiveness.
Fidel API and Lux Rewards: Partnerships with Fidel API and Lux Rewards streamline the connection between rewards programs and consumers, enhancing the overall experience.
Reward Collection: The Reward Collection program offers tailored rewards across multiple sectors, leveraging Enigmatic Smile's extensive network.
Millions of Consumers: Enigmatic Smile's extensive reach includes millions of consumers and hundreds of thousands of brick-and-mortar stores within its network, driving significant engagement and adoption.
Future Plans
Innovation and Growth: Embr Labs and Enigmatic Smile are committed to continued innovation and growth, developing new products and services leveraging their combined strengths. This includes the anticipated launch of VOW’s Layer-2 blockchain, further enhancing the ecosystem with cutting-edge technology and new product development.
Ecosystem Expansion: Plans to incorporate more projects and partners, creating a comprehensive and versatile payment and rewards system. Collaborative growth focuses on scalable solutions to accommodate increasing user demand and transaction volumes, broadening the ecosystem's scope and impact.
Contact Information
Enigmatic Smile Website: enigmaticsmile.com
Podcast Hub: enigmaticsmile.com/podcast-hub
About Enigmatic Smile: enigmaticsmile.com/about
Vow Ecosystem: Vow.foundation
Embr Labs: Embr Labs is an innovator in onchain payments technology, aiming to simplify cryptocurrency transactions. While we continue to know the potential of our infrastructure, it is still developing, and this partnership is a pivotal step in accelerating it’s availability in market.
Enigmatic Smile: A leader in global payment-linked rewards infrastructure, delivering critical infrastructure on a planetary scale. They focus on decentralizing the issuance of currency, and partner with banks and financial services organizations worldwide to defragment the rewards industry.
Key Benefits of the Partnership
Strategic Synergy: This partnership integrates Embr Labs' vision with Enigmatic Smile's established rewards network, creating a comprehensive end-to-end payment and rewards infrastructure. This collaboration aims to challenge global payment leaders by enhancing both onchain and off-chain payment ecosystems, ensuring a seamless experience from transaction initiation to reward redemption.
Enhanced Utility: The combined technologies offer real-time payments and tailored rewards, driving blockchain adoption globally. Embr Labs' potential is significantly boosted by Enigmatic Smile’s established infrastructure, which includes staking, lending, borrowing, and vouchers, increasing engagement and loyalty among users.
Shared Vision
Transforming Payments: Both companies share a mission to revolutionize payments by leveraging blockchain technology to create seamless, secure, and rewarding transactions. This partnership aims to provide a comprehensive solution that enhances the user experience both online and in-store, driving the mainstream adoption of decentralized finance.
Community-Centric Approach: The partnership emphasizes a community-focused approach, ensuring all stakeholders, including users, partners, and token holders, benefit from a unified ecosystem. The VOW token features governance, promoting transparency and community involvement in decision-making processes.
VOW Token Overview
Utility: Designed for the payment-linked rewards sector, VOW tokens offer unique staking rewards and innovative utilities. They tokenize traditional rewards like discount vouchers into digital discount values, saving retailers up to 80% on existing rewards currencies. VOW tokens can be used across various platforms and merchants, supporting multiple use cases from staking and liquidity farming to real-time reward redemptions.
Integration into VOW Ecosystem: VOW tokens seamlessly integrate with the VOW ecosystem, which offers a wide range of utilities including staking, lending, borrowing, and voucher systems. This integration provides EMBR holders access to a more robust and established infrastructure, enhancing their potential benefits and opportunities.
Enigmatic Smile's Technological Innovations
Single.id: The core of Enigmatic Smile's ecosystem, Single.id ensures merchant-funded rewards are only paid out once, preventing reward stacking and serving as a single source of truth in the industry. This reliable and transparent system has garnered trust from merchants and consumers alike.
TXI: Monitors real-time purchase transaction matches across 20+ financial services organizations, producing clean data ready for reward programs. TXI's real-time capabilities ensure transactions are processed quickly and accurately, with data cleansing improving reward program efficiency.
Vow Tokens: Tokenizes traditional rewards into digital discount values, making reward systems more efficient and cost-effective, facilitating the digital transformation of traditional reward systems, benefiting retailers with significant cost savings.
Security and Compliance
PCI DSS Compliance: Enigmatic Smile is a PCI Level 1 Service Provider, ensuring all data is 256-bit encrypted to bank-level standards. They undergo annual audits by independent Qualified Security Assessors (QSAs) and conduct regular network security scans. These stringent measures ensure robust security for partners and customers.
Global Reach and Impact
Global Coverage: Enigmatic Smile's technology integrates with over 20 financial services organizations, covering 90% of the world’s merchants and supporting reward programs in 11 countries. Over 150,000 live merchant locations globally facilitate seamless reward transactions for over 12 million linked consumers, ensuring that users worldwide benefit from innovative reward programs.
Notable Partnerships
Visa and Fiserv Integration: Enigmatic Smile is integrated with industry-leading financial services organizations like Visa and Fiserv, ensuring wide acceptance and robust infrastructure.
Local Partners: Collaborations with local companies like Pine Labs and Innoviti enhance regional reach and effectiveness.
Fidel API and Lux Rewards: Partnerships with Fidel API and Lux Rewards streamline the connection between rewards programs and consumers, enhancing the overall experience.
Reward Collection: The Reward Collection program offers tailored rewards across multiple sectors, leveraging Enigmatic Smile's extensive network.
Millions of Consumers: Enigmatic Smile's extensive reach includes millions of consumers and hundreds of thousands of brick-and-mortar stores within its network, driving significant engagement and adoption.
Future Plans
Innovation and Growth: Embr Labs and Enigmatic Smile are committed to continued innovation and growth, developing new products and services leveraging their combined strengths. This includes the anticipated launch of VOW’s Layer-2 blockchain, further enhancing the ecosystem with cutting-edge technology and new product development.
Ecosystem Expansion: Plans to incorporate more projects and partners, creating a comprehensive and versatile payment and rewards system. Collaborative growth focuses on scalable solutions to accommodate increasing user demand and transaction volumes, broadening the ecosystem's scope and impact.
Contact Information
Enigmatic Smile Website: enigmaticsmile.com
Podcast Hub: enigmaticsmile.com/podcast-hub
About Enigmatic Smile: enigmaticsmile.com/about
Vow Ecosystem: Vow.foundation
Updated on: 05/08/2024
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