hey karl! obviously real market integration is crucial to the overall success of Incent. As the company is based in Australia as I understand, do you guys have detailed plans on how and when to expand to europe states asia south america already? my guess is, that if Incent is successful in Australia and makes some waves, it will not take long for similiar projects to pop up elsewhere ... or are there even any competing efforts so far you got aware of? I'm sure somebody else had the idea as well already
Thanks in advance!
Hey buddy! The greatest advantage of Incent is it's open value meaning that people can redeem it for rewards, sell it on the market or transfer/save it.
Imagine if there is a company in your country and it's the only one. The company could still participate in Incent and distribute rewards to its customers. They will then be able to choose how to use their tokens, be it for redemption at this exact or another company in the network, market selling or transferring/saving. Surely, if it's the only company in the respective country, the user won't have as many possibilities to redeem his tokens as in Australia for example. Nevertheless, there might be participating companies in Australia who'd deliver their products to other countries as well. Additionally, there will be businesses in the network offering online services so the customer's location doesn't matter at all. If a user can't find what he desires, he will simply hold his Incent or sell them (both ways he received his reward). As you can see, geographics do matter, but only up to a certain, really limited extent.
I also pinged Rob and hope he will elaborate more on your question.
