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August 04, 2018, 03:43:45 AM |
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As Zeeks sister company, Zeex enters the market with a head start. Founded four years ago, Zeek is a platform that allows users to buy and sell gift cards whether in digital or physical form using fiat money. Perhaps the greatest advantages that Zeek offers Zeex are the rapid growth of its transaction volume and experience. With four years of success in the gift-card market, Zeek has established itself as a vibrant and trustworthy platform to buy and sell gift cards and digital vouchers. Zeek sold over one million gift cards in 2017. In just the last two years alone, Zeek has grown tenfold year-over-year. Such growth is never an accident. The second advantage Zeek provides Zeex is its catalogue and the deep commercial relationships that the catalogue represents. Since the demand for gift cards outstrips supply, securing supply is a key challenge. Zeek has established relationships with 350 brands, including such household names as Amazon, Adidas, Nike, Ikea, Starbucks, iTunes, Steam and many more. Zeek, therefore, avails of unparalleled access to gift cards, so users can realise their value immediately. Thanks to its market-leading transaction volume, Zeek is often able to acquire gift cards from these retailers at a discount, multiplying their value to users. In fact, the collaboration with Zeek guarantees access to a high-demand inventory for initial token buyers thanks to Zeeks commitment of a multi-million dollar stock of gift cards, which makes the tokens immediately convertible. As valuable as this relationship is, however, Zeex is not strictly reliant on Zeek for its stock of gift cards. In order to expand and provide token holders the greatest possible access to brands and global markets, Zeex is also cultivating independent relationships with a host of suppliers around the world. A final advantage Zeek offers is technological innovation and know-how. This includes the expertise to create an intuitive user experience and a stable backend, proprietary fraudprevention technology, algorithmic learning about which brands are likely to appeal most strongly to which users, security infrastructure, and the technical and legal aspects of operating in several international markets.
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