Uploaded on Apr 5, 2022
The Loop Coin app is the rewards system for participation within the loop, essentially rewarding conscious consumers for their contribution to our vision. The app also allows consumers to redeem their coin (LEN), by purchasing goods and services at the business’s (Looper’s) physical store or e-commerce page on LEN24 Marketplace. Visit:-https://myloopcoin.com/
ABOUT LOOP COIN APP & LEN24 CIRCULAR ECONOMY
ABOUT LOOP
COIN APP &
LEN24
CIRCULAR
ECONOMY
How does this rewards system
The LEN24 Loop model wis ao crokm?plete circular ecosystem.
Only businesses aligned with it’s core sustainable
objectives will be able to enter the looping supply
chain.These businesses will also receive a dedicated e-
commerce page on LEN24 Marketplace as well as a profile
on the Loop Coin app. The Loop Coin app is the rewards
system for participation within the loop, essentially
rewarding conscious consumers for their contribution
towards our vision. The app also allows consumers to
redeem their coin (LEN), by purchasing goods and
services at the business’s (Looper’s) physical store or e-
commerce page on LEN24 Marketplace.
How does a sustainable business
join the LEN24 Loop?
If a business is aligned with the sustainable
objectives of LEN24 Loop, the business is
welcome to apply to join the LEN24 Circular
Economy. Only upon evaluation and
successful application, will the business will
form part of the loop model.
How does someone join Loop
Coin?
Simply download the Loop Coin app and
ensure that you successfully complete the
registration process.
Does the Loop Coin app need to
be downloaded to earn rewards?
Yes, your LEN can only be accessed via the
Loop Coin app. It also allows you to
transact between other users as well as
redeem your coin at participating
businesses within the LEN24 Loop.
Who is eligible to earn rewards?
The rewards are available to any consumer
that supports the LEN24 Loop, provided
that they have a Loop Coin profile.
What is the benefit of using the
app?
Participating within the Loop Coin rewards program
comes at no additional cost and effort to you. We
are simply rewarding you for your initiative and
taking responsibility for saving our planet. Your LEN
can be used to pay for any goods or services offered
by a Looper, rendering it a win- win all round. The
app also allows you to easily find participating
businesses aligned with your values of saving our
planet.
How can I start collecting coins?
The sooner you have an active Loop Coin profile and
begin supporting businesses within the LEN24 Loop,
you will begin to earn and accumulate coins for
various promotions that take place within the overall
LEN24 Loop. Additional rewards can be earned for
additional conscious behaviour, for example
collecting recycling or bringing your own cup when
purchasing a cup of coffee at participating
businesses.
How can I redeem my rewards?
By using the app, you are able to manage
your LEN and use it to easily purchase
goods or services at participating
businesses.
What is the difference between
Loop Coin and LEN?
Loop Coin is the name of the rewards
system/app whereas LEN is used to refer to
the ‘currency’ of the reward coins used with
within the app.
Can I transfer LEN to another
user?
Yes, there are multiple ways to transfer LEN
between users such as, sending to a Phone
number, scanning a QR Code or accepting
and Incoming Invoice.
Are there costs involved with
having a Loop Coin profile?
No, there are no associated costs involved.
Can my customers use the Loop Coin
app to purchase goods or services on
LEN24 Marketplace ?
Yes, Loop Coin is fully integrated with
LEN24 Marketplace and serves as an
additional payment gateway.
Thank You
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