Gamification is Dead! New Tech Startup Takes on Gamification Platforms - Rewards Members

By: MoPals.com Inc.
 
TORONTO - Oct. 7, 2014 - PRLog -- Is social media about to change? MoPals.com Inc.  – a new social media startup – has officially launched its Android and iOS loyalty and rewards app across North America. The company takes on gamification platforms such as Yelp, TripAdvisor and Foursquare by reinventing social media engagement and brand ambassadorship.

The free app lets participating businesses issue rewards for simple word-of-mouth advertising. Community members earn reward points, called MoCoins – MoPals’ digital currency – for taking photos of their dining, shopping and travel experiences and sharing them on their social media profiles, like Facebook or Instagram. Additional MoCoins are awarded for writing reviews, checking-in or making purchases.

Alex Haditaghi, CEO and Founder of MoPals, believes, “Gamification has lost its appeal.” He explains, “While Yelp, TripAdvisor and Foursquare have built multi-billion dollar businesses by collecting customer reviews, those writing them get nothing in return - except a worthless badge.” MoPals appeals to this fragmented market by becoming the first loyalty program to reward its members for their feedback and social media interactions.

In addition, MoPals uses crowdsourcing to grow its community, issuing big rewards like $500 for every business a member refers, while providing an easy to integrate loyalty program for small, medium and large companies. MoPals’ Big Data-driven IQ Engine allows businesses to identify key consumers and their behavior, attract new customers and convert existing customers into loyal customers.

“For example, take your local family run restaurant,” says Haditaghi. “With MoPals, establishments can instantly reward customers for simply sharing their experiences, tips and photos over social media with their network of friends and followers."

Importantly, MoPals’ transparent business model seeks to bridge the gap between traditional reward incentives and the existing social media landscape. The evolutionary app wants to foster a positive community - improving brand loyalty and customer satisfaction.  To learn more about MoPals and to become a member, visit www.mopals.com.

Forward Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC athttp://www.sec.gov.

Contact
Alex Haditaghi
***@mopals.com
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Tags:Social Media, Technology, Loyalty, Foursquare, Bitcoin
Industry:Lifestyle, Technology
Location:Toronto - Ontario - Canada
Subject:Services
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