An anonymous director reports
GCAC LAUNCHES BOND FOR GLOBAL CANNABIS BRANDS
Global Compliance Applications Corp. has released new capabilities by Efixii Uplift. A transformative new solution for cannabis brands and producers providing them with the ability to deepen their relationship with their consumers. This new service, called Bond by Efixii Uplift, will be offered to over 776 licensed producers and processors in Canada and more than 3,000 cannabis brands in the United States. The program is based on an affordable monthly subscription and commission model, providing exceptional value to small and medium-sized operators with limited budgets to directly engage with end consumers.
A new era of consumer engagement
Bond enables cannabis brands and producers to engage directly with consumers on the Efixii blockchain. By utilizing non-fungible tokens (NFTs) and smart contracts, Efixii Uplift offers a secure and transparent method for distributing and redeeming token rewards and Uplift product coupons.
Key features:
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Simplified earn process: Consumers collect NFT tokens by scanning a QR code on the product package, executed through an Ethereum smart contract.
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Direct brand-to-consumer connection: Upon scanning the QR code, the token is transferred from the brand's Ethereum wallet to the consumer's wallet, facilitating direct interaction and engagement via the Uplift app.
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Security and transparency: Efixii's use of smart contracts ensures that the terms of the tokens are immutable and verifiable, significantly reducing the risk of fraud and enhancing auditability.
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Rewards and incentives: After redeeming a set number of reward tokens, consumers receive a special Uplift coupon from the brand, providing additional incentives for continued engagement.
Bond departs from complicated loyalty and reward programs, harkening back to the simpler "old school" style loyalty that is based on a trusted relationship between consumers and business owners. This innovative approach leverages the security and transparency of the Efixii blockchain to create a seamless, fraud-resistant experience that connects brands directly with consumers one to one. Since it is blockchain based, consumers never need to sign up to use Uplift, and Efixii does not collect personal user data. This overcomes significant hurdles to consumer adoption and eliminates the need for brands to invest in costly marketing programs to attract repeat customers.
Seamless integration with dispensaries
Dispensaries can also participate in this program, allowing consumers to redeem their reward coupons for free, or discounted products, which are paid for by the brands. This not only drives traffic to participating dispensaries but also enhances the overall consumer experience.
About Global Compliance Applications Corp.
Global Compliance is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Global Compliance's leading solution is Efixii, an ethereum Layer 2 blockchain and EVM (ethereum virtual machine) programming functionality that is on par with other Layer 2s, such as Polygon. Global Compliance can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value-chain dApps (decentralized apps) that allow for data connectivity to drive better consumer experiences and sales. Global Compliance created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value or truthness through a reward program. Global Compliance works in many agricultural industries, providing a value-added blockchain offering through a cost-effective SaaS (software-as-a-service) licensing model.
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