Tokkeni: A New Way to Tokenize and Gamify Different Aspects of a Business

Rewards, competitions and loyalty programs always spring to mind first, but the Zürich-based startup wants to push the boundaries further by letting its users get creative.

Digital blockchain tokens can improve a business in several ways, and the new application Tokkeni has plenty of suggestions. Rewards, competitions, and loyalty programs always spring to mind first, but the Zürich-based startup wants to push the boundaries further by letting its users get creative.

Tokkeni’s interface may look like other digital wallet apps on the surface (though it’s more colorful). But scratch below the surface, and you’ll find a whole range of suggestions for tokenizing and gamifying different aspects of a business. There are events and promotion campaigns, influencer ranks, work tasks, skillsets employees can build upon and take with them, prizes, and leaderboards.

Users aren’t limited to those choices since any business or other type of project can create their tokens and rules. Signing up for the app is simple, as is its navigation—though business users looking to develop or sell tokens will need to complete a KYC/ID process and link a bank account to get the full benefits.

Here are some specific examples of how digital blockchain tokens can be used to improve a business:

Tokkeni’s platform explores the possibilities. Petre suggested users create tokens for “customer loyalty, digital coupons, airdrops, giveaways, gamification, and surveys.”

In reality, users are limited only by their imaginations and what concepts can be tokenized. Mini- or nano-sized businesses (which could be a single individual) can tokenize themselves and/or their skills as a form of marketing or monetize by swapping them with others.

“We (also) have the ability to create Promoter Campaigns, where one can unleash an army of promoters, each with their own link,” Petre added. “When a customer comes to the business and buys something using that link, the promoter is automatically being rewarded in tokens of the respective business.”

He also pointed out some use cases for live and in-person events, saying tokens and gamification can make these more engaging for attendees and fun.

For example, organizers could “give tokens for each ‘task’ or question received, hide QR codes with prizes, etc. We organized an event like that with SwissRe, a big re-insurer, and it was a great success, the participants were very engaged and checking our leaderboards all the time,” Petre said.

Tokkeni has a Marketplace feature that handles P2P swaps and trades. Ownership transfers are handled by smart contracts on the BSV network. The swaps are atomic, that is, the results are either a success or fail—so there is no danger of any tokenized asset getting lost in limbo.