Ovato

The Ovato is a platform that aims to positively liberate the loyalty rewards ecosystem by aligning the interest of merchants, buyers, and influencers. Ovato intends to do this using the Ovato token and its associated applications that will offer users and businesses more enticing proposition and greater incentive to conduct secure transactions at a significantly lower cost.

Ovato intends to implement these changes in the loyalty industry with the help of the blockchain technology. The distributed Ovato tokens will be used by merchants and customers to create a network that will be beneficial to all of them.

With Ovato, the merchant will be given the opportunity to dictate the portion of their gross profit that will go into loyalty programs. The portion will be delivered to the recipients instantly upon enrollment and purchase.