Gabrotech

Democratise LOYALTY REWARDS USING BLOCKCHAIN

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Why Disrupt the rewards industry

THE LOYALTY REWARDS PROGRAM MARKET IS WORTH AN ESTIMATED USD 500 BILLION, WITH EACH HOUSEHOLD ENROLLING IN AN AVERAGE OF 25 PROGRAMS. HOWEVER, THE ACTUAL UTILISATION OF REWARDS POINTS VARIES FROM 10% TO 80%, DEPENDING ON SECTOR.

SURVEYS INDICATE THAT UP TO 78% OF CONSUMERS ARE UNSATISFIED WITH THE FRAGMENTED STATE OF THE LOYALTY PROGRAM MARKET. MANY CONSUMERS ALSO HOLD THE BELIEF THAT LOYALTY PROGRAM OPERATORS (LPO) MAKE IT DIFFICULT FOR THEM TO REDEEM POINTS, AS EXPIRED POINTS BECOME A FORM OF PROFIT TO THE LPOS. THIS PRESENTS A HUGE OPPORTUNITY FOR US TO IMPROVE THINGS.

Use Case 1: Flight redemption

John wants to redeem an air flight ticket to go to New York from London. When he looks at his air mileage loyalty program, he finds that his points are insufficient for a ticket redemption. He has two options: he can either pay cash to buy outstanding points, or use his credit card to purchase items to earn points and thereafter, convert the points to mileage. These options are both costly and take a lot of time.

Meanwhile, John normally uses his credit card to earn retail loyalty points or shopping incentives and has many points for the supermarket chain instead of the airline. He finds out that loyalty points are not interchangeable between stores, brands or industries.

The Solution



Gabro Wallet 2.0 is the first loyalty crypto wallet designed for consumers to conveniently convert their unused loyalty points to cryptocurrency (Gabro Coin) in order to instantly redeem their preferred services, discount coupons, loyalty points, air tickets, hotel rooms, etc. Gabro Wallet 2.0 also allows users to set their redemption targets and personalise their notifications according to the amount of points needed for various redemption levels. 

Gabro Prepaid Card allows users to earn a 0.1% reward for every purchase they make. This incentive will be transferred to the user in the form of Garbo coins, which additionally gives them the opportunity to become Gabro coin holders and benefit from a potential upside in coin value.

use CASE 2: FUNDING TRAVEL WITH CRYPTOCURRENCIES AND CROSS-BORDER ONLINE SHOPPING IN CRYPTOCURRENCY

Winnie is a bitcoin investor who enjoys travelling and shopping online. She finds it difficult to convert her bitcoins to fiat currency when she is overseas or when she wants to shop online.

The solution
Gabro Wallet 2.0 allows users to buy, hold and exchange Bitcoin, Ether Litecoin and other cryptocurrencies with fiat currencies at the best possible exchange rate. It can hold, transfer and exchange users’ money in their home currency and other foreign currencies with the real exchange rate.

With the Gabro Card, users can spend globally with real exchange rates and make international ATM withdrawals. They will also receive instant payment notifications and view intuitive analytics that automatically categorise their transactions, allowing them to plan ahead and stay within their budget.

CASE 3: INBOUND REMITTANCES AND CROSS-BORDER P2P PAYMENTS

Andy is an investment banker and a frequent traveller. He is using his bank’s service to transfer money and finds it hard to have a consistently positive experience when moving money locally and overseas. Despite living in a globalised and networked world, the process of transferring money from one place to another can sometimes still be rather troublesome. Andy’s complaints for overseas money transfers through a bank include: unfavourable forex rates, lengthy transfers, overly-complicated processes and high bank transfer fees.

The solution

Gabro Wallet 2.0 allows users to send tokens or loyalty points to their friends and family, locally and globally, in seconds, via Token. Recipients can choose to convert the coins to fiat currency or loyalty points at competitive forex rates and/ or handling fees through a flexible and simple process.

Company Milestone

Pre-order Your Gabro Cards

USING GABRO’S MCCE MODULE, GABRO CARD ENABLES ALL SUPPORTED CRYPTOCURRENCIES TO BECOME SPENDABLE IN REAL-TIME

Gabro Team

GABRO IS FOUNDED BY A TEAM OF 6 BLOCKCHAIN ENTHUSIASTS. THE TEAM HAS ACCUMULATED OVER 100 YEARS OF EXPERIENCE IN PAYMENTS IN DIFFERENT BANKS, CARD CARRIER NETWORKS AND FINTECH COMPANIES. THE GABRO TEAM IS BASED IN CHINA, HONG KONG, SINGAPORE AND THE UK.

Chairman – Andy, P.K. Chen

Andy, P.K. Chen has worked at Capital One in the US, Accenture in the UK, BCGand Credit Suisse in Asia Pacific. His last position was GM, Head of China, Mastercard Advisors. For the last 20 years, he has advised many corporations on digital strategy and transformation, as well as smaller business ventures on how to disrupt a market with much larger incumbents. He also sits in various Fintech Associations as an Exco Member and has advised government bodies in Blockchain and Fintech promotion. He has a Master’s Degree from Imperial College and has completed a Quantitative Finance program at Stanford University.

LinkedIn Profile

Chief Marketing Officer – Kim, K.W. Mak

Kim, K.W. Mak has over 20 years’ digital marketing and credit card industry experience. He recently partnered with one of the largest digital asset platforms to promote ICO and token trading. Before that, he worked as Head of Business Development and Head of Account Management at a Nasdaq-listed digital marketing company. He started his career in American Express.

LinkedIn Profile

Chief Product Officer – Jonathan, Y.T. Lee

Jonathan, Y.T. Lee is a senior professional with 15 years’ experience in cross border payments, FX and digital wallet design. Specialising in merchant development in Greater China and the US, Mr Lee masterminded one of the largest loyalty co-brand cards in Asia. He worked in American Express and Mastercard, as well as at a large digital payment company. He graduated from London School of Economics.

LinkedIn Profile

Chief Technology Officer – William, C.Y. Chan

William, C.Y. Chan built his almost 20-year career on the development of innovative solutions in the commerce and payments arena. He started his career as a Java card developer to build and architect secure mobile solutions for banking and stock trading applications. He has been active in enabling commerce in emerging technologies, which leverages his payment expertise in the  following areas:

- Security and cryptography

- Java programming and QR

- Mobile Payment Solutions

- Tokenisation, digitisation, provisioning, identity and authentication

- Push payments, Person-to-Person, remittances, disbursementsCY has 2 US patents and a PhD.

LinkedIn Profile

Chief Digital Officer – Brian, C.W. Tse

Brian, C.W. Tse has 10 years of digital marketing and e-business banking industry experience. His solid knowledge in digital strategy comes from a decade of specialisation in O2O digitalisation and digital advertising in Asia. He previously worked as Lead of Account Management in a Nasdaq listed digital marketing company and started his career in Citibank.

LinkedIn Profile

Chief Financial Officer - K.S. Chung

K. S. Chung has more than 20 years of extensive experience in financial strategy and planning, corporate finance and investment, and corporate governance. He previously held managerial position and played leadership role in Fortune 500 Companies, including PPG Industries and TravelPort of Blackstone Group. Most recently, he was a VP-Finance of Blue Ocean Pay and CFO of Edko Films Limited and Broadway Group of Companies. He received his BSc (Hons) from the University of Ulster, and an Executive MBA from the Chinese University of HK. He is a fellow member of the HKICPA and a member of the AICPA.

linkedin profile

Board of Advisors

Yuen Wong

Yuen Wong is the Co-Founder & CEO of Galaxy eSolutions. His company successfully completed the first ICO in HK in the area of sharing and circular economies. He has strong e-commerce sense and entrepreneurial initiative, which gives him the ability to make businesses operate successfully in global consumer markets. His expertise lies in entrepreneurship, business development and e-commerce specialist areas.

Dominic Wu

Dominic Wu is the Managing Director and CRO for Bank Of New York Mellon. Over his career of more than 20 years, he has held senior executive positions in Risk, Finance and Operations across Investment banking, Transaction banking and the Trust business. In addition, he is the Chairman for Asia Financial Risk Management Think Tank, Chairman of the Asia Chapter at the Institute of Operational Risk and Principal of TGE Beijing Global Research Institute. He sits on the Advisory Board of Hong Kong University of Science and Technology and Hong Kong Federation of Business Students.


Joe Ngoi

Joe Ngoi has co-founded and invested in various IT companies in the past 20 years, operating in markets ranging from enterprise to consumer services, including online advertising, event ticketing, travel, and niche information resources. His companies’ own global websites and mobile apps that have clocked over 2 billion user views, and have also been early adopters of blockchain technologies and cryptocurrencies since 2013. Joe formerly worked at KPMG Consulting and graduated from Imperial College London with First Class Honours. He currently sits on the boards of various start-ups and growth-stage companies.

Rajesh Sabari

Rajesh Sabari currently drives strategic partnerships and business development for Mastercard Advisors in APAC and has collaborated with a wide range of financial services companies, fund managers, private equity firms, media companies, e-commerce retailers, AI & Machine learning firms and government agencies to transform Mastercard's massive worldwide payments network in to actionable business insights. Previously, Rajesh acted as a trusted advisor to various communication services providers and media companies across multiple continents in various leading multinationals, such as Singtel, Amdocs and Syniverse. Rajesh was responsible for building three companies from scratch to become multi-recurring revenue generators based in Japan. Rajesh holds a MBA (High Honours, Distinction) from Chicago Booth University and B.Eng (Hons) from the National University of Singapore. He is also a CFA charter holder.


Why you should buy GBO?

Token Sales

Token Distribution Overview

Token Symbol: GBO

Total Token Supply: 1,000,000,000 GBO

Hard Cap: $50M

Token price: 1 ETH buys 5000 GBO

Minimum Purchase: 0.1 ETH

Accepting: Ethereum (ETH)

ERC20 Token: Yes
Individual Cap: None

Escrow of funds: Funds secured in multi-signature escrow account

Countries Allowed: As determined in the sole discretion of Gabro tech PTE

Bonus structure
5 ETH or more = 10% bonus GBO
10 ETH or more = 15% bonus GBO
30 ETH or more = 20% bonus GBO
*Other bulk purchase and early bird offers are also available