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Perk Labs is the owner of Perk Hero, a digital commerce platform that empowers business owners by giving them the tools to provide their customers with digital experiences that are more engaging, convenient and rewarding.
The platform features contactless QR code ordering, Shopify integration, payments using Apple Pay, Google Pay, Alipay and BitPay, and a gamified digital loyalty program.
Perk Labs is building a crypto reward program on the Solana blockchain protocol to bring cryptocurrency to mainstream consumers by rewarding them for purchases made online and in brick & mortar establishments.
November 30.
The common shares of Perk Labs trade under the symbol PERK on the Canadian Securities Exchange, under PKLBF on the OTCQB and under PKLB on the Frankfurt Exchange.
Please refer to the British Columbia Securities Commission’s Continuous Disclosure Filing Calendar to see the filing due dates by quarter for our annual and interim financial statements and MD&A. Perk Labs is a “Venture Issuer”.
Perk Labs is focused on growing licensing and software-as-a-service (SaaS) revenue through its franchising program.
Perk Hero offers franchisees the opportunity to purchase the rights to an exclusive territory through a five-year franchise agreement, with the initial fee ranging from $25,000 for a small territory to $35,000 for a larger territory. In turn, franchisees have the right to sign-up local businesses to Perk Hero’s all-in-one ordering, payments and digital rewards solution at a standard monthly subscription price of $99/month. Franchisees earn 70% of the SaaS revenue from each business they sign up, with the Company receiving a 30% royalty fee.
Perk Labs is building a crypto loyalty reward program to bring cryptocurrency to mainstream consumers by rewarding them for everyday purchases made online and in brick & mortar establishments. By building a loyalty program on blockchain, we’re creating a loyalty rewards system that offers value independent of the loyalty program. Perk Labs intends to use blockchain-based ‘smart contracts’ that are automated and thus don’t allow for the cancellation or devaluation of a customer’s rewards once they’ve earned them. That provides customers with the confidence that is missing from many loyalty programs.
Perk Labs is currently working on digital wallet development, microservice API development, testing and deploying Perk’s crypto reward on the Solana mainnet. In connection with the development of its crypto rewards, Perk is incorporating new compliance tools and procedures and is working with a leading German Fintech design firm to update its mobile app and website with a state-of-the-art user interface to include additional reward features and game design elements. Subject to any unforeseen changes, Perk Labs estimates that its crypto rewards will be ready for deployment to the Solana mainnet by mid-January 2022.
Perk Labs plans include initially scaling up the crypto loyalty rewards system in the Perk Hero mobile and web apps and then exposing the platform to third-party developers to allow them to integrate Perk’s crypto rewards into their applications.