Introduction
More than 900 billion dollars are spent on ads by various brands all over the world — businesses must promote themselves. Customers, on the other hand, need to learn about new valuable and useful products, or just cool ones. This is why ads are here for life.
CheckRewards team combines many years of marketing expertise with ML technologies and growing market trends to create an advertising web3 ecosystem that is profitable for businesses and engaging for customers.
We strive to build an advertising win-win world, where customers are suggested relevant products at the right time. They also get passive income for any interaction with ads. The advertisers, in this case, spend their budgets securely knowing that their messages are sent to their target clients.
CheckRewards team combines many years of marketing expertise with ML technologies and growing market trends to create an advertising web3 ecosystem that is profitable for businesses and engaging for customers.
We strive to build an advertising win-win world, where customers are suggested relevant products at the right time. They also get passive income for any interaction with ads. The advertisers, in this case, spend their budgets securely knowing that their messages are sent to their target clients.
Last updated on 04/11/2024
Market overview
We build CheckRewards at the crossroads of three evolving systems: the ad market, the crypto market, and Telegram mini apps.
According to the forecast , in 2025 the global ad market will increase by 6,8%, exceeding a trillion dollars, and will continue to grow.
According to the State of Crypto 2024 report, 614 million people own cryptocurrency and 5-10% of them use it actively. There is no doubt that the industry will make every effort to involve clients. New ecosystems and ways to use coins, which are just kept in portfolios now, will appear.
The third developing system which is gaining momentum is the Telegram mini apps. In the year 2024, 130 million people use mini apps each month, and, according to calculations based on the statistics, this number will grow to 370 million in 2026.
Ads in Telegram mini apps allow businesses to communicate with their audience in new interactive formats. Games, quests, and quizzes turn interaction with ads into an exciting experience and increase user loyalty, enhancing interest in the brand. The customers get relevant suggestions and discounts, being involved in rewarding promotions without leaving a familiar messenger.
For us, such kind of advertisement communication is organic and convenient. That is why we created the CheckRewards ecosystem.
According to the forecast , in 2025 the global ad market will increase by 6,8%, exceeding a trillion dollars, and will continue to grow.
According to the State of Crypto 2024 report, 614 million people own cryptocurrency and 5-10% of them use it actively. There is no doubt that the industry will make every effort to involve clients. New ecosystems and ways to use coins, which are just kept in portfolios now, will appear.
The third developing system which is gaining momentum is the Telegram mini apps. In the year 2024, 130 million people use mini apps each month, and, according to calculations based on the statistics, this number will grow to 370 million in 2026.
Ads in Telegram mini apps allow businesses to communicate with their audience in new interactive formats. Games, quests, and quizzes turn interaction with ads into an exciting experience and increase user loyalty, enhancing interest in the brand. The customers get relevant suggestions and discounts, being involved in rewarding promotions without leaving a familiar messenger.
For us, such kind of advertisement communication is organic and convenient. That is why we created the CheckRewards ecosystem.
Last updated on 04/11/2024
Ecosystem overview
We are creating a balanced, Telegram-based mini app ecosystem for entertainment, smart shopping, and earning additional income through everyday actions.
The system is based on its own token which is supported by fiat marketing budgets of advertisers who are ready to buy our apps' customers' attention.
The system is based on its own token which is supported by fiat marketing budgets of advertisers who are ready to buy our apps' customers' attention.
Last updated on 04/11/2024
All mini apps of the ecosystem allow you to operate with internal tokens:
CheckRewards ScanCity — is a game on the real city map where the players scan their receipts
CheckRewards PurchaseID — is an app for manual recognition of products on other customers' receipts
CheckRewards CashBack — is a cashback service
CheckRewards Battles — is a game where users compete with each other
CheckRewards TaskLink — is an app where the users get rewards for doing various tasks
CheckRewards TokenKeep — is a service to keep gems and tokens
- earn money by performing game actions, or in the form of cashback for everyday purchases
- get tokens from other participants of the battles, or by completing their tasks
- spend on in-app purchases and create your own NFTs
CheckRewards ScanCity — is a game on the real city map where the players scan their receipts
CheckRewards PurchaseID — is an app for manual recognition of products on other customers' receipts
CheckRewards CashBack — is a cashback service
CheckRewards Battles — is a game where users compete with each other
CheckRewards TaskLink — is an app where the users get rewards for doing various tasks
CheckRewards TokenKeep — is a service to keep gems and tokens
Game
The CheckRewards Game is made at the crossroads of the internet and reality.
The users explore real city maps in the game, scan their real receipts, complete real tasks and get rewards for it.
The users explore real city maps in the game, scan their real receipts, complete real tasks and get rewards for it.
Last updated on 04/11/2024
Technology
CheckRewards is a system of Telegram-based mini apps which are united by a system of unified balances. Apps and mechanics interconnection creates a holistic and motivating user environment.
The receipt recognition system is one of the key, complex, and resource-intensive components of the ecosystem. It is designed for quick and precise processing and classification of real purchase receipts. The technology includes algorithms of text recognition and purchase data processing. This allows us to integrate the receipts into users' profiles within 3 seconds and create an array of user behaviour anonymized data.
Parallel work with data, as much as preprocessing and postprocessing mechanism modernization, allows us to maintain a high rate and precision of analysis.
We've developed a multi-level classification and preprocessing system of image processing which uses our own ML models. The main model has algorithms that ensure receipt classification precision up to 98.9%. During the process of creating the cascade of models, up to 30 people participated in the labelling of datasets, and a training sample of more than 10,000 images was used.
We create our own token based on TON, which allows us to ensure decentralisation and long-term sustainability of the system, creating a seamless transition to crypto transactions in a Web-3 environment and Telegram.
The receipt recognition system is one of the key, complex, and resource-intensive components of the ecosystem. It is designed for quick and precise processing and classification of real purchase receipts. The technology includes algorithms of text recognition and purchase data processing. This allows us to integrate the receipts into users' profiles within 3 seconds and create an array of user behaviour anonymized data.
Parallel work with data, as much as preprocessing and postprocessing mechanism modernization, allows us to maintain a high rate and precision of analysis.
We've developed a multi-level classification and preprocessing system of image processing which uses our own ML models. The main model has algorithms that ensure receipt classification precision up to 98.9%. During the process of creating the cascade of models, up to 30 people participated in the labelling of datasets, and a training sample of more than 10,000 images was used.
We create our own token based on TON, which allows us to ensure decentralisation and long-term sustainability of the system, creating a seamless transition to crypto transactions in a Web-3 environment and Telegram.
Last updated on 04/11/2024
Tokenomics
Token
The ecosystem's main coin, supported by marketing activity and strategies of partners. It is an essential element of the ecosystem's stable development, which is connected to investments and financial operations.
CheckRewards ecosystem token has three main characteristics:
Users can buy tokens in the CheckRewards TokenKeep app with real money or exchange existing gems for the token. Here, users use tokens for coin staking, which allows them to earn income and other benefits from holding tokens for a certain period of time.
Unlike the gems which exist in the CheckRewards ecosystem only, tokens can be withdrawn from the ecosystem to external stocks or platforms.
Tokens can be used for investment, obtaining rare items, participation in exclusive activities related to the ecosystem, and coin staking which brings additional rewards to the users.
CheckRewards ecosystem token has three main characteristics:
- its fixed market value, which is defined by supply and demand, and is also supported by ecosystem partners and their marketing budgets;
- the ecosystem participants can convert tokens to gems and vice versa (exchange earned or bought gems for tokens);
- The token is used in the ecosystem to maintain long-term stability and support the economic model based on partner programs and budgets.
Users can buy tokens in the CheckRewards TokenKeep app with real money or exchange existing gems for the token. Here, users use tokens for coin staking, which allows them to earn income and other benefits from holding tokens for a certain period of time.
Unlike the gems which exist in the CheckRewards ecosystem only, tokens can be withdrawn from the ecosystem to external stocks or platforms.
Tokens can be used for investment, obtaining rare items, participation in exclusive activities related to the ecosystem, and coin staking which brings additional rewards to the users.
Last updated on 04/11/2024
Gems
Convertible intermediate currency which allows its holder to operate in the entire CheckRewards ecosystem. It interconnects all the apps and is a proxy resource for owning the token, therefore it is gems that allow users to participate in the project's future airdrops.
Conversion of gems into tokens and vice versa will be available at some point within the CheckRewards TokenKeep app. There, the user will be able to buy gems with real money or tokens, creating a reversed cycle of gem movement.
There are a few ways to obtain the gems:
Gems can be used for in-app purchases such as character boosts, level upgrades, hints, etc., as well as for interactions with other users through in-game transactions. For instance, gamers can earn gems from others in the Battles app or by completing tasks in the CheckRewards Tasks app.
Conversion of gems into tokens and vice versa will be available at some point within the CheckRewards TokenKeep app. There, the user will be able to buy gems with real money or tokens, creating a reversed cycle of gem movement.
There are a few ways to obtain the gems:
- Earn by doing tasks and using the ecosystem apps actively.
- Buy with real money or other supported cryptocurrencies.
- Exchange with other users via game mechanics or use them in the internal ecosystem trading.
- Convert into the token and vice versa.
Gems can be used for in-app purchases such as character boosts, level upgrades, hints, etc., as well as for interactions with other users through in-game transactions. For instance, gamers can earn gems from others in the Battles app or by completing tasks in the CheckRewards Tasks app.
Last updated on 04/11/2024
Interaction of gems and tokens
Gems circulate within most apps, supporting the in-game economy. They can be earned, exchanged, and spent, but the full-fledged conversion into tokens is only possible in the CheckRewards TokenKeep app.
Tokens are majorly used for financial operations, investment, and coin staking. They can also be converted back to gems in order to continue activities in other ecosystem apps.
Tokens are majorly used for financial operations, investment, and coin staking. They can also be converted back to gems in order to continue activities in other ecosystem apps.
Last updated on 04/11/2024
DAO Governance
Our goal is to constantly increase benefits and decentralise the token. To achieve this, we use voting. The voting net protocol is managed by [TON Network] in accordance with the wallet balances obtained via [TON Wallet]. The more tokens the user has, the greater their voting power is.
Via decentralised governance, the token holders will be able to vote on issues such as token reserve distribution, grants for developers, user rewards activation, and changes in token supply.
Through decentralised governance, token holders will be able to vote on issues such as token reserve distribution, grants for developers, activation of user rewards, and changes in token supply. If necessary, additional proposal categories will be added through a decentralised governance process. Only owners of a certain number of tokens can submit proposals for voting - the specific number will be determined later.
All the decisions that are successfully made will be fulfilled accordingly and within the shortest possible time frame, restricted by commercial and technological conditions of implementation.
The Reserve Fund is a separate part that can propose beneficial actions for the ecosystem and serve as a mediator in choosing proposals for voting.
Via decentralised governance, the token holders will be able to vote on issues such as token reserve distribution, grants for developers, user rewards activation, and changes in token supply.
Through decentralised governance, token holders will be able to vote on issues such as token reserve distribution, grants for developers, activation of user rewards, and changes in token supply. If necessary, additional proposal categories will be added through a decentralised governance process. Only owners of a certain number of tokens can submit proposals for voting - the specific number will be determined later.
All the decisions that are successfully made will be fulfilled accordingly and within the shortest possible time frame, restricted by commercial and technological conditions of implementation.
The Reserve Fund is a separate part that can propose beneficial actions for the ecosystem and serve as a mediator in choosing proposals for voting.
Last updated on 04/11/2024
Marketing
We focus on partnerships with DAO, individual ambassadors, and influencers, and also on collaborations with other projects in the same field.
Last updated on 04/11/2024
User acquisition and сommunity
The main goal of marketing is to create an active and involved community about the game. This is why we carefully select our promotional channels.
Three main ones are influence marketing, referral program, and cross-marketing with similar projects. To distribute profits among active participants fairly, we put a lot of effort into filtering out bots. Useful content materials will help the gamers adapt after the game launch quickly and turn their collected coins into passive income.
Three main ones are influence marketing, referral program, and cross-marketing with similar projects. To distribute profits among active participants fairly, we put a lot of effort into filtering out bots. Useful content materials will help the gamers adapt after the game launch quickly and turn their collected coins into passive income.
Last updated on 04/11/2024
Q4 2024
- Advertising campaign start
- The launch of the CheckRewards ScanCity game
Roadmap
Last updated on 04/11/2024
Q1 2025
- The launch of the PurchaseID, Battles, TokenKeep apps
Q2 2025
- The launch of advertisement platform for brands
- The launch of the CashBack app
- The launch of the new apps with the possibility of using gems beneficially
- The launch of the Brands Battle app
- Ecosystem development and increase of token turnover
- The big update of the game, focusing on interactivity and gamers interplay
Q1 2026
Q3 2025
- The launch of new advertising mechanics which allow brands to place ads more effectively and users to earn more gems
- The launch of the Classified TaskLink service
Q4 2025
- Big Airdrop
- Listing
- Even more apps with the possibility of using gems beneficially
Legal Disclaimers
Last updated on 01/12/2024
Not an Investment Offer or Financial Advice
The information provided in this document is for informational purposes only and does not constitute an investment offer, financial advice, or a legally binding agreement between you and CheckRewards FZ-LLC. This document is not an offer, invitation, or recommendation to buy, sell, exchange, or hold Tokens, Crystals, Coins, or any other financial instruments.
No Predictions Regarding the Future
This document does not contain any "forward-looking statements" as defined under applicable securities laws. All references to potential future events, scenarios, or other speculative content are provided solely for illustrative purposes and should not be construed as guarantees or forecasts. You should not rely on such statements, which reflect the opinion of CheckRewards FZ-LLC as of the publication date.
Compliance with Applicable Laws
The sale of Tokens, distribution of Tokens, and other aspects of the CheckRewards ecosystem may be subject to local laws and regulations. You are responsible for determining the legal status of CheckRewards and its offerings in your jurisdiction, as well as for complying with all applicable laws and regulations.
Limitation of Liability
By accessing and using this document, you acknowledge and agree to the terms outlined herein, and you accept full responsibility for all risks associated with the use of the information contained in this document. CheckRewards FZ-LLC disclaims any liability for damages, losses, or inconvenience of any kind, whether direct or indirect, arising from or in connection with the use of or reliance on the information contained in this document.
No Offer to Sell
This document, along with all materials published on our website and within the CheckRewards ecosystem, does not constitute an offer to sell Tokens, Crystals, or Coins. All materials are provided for educational and informational purposes only and should not be interpreted as a basis for making any decisions regarding the purchase, sale, or exchange of Tokens or any other assets.
CheckRewards FZ-LLC makes no guarantees that Tokens, Crystals, or Coins will have any particular value or can be converted into cash. All digital assets provided within the ecosystem are offered "as is" and "as available," and we bear no responsibility for their performance, value, or price.
CheckRewards FZ-LLC makes no guarantees that Tokens, Crystals, or Coins will have any particular value or can be converted into cash. All digital assets provided within the ecosystem are offered "as is" and "as available," and we bear no responsibility for their performance, value, or price.
We make no warranties regarding the security, stability, or performance of Tokens, Crystals, or any other component of the CheckRewards ecosystem. You acknowledge that the use of blockchain technologies and cryptocurrencies entails specific risks, including, but not limited to, technical failures, blockchain attacks, data loss, and other potentially adverse effects.
Risks Related to the Use of Tokens and Crystals
The CheckRewards project operates on blockchain technology, and like any technology, it is subject to risks such as software vulnerabilities, attacks, technical failures, or coding errors. Despite our efforts to ensure security, we cannot guarantee the absence of such risks.
Tokens, Crystals, and Coins may lose their value or become non-transferable. The cryptocurrency and blockchain markets remain highly volatile, and we do not control their price or market behavior.
Tokens, Crystals, and Coins may lose their value or become non-transferable. The cryptocurrency and blockchain markets remain highly volatile, and we do not control their price or market behavior.
Risks Associated with Tokens, Crystals, and Blockchain Technology
Tokens, Crystals, and Coins are not investment instruments and should not be regarded as such. We do not make any promises or guarantees regarding the future value, liquidity, or profitability of Tokens, nor do we offer any assurances about their price or performance. All investments or activities involving these assets are undertaken at your own risk.
No Guarantee of Returns
CheckRewards' activities may be subject to various laws and regulations in the jurisdictions where we operate or plan to operate. We may be required to obtain specific licenses or permits in certain jurisdictions where we intend to conduct our business. Changes in laws or new regulations could affect our ability to operate in certain jurisdictions or increase compliance costs. You are responsible for ensuring that you comply with all applicable laws in your jurisdiction.
Risks Related to Legal Uncertainty
CheckRewards FZ-LLC is not liable for any damages or losses that may arise from the use of Tokens, Crystals, or other digital assets within the CheckRewards ecosystem. All actions involving these assets are taken at your own risk.
No Liability for Losses
Indemnity and Limitation of Liability
To the fullest extent permitted by applicable law, you agree to indemnify, defend, and hold harmless CheckRewards FZ-LLC and its employees, directors, agents, consultants, and contractors from any and all claims, losses, damages, liabilities, or expenses (including reasonable attorneys' fees) arising out of or in connection with (i) any false representation or warranty made by you, or (ii) any breach by you of your obligations or covenants in connection with the Tokens or Crystals.
CheckRewards FZ-LLC and its employees, directors, agents, and contractors will not be liable for any direct, indirect, special, punitive, incidental, or consequential damages or losses of any kind, nor for loss of goodwill, profits (including expected), data, value, or business interruption, arising out of or in connection with the use of the Tokens, Crystals, or any other assets in the CheckRewards ecosystem.
CheckRewards FZ-LLC and its employees, directors, agents, and contractors will not be liable for any direct, indirect, special, punitive, incidental, or consequential damages or losses of any kind, nor for loss of goodwill, profits (including expected), data, value, or business interruption, arising out of or in connection with the use of the Tokens, Crystals, or any other assets in the CheckRewards ecosystem.