PlayThink and Loyalty Marketing Announce Plans for Web3 Ecosystem for 100M Japanese Users on Avalanche
Japanese enterprise Loyalty Marketing will partner with blockchain services provider PlayThink to bring Loyalty Marketing’s popular loyalty rewards program, “Ponta”, on chain by the end of 2023 using Avalanche’s novel Subnet infrastructure. The Subnet aims to provide Web3 services to Loyalty Marketing’s approximately 100 million user accounts, including mass scale issuance and distribution of digital collectibles like NFTs.
PlayThink and Loyalty Marketing chose Avalanche and its Subnet infrastructure because they valued having EVM (Ethereum Virtual Machine) smart contract compatibility while also being able to leverage Avalanche’s ultra-fast time-to-finality. Subnets are also highly customizable, allowing Playthink and Loyalty Marketing to tailor-make a high speed blockchain for a multitude of services to hundreds of millions of users.
“The need for a world-class smart contracts platform was the deciding factor in our decision to use Avalanche for the deployment of our large-scale, multifunctional Web3 service,” said Tsuyoshi Hasegawa, Chief Executive Officer, Loyalty Marketing. “We also expect that Ava Labs' advanced technology and know-how will enable Loyalty Marketing and Playthink to deliver great new Web3 services in the future.”
“We thought Avalanche was the best solution in terms of both scalability and reliability for our efforts to reach a user base of over 100 million, which is unprecedented in the Web3 world,” said Junji Oshita, Chief Executive Officer, Playthink. “The AvaLabs AvaCloud service for enterprise companies was also a deciding factor in our decision to adopt Avalanche.”
By building on Avalanche, users of the PlayThink and Loyalty Marketing Subnet should expect to have near-instant finality, and an isolated infrastructure environment that ensures it can consistently deliver services without worrying about other applications consuming shared resources.
“PlayThink and Loyalty Marketing have a clear plan for using blockchain to not only enhance existing services for users, but explore entirely new programs that are only possible with Web3 technology at their core,” said John Nahas, Vice President of Business Development at Ava Labs. “I’m proud to welcome them to the Avalanche community, and expand the impact Avalanche is having in Japan.”
The new Subnet plans to deliver a seamless on-boarding experience suitable for mass adoption. Users do not have to acquire digital assets to participate in the expanded rewards experience built around NFT-based games, offers, and collectibles.
At launch, the Ponta Subnet will be operated as a consortium model, whereby PlayThink and Loyalty Marketing act as the primary validators of the Subnet’s activity. Playthink and Loyalty Marketing have partnered with Ava Labs to launch the Subnet through its AvaCloud services division, which is a managed blockchain service enabling teams to rapidly build, deploy, and scale decentralized networks for any use case.
Avalanche is a smart contracts platform built to scale infinitely and finalize transactions in under a second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable businesses to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for both Web3 devs and businesses.
About Ava Labs
Ava Labs makes it simple to deploy high-performance solutions for Web3, led by innovations on Avalanche. The company was founded by Cornell computer scientists, who partnered with Wall Street veterans and early Web3 leaders to execute a promising vision for redefining the way people build and use open, permissionless networks. Ava Labs is redefining the way people create value with Web3.
About Loyalty Marketing, Inc.
Loyalty Marketing, Inc. operates the multi-partner point program "Ponta" and provides marketing services to over 100 million members. Under the corporate philosophy of "contributing to developing a lean consumer society," the company elicits information of real value from vast amounts of data, and provides marketing support aimed at creating a more efficient consumer society.
About Playthink, Inc.
Playthink, Inc. is a startup focused on social implementations of Web3 and blockchain technology, including customized NFT wallets and distribution tools, as well as unique proprietary blockchains.