Tegger Network to Join Props
Replacing traditional loyalty points with Props Tokens on 7 current Tegger partner sites
Tegger, a loyalty provider rewarding users for valuable content consumption, today announced that it will migrate its growing network of sites to use Props as its loyalty currency.
Tegger currently supports 7 publishers, including Cultura Colectiva, Latin America’s leading digital content site. Tegger is expanding its network of apps, which moving forward, will all adopt Props.
Tegger will provide benefits to its users who hold Props, across its network of publishers. Users on the Tegger network will also be able to trade in their Props for rewards on Tegger’s marketplace. Tegger will burn a portion of any user redeemed Props.
Tegger is the first Props partner in Latin America, where adoption of cryptocurrencies is growing dramatically. Tegger is expected to be the fifth application to launch Props, following YouNow, Paltalk, Camfrog and Listia.
“Replacing our traditional loyalty points with the Props crypto asset, enables us to turbo-charge our offering with partner sites and end-users. Users’ ability to effectively turn the value of their online participation into a financial asset is a game changer for our service and the entire Latin American digital content space. Not only are all our current partner sites switching to Props, but additional sites we are adding to the network see the Props story as a motivator to joining the network” said Renato Carregha, Tegger’s Founder and CEO
Adi Sideman, Co-Founder of the Props Public Benefit Corporation added, “Tegger’s adoption of Props is unique in two main ways: First, Tegger’s model is to propagate Props amongst as many 3rd party sites as possible. This compounds Props growth efforts. Second, Tegger’s no-code product will showcase Props ‘light integration’ into apps, which may prove to further accelerate adoption across online businesses.”
Using/Earning Props in the Tegger Network
Currently, Tegger allows users to be compensated for their data by collecting points that can be redeemed within the Tegger marketplace. Upon Tegger’s Props launch, users that hold Props will be able to access unique and exclusive redemption options in the Tegger marketplace and up-level in Tegger’s gamification system to earn more rewards for their valuable content consumption activities. Users earning and holding Props benefit from discounts, the ability to acquire products, and services, and exclusive discounts with partners such as Uber, Didi, and Rappi, among others, multipliers on Props earnings, and further bonus earnings for completing surveys and tasks. As a user’s Props earnings grow, they gain access to better rewards.
Tegger is expected to fully migrate to Props in the weeks ahead.
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