Participated · Seed · Jul 2022

qiibee is a blockchain-based B2B rewards marketplace headquartered in Zug, Switzerland. Founded by brothers Gabriele and Gianluca Giancola, the platform offers instant access to brands, thousands of rewards, crypto, NFTs and millions of new members. Loyalty programs that connect with qiibee benefit from partner integration, no reconciliation costs, increased security and improved customer engagement and new member acquisition. In 2021 the company launched its first connection between different loyalty programs with Swiss watchmaker Louis Erard, enabling members to exchange Louis Erard Points to Etihad Guest miles and nine cryptocurrencies. The company raised $4.8M in a seed funding round and intends to use the proceeds to grow its global team and expand into priority markets such as North America. qiibee built a decentralized loyalty platform and developer interface on Ethereum that lets brands tokenize loyalty applications and issue transferable QBX tokens. The platform aims to improve data security, lower management costs, and remove central data authorities and liabilities associated with traditional loyalty models. qiibee removes the need for brands to develop smart contracts or perform blockchain integrations by providing the infrastructure for tokenized loyalty. The solution has been deployed with its first client, Lattesso, to reward customers across seven countries and allow exchange of loyalty tokens for other brand tokens, crypto, or domestic currencies. A strategic partnership with MindNow is intended to bring more retail, financial, tourism and lifestyle brands onto the platform. Financially, qiibee has completed a seed financing and recently raised additional capital through a token sale.