ToucanWin Rewards
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Date of Foundation
2022

ToucanWin Rewards

Interactive Reward-Based Adventure Platform

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The Idea origin story

ToucanWin Rewards aims to revolutionise loyalty programs by giving life-changing rewards and a source of passive income. Instead of unutilised points, our users earn Bid Tokens from scanned receipts, small pledges, and social referrals. By leveraging skill-based, crowdfunded auctions, users bid their tokens to win enticing prizes. But the rewards don’t stop there. With our Amplify Rewards profit-sharing system, users not only win prizes but also cultivate a sustainable income stream by expanding the community in a transparent and compliant way.

The Mission

Vision: To revolutionize rewards by turning loyalty into adventure and shared wealth. Mission: Empower users to win, earn, and share through skill-based auctions and profit-sharing.

Clients

Our customers are savvy, mobile-first users—loyalty app members, deal seekers, side hustlers, and micro-influencers—seeking fun, fair ways to win prizes and earn passive income.

Problems we solve

Client’s problem

ToucanWin solves the frustration of slow, low-value loyalty rewards and risky auction models. It transforms unused points and small pledges into real chances to win premium prizes and earn passive income. Users escape boring point systems and predatory auctions with a fair, skill-based platform that rewards loyalty, referrals, and participation.

Confirmation of problem

The problem is serious because over \$300B in loyalty points go unused, and consumers are stuck with boring rewards or risky auctions that offer little value, fairness, or financial upside.

Solution

The solution lies in our platform, which changes the game by turning unused points or small pledges into real opportunities to win high-end prizes and generate passive income. Users can escape tiresome point systems and exploitative auctions with a system that fairly rewards not only

Our technologies

This solution is based on technologies

Mobile app development, blockchain for tokenization, AI for recommendation and data analysis.

How it works

Users convert loyalty points or pledges into Bid Tokens, join skill-based auctions, and earn monthly profit shares through referrals with the Amplify Rewards™ pool system.

Value for the client

ToucanWin turns everyday loyalty into thrilling wins and steady income, transforming underutilised points into tangible rewards and financial gain.

Market and strategy

Market size

843

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

7

% of the market

Is our goal in the next 3 years

Team

My name’s

Don Fiechter

My key role in the product

My key role is the Founder and I'm responsible for driving the overall vision, strategy, as well as ensuring sustainable growth.

Team size and key members

Our CTO, Dustin Taylor, boasts an impressive 19+ year track record in software, fintech and systems engineering. As the technological cornerstone at ToucanWin, he spearheads the creation of secure auction platforms, reward programs and digital wallet systems that not only empower our users but also foster community growth.

Competitors

Competitors

ToucanWin is competing against services like DealDash, known for high-risk auctions; Fetch and Swagbucks, which offer lower-value rewards, and live auction site Whatnot. Our unique value lies in blending skill-based auctions with point conversion and passive income via referrals.

Our Advantages

ToucanWin offers unique skill-based, risk-free auctions with a twist. Users reap the benefits of premium rewards, points conversion, and profit-sharing referrals - blending gaming and loyalty for a financially empowering experience unmatched in the market.

Business model

We earn from Bid Token sales, auction pledge fees, loyalty point conversion fees, and Amplify Rewards pool buy-ins. Clients pay to join auctions, convert points, and access premium rewards.

Traction

Over the past 6 months, we've developed a robust MVP in-house featuring an auction engine, loyalty point conversion, and a wallet system. Now fully functional with an optimized user interface and backend systems prepared for scaling up, it's ready for closed group testing.

Before our funds deplete, we aim to hit public launch with an active user base of over 50K, run numerous auctions, broaden loyalty point integration, implement the Amplify Rewards™ system fully, achieve recurring revenue and establish vital partnerships for growth and profitability.

Metrics

We monitor metrics like user sign-ups, referral growth, token sales and auction involvement. We've seen consistent pre-launch increase in registrations and referrals with 1500 users already signed up. Referral-driven progress is solidly upwards while beta auctions have over 70% participation rate.

We project a robust financial trajectory with $28M in revenue for Year 1, scaling to an impressive $20.9B by Year 5. Our high gross margins surpassing 90% are a result of our digital model's efficiencies. Revenue hinges on Bid token sales and auction pledges, bolstered by viral growth.

Incorporation

Our company incorporated in

Wyoming

Key risks

Our primary risks include user adoption issues, potential regulatory changes in the reward and auction industry, competition from other loyalty programs, and cybersecurity threats.

Investments

$

1300000

We raised investments

Our Investors

A few investor types who will retain about 20%

Rising Investments

$

5

Currently, we are raising investments

$

20000000

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Open positions

Article

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Additional information

ToucanWin Rewards is a novel fusion of loyalty, gaming and fintech. We allow users to gain premium prizes, transform points into value and generate passive income. Our community-centric platform stands on our Amplify Rewards™ model that fosters user wealth creation.

ToucanWin Rewards
MVP
Date of Foundation
2022