Insomnia Labs

🙌 We're thrilled to announce the launch of Loyalty+ - an innovative new loyalty program spearheaded by Insomnia Labs.   Tackling one of the big challenges in loyalty, Loyalty+ leverages blockchain to create interconnected reward ecosystems across traditional barriers. Powered by strategic partners like Co:Create, Crossmint, Cookie3 and Smart Token Labs, Loyalty+ provides a seamless experience for both businesses and customers.   ✨ LOYALTY+ HIGHLIGHTS:   ✅Leverages blockchain to enable universal redemption across brands ✅Partnership with Co:Create will power customized loyalty flows ✅Crossmint facilitates payments at global scale ✅Cookie3 drives insights through robust data analytics ✅Smart Token Labs connects web2 and web3 data streams   Through this pioneering initiative, Loyalty+ aims to:   🎯Transform legacy programs into interconnected reward ecosystems 🎯Maximize underutilized loyalty potential for customer lifetime value 🎯Deliver seamless experiences that benefit both businesses and users   WHY IT MATTERS? Outdated loyalty structures leave opportunity on the table. By tackling friction points, Loyalty+ will revolutionize the space.   WHAT’S IN IT FOR YOU? Businesses can explore tailored solutions maximizing rewards impact. Individuals gain flexibility to accrue value universally.   We're excited by Loyalty+'s collaborative approach combining expertise. Revolution starts through innovation - keep an eye out as we usher in a new era of loyalty experience. Exciting things ahead!🚀 📰READ MORE ➡️ https://lnkd.in/dVC6DFKZ   #InsomniaLabs #InsomniaLabsPartnership #LoyaltyPlus

Exciting times ahead! 🚀 Wishing all applicants the best of luck in the Celo Foundation tokenomics accelerator track, may the 12 weeks of mentorship bring innovative ideas to life! #CeloFoundation #Tokenomics #AcceleratorTrack #Innovation

Imagine owning a piece of the The St. Regis Aspen Resort for just $1. Sound impossible? Welcome to the world of tokenized real estate. → Tokenization is Revolutionizing Investment in Real Estate: • Directive Tokenization: #Tokenization of what you’re able to do with an asset, not just the direct ownership. • Accessibility: Invest in real estate value through direct tokenization • Liquidity: Access debt, market making, and #tradfi markets • Transparency: #Blockchain technology enables audibility and transparency → Projects Reshaping the Market: 1️⃣- St. Regis Aspen Resort (Tezos blockchain) ► $1 per token ► $16 million raise for 4.9% equity stake ► 20% discount on 2024 room rates for token holders 2️⃣- Yieldstreet's Real Estate Offerings: ► Minimum investments typically $10,000-$25,000 ► Diverse portfolio of real estate assets ► Annual returns ranging from 7-15% (past performance) 3️⃣- RealT's 200+ Properties ► Tokens as low as $50 ► Democratizing access to real estate portfolios ► Daily rent distributions via stablecoin → Spotlight on #RealT: RealT is tokenizing residential and commercial properties, primarily in the US, to make real estate investing more accessible. Here's why: • Fractional Ownership: Allows investors to own a piece of property for as little as $50 • Global Access: Opens up US real estate market to international investors • Liquidity: Tokens can be traded on secondary markets, improving liquidity • Passive Income: Daily rent distributions paid in USDC stablecoin • Transparency: All property details and financials are publicly available on the blockchain RealT's mission is to break down barriers in traditional real estate investing, offering a new way for both accredited and non-accredited investors to build diverse property portfolios. → Why It Matters: • Boston Consulting Group (BCG) projects tokenized assets to hit $16 trillion by 2030 • 10% of the global economy on blockchain by 2030 • Opening investment accessibility and liquidity to all investors Let me know what you think below👇🏼 #RWATokenization #Tokenization #RealEstate #BlockchainInnovation #FutureOfInvesting #FutureOfFinance #FinTech #AssetManagement #RealEstateTokenization #InvestmentTrends #RealEstateRevolution

Imagine turning customer interaction into a valuable asset. That's the 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗹𝗼𝘆𝗮𝗹𝘁𝘆, and it's 𝙝𝙚𝙧𝙚. The loyalty market is projected to reach $𝟮𝟬𝟭 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 by 2022 (Beroe Inc., 2021), yet traditional programs are failing to engage customers. The loyalty landscape is 𝘣𝘳𝘰𝘬𝘦𝘯. According to Antavo Loyalty Cloud's Global Customer Loyalty Report 2024, 𝗼𝗻𝗹𝘆 𝟰𝟵.𝟴% 𝗼𝗳 𝗿𝗲𝘄𝗮𝗿𝗱𝘀 𝗮𝗿𝗲 𝗿𝗲𝗱𝗲𝗲𝗺𝗲𝗱, 𝗼𝗻 𝗮𝘃𝗲𝗿𝗮𝗴𝗲, 𝗶𝗻 𝗹𝗼𝘆𝗮𝗹𝘁𝘆 𝗽𝗿𝗼𝗴𝗿𝗮𝗺𝘀 𝘄𝗼𝗿𝗹𝗱𝘄𝗶𝗱𝗲. This statistic, confirmed by Statista, highlights a critical issue: traditional programs aren't effectively engaging customers. But there's hope on the horizon. Here's why 𝗯𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 will change things up: ⎯ 𝗨𝗻𝗹𝗼𝗰𝗸𝘀 "𝗧𝗿𝗮𝗽𝗽𝗲𝗱 𝗩𝗮𝗹𝘂𝗲": Convert dormant points into liquid assets, addressing the 50.2% of unredeemed rewards (Antavo, 2024). Creating liquid systems against your brand assets allows you to create a unique engagement experience tailored to your brand and its value chain. ⎯ 𝗕𝘂𝗶𝗹𝗱𝘀 𝗧𝗿𝘂𝘀𝘁: 79% of consumers are more likely to engage with loyalty programs that are easy to use (KPMG, 2023). ⎯ 𝗗𝗿𝗶𝘃𝗲𝘀 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗚𝗿𝗼𝘄𝘁𝗵: Companies with strong loyalty programs grow revenues 2.5x faster than competitors (Accenture, 2023). ⎯ 𝗖𝗿𝗲𝗮𝘁𝗲𝘀 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺𝘀: 76% of consumers are more likely to choose brands that offer rewards across multiple partners (Deloitte, 2023). At Insomnia Labs, we're pioneering this transformation with 𝗟𝗼𝘆𝗮𝗹𝘁𝘆+, our blockchain-powered solution designed to turn your loyalty program into a powerful growth engine. We're helping brands create interconnected reward ecosystems that maximize value for both businesses and customers. 𝘙𝘦𝘢𝘥𝘺 𝘵𝘰 𝘧𝘶𝘵𝘶𝘳𝘦-𝘱𝘳𝘰𝘰𝘧 𝘺𝘰𝘶𝘳 𝘭𝘰𝘺𝘢𝘭𝘵𝘺 𝘱𝘳𝘰𝘨𝘳𝘢𝘮? Let's connect and explore how blockchain can elevate your customer rewards strategy. 𝘚𝘰𝘶𝘳𝘤𝘦𝘴: 𝘈𝘯𝘵𝘢𝘷𝘰'𝘴 𝘎𝘭𝘰𝘣𝘢𝘭 𝘊𝘶𝘴𝘵𝘰𝘮𝘦𝘳 𝘓𝘰𝘺𝘢𝘭𝘵𝘺 𝘙𝘦𝘱𝘰𝘳𝘵 2024, 𝘚𝘵𝘢𝘵𝘪𝘴𝘵𝘢 2024, 𝘉𝘦𝘳𝘰𝘦 𝘐𝘯𝘤. 2021, 𝘒𝘗𝘔𝘎 2023, 𝘈𝘤𝘤𝘦𝘯𝘵𝘶𝘳𝘦 2023, 𝘋𝘦𝘭𝘰𝘪𝘵𝘵𝘦 2023 #BlockchainLoyalty #CustomerEngagement #FutureOfRewards #CustomerRetention #EnterpriseBlockchain #EnterpriseInnovation

Privacy VS Quality In AI❓ I've spent the week trying to build out a framework for how to leverage blockchain technology to secure user's knowledge, instructions, and data when creating AI Agents. The solution I've come to is outlined below. But... the major issue I see is a trade-off between quality and privacy. In order to create an AI agent (Or GPT), a user must provide custom information to inform/instruct the output of a LLM. This could be SOPs that took years to refine, sensitive documents that include PII of clients they have worked with in the past, or stories with a highly specific tone of voice/style; information that would be objectively sensitive for the Agent creator. In order to fix this, per the diagram below, I suggest running a rule engine that would anonymize the data. A good way to imagine this is if a chef uploaded his cookbook, the rule engine would take out instructions on how to cut specific ingredients. Before Rule Engine: Mince the onion and try to maintain a cubbed shape After Rule Engine: Cut the onion into small pieces. But then, some questions are raised, "Doesn't that make the agent less effective?" or "By removing what makes the 'difference' in a dish (Taking the chef example) doesn't that inherently make the output of the agent worse?" The only solution I can think of is to provide a temperature for privacy. Just like how we can currently provide a numeric value to a custom LLM that can stop it from outputting answers when it doesn't know the true solution, can we create a temperature for privacy via the rule engine? Allowing people to decide how anonymized they want their data. I think Blockchain and AI have a role together. BUT just like most on-chain components, it comes with a trade-off. If you read this far, let me know your thoughts, curious to know 💖

Since we started hosting conferences, registration and attendance have always been free, thanks to our amazing sponsors! Today, we are shining the spotlight on one of our #Localhostconf23 sponsors - Insomnia Labs. They are an award-winning product consulting and solutions firm dedicated to helping companies solve complex business problems with emerging technologies and automated operations. Would your team like to be part of the #LocalhostConf24 sponsors? Please reach out to us at contact@joinlocalhost.com or fill out this form - https://lnkd.in/dMeVeEy2 to receive a tailored sponsorship deck. Registration to attend #Localhostconf24 is still ongoing. Secure your spot now - bit.ly/localhostconf24.

🚀 𝗥𝗲𝗮𝗹 𝗪𝗼𝗿𝗹𝗱 𝗔𝘀𝘀𝗲𝘁𝘀: 𝗧𝗵𝗲 𝗡𝗲𝘅𝘁 𝗙𝗿𝗼𝗻𝘁𝗶𝗲𝗿 𝗶𝗻 𝗧𝗼𝗸𝗲𝗻 𝗨𝘀𝗲 𝗖𝗮𝘀𝗲𝘀 Imagine turning skyscrapers into liquid assets or trading fine art as easily as stocks or crypto. It only takes opening an account and you have access to deep and global markets. This is the world of Real World Asset tokenization. 💡 𝗪𝗵𝘆 𝗥𝗪𝗔 𝗧𝗼𝗸𝗲𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗮 𝗚𝗮𝗺𝗲-𝗖𝗵𝗮𝗻𝗴𝗲𝗿? 1. Democratization: – Opens exclusive assets to a wider investor base – Levels the playing field in high-value markets 2. Liquidity Boost: – Breathes new life into traditionally illiquid assets – Creates dynamic, 24/7 markets for previously static holdings 3. Fractional Ownership: – Enables partial ownership of high-value assets 𝙀𝙭𝙖𝙢𝙥𝙡𝙚: Own a piece of the Mona Lisa 4. Operational Efficiencies: – Smart contracts streamline processes – Reduces costs and complexity in asset management, such as having clear audit trails and provenance for each transaction relating to your asset. 🌈 𝗧𝗵𝗲 𝗩𝗲𝗿𝘀𝗮𝘁𝗶𝗹𝗶𝘁𝘆 𝗼𝗳 𝗧𝗼𝗸𝗲𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 Tokenization isn't limited to just one asset class. It's transforming: ● Real Estate ● Commodities ● Intellectual Property ● Carbon Credits ● Institutional Debt ● Alternative assets ...and much more. 🔮 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗶𝘀 𝗧𝗼𝗸𝗲𝗻𝗶𝘇𝗲𝗱 We're just scratching the surface. As the infrastructure and compliance regulation evolves, expect: – Portfolio diversification for investors – New business models around tokenized assets and blend between investment and consumer-facing products – New funding avenues for asset managers 🤔 𝗙𝗼𝗼𝗱 𝗳𝗼𝗿 𝗧𝗵𝗼𝘂𝗴𝗵𝘁 What assets would you tokenize if you could? Let me know👇 #RWATokenization #BlockchainInnovation #FinTech #FutureOfFinance #AssetManagement

Discover the power of Bitte Wallet, a versatile white-label solution for seamless user experiences. See how Insomnia Labs improved ICC Passport for cricket fans, creating a branded wallet login experience and boosting engagement with token rewards. Contact us to tailor our solution to your needs.

Thrilled to see Denarii Labs pioneering in the open metaverse with Futureverse! Proud to be part of this journey, helping with the GTM. Here's to seamless UX and asset interoperability!

#Throwback to last week's #RICE24! Our after-hours event was a hit, connecting with retail leaders on how 𝗟𝗼𝘆𝗮𝗹𝘁𝘆+,our blockchain-powered platform supported by Avalanche, creates tailored, robust loyalty programs💪 Stoked for the future of loyalty reinvention!🚀 📸(𝘣𝘰𝘵𝘵𝘰𝘮 𝘱𝘪𝘤: 𝘓-𝘙) Paul Chodirker | Billy Huang | Jake Cvengros | Joon Lim 📍Retail Innovation Conference & Expo