Myreks is an e-commerce platform that enables its users to provide recommendations to others in exchange for rewards.
Business Model: B2C
Revenue: $0
Employees: 1-10
Address:
City: Florianópolis
State: Santa Catarina
Zip:
Country: Brazil
We really believe that the best source of decisions are from friend&s;s recommendations, and, at the same time, we think that the influence of a individual in drive sales should be rewarded, so Myreks builds a social commerce monetization enabler for e-commerce stores, where users can recommend products and accumulate a virtual coin called Rekpoints every time that his/her recommendation turns into a sale. They can use their Rekpoints in the real world, buying movie tickets, gift cards in different stores and so on... Users also can unlock badges focused in their power to drive sales and get specific rewards from the online store matched with the badge. In summary, Myreks adds a social curation gamification app based in a C2C (Consumer to Consumer) model inside a B2C model from the online store. Myreks raised a seed round with DFJ affiliated fund in Brazil and now is beginning a second round discussion fouces in aa acceleration/growth capital.
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