Get rewarded for watching videos, giving feedback and shopping online, thanks to a new App by RedFOX Labs
Ho Chi Minh: Venture builder RedFOX Labs combine with MYMEDIA MYANMAR and AI company MISFIT to tackle the rewards and cashback market in Southeast Asia.
Already an established player in the Myanmar landscape, digital media platform MYMEDIA MYANMAR has accumulated more than 11 million active Facebook fans since its inception in 2014.
An already established and highly engaged audience, now has the chance to earn rewards for what they are already doing for free. By simply watching videos, offering feedback and purchasing online, the audience will now be rewarded with points that can be used across a number of platforms in Myanmar and soon the rest of Southeast Asia.
Thanks to a recently agreed Joint Venture with RedFOX Labs a Vietnam-based emerging tech venture builder, the idea will be brought to life in the coming months.
“Heading into what many believe to be harsh economic times, we believe a rewards and cashback platform is exactly what people will be motivated to use” said Ben Fairbank, CEO and co-founder of RedFOX Labs. “Finding great partners is a real challenge and an audience is an even bigger challenge. We feel as though 11 million engaged Facebook fans is a great launchpad for the release of this App. We are using the latest in blockchain and AI technology to create a seamless user experience that creates a pathway to digital inclusion”.
“Finding a way to further reward our fans, outside of quality content is always a key focus for MYMEDIA MYANMAR” said Rene co-founder of MYMEDIA MYANMAR. “Our fans can now be rewarded for watching videos, completing surveys and shopping online. It’s a great way to introduce more people from Myanmar to the growing digital economy. We also get the added benefit of making our platform more attractive to potential partners and advertisers.”
To scale effectively into other countries and to meet the predicted heavy demand, MYMEDIA MYANMAR and RedFOX Labs have partnered with AI startup Misfit, who already have several market tested products such as the getalice.ai chatbot, used by some of the largest companies in the region.
From Left to Right: Rene Heumueller, Co-founder MYMEDIA MYANMAR, Munimul Islam, CEO and Co-founder MISFIT Technologies, Ben Fairbank, CEO and Co-Founder of RedFOX Labs.
About RedFOX Labs: An emerging technology venture builder, focused on Digital Inclusion for the Southeast Asian Digital Economy. Utilising Blockchain, AI, IoT and other emerging technologies, RedFOX Labs replicates proven unicorn businesses and tailors for the emerging Southeast Asian markets. Based in Ho Chi Minh, Vietnam, RedFOX Labs is the first blockchain venture builder in the region.
RedFOX Labs www.redfoxlabs.io
About MYMEDIA MYANMAR: A digital marketing corporation providing full scale marketing and advertising services tailored to meet the needs of businesses of all sizes. Boasting more than 11 million Facebook fans, MYMEDIA is located in Yangon, Myanmar.
MYMEDIA MYANMAR https://mymediadigital.com/
About MISFIT TECHNOLOGIES: An emerging technology provider focused on the internet economy, Banking, e-Commerce, FMCG and Telecommunications, with offices in Myanmar, Singapore and Bangladesh. MISFIT TECHNOLOGIES is the creator of the award winning ALICE Facebook AI chatbot, which is an omni-channel AI based conversational platform for businesses with in depth analytics.
MISFIT TECHNOLOGIES https://misfit.tech/