Fanlogic Interactive Inc. announced the execution of a Letter of Intent with Belgravia Capital International Inc. for the joint development of the world's first unified cannabis automated industry loyalty rewards program. The program will be developed on a Fanlogic/Belgravia Blockchain proprietary platform. The revenue model will include set up fees, and the generation of commissions on smart-contracted incremental and tracked customer purchases.

The program will be customer accessible on mobile and other electronic media distributed apps. The blockchain-distributed app will provide real time loyalty reward points to customers of licensed distributors and other legal distributors of cannabis medicinal and related products. The Letter of Intent covers the goals and specifications of the blockchain development program including: reducing system management costs with smart contracts that report secure, tracked, and transparent transactions of off chain systems, reducing error and fraud costs; enabling frictionless systems by placing the entire customer rewards as tokens in the same digital wallet; increasing market value of the rewards by making the coins inter-operable that means exchangeable into other rewards and also providing a liquid market to get cash value if desired; and making the entire process blockchain real-time, which means scalable to meet user need.