Rapidz delivers "Proof of Concept" Web3 project by Tokenizing Loyalty Points for Reading FC fans!

Oct 18, 2023

Xavier Yew (CEO & Founder of Rapidz) on the left and Panagiotis (Panos) Pavlakis (Head of Business Development & Strategic Partnerships of Rapidz) on the right, both of them holding onto the Rapidz 'Back of Shirt' jersey of Reading FC.

This year, we continued our steadfast commitment to Reading FC as the Official 'Back of Shirt' Partner for Reading FC's men's first team, as Rapidz, a global fintech company and renowned digital wallet payment gateway.

In a continuation of our innovative collaboration, Rapidz proudly announced that the Rapidz emblem graced the home and away shirts of Reading FC's men's first team until 2025. But that wasn't all; we were excited to introduce a unique digital rewards program in partnership with Reading FC, aimed at bringing joy and engagement to the loyal Royals!

This special initiative was designed to reward the supporters who had shown a continuous dedication to the club by participating to the "Match Predictor" competition on Reading FC's games this current season, since the kickoff on 5 August 2023. The top 5 URZ Token holders who collected the tokens throughout their non-stop participation to the above competition, were the focus of our visit this round to Reading FC, where we personally extended our gratitude for their support by presenting them with exclusive free hospitality for the game.

Panos Pavlakis, our Head of Business Development & Strategic Partnerships, shared his enthusiasm, stating, "The launch of the URZ tokens with Reading FC is a "proof of concept" to tokenize Loyalty Points, and it showcases how Rapidz bridge Web 2.0 to leverage on Web 3.0 elements. We truly believe there will be more exciting opportunities coming up for more Web 2.0 businesses to tap on this too"

We had already had the privilege of witnessing the happiness on the faces of our token winners, and we deeply appreciate the fond memories that we built with the back of shirt distribution to the top 5 URZ Token holders.

As part of our ongoing commitment to this enduring partnership, we look forward to harnessing Web 3.0 technologies to create opportunities for Reading F.C. fans to continuous benefit & grow their joy of being involved with the Web 3.0 ecosystem.