McDonald’s in the Philippines has partnered with Loyalcoin

McDonald’s lovers in the Philippines can now nab themselves a free burger by signing up to the Loyalcoin crypto-rewards system.

Loyalcoin is a blockchain-based customer loyalty program that rewards users in crypto for being loyal to brands registered with the service.

Users are able to use Loyalcoins to redeem rewards from affiliated brands and can convert them to other cryptocurrencies such as Bitcoin, Ether, and XEM through Loyalcoin’s partner institutions.

According to a Facebook post by Loyalcoin, the company has now partnered with fast-food giant McDonald’s in the Philippines.

Users who download the Loyalcoin wallet app on their mobile phones can even receive a free ‘McDo’ burger.

To get the free burger, users will need to download the app, complete two-factor authentication, and have 10 Philippine pesos worth of Lcredits (Loyalcoin credits) on the app.

Finally, upon approval, users can claim the free McDo burger.

The promotion period began on March 18th and will end on April 30th 2019. The redemption period will end on June 30th 2019.

This isn’t the first time McDonald’s has ventured into the crypto space. In 2017, McDonald’s Thailand partnered with Omise.

Omise is building an Ethereum-based Proof-of-Stake (PoS) platform with the aim of decentralising payment networks and creating an open, public financial system.

The partnership with Omise meant McDonald’s Thailand could enhance its online payment channels by leveraging the payment technology offered by Omise.

It remains to be seen how much impact the partnership with Loyalcoin will have, but it should help bring more adoption and awareness to the crypto space.

Interested in reading more about global companies getting involved in crypto? Discover more about the rumours that Starbucks could soon be accepting crypto payments.