Kindnomic Circular Reward Pools are smart contracts stored on the blockchain, designed to reward shoppers with KNZS Points for purchases at participating businesses. As part of the Kindnomic Circular Reward Network, these pools align personal rewards with collective progress, creating a system where every transaction generates local and global impact.

A smart contract is like an automated agreement between two or more parties that runs on a blockchain. Think of it as a digital “if-then” statement.

For example:
• If you meet a condition, like spending a certain amount in a marketplace,
• Then the smart contract automatically rewards you with KNZS Points—no human intervention required.

Smart contracts make processes efficient, transparent, and secure. Let’s break it down using Kindnomic Circular Reward Pools as an example:

1. Automating Rewards:
   When you shop at a participating Kindnomic Marketplace business and pay full price, the smart contract tracks your transaction.
   • If you spend €5.00 in the first reward pool, then it automatically rewards you with 1 KNZS Point (or a fraction based on your spending).
2. Fair and Consistent Rules:
   The smart contract ensures everyone plays by the same rules:
   • Each reward pool (smart contract) contains 5 million KNZS Points.
   • As more pools are activated, the spending amount required to earn 1 KNZS Point increases incrementally by €1.00.
   • By the 10,000th pool, this amount is capped at €1004, ensuring fairness and sustainability.
3. Transparency:
   Smart contracts store all transactions on the blockchain, allowing anyone to verify:
   • How many KNZS Points have been earned?
   • How Kind Commissions are distributed to green investments, charitable causes, and Bitcoin holdings.
4. No Middlemen or Delays:
   • There’s no need for a third party (like a bank or administrator) to manage rewards.
   • The system automatically delivers rewards immediately after your transaction is complete.

• Trustworthy: Everything is pre-programmed and stored on the blockchain, ensuring tamperproof rules.
• Efficient: Automates reward distribution without delays or human error.
• Transparent: All transactions and allocations are visible, providing real-time accountability.
• Inclusive: Ensures fairness by applying the same conditions to everyone in the Kindnomic Network.

Unlike traditional loyalty programs that rely on centralized systems, Kindnomic Circular Reward Pools uses smart contracts to align personal rewards with collective impact. Every transaction not only earns KNZS Points for you but also generates Kind Commissions that drive sustainability and support communities worldwide.

Here is how it works:
Shop to Earn KNZS Points:
• Shop within the Kindnomic Marketplace and pay full price to earn KNZS Points.
• Smaller spending amounts earn proportional fractions of KNZS Points.
Example: Spend €2.50 in a pool where €5.00 earns 1 KNZS Point, and you’ll receive 0.5 KNZS Points.
Spending Requirement Per Pool:
• In the first reward pool, you need to spend €5.00 to earn 1 KNZS Point.
• Each new pool of 5 million KNZS Points increases the required spending by €1.00 to earn 1 KNZS Point.
Example: In the second pool, €6.00 is required for 1 KNZS Point; in the third pool, €7.00, and so on.
Value Creation Through Kind Commissions:
• With each new pool, the incremental spending requirement generates higher Kind Commissions.
These commissions fund:
• Community-voted green investments.
• Charitable causes.
• Bitcoin holdings, contributing to long-term value for all KNZS Points.
Capped Spending Requirement at the 10,000th Pool:
• By the 10,000th reward pool, the spending required to earn 1 KNZS Point will be capped at €1004.00.
• Beyond this point, the spending requirement remains fixed, ensuring consistent fairness and accessibility for all participants.

Traceability:
• Transactions are securely recorded on the blockchain, providing real-time visibility into earned, locked, and distributed KNZS Points.
• Participants can track how funds are allocated to green initiatives, charitable causes, and Bitcoin holdings.
Controlled Growth:
• Spending requirements increase incrementally with each pool, generating more Kind Commissions over time.
• These funds fuel community-voted initiatives and strengthen Bitcoin holdings for long-term value creation.
Inclusive Participation:
• Rewards are proportional to spending, ensuring fair access for all participants, regardless of purchase size.
• Benefits extend to businesses and communities, from urban centers to rural areas.