Each brand that partners with 24Karat gets its own fungible token deployed on Flow Cadence. Users earn tokens by interacting with vending machines and redeem them for brand rewards.

24Karat is a consumer loyalty / Web3 rewards platform on Flow Cadence. It deploys brand tokens like JOSHIN and KARATZKGGML. Source: github.com/24karat-gld/flow-24karat-contract.

24Karat is a Japan-based Web3 loyalty platform operating 2,000+ IoT-connected vending machines with ~250k weekly users. The team issues brand-loyalty tokens on Flow Cadence.