I've been part of this project for 12 years, and when I first heard the founder's idea for a file-sharing business that shares data profits with its members, I thought it was a great concept. He highlighted how major tech companies profit from our data without compensating us. He claimed, 'we represent the new ethically correct way of conducting business online.' That statement resonated with me. The business model has evolved over the years, but the core ethos remains intact, which I take great pride in. The rewards program is a groundbreaking entry point for both customers and merchants, allowing them to gain insights into their clientele. The costs involved are recovered through the growth in reward value and a small monthly cash payment. The same applies to customers. The effectiveness of this plan is supported by actuarial mathematics, similar to what insurance companies utilize. The organization has proprietary algorithms to ensure the fund's growth always surpasses membership growth. Merchants can also target customers in their area through flash offers, with no upfront costs until a purchase is made. Over the years, I've had many interactions with the founder and have come to know him well. While he has his flaws, he always delivers, even if it takes some encouragement from me. I'm proud to be part of this initiative and confident in its future success.
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Frega a Software Company owned and operated by Users
