Smart contract development for IncentivAI

TL;DR

IncentivAI set out to unify fragmented loyalty programs into a single, user-friendly Web3 platform, but hit a wall when it came to smart contract expertise. We stepped in to deliver a robust, upgradeable smart contract stack, complete with DeFi integration and automated, multi-chain deployment. Our solution helped IncentivAI move past development bottlenecks and unlock the next phase of product growth.

Client/Product

IncentivAI

Project Duration

July 2024 - August 2024

Product link

https://incentivai.io/

Provided services

Smart contract development

About the client

IncentivAI is shaking up the loyalty game. Their flagship product, IncentivAI LoyaltyHub, is a blockchain-powered platform that aggregates multiple loyalty programs into a single Web3 ecosystem. Think: one wallet for all your points, vouchers, gift cards, and tokens across brands, with full transparency and ownership. For businesses, it’s a plug-and-play gateway to a shared, on-chain customer base and next-level analytics. For users, it’s a unified experience to manage and exchange the accumulated points.

The challenge

Let’s be real: most loyalty systems are a mess. Users juggle points across siloed programs, with little utility and zero interoperability. IncentivAI saw the opportunity to do better, way better, but needed serious smart contract expertise to make it happen.

They had the platform, the vision, and a tight timeline. What didn’t they have? Blockchain devs who could deliver bulletproof, upgradeable contracts fast. IncentivAI approached Ambire for support, and Ambire pointed them to us as the right team for the job. Thanks to our work on Ambire’s projects over the past four years, IncentivAI trusted us from day one. That’s what happens when you always give 110% to what you do best.

“We had everything ready in house except the smart contracts. We needed a team that could handle the heavy lifting and help us move forward to the product phase.”

Milko Slavov

CTO, IncentivAI

Milko Slavov

CTO, IncentivAI

Our approach

First up: alignment. IncentivAI’s team shared detailed docs and a clear breakdown of priorities for phase one. We kicked things off with a call, then dove into research on their tokenomics and how to implement it in the smart contracts so we could find the best way to bring their vision to life on-chain. Weekly syncs kept everyone on the same page, with their Web3 advisors providing valuable feedback and outside perspective. This kept our goals laser-focused and helped us solve the right problems, the right way.

“Having their advisors involved was actually a huge plus for us. It pushed us to validate every choice and make sure we were building the best possible product.”

Bobby Itskov

Blockchain engineer at goodmorning

The solution
(Let's get technical)

IncentivAI needed more than just a few contracts. They needed the backbone of their entire loyalty ecosystem, built for scale and future upgrades. We engineered a full-stack solution using Solidity, Foundry, OpenZeppelin, Uniswap V2, deployed on Base and Sepolia, managed by Gnosis Safe and automated via Foundry scripting.

Token infrastructure

Two ERC-20 token contracts – RWRD (a fixed-supply utility token for staking, rewards, and governance) and LoyaltyPoints (brand-specific tokens issued per company).

DeFi integration

Uniswap V2 smart contracts for token swaps, liquidity pools, and market creation, enabling users to trade and manage rewards seamlessly.

Automated deployment

Foundry-based scripts to deploy all contracts (tokens, liquidity, vesting) on Sepolia or Base, with easy parameterization for future chains.

Upgradeable architecture

TransparentUpgradeableProxy pattern for safe, future-proof upgrades.

Token vesting

Contracts for locking and time-releasing RWRD tokens for teams, partners, or liquidity mining.

Multi chain readiness

Parameterized scripts and documentation for easy deployment on any EVM-compatible chain.

“With our help, IncentivAI went from stuck in development to having a complete, secure smart contract infrastructure ready to power their next gen loyalty platform. The system is fully upgradeable, supports multi chain deployment, and is built with automation and security in mind.

Goran Stoyanov

Managing Partner