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## Chimoney Hacktoberfest 2023 is Here! 🚀
Welcome to Hacktoberfest 2023, a month-long celebration of open-source! We're excited to announce that Chimoney is participating in this global event by offering a range of open-source issues for Hacktoberfest contributors to contribute to. This is your all-access guide to one of the most awaited events of the year, where you'll have the opportunity to contribute to various open-source issues and make a real impact. Let's dive into what makes this event an opportunity you won't want to miss.

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## What Is Hacktoberfest by Chimoney?
Hacktoberfest by Chimoney is more than just a contribution; it's a platform for tech enthusiasts, developers, and creatives to come together and make a real impact on open-source. With a focus on Chimoney's open-source community issues, we aim to build, enhance, and innovate in the world of fintech and beyond.
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## Event Highlights

### Interactive Skill-Building Workshops:
We understand the value of knowledge-sharing. That's why we're hosting a series of hands-on workshops covering various tools and concepts in open-source _(Long period of contribution)_ development. Whether you're new to open source or a seasoned pro, there's always something new to learn.
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#### Here are the sessions we have line up for you:

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Intro to Open source and Chimoney Community Projects
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 - **4th October** at  5:30 pm EAT | 3:30 pm WAT | 10 AM EST

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Effective Contribution To Open source
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 - **18th October** at  5:30 pm EAT | 3:30 pm WAT | 10 AM EST

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Weekly Office Hour Calls
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 - **Every Tuesday (From 4th-25th)** at  5:30 pm EAT | 3:30 pm WAT | 10 AM EST

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Register for these workshops [here](https://forms.gle/KKk8GepQczzn2uMv7)
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### Issues
We have an array of issues, ranging from beginner-friendly and good first issues to advanced ones. Whether it's optimizing code for efficiency or elevating user experiences, your contributions will have a meaningful impact.


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## How to Participate
1. **Select an Issue**
Explore the list of issues in our [Community repository](https://github.com/Chimoney/chimoney-community-projects) and pick one that aligns with your interests and expertise.
2. **Join the Discussion**
Engage with fellow developers, share your insights, and seek guidance  via our [community channel](https://discord.gg/Q3peDrPG95).
3. **Collaborate and Contribute**
Collaboration is at the heart of Hacktoberfest. Collaborate with peers, exchange ideas, while contributing to our open-source issues.

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### Prizes and Rewards
Your hard work deserves recognition, and we've got fantastic prizes lined up for contributors with merged PRs.

1. Get $25 for each merged PR
2. Exclusive Chimoney Hacktoberfest t-shirts and stickers for contributors with upto 4 merged PRs
3. You stand a chance of winning upto $100 plus hacktoberfest benefits if you have a total of 4 merged PRs
4. You’ll also get a chance to be featured in our **‘Contributor Spotlight Series’**

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### Why Hacktoberfest Matters
Open source has been a game-changer; increasing accessibility to software and improving innovation within the tech ecosystem, and Hacktoberfest is your chance to be a part of something this amazing. By contributing to open-source projects, you're not only expanding your skill set but also helping to shape the future of technology. 

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### Testimonials from Chimoney Hacktoberfest 2022 Contributors
Discover Insights from Our Contributors of the Previous Year about Their Chimoney


**Hacktoberfest Experience:**
- My entire experience was great. I'm originally a developer, but the contributions I made were all no-code. My goal for this year's Hacktoberfest was to try to make direct meaningful contributions to organizations, and I was able to achieve that with the help of chimoney. ~Treasure, Chimoney Community member & Contributor.

- My whole experience while contributing to the Chimoney Hacktoberfest project was great and I really loved the incentives as they motivated me and the other contributors to contribute to the issues. ~Khadeejah. ChiSquad Member & Contributor.

- Chimoney participation in the Hacktoberfest 2022 is an awesome move! I’m glad we didn’t not only gained new insights, ideas, and innovation from the initiative but also were able to encourage open source contributors and reward contributors with merged PRs. The Chimoney community project is available for people across the globe to contribute to afterwards. ~Omotola, Former Chimoney Community/DevRel Lead.

- We were able to discover some bugs in the Developer API which were raised and fixed via the Chimoney Repo. Contributors built SDKs for the Chimoney API to enable developers to integrate within their code. We were also able to see other use cases of the Developer API and the Unispend widget. ~Eloghosa, Software Engineer, Chimoney Project Maintainer.

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### Join us for Hacktoberfest 2023!
If you're eager to contribute to open source, and ready for a challenge, don't miss out on this fantastic opportunity.

Get started [here](https://github.com/Chimoney/chimoney-community-projects)


Join Chimoney for hacktoberfest 2023, contribute to our community open source project issues and win amazing rewards! 

Chimoney Hacktoberfest 2023 Is Here!

Most people have a favorite brand. Therefore, this brand is often their go-to when they need a product, the one that is foremost when they recommend to friends and family, the one that they’ll go to any length to get. Building your relationship with your customers so that they feel this way about your brand, is building brand loyalty. And of course, there are ways to leverage it and make it better!

## What is brand loyalty?
Brand loyalty is your customer’s commitment to the brand. It refers to how much they love your brand, how frequently they purchase its products, irrespective of discouraging factors or alternatives, and how attached they feel to them. Brand loyalty is important in business because it automatically results in increased revenue and popularity. When your customers are loyal to the brand, they not only pay for your products and services whenever they need them, but they also recommend them to others, and the business’s products and services are given a high sense of perceived importance to others.

Customers pay for the value even if it is high when they are loyal, and they are also often reluctant to try other brands. Loyalty makes them form a sort of connection with the brand that they recognize it whenever they come across it, talk about the services in random conversations and trust the brand.

## How to build brand loyalty
Here are a couple of things you should be doing to build your brand loyalty to meet your targets.

**• Meet customers’ expectations:** There is no shortcut to building your brand’s loyalty if you are not meeting customers’ expectations. Deliver value as promised and you’ll find your cusomer base expanding in no time. Delivering quality ensures that new customers get to enjoy the benefits they are promised and then can stick to your brand, and become a fan.

**• Create a brand:** Customers cannot connect with you if there is no brand. Create a brand for your business, and sell it across all platforms. Be recognized for what you do, what you can do,  and the value you offer. Have a message/story that connects your customers to the brand through their needs.

**• Engage Customers/Users:** You want to know how to make customers happy and loyal? Engage them. Answer inquiries, make surveys, give incentives and rewards,  interact with them on social media platforms, solve problems very fast, and follow up. 

## Leveraging brand loyalty with Chimoney rewards cashout API
If one of the ways you can engage your customers is through delivering value, why not deliver it the best way? Although organizations often offer great sign-up bonuses, good cash-back options, discounts, and tokens, a [Business Insider article](https://www.businessinsider.com/why-you-should-redeem-credit-card-rewards-right-away-2017-4) reported that only 38% of people regularly redeem them. What happens to the other 62%? They do not use these values because they are useless to them. Oftentimes, customers lose the value of their rewards because they cannot use them; in turn, businesses lose the brand loyalty benefit which ought to come with the reward.  

But, what if customers could turn every reward into something they want, irrespective of what you give? Chimoney gives them that [flexible gifting](https://www.chimoney.io/blogs/flexible-gifting-the-best-gift-idea-for-every-occasion) option.

When integrated, Chimoney Rewards Cashout API allows users to turn rewards into values of their choice. As long as project owners, organizations, or businesses give rewards, points or tokens, Chimoney Rewards Cashout API builds brand loyalty by opening up the reward option to offer them top brand gift cards, airtime, Mobile Money, bank deposit, and more to come. It removes the barrier placed by country-based currencies and spendable values, to engage customers and improve brand loyalty internationally.  

![Chimoney Reward CashOut API offers increase brand loyalty by offering more flexible redeemable options](/uploads/3_2_348104f889.png)

## Why use Chimoney rewards cashout API to boost brand loyalty
**• Creative incentives:** With the onboarding of various projects like the wearable NFT, different gift cards, and others, customers have access to innovative incentives they’ll love your brand for giving.     

**• Accelerate engagement rate:** Brand loyalty and engagement go together. Offering your users exciting options keeps them engaged and has them coming back to the brand. 

**• Reduce churn rate:** Incentives are given to further keep customers and make the user experience enjoyable for them. Utilizing the Chimoney Rewards Cash out API, reduces churn rate, as these choices encourage them to stay with the brand and enjoy all the offers and promotions made available.  

**• Reactivate old customers:** With the API, old customers who might have left the brand are encouraged to return. Especially old customers who have accumulated points and tokens in previous months, but could not use them. They return to utilize their digital rewards, and in this way patronize the business again, renewing the relationship.  

**• Increase brand advocacy:** [Shep Hyken](https://hyken.com/), customer service, and customer experience expert said the best advertising you can have is a loyal customer spreading the word about how incredible your business is. When you build your brand loyalty with the Chimoney Rewards Cash out API, customers willingly become your advocate. They spread the word about your offers, the choices available, and how none of their accumulated assets go to waste. 

![Create a winning brand loyalty strategy by offering more cashout options with Chimoney API](/uploads/3_3_1764d8de90.png)

## Make the choice to grow your brand loyalty
Your brand is important for your business, so it should never be below par. Deliver your services well and you can expect to have your customers committed to purchasing your products or services irrespective of the price. Appreciate their loyalty by giving bonuses and gifts, and they'll stick with your brand even more.

Clients love when brands see their commitment and appreciate it. If you do not want to go the way of product gift, or services discount, you can give a gift with a spendable value, like Chimoney. Make the choice for your business to grow with innovative solutions today.




Learn how to add value to your reward system or app and leverage brand loyalty with Chimoney cashout API.

How to Add Value to Your Reward and Leverage Brand Loyalty With Chimoney Rewards Cashout API

Payment Infrastructure for ambitious businesses. Send money or bulk payout to anywhere in the world. Instantly delivered gift cards, crypto, and airtime, with an easy-to-integrate API.

Project Utility

Chimoney Hacktoberfest 2023 is Here!!!

How to Add Value to Your Reward and Leverage Brand Loyalty With Chimoney Rewards Cashout API