Introduction
Since the
coming of the web, about somewhere in the range of twenty years prior, there's
been a consistent decrease in the deals recorded by block and-morter shopping
centers and retail outlets. This is particularly so on account of those without
an online nearness.
With the
descending pattern, there emerges a requirement for these physical or
conventional shoping outfits to connect with and contend positively with their
online partners.
There have
been a few moves to enable these physical shopping centers to remain in the
amusement and enhance their deals by means of reliability focuses and programs
yet tragically, these projects frequently miss the mark particularly concerning
inspiring customers to appreciate the profits of rehash visits to a specific
shopping center. Most shoppers and clients most circumstances have no clue
about the quantity of focuses they have aggregated or even how to change over
those focuses to items. This absence of straightforwardness is only one out of
a few variables militating against physical shops and the devotion programs.
Another factor is the time imperative on both store proprietor and client.
Individuals these days are searching for accommodation and efficient models in
all that they do, including shopping. So when there is nothing to boost a visit
to the retail shop, individuals tend to shop online where the pressure is less
and the rebates are regularly appealing.
The
blockchain technology is a disruptive technology that transmutes the way we do
things both online and offline. It is an immensely colossal step away from
contemporary internet that is centralized with lots of disadvantages around it.
And when you couple blockchain technology with the revolutionary IoTs, the
result is an astounding working product that encompasses the benefits of both
techs to better whatever niche or sector where its implemented.
This is
precisely what the Mozo team have done with the development of the Mozo
platform aimed at ameliorating the lot of physical shopping malls and outlets.
WHAT IS MOZO
TOKEN
The Mozo
token is a cryptocurrency designed to reward consumers who visit physical
shopping malls and hence turn them into reiterate shopping customers. This way,
physical shops get an incrementation in foot traffic which in turn will translate
to increment in sales.
The Mozo
system is quite different from homogeneous products both blockchain-predicated
and non-blockchain.
The Mozo
system comprises three main components that ascertains an ecumenical allegiance
reward system for all:
the Mozo
token, a digital asset that is facilely liquified and tradeable and built on
the ecumenical ethtereum blockchain network
a digital
and secure wallet that can earn, store and redeem rewards across different
merchants in virtually any component of the world as long as there's internet
connection
smartphone
app for facile discoverability of products and accommodations and additionally
for accumulation of rewards earned.
Mozo has a
well defined blueprint that is aimed at being the building block of future
blockchain-predicated development of the retail sector, which is estimated to
have an exponential magnification in the near future. The Mozo team
incorporated certain capabilities in the Mozo project to ascertain it remains a
fore runner in the sector:
IoT enabled
contrivances used to discover accommodations and products
allegiance
program fortified by Mozo, its traditional digital currency
working
system to bridge the online-to-offline commerce gap
proprietary
blockchain network, Solo, to handle microtransactions
shopper
personalization and product recommendation predicated on data collated.
HOW DOES
MOZO WORK
In the Mozo
ecosystem, there is the merchant side and consumer side operations. In
authentic life application, Mozo 3.0 is employed,which is the software that
ties together Mozo 1.0 and 2.1 to give a wholistic and working product or
platform.
For Merchants:
Mozo offers
a Mozo-in-a-box package aimed at incentivizing merchants to try out the
different revenue generating offers available on Mozo before committing to a
long term partnership.
Registered
merchants will be given a certain amount of free Mozo tokens which they will
use to reward their customers and also custom-made Sticker and Beacon sensors
will be installed in the participating stores and malls. These Beacons can
either be mounted on walls or ceilings in cases where the store owner wants to
reward customers for coming into the store, or it can be linked with products
or services the store owner will wish customers to discover using the Mozo
Retailer App. Ofcourse the customer will also have to have the Mozo app
installed in his smart device in order to enjoy this benefit
For
Consumers:
Consumers
will additionally be offered the Mozo-in-a-box package to incentivize them.
Further more, registered consumers will be airdropped certain amount of free
Mozo tokens once they download the Mozo app from google playstore or apple
store.
This is just
one of the several ways in which Mozo tokens can be earned, albeit the airdrop
is a one-off thing, since its postulated each consumer will require to download
the app just once.
LIQUIFYING
MOZO TOKENS
Other ways
of earning Mozo tokens include visiting and entering a participating store or
outlet, ZAPing or discovring an incipient product, buy products on the digital
emporium utilizing the Mozo app and other options.
Mozo tokens
can be utilized for customary online or offline transaction for payment when
checking out.
There's
additionally the Mozo Redemption Emporium available on www.smartmozo.com for
consumers who have amassed ample amount of Mozo tokens. Redemption can come in
form of cashback on purchase or discounts.
Another way
of liquidating Mozo tokens is by exchanging it for fiat or other crypto
currencies on designated crypto exchanges. Both merchants and consumers can
sell or buy Mozo tokens on the exchange.
For more
information visit
Website
https://www.mozocoin.io/
Medium
https://medium.com/@mozotoken
Telegram
https://t.me/mozotoken
Writer's
information
ikpirijor7
BTT profile
link
https://bitcointalk.org/index.php?action=profile;u=1839483
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