MOZO: THE TOKEN OF DISCOVERY

in #mozo6 years ago (edited)

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Currently in the business world today, it has been observed that in the aspect of sales, it has not always been the expected result that is being gotten back. Normally it should be that the higher the foot traffic, the higher the number of sales, but as we have it, it has always also been a challenge by driving foot traffic to retail spaces. At a point it seemed loyalty programs would be the permanent solution to that problem, but it is proving to also have setbacks hampering the progress of the system. Loyalty program when it was first introduced was effective as it was bringing back customers to the stores and driving in more frequent visits and as such generating higher purchases in the store, but as time passed by, existing problems are now being discovered and new problems has now surfaced. Let's briefly go through the current problem's associated with the loyalty programs in the world today. Generally the major problem with loyalty programs is that a noticeable large percent of points, vouchers and coupons are never used, which has a massive negative effect on foot traffic in sense that they are undervalued. A situation whereby users fail to recall or check their point balances or time when the points will expire is a problem in sense that users will have to either recall or relearn their loyalty point balances by either calling the relevant card center or searching for the next statement email in the computer, amongst other ways to verify, the bad news is most times after they check they find out the points have expired after an unknown validity period. The lack of points worth to customers is also a problem to the sector. Barring these aforementioned problems, there will be rapid increase to foot traffic in the stores, providing consumers more motivation to visit and patronize offline stores.
Merchants and consumers can be joyous that blockchain was introduced. And in this sector, blockchain and IoT technology brings solution to roadblocks. Blockchain which is a digitized and decentralized, public ledger of all cryptocurrency transactions has been triggered to stand as the solution to it all.

MOZO PLATFORM
Mozo is known to be a solution for venues and retailers to bring back and increase foot traffic at physical stores via the blockchain basis, with the aim of becoming a future digital platform for physical retail malls to excel along with online commerce. This platform gives consumers the opportunity to discover product inventories and prices of stuffs like sports goods, and also the product categories that are usually shown at shopping malls, like electronics and the likes.

MOZO ECOSYSTEM
In the platform's ecosystem, venue operators has been implemented, also merchant's physical store/redemption market place has also been integrated in the update, and as it moves on, it will be as on package in the future updates. Since time and cost has been problems, most merchants do not sign up for new programs but this platform has come to aid by giving every merchant a mozo in box package. Also, in the case of consumers, mozo brings in the airdrop program so as to drop some token for charge free.

THE PLATFORM'S TOKEN AND ITS ALLOCATION
The mozo token serves as the official token of the platform which is the currency on the platform representing discounts or cashback, it will be available during presale and crowdsale but of limited supply, it can be stored in all major client wallets, as it is freely transferable and tradable on exchanges. The mozo token is unique due to thw ability of all fiat currency being convertible to mozo token. The platform's token will be segmented into percentages as shown in the image below; image

For more info on mozo, visit;
Website: https://www.mozocoin.io/
Whitepaper: https://www.mozocoin.io/pdf/060418_whitePaper_mozo.pdf
Twitter: https://twitter.com/MozoToken
Telegram: https://t.me/mozotoken

Author: fredystar
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2142272

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