When you think of blockchain technology, you will be immersed in endless waves of possibilities. You will see blockchain technology in Healthcare systems, Finance systems, Gaming platforms, E-commerce etc, in all solving associated issues and be giving outstanding results.
Owing to these outstanding results associated with blockchain technology, led a team of experts into creating a platform which will be based on this technology thus bringing a solution to real life issues needed in the commerce industry. This is no other platform than MOZO.
WHAT IS MOZO ALL ABOUT?
Mozo has one aim, that is, to take foot traffic back to physical stores. Mozo achieves this with the aid of blockchain technology, thus being the solution for retailers, venues etc to increase foot traffic at offline stores.
With Mozo, the commerce industry will experience a new look, the future will be assured as Mozo will present a solution thus enabling retails mall to grow alongside with online commerce.
What Is Foot Traffic? Foot traffic is a way by which higher sales are assured in retail stores. That is higher foot traffic gives rise to higher sales.
Importance Of Blockchain Technology To Mozo
In as much as higher foot traffic gives higher sales, it has has been proven to have challenges, thus leading to the adoption of loyalty programs. A study shows that customers always prefer going to a retailer with a loyalty program over others without. But yet, loyalty programs still is not efficient in increasing sales, thus leading to the search for a more promising solution.
The solution found is the use of blockchain technology and IoT(Internet of Things) technologies. The use of these two, presents a new way of attracting customers, thereby helping retail stores to drive the needed foot traffic and sales.
Thus with blockchain technology;
1. Individuals will have Mozo, which will be a liquid, tradeable and exchangeable token (cryptocurrency). This token will be the core component of the new loyalty program network based on Ethereum blockchain.
2. Individuals will have access to a digital wallet which can be used to earn as well as redeeming earnings across merchants anywhere in the world with no restrictions whatsoever.
3. Individuals will have access to rewards offered and collected through a smartphone app. This also gives users the opportunity to discover new products and services.
WHAT MOZO OFFERS
In a nutshell, Mozo offers breathtaking opportunities.
Mozo offers;
1. Loyalty Market: Study has shown that the global loyalty market is worth over $300 billion, thus presenting an opportunity and making it ripe for disruption by Mozo. Mozo aims to disrupt this huge market through the following steps;
a. Unlocking it,
b. Supporting bigger retail market,
c. Reducing customer acquisition costs which are achieved by drawing their attention from advertising to discounting presented by Mozo.
2. Digital Consumers: Study has shown that in the Asia market, consumers using digital banking is growing at a tremendous rate, thus presenting a huge opportunity for Mozo. This is because, these consumers like monetary rewards, with this, Mozo will turn consumers to customers being driven to retailers offering and accepting Mozo.
3. Foot traffic: Mozo already has 38,000 stores who have shown interest to utilize Mozo technology. This addresses the market while solving foot traffic issues.
MOZO ECOSYSTEM
Mozo ecosystem is built on Ethereum blockchain, thus making Mozo tokens a utility token used for the rewards program.
To have a growing and sustainable ecosystem, Mozo ensures holders of its token such as customers, store owners, value operators etc will be able to send Mozo token either as a gift to friends and families or trading them in cryptocurrency exchanges. This, in the long run, will provide venues with the needed foot traffic.
As the internet has contributed a lot to e-commerce, Mozo believes that the blockchain-based retail store will soon experience a tremendous growth, thus offering;
a. Individuals the opportunity to discover new products and services through the use of IoT devices.
b. Mozo token which will be used to support and promote loyalty programs.
c. A self-ownership blockchain used for microtransactions known as SOLO.
d. A system connecting or closing online and offline gaps.
d. A system in which the product recommendation and shopper personalization will be data-driven.
MOZO TOKEN AND ICO DETAILS
Mozo token is an ERC20 token built on Ethereum blockchain. It is a utility token with the total supply of 5,000,000,000. Stores and venue operators use Mozo token to reward customers, with the customers redeeming the Mozo token either for deals, discounts or products.
CONCLUSION
MOZO is termed the TOKEN OF DISCOVERY owing to the fact Mozo makes it possible for consumers to be turned into customers who are drawn to retailers offering and accepting Mozo, thus giving merchants the best effective and efficient loyalty program under a business model offered by Mozo.
TEAM
ADVISORS
PARTNERS
TO KNOW MORE ABOUT MOZO
Join the Telegram Group: https://t.me/mozotoken
Follow on Twitter: https://twitter.com/MozoToken
Follow on Facebook: https://www.facebook.com/Mozo-Token-2039854656295415/
Follow on LinkedIn: https://www.linkedin.com/company/mozo-project/
GitHub: https://github.com/Biglabs/Mozo-SC
Website: https://www.mozocoin.io/
Whitepaper: https://www.mozocoin.io/pdf/060418_whitePaper_mozo.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4169993.msg38256433#msg38256433
Writer's Bitcointalk Username: Emmy92
Writer's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1329140
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