MOZO — Revolutionizing Foot Traffic In Commerce Through Blockchain Technology

BRAINERDPAUL

Hello friends, Today I will talk about a very exciting ICO project.

In this era of innovation and new technologies there are visionary projects that come to life in the form of ICO's and today i am going to present you with one of the most promising ones on the market. The project is called MOZO. In a world where the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is MOZO

Mozo is a token to find the fate of commerce. A future where Mozo turns into a computerized framework for physical retail shopping centers to flourish one next to the other with online commerce. Mozo is a blockchain-based answer for locations and retailers to increase foot traffic offline stores. By issuing Mozo Token prizes, clients are driven straight to retailer’s physical locations and store proprietors, being urged to find new areas, browse items, and make buys. They are bringing foot traffic once more into the physical stores.

Mozo is a token to find the eventual future of commerce. A future where Mozo turns into the computerized framework for “bricks-and-mortar” retail settings to flourish one next to with online shopping.

Mozo’s industry driving innovation works as the spine to smart reference point sensors. Victories like the Wanda ventures guarantees a standing on the cutting edge of IPS solutions. They are utilizing IPS innovation together with blockchain to change the retail business. To fabricate a worldwide network of locations and retailers, giving you more control over foot traffic. Their innovation is a piece of the motivation behind why 38,000 locations have effectively dedicated to actualize Mozo at start. They are focusing up to 300,000 location to execute Mozo throughout the following three years.

PROBLEMS

The main problem with present-day loyalty programs is that an overly large percentage of their points, coupons, and vouchers pile up but are never used. These programs are often undervalues by the program providers wanted customers. According to Bond Loyalty’s Report 2017 [2], an estimated US$100 Billion equivalent in points are unredeemed by members in the USA alone. These excess left over become a pill up loss for the program providers.

Secondly on the customer’s side, they find it very difficult to remember or easily check their point balances or when points will expire. Consumers will have to either remember or relearn their loyalty point balances by calling the relevant card center, searching for the next statement email in the computer, or logging into a website to read the fine details associated with their reward points. Before they know what is going on their points and vouchers have expired.

Lastly, Customers do not know the worth of their points. Since the worth of that point are not known or cannot be remembered by them, redeeming it becomes difficult.

SOLUTION

Mozo has employed a decentralized digital solution to this problem. Mozo uses blockchain technology to establish a system that is better than the use of points in present day loyalty programs.

With Mozo, consumers will be able to earn tokens as their rewards instead of points and they can redeem these tokens at any stores for their cashback and also exchange their rewards and discounts for local fiat. This will speedily increase the foot traffic for retailers than the present day loyalty program been used.

Mozo 1.0 also allowed consumers to discover product inventories and prices of not just sports goods, but also the product categories we often see displayed at shopping malls, such as electronics, and luxury goods, to name a few. With Mozo tokens, consumers will be highly incentivized to keep going back to the malls and shopping districts as they see the opportunity to mine Mozo tokens, discover in-store inventories and prices, and buy products they have not seen before.

Consumers can earn, buy, and redeem Mozo tokens by: walking into a physical store to discover product details; or purchasing products at the store. Project Mozo will use the Ethereum blockchain network to support our transactions, and then switch to Solo when it becomes available.

THE MOZO ECOSYSTEM

Being sponsored by the Ethereum blockchain network implies Mozo Tokens hold an incentive past its utility as a prizes program. Clients, store proprietors, and location administrators will all hold the privilege to send Mozo Tokens as a prize, share them with companions, or exchange them through assigned Coin Exchanges. The majority of this makes a feasible and gainful ecosystem, giving your location increase in foot traffic.

Mozo can benefit any location retailer looking to revolutionize and increase their foot traffic. This means Mozo can help personal small stores and big retailers to much larger location such as malls, galleries, and even whole countries through tourism. Consumers benefit by now having a cross-merchant, tradeable, and redeemable token right in their digital wallet.

TOKEN AND ICO DETAILS

A Mozo Token is an ERC-20 utility token, operating on the Ethereum Blockchain network. Total supply of mozocoin is five billion, token sales will start 23rd to 30th July with 31 million USD already raised

Hard Cap: US$ 42 Million

Number of Tokens to be sold: 700 Million

Token Price: $0.09

Method of Distribution: Presale and Crowdsale

Time Period:

Presale: May 8, 2018 to July 22, 2018

Crowdsale: July 23, 2018 to July 30, 2018