MOZOX: Reviving the retail industry through increase in foot traffic

in mozox •  5 years ago 

Logo - Black@0.5x.png

The endless advantages and opportunities being brought to mankind by the internet technology cannot be over-emphasized. If we can date back the history of most global sectors to 100 years ago, you’ll agree with me that internet has brought a whole lot of improvement that just cannot be measured.

Talk of communication sector, the oldest means of communication was through faxes and postal letters, this got replaced by phones but ever since the launch of internet, things got really better through social media and email services.

But as advantageous as the internet technology seems, there are some sectors that are being harmed by its improvements. Take for instance, this technology brought about the birth of E-commerce which seems to be the global talk of the town lately, but have we ever thought about the consequences of this revolution on offline shops? Truth be told, online shopping makes things lot more easier for shoppers but offline establishments are the ones at the losing end.

This has brought the idea of royalty programs by some malls and supermarkets in order to encourage people to patronize their businesses. But then, how effective have this been over time? The major problem with the conventional royalty programs is that reward points being earned have no real –world usecases, so it’s practically impossible to redeem accumulated royalty points.

So basically, there’s urgent need to improve the royalty program system in order to experience improvement in offline commerce industry.
It’s in lieu of this that the MozoX platform was created.

Introducing MozoX Platform

This is a platform that is dedicated to bringing foot traffic to offline commerce establishments in such a way that will save money, effort and also time. This will be done by replacing the conventional royalty programs by the concept of the platform.

How Does MozoX plan to achieve this?

Any commercial establishment that adopts the operation of this platform will distribute the platform’s native token (MozoX) to any customer that comes to patronize them, this token can then be redeemed at any other commercial establishments that adopt the MozoX platform as well.

Shopper App Mockup - 01.png

These tokens can be sold or bought in any regulated country through the platform’s website while in countries that are unregulated, the tokens can be bought or sold from an exchange. MozoX-in-a-Box package shall be given to every merchant and a certain number of MozoX tokens shall be given free of charge to these registered merchants and also the custom made Beacons.

This MozoX-in-a-Box will allow merchants to test revenue generating opportunities that’s being offered by the platform before committing any budget on regular use basis.
Beacons can be mounted on walls or ceiling fans by retailers in order to reward consumers by retailers for entering stores or malls
.

Another interesting feature of this platform that might excite you is the availability of the MozoX business App which allows merchant to upload their product marketing collateral in order to allow consumers discover products when they open the consumer App.

The Modus Operandi of the Platform is summarized in the picture below;

Screenshot (15).png

Shown below is a picture of the working products of the platform;

Screenshot (16).png

Token Details

The native token of the platform is MOZOX which is an utility Erc-20 token with 500billion total supply with usecases such as usage as form of incentives by business owners to consumers to attract more customers among others.

Shopper - 00006.png

Conclusively, MozoX platform isn’t just promising unrealistic goals, they already have working products that will bring tremendous improvement to business enterprises and set ups both offline and online. Judging by the modus operandi of the platform and the experience of the team, I personally think that this is surely a great project that will eventually succeed in reviving the physical retail industry through the increase in foot traffic by its technology.

Have further enquiries to make, kindly check the links below;
WEBSITE
LATOKEN MOZOX IEO
TELEGRAM
WHITEPAPER
FACEBOOK
TWITTER
MEDIUM
LINKEDIN

My Bitcointalk Username: amusanmikel2
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2305577

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!