Hello Guys, This is my first article about a crypto project on Steemit. I choose to write about this crypto project called Mozo Token as I find it is quite interesting project which has a good potential. I hope you will like this .
First, Lets understand What is foot traffic?
Foot traffic can be identified as the number of people passing by a business on a given time period, most probably in a day. If you measure the foot traffic, It can give you an estimate of how many customers will arrive a potential location. This foot traffic is important for retails stores because If the foot traffic is high at a particular store It becomes a reason for higher sales. Customer Visits at a business venue and sales have a unbreakable relationship. Therefore, Retail owners try harder to increase foot traffic. They use various techniques for this purpose and Loyalty programmes is one of the most popular technique that they commonly use. But Whether the Loyalty programmes really work well is a question.
According to Bond Loyalty latest report, More than half of the participants who enter with the loyalty programmes don't know their points balance. then again, one in three of them are unaware of the value of their points. Therefore, We can identify that the existing point-based loyalty programmes are not working perfectly.
What is Mozo Token?
This is simply another blockchain based solution for retail business owners to increase foot traffic at their physical stores with the intention of higher sales. Mozo token will act as the game changer issuing Mozo Tokens rewards in order to achieve this purpose. following this system customers will attract to physical stores as they have advantageous reasons to encourage to find new locations, browse and buy products. Therefore, We can realize that Mozo creates revolutionary opportunity for retailers and venue operators increase their pedestrian traffic.
How It works ?
Start is as easy as downloading the Mozo Token app and purchase the amount of mozo tokens you are planning to buy. Then token will be distributed to you wallet instantly. Stores and venue owners will decide how many mozo tokens to reward for their customers and the place for it as well. Token rewards can be offered for visting, browsing products and purchasing. Once they accumulated enough tokens they can use those tokens for discounts, deals and rewards. Or else If they wish, they can trade the tokens in certain coin exchanges.
Who Can Benefit from Mozo?
Any business place where wants high foot traffic expecting a higher sales can benefit from the mozo token project. The Mozo project has the ability to help individual "mom and pop" stores and large retailers as well as much larger venue such as malls, stadiums, and even entire countries through tourism. And also Consumers benefit by tokens as they perform action in that particular place, So they can redeem in their digital purses.
Conclusion
Market studies clearly have shown that foot traffic causes higher sales. But traditional methods don't seem to work perfectly. Therefore, Stores and venue owners should try revolutionary way. As we know the use of eCommerce applications brings complexity of the retail business world. It is one major fact that make shopping malls or stores empty of visitors. This is where the Mozo project is aiming at the trading ecosystem that will benefit both buyers and sellers. As the all transaction take places on blockchain, users can experience fast and secure transactions. I believe this project has a bright future ahead and It deserves your attention.
Team
Advisors
Partners
Road Map
Token Distribution
Token Supply: 5,000,000,000 — 100%
Mozo Treasury: 2,500,000,000 — 50%
Mozo Foundation: 1,250,000,000 — 25%
Presale & Token Sale: 1,250,000,000 — 25%
1 Token = 0.09 USD (1st Tranche)
The total number of Mozo Tokens will be 5 Billion.
Payment methods : BTC and ETH
More information can be found here:
Official Website: https://www.mozocoin.io/
ICO Website: https://ico.mozocoin.io/buy-token
Whitepaper: https://www.mozocoin.io/pdf/060418_whitePaper_mozo.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4169993
Facebook Page: https://www.facebook.com/Mozo-Token-2039854656295415/
Twitter: https://twitter.com/MozoToken
LinkedIn: https://www.linkedin.com/company/mozo-project/
Github: https://github.com/Biglabs/Mozo-SC
Telegram: https://t.me/mozotoken
Thanks for reading
Author: RandyGamage
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1443336
