Go to the grocery store and buy better things. Buy quality, buy organic, buy natural, go to the farmers market. Immediately that's going to increase the quality of the food you make.
-Michael Symon
The grocery market is one of the largest consumer markets in the world that is growing by leaps and bounds and is forecasting further growth at a much higher rate. Groceries are one of the basic necessities of life and hence there will always be a need to buy and sell food items irrespective of times. The grocery market used to boast of local stores at the beginning and later shifted to large supermarkets, hypermarkets and other retail outlets.
The biggest thing you can do is understand that every time you're going to the grocery store, you're voting with your dollars. Support your farmer's market. Support local food. Really learn to cook.
-Alice Waters
With time online grocery stores have been added to this industry so that the consumers can avail themselves of purchases from the comfort of their home without undue hassles. Most of the current generation includes the working class, who do not have ample time to go and visit a grocery market. Online sectors have proved to be a boon in disguise for them.
The current system is centralized with severe interference from middlemen who are actually the profit earners. The revenues are unevenly distributed. The farmers toil with their sweat and hard work and what is the end result. They are the most vulnerable party in this chain as they are unable to sell their ingredients at reasonable prices and have to suffer unbearably at the hands of agents. Recently we have come across several news items where the farmers have committed suicide as they have been unable to fulfill the basic necessities of their family. The retailers have not been giving them their due in terms of money.
The other injured party is the consumer that has to pay huge amounts that are not feasible anymore. We are in dire need of removing middlemen and encouraging evenly distributed revenue margins so that each and every link of grocery sector benefits to its maximum capacity.
In spite of huge growth in the grocery market is on the brink of change because of several internal and external factors like technological advances, change in consumer behavior, entry of new entrants, and numerous innovative models. The recently launched blockchain technology has been a determining factor in disrupting the current grocery industry.
COOLOMAT Platform
COOLOMAT is a revolutionary marketplace that has connected both producers and consumers via its advanced ecosystem. It boasts of local produce which is more fresh and healthy than its counterparts and guarantees lower prices and convenient delivery. It has proved beneficial for suppliers as it removes the services of middlemen and gives them the opportunity for direct dealings with customers. It is a globally accessible online platform with 24*7 services.
ICO and Team
The ICO of COOLOMAT is CMK Token powered on Ethereum based platform. It is a utility token used for transactions on its portal, making payments for purchases and during loyalty programs. The COOLOMAT team encourages new ideas, designs, and approaches from its members so that its distinctive ecosystem can include viable changes and work for the betterment of its users.
Conclusion
COOLOMAT is an interface that has mingled different grocery producers on its single platform. It is based on a decentralized system that has taken help of blockchain technology, AI technology, open source software, cryptocurrency and smart contract to create a wonderful ecosystem that is highly advanced and has ample scope for further growth. The portal encourages its users to leave reviews of their experiences on its platform by allotting CMK Tokens.
Website - https://www.coolomat-market.io/
Whitepaper - https://www.coolomat-market.io/assets/whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=3293141.0
Telegram - https://telegram.me/coolomatmarket
Published by- prince0200
Profile - https://bitcointalk.org/index.php?action=profile;u=1807689
