What is Mozo?
Shoppers can acquire, purchase, and claim Mozo tokens by: going into a physical store; “zapping” to find products; or purchasing items at the store.
The quantity of Mozo tokens earned in this process of these activities by the consumer are pre-determined by the Brand Owner, Franchise or Retailer. For instance, if the Retailer wishes to reward the consumer one Mozo token for finding a new arrival product for a certain period of time, at that point the consumer can win one Mozo token for doing that within the time period set by the Retailer.
Customers can also purchase Mozo tokens, either at any assigned exchange to top up their digital wallets, or inside the Consumer App, by using ETH for instance. Lastly, consumers can claim their tokens at any of the Members of Project Mozo. Individuals from Project Mozo are enlisted Retailers that have Mozo logo noticeably showed before their stores and all through the physical area inside the store.
Characteristics of Mozo Token
- Available during presale and crowdsale.
- Limited supply of Mozo tokens.
- Circulate on the proprietary Solo blockchain and Ethereum public network.
- Freely transferable and tradable on major exchanges.
- Storable in all major client wallets.
- The currency on the platform representing discounts or cashback.
- All fiat currencies (e.g., USD/HKD/SGD) are convertible into Mozo.
Opportunity
Worldwide loyalty market
— US$300 Billion
Global number of stores
— 91 Million Stores
B&M Market (90% of retail market)
— $21.1 Trillion
Global foot traffic (annually)
— 2.6 Trillion walk-in customers
Asia-Pacific loyalty market
— US$60 Billion
Asia-Pacific (excluding Japan) number of malls
— 6,600 Malls
Committed to use Mozo
— 38,000 Stores
Forecast in 3 years
— 300,000 Stores
How does Mozo Work?
Mozo works by using a “smart contract” which is tied to retail activities. This smart contract is established between the retailer’s smartphone or IoT device (such as a Beacon) and the consumer’s smartphone as they detect each other’s device. The consumer’s smartphone and retailer’s smartphone can accept and process a transaction under consumer’s command. In other words, the Mozo contract is a user-generated transaction that transfers control commands between user-device, user-user, or user-system. Hence, we create a smart contract where the object of the smart contract is to process the transaction on the blockchain network.
APPS
Early adopters expect the Mozo user interface to be intuitive, fluid, high performance, responsive and frictionless. Mozo have developed two (2) apps to enable interactive services offline and online: Consumer APP and Retailer APP.
Comsumer APP:
Consumer App offers both online and offline modes, which are illustrated at the send of this subsection:
When the consumer is at home, work, or wherever the consumer smartphone does not detect any beacons (placed in merchants’ locations), Consumer App will switch to online mode. In the online mode, Consumer App exhibits features similar to a typical e-commerce app (e.g., Tmall or Amazon), except that we support Mozo tokens and allow consumer to access his/her favorite store inventory (not just warehouse inventory). In addition, Consumer app supports buy online and pick-up at store which is another O2O feature. We also include a showroom to allow viewing of “new arrival” products which are only available at physical stores, before consumers decide to visit and discover the products in person.
Retailer APP:
Our Retailer APP can be used by either a Salesperson at an outlet, or as a Retailer, depending on their log-in privileges.
When logging in in the role of a Salesperson at a particular physical store, the APP upgrades the salesperson to smart person. One unique feature is the ability to detect loyal customers who come in the store through our custom-made beacon, his/her historical buying patterns, and physical endowments such as shoe and dress sizes. This helps salespeople to smartly engage and personalize services to consumers. Another feature, we intend to add in Mozo 3.0 is the ability for the consumer to select his/her familiar salesperson as the preferred service personnel for their particular favorite store.
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.
The total fundraising goal for Project Mozo is US$88 Million which is divided into 2 separate token sale tranches, as follow:
1st Tranche
Hard Cap: US$ 42 Million
Number of Tokens to be sold: 700 Million
Token Price: US$ 0.09
Method of Distribution: Presale and Crowdsale
Time Period:
Presale:
May 8 2018 to July 10, 2018
Crowdsale:
July 11, 2018 to July 18, 2018
Distribution of unsold Tokens: Redistributed on a proportional basis to 1st Tranche purchasers.
2nd Tranche
Hard Cap: US$ 46 Million
Number of Tokens to be sold: 550 Million
Token Price: US$ 0.12
Method of Distribution: Crowdsale only
Time Period:
Crowdsale:
Targeted for Q4 2018
Distribution of unsold Tokens: Redistributed on a proportional basis to 2nd Tranche purchasers
Crowdsale Bonus
20% Best Deal
50 ETH / 5 BTC or more in one transaction
10% Popular
1 ETH / 0.1 BTC or more in one transaction
No Bonus
0.1 ETH / 0.01 BTC or more in one transaction
The more tokens you buy in one transaction the more bonus you get!
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
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1207118
My Youtube Channel: https://www.youtube.com/channel/UCxtf5fAe3gBjNbeVSuAQFiQ