2 Highly Innovative Cryptos Ready to Trade on the ProBit Exchange
True innovation is hard to come by. Many companies try to innovate but do even know what the definition of innovate means.
One publication puts it this way: “Every business leader agrees that it is important. But nobody can quite seem to agree on what it actually is or what it means.”
The creator of the Linux operating system, Linus Torvalds puts it this way: “All that hype is not where the real work is,” said Torvalds. “The real work is in the details.”
Here are two crypto companies that are executing on the ‘real work’ and delivering on the details in important high growth areas like Artificial Intelligence and Data!
Team MozoX is offering new ways to attract consumers and bring them to offline stores. Simply put, the consumer’s proof of work is to walk into a retail outlet, mall or venue; and they will be rewarded MozoX tokens for such work by the merchant, who buy MozoX tokens.
Using breakthroughs in Blockchain, Cryptography, IoT and AI technology, Team MozoX is offering new ways to attract consumers and bring them to offline stores. Simply put, the consumer’s proof of work is to walk into a retail outlet, mall or venue; and they will be rewarded MozoX tokens for such work by the merchant, who buy MozoX tokens directly from the team or from an exchange.
They have developed, tested and launched (1) MozoX, a liquid, tradeable, and exchangeable cryptocurrency, at the heart of this new universal loyalty program network; (2) consumer and business apps each of which has a in-built digital wallet that can earn, hold, and redeem rewards globally and across merchants, wherever the internet connects you; and (3) signed contracts, and MoUs with partners to roll out 90,000 merchant locations globally, in support of 13 million of consumers in 8 countries over the next 3 years. With MozoX, consumers are turned into customers driven to retailers that offer and accept MozoX. Armed with MozoX, merchants will have the most effective and efficient loyalty program available, all under a business model that can be best described as the “Token of Discovery”.
The MozoX Opportunity
MozoX has multiple opportunities right at its doorstep. This is because part of the innovation process involves preparation which they have done an extraordinary job at. Part of the MozoX opportunity relates to the many different aspects and large size of their addressable market. Here are few takeaway that show the tremendous breadth and scope of their market:
- The worldwide loyalty market, estimated to be US$ 300 Billion, makes the opportunity presented by this technology even more interesting. To address such a large market, the goal for MozoX is to unlock this mammoth loyalty market, support the larger retail industry, reduce their customer acquisition costs, and shift the retail industry away from more traditional advertising and discounting to Project MozoX.
- The addressable market related to annual foot traffic encompasses 2.6 trillion walk-in customers visiting 91 million physical stores globally, resulting in an average annual foot traffic of 28,000 per store, or daily foot traffic of 77. Already, 90,000 physical stores have committed to use MozoX technology, i.e.; we have achieved just a fraction of this huge addressable market.
- The majority of foot traffic is concentrated around shopping malls in Asia-Pacific region. According to our own estimates, there are a total of 6,600 shopping malls in Asia-Pacific region excluding Japan [7–12], giving a total real estate value for shopping malls of approximately US$660 Billion, assuming shopping mall real estate values of approximately US$100 million each. A 20% increase in foot traffic to these shopping malls (generated by MozoX or its equivalent), translates into US$132 Billion increase in value for regional malls, which is also a market opportunity for Project MozoX. MozoX offers this addressable market an irresistible value proposition.
- In 2017, Total Retail Sales were estimated to be $23.4 Trillion [13], giving the Brick-and-Mortar Market (90% of retail market) a value $21.1 Trillion. For the approximately 91 million stores worldwide, average annual sales would then be $231,000 per store. Our target is to sign up around 300,000 retail stores in the next five years meaning that MozoX will have an opportunity to influence and be part of $69.4 Billion in total sales value. A 20% increase in foot traffic to these stores would potentially translate into over $14 Billion of extra revenue for these merchants.
Partners & Collaborators
To join the MozoX community channel follow this telegram link.
We can certainly say they are delivering on the details!
Published at Wed, 01 Jan 2020 19:18:33 +0000
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