LOCALFLOW
Token Launch Soon
Visit our website to get to know the team and to know all the information on
LocalFlow. Now let me briefly summarize the project, through a very brief and intuitive explanation. The most detailed explanation can be found in the website
White Paper in which will be explained all the technologies used, the methods of our token circle and the
Use Cases. I find it useful, to explain the whole project in a pragmatic way, to try to answer all the questions that might arise to an unpublished user about new technologies regarding chatbot / blockchain etc. Our project will in fact be transversal, perfectly integrated with the new innovations in the field of IoT and understandable to anyone, even if not practical in the field of new technologies.
Why a chatbot platform?Chatbots are automatic programs that run on messaging applications (Telegram, WeChat, Facebook messenger, etc.). They are already used by thousands of companies to perform customer service tasks or to respond quickly to user messages.
Why not an APP? The app market is saturated, users (according to recent studies) would only be able to download 0-1 apps a month while the attention paid to the messaging application is growing. We want to be present right here, where the attention is higher and where the method of communication is more fluid and effective for everyone.
What do we have more? Our chatbot will implement an architecture with Artificial Intelligence (R.A.N.) in order to understand what users are asking for using a natural language. This will allow us to use our service easily and without learning a line of programming language or complicated instructions.
Every owner of a company / local or any user who wants to publish a business (both public and private, both free and paid) can use our platform to create in a few simple steps a personalized chatbot that responds to customer questions, which allows you to book or sell the service or product you want to offer to the market.
How will any user find my chatbot?The platform will contain a search engine to search for the requested service and ONLY in the required area. I give an example:
User writes a normal chat message to LocalFlow:
User: "whiskey and jazz in Berlin"
LocalFlow: here are some clubs that offer what you requested:
- Gin cocktail bar, Postdamerplatz, Berlin. Link to the chatbot
- Vice bar, Otto-Braun strasse, Berlin. Link to the chatbot
- Berlin jazz club, Alexanderplatz, Berlin. Link to the chatbot
- ...
User enters the chatbot of the "Vice Bar" of Berlin, the user can formulate any of the requests made available by the local:
- price list and services
- book a table for 2 people
- offer 2 cocktails for 8 euros valid until 23:00
- buy concert ticket
- info on the venue, timetables, etc.
- ...
With a few simple steps, the owner can customize his chatbot or even allow other users to optimize it through a reward.
The search will be possible through the
MAM (Masked Authenticated Messaging, already used by Bosch in collaboration with IOTA) offered by IOTA, ensuring that all messages are automatically encrypted and transported safely. Any data, message or information will travel in parallel with the Tangle (the IOTA blockchain) making it accessible and decryptable ONLY to those who have permission from the owner of the information.
Why local and not global? How can my business benefit from this?In this age in which information is always faster, connected and global we want to focus people's attention on what is happening around them. The Internet is the fastest and most complete way to search for information, but how many of these focus users' attention on local activities? How often do you not know what is happening in the city or do not know that a local makes a certain discount or initiative on a certain day? Advertise your content on activities / offers etc. it is very complex, as the market is increasingly saturated with information. To increase their visibility, companies are forced to hire new professionals in the field of web marketing, social marketing, web design, etc. with the risk that users do not even view their contents because they are tired of heavy and obsolete applications or large websites. Our search bar will show the events or activities located only in the requested area and will manage the information you want to give it with the maximum privacy possible. It will not push you to put like a page, it will guide you to activities and / or events you've been looking for even once.
Local businesses can then sell their products or offers directly from the chat rooms, using payments in fiat euro dollar (by credit card) or via cryptocurrency (IOTA or EWA). EWA is our ERC223 token based on the Ethereum smart contracts.
Why do we use blockchain and smart contracts? Why IOTA and EWA?The platform will be connected to the
Tangle (the decentralized ledger of IOTA) to offer an updated service with new technologies and perfectly in line with our purpose. The transactions will be regulated by smart contracts, they will allow you to customize your offers and reward users who advertise or share the chatbot of our local. IOTA is a cryptocurrency that circulates on a distributed network: the tangle. By its nature the IOTA token circulates with commissions of 0%, avoiding the commissions of all the other blockchains and ensuring a more sustainable, secure and more compatible network with the IoT (Internet of Things). I want to create an event that can start with a minimum of 30 people? Users who want to book / sign up for the activity will anticipate the money that will be blocked in our system. If the event collects less than 30 accessions, the money (fiat, IOTA or EWA) will be returned to the users, while if there are 30 or more participants the payments will be released after confirmation via GPS (user request and not automatic) first participants. All this to avoid fraud events or activities and to define the traffic of the real participants and not of the users who "would participate" without actually being present. The payments in IOTA compared to those in fiat (EUR / USD) will be incentivized as they are subject to a 0% fee, while payments in EWA will be further incentivized with additional discounts on the transactions. There will also be an IOTA / EWA / FIAT converter in its wallet to simplify the understanding of the mechanism and the exploitation of the service.
The smart contracts will also be used to distribute the rewards to all users who will encourage and share within the groups the use of the chatbot.
The owner of the local business will be able to allocate funds for advertising that can be distributed among all the members who will be able to bring real members to use the chatbot or to participate in the proposed events / activities. We call "Influencers" these users who encourage activities by sharing them within the network. Any improvements, both technical and commercial, will be rewarded within the platform.
Any user who adheres or helps to increase the visibility of my event / activity / venue will be rewarded at 0% commission and without disadvantage to other users. See some examples of usage from the
use cases. A network, the tangle, which allows any local or business to offer services without the need for any intermediary, quickly, economically and transparently. A transparent, economic and fast network constantly updated with the technology that will be the main protagonist of the next web 3.0.
Local Flow will be the next ICO born from an Italian project (more precisely of Padua), and with international scope, which wants to revolutionize the way we communicate.
The world is increasingly connected to the Global allowing an increasingly frenetic and controlled exchange of information. Our idea is to shift users' attention from the global world to the LOCAL world and to what happens next to them.
All types of payment (FIAT, ETH, IOTA) will be available, encouraging more and more users to make and receive payments with IOTA token to fully exploit a decentralized 0% fee network.
Local exchanges, without commissions, safe and immediateLocalFlow is a platform for creating fast and effective chatbots, deeply connected to local services, businesses and activities.
Boost local microservices: Promote your business and your activities, bringing offers and services directly to chats.
Incentive genuine activities: receive EWA tokens by contributing with chatbot modules, sharing activities and organizing meetups.
Perform zero-fee transactions: pay for local services and goods in IOTA. Track your transactions and convert value between EWA, IOTA and fiat currency.
High confidentiality benefit: communicates in the local ecosystem through IOTA's 'Masked Authentication Messaging'. Your data will only be shared if you want it (and get EWA token in return).
In the White Paper all the detailed information on the technologies used (chapter 4), all examples of how money would circulate (chapter 5) and all the complete information about the project. The ICO and token launch will start in the first quarter of 2018 and the first version of the platform already the first months of 2018. Our team is expanding and is gathering more and more advisors (Stefano Della Valle and Yessin Schiegg) and funds, trying to expand the pool of partnerships.
Stay tuned @
LocalFlow.network
Best regards,
LocalFlow Team
