Topic: [ANN][PreSale]🔵 Share and Token Offering - Smarts Scan&Go - Shop with Crypto🔥 - page 2. (Read 463 times)

With Smarts it will be possible to make purchases using cryptocurrency, while using your own mobile phone, very cool! What is the minimum amount to invest?

So you write that by going to the store, using a smartphone, a barcode on the product and your platform, you can pay for the goods of crypto. Will these be special stores? All stores want Fiat.

Is there any upcoming bounty campaign ?

That is completely right, my good sir. Since our platform does not ask the vendor to have any real hardware other than a server from which Smarts can broker the product details, even a small convenient store can start using it. Our main goal is to make Scan&Go available to all vendors and to make crypto an everyday currency by allowing it to be used on our platform.


It's been 'experimental' for a long time now. The main problem being that there have been no developers to build a standardized system to fit all the different Store systems, so development and implementation costs for one chain get massive. And since it is not a critical thing for stores to have it, they've yet to succesfully make a world-wide appearance.


If by Amazon, you mean their cashierless 'Go' stores, then that is a system which can be affordable only to a crazy small amount of vendors due to its hardware costs, if they even make it available to other chains.

You are right about possibly being behind, but that does not mean all stores across the globe will be able to implement those analogous systems at once, especially with the need for special hardware. Besides, getting there second isn't always a bad thing - its usually the second mice which gets the cheese : )

But in any case, with the way we've buil our platform, entering the market will be possible in a year and a half after gaining enough investments.

Which in a nutshell, your point of difference with existing tech applied in Lawson or, as you supplied the information, Sam's Club, is that your system will not discriminate stores by making them exclusive and only available for, let's say, IKEa or Wallmart chains, but even Papa Grimo's Mart that sat on the corner of our neighborhood can also adapt this?

Regarding your "heard a lot of ...", I'm not sure what you tried to say with this, but I am sure the limited amount of people who actually have tried and could point out their UX on the application is simply because the tech is on experimental phase and yet to be applied worldwide on the said chain.

This matter, however, erect another question on my mind. Your competitor, Panasonic and Amazon, already on their trial phase, and it is not impossible that they are ready to launch the system worldwide in a very near future. While your project is still on their funding phase, they will need to get through the system building, tests, etc. isn't this means you're very far fall behind?

That's a really good point you are bringing out here. There are many analogous sytems out there but most of them use special hardware for it and whats even worse is that almost all store chains try to build their own Self-service platform basically from scrach or on outdated tech and methods.

There are countless of stores using those scanners you mentioned, but why should we use extra hardware, if we have our phones?

In China, there are cashierless kiosks, where you can use your phone to pay for the products but traditional stores cant really implement this system.

In the US, Sam’s Club, is currently using their own custom build system thats gaining popularity, a system that basically works the same way as ours, but its not in any way standardized and really difficult for other stores to connect themselves with this system even if it were made available to others.

The main issues come down to the developing and integration costs as well as implementation time. Smarts has built something that is really easy to integrate and quick to set up, so even a small store can use it because of its cost-effectiveness.

Furthermore, we give the stores another method of payment to accept - cryptocurrencies. All the risks of crypto are covered by us - we will take the crypto form the customer and the store will get their money in fiat from us.

So in a nutshell:

• Very quick implementation
• standardized system that any vendor can use in a matter of hours
• cost-effective
• supports crypto

We've actually heard alot that "i've heard this thing in use somewhere", but never have they actually used it themselves.

I believe several countries already has this "technology" where customers can scan items they're buying directly from a scanner attached to the cart, and on the checkout counter, they just need to review their total value and conclude the payment which will directly debited or credited from their bank account. Never really meet the stores, but I watched some practice on Japan market and some said Germany also has this.

So, what differentiate you from them?

What will be the use of Tokens, are they going to have any value after the launch?
Rally interesting project though, will keep an eye on it.

Well, that's mighty nice of you, thanks a bunch.

Smarts STO has ended.