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Empowering a Global Movement of
Local Service Businesses & Consumers
An off-peak deal protocol powered by AI, blockchain, off-peak incentive currency, and a decentralized community.
The Problem
Mitigating revenue losses during off-peak periods is a vital problem for local small service businesses. These businesses lack the technologies, resources, etc., to find loyal off-peak consumers while facing overwhelming competition from global mega-chain companies.
The Solution
We proposed an elegant solution that tackles the problem comprehensively. The proposed solution would implement a Proof of Loyalty, Tokenized Subscription Deals, Off-Peak Incentive Currency, AI Dynamic Pricing, Decentralized Community, Shared Risk-Reward.
The Technology
The solution uses blockchain to tokenize real-world service deals into Subscription Tokens. It implements a strategy using airdropped LSIC and our Proof of Loyalty consensus to build a massive opt-in mission-driven consumer lead database. AI integration will dynamically price deal tokens in real time. At the same time, smart contracts would enforce the solution's shared risk-reward validations, ensuring benefits for businesses, consumers, and LSIC holders.
Explore The Project
The Project Explained...
Service Deal Tokenization
The Service Time tokenization process enables local businesses to convert their service deals into a tradable blockchain asset. This process entails embedding the metadata (price, discount, service type, etc.) into a token.
AI Dynamic Pricing
The Service Time dynamic pricing algorithm would integrate AI with real-time data gathering oracles to determine deal prices based on supply, demand, and other factors.
Proof of Loyalty
Service Time's Proof of Loyalty is the protocol's consensus used to identify and score consumers' loyalty to a local service provider. This consensus uses wallet reputation, conviction survey, loyalty education, consumer effort, etc.
Subscription Token Model
Subscription Token is a feature that enforces consumer loyalty and long-term engagement. Purchasing a single subscription token entitles the buyer to multiple deals for the same service, for several off-peak periods.
Dual Reseller
The Service Time Solution introduces an innovative concept called Dual Reseller. It enables two separate salespeople (service provider or consumer) in different marketplaces to resell the same deal token at a higher price before its consumption deadline.
Join Our Community
The SERVICE TIME community includes a mix of contributors, all of which can reap rewards via an innovative off-peak deals exchange.
Providers
A provider in the Service Time community is a non-chain-operated local service business that firmly believes and shares the mission, vision, and ethos of the Service Time ecosystem. The ecosystem offers providers unique value propositions. Learn More »
- Utilize Off-Peak Periods
- Improve Sales Efficiency
- Boost Revenue
Consumers
A Service Time consumer is a community member who firmly believes and shares the Service Time ecosystem's mission, vision, and ethos. In addition, this community member also opted to support local businesses by receiving deal alerts and purchasing service deals tokens from local businesses. Learn More »
- Discounted Services
- Resale/Auction Income
- Ecosystem Ownership
Ambassadors
Ambassadors are community members motivated to evangelize and advocate for Service Time because of the Service Time ecosystem's ideals, mission, vision, and ethos. These community members freely offer their time and service in various capacities to aggressively advance the ecosystem. Learn More »
- Events & Meetups
- Referral Program
- Onboarding Promotions
Partners
Service Time partners are external organizations or entities collaborating with the project to drive mutual growth, enhance technological capabilities, expand market reach, or achieve other objectives. Learn More »
- Strategic Collaboration
- Marketing and Outreach
- Resource Sharing
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