SM@RT

Would You Support SM@RT's Consortium Subscription Membership ARR Business Model?

Would You Support SM@RT's Consortium Subscription Membership ARR Business Model?

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Would You Support SM@RT's Consortium Subscription Membership ARR Business Model?

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ASSESSING BUSINESS MODEL POTENCY AND INVESTMENT ATTRACTIVENESS

(ARR: Annual Recurring Revenue)

.......

Given that we're building a sustainability ecosystem, there are many components and revenue streams comprising our business model, which will be activated over time. For this task, we want to get your feedback on ONE aspect of our business model which is what has generated our initial revenue to date. This aspect of our business model has TWO key components/parts, as follows:

 

PT 1: SMART CITY/COMMUNITY DEVELOPMENT (PROJECTS)

We are designing and preparing to execute significant economic development project within small island developing states, leveraging innovative sustainability technology solutions and best practice sustainability management practice. Revenue will be derived from property sales, property rentals, property management, product sales and other related means.

 

PT 2: SUSTAINABILITY TECHNOLOGY SOLUTIONS (PARTNERS)

We are building a consortium of global partner companies, some startups, some more established, which have developed technology solutions in different sectors like Transportation, Renewable Energy, Aquaculture, Indoor Farming, Freight Management and others, that we can deploy in the sustainable economic development projects we undertake. These companies pay an annual membership fee to join our SM@RT DAC CONSORTIUM, in the same way that companies pay a membership fee to join the Enterprise Ethereum Alliance. The top 3 benefits to the companies who join our consortium, are:

1) They get to have their technology used in our smart city/community development projects, which means they get high volume orders of their sustainability product (whch is significant "traction" for their business)

2) They get the "enhanced market positioning" and exposure that comes from being involved in a high profile development project

3) They get access to major alternative funding in the form of "fractional presales" of their technology product/service solution, through inclusion in our 2020 Security Token Offering (STO). We will leverage a portion of our equity in the smart city/community development project, to facilitate "discounted" preorders of our partner companies' products and services.

.................................................................

STO POINTS OF NOTE

NB. During our STO, in order to get "Revenue Share" security tokens for our development projet, the STO investors will have to pre-order $X,000 worth of one or more partner companies' tech solutions, whether that is a new kind of Wind Turbine, a Shipping Container Farming System, an Electric Pickup Truck, a Sustainable Modular Tiny Home, or some other sustainability tech solution. The STO investors don't have to pre-order the full product, they can purchase a "tokenized fraction" of it. So if For Example, an investor bought say $10,000 worth of the Container Farming System which sells for $100,000, they would receive security tokens that gives them TWO OPTIONAL rights as follows:

- the RIGHT to redeem the tokens against the purchase of the container farming system in the future. This means that in the future if they want to get the container farming system, they would redeem the $10,000 worth of STO tokens,  then pay the difference of $90,000 in order to complete the purchase and take possession of the container farming system

- the RIGHT to receive quarterly or 6-month interval revenue share payouts from our sustainable econmic development project, over a period of X years

The key thing to note here is that the STO Investor would not be able to redeem an STO token for BOTH benefits. If he/she chooses to start accepting the revenue share payouts from our development project for their total STO token holding, then they would automatically forfeit the right to redeem those STO tokens for purchase of the partner company's product (in this example, the container farming system) and that product redemption right automatically transfers to OUR company SM@RT.

However, if an STO investor holds 10,000 STO tokens, they could for example, choose to stake 6,000 of their STO tokens to obtain the revenue share from our development project, leaving 4,000 STO tokens available to redeem against the purchase of the partner/consortium member company's product. They just can't exercise/activate both rights for any of the STO tokens, they have to choose one or the other.

We will be selling the STO tokens to raise US$1Billion in capital and the consortium companies will receive some of those funds as the pre-order sales revenue, ranging from US$1M to $37M depending on which consortium membership subscription they have and how many tokens were bought to pre-order their specific product/service.

IMPORTANT NOTE: Our Security Token Offering is not required to fund the smart city development project/s. We already have a major Funding Partner that will fund the development projects. The STO fundraise will allow us to buyout some or all of our Funding Partner's equity shareholding in the smart city development project, as they do not wish to retain the equity in the project long term. They have a "mass/global" social impact focus and mandate, so their strategy is to invest and sell out their equity within a year or two and re-invest those funds into the next social impact project. From an STO marketing standpoint, having a major funder and a sovereign government on board with our development project, will very likely attract many institutional and HNWI investors to our STO.

.................................................................

Here are the SPECIFIC FEEDBACK QUESTIONS we would like you to answer for this task:

FIRST, please review the full SM@RT DAC consortium value proposition and membership pricing on the Consortium promotional website here: https://www.smart-dac.tech. Then please answer the following questions:

(PS. Feel free to be quite frank and direct, no offense will be taken. This is a learning exercise for us and we can't learn what we need to learn if you "sugar coat" your responses.)

.......

(1.) For the various sustainability focused companies globally that are trying to get their new sustainability technology solutions into the global marketplace... 

WOULD YOU consider our Consortium Membership Value Proposition to be a compelling one for them?

If Yes, Why?

If No, Why not?

.......

(2.) If you yourself were one of the owners of a sustainability startup with an innovative new sustainability technology solution of some kind... 

WOULD YOU be interested in purchasing a consortium membership based on the total value proposition explained on the consortium website and membership brochure, and the available "business" membership pricing/options offered? 

If Yes, Why?

If No, Why not?

.......

(3.) As a serious blockchain/crypto enthusiast, knowing what you know about SM@RT's business development plans, our consortium membership revenue model, or sharp focus on accelerating sustainability transformation, and our strategic smart city development projects... IF YOU WERE UNEXPECTEDLY GIVEN THE OPPORTUNITY to privately acquire as little as US$100 worth of shares in SM@RT (or optionally more) at this early stage of the company's development (revenue traction of just over $140K in consortium membership sales to date), where you could "optionally" resell those shares to the company in 6 months for a 50% return or in 12 months for a 100% return (share buyback), and where the company's ability to buyback the shares in 6 or 12 months comes from new sales of consortium member subscriptions...

WOULD YOU be inclined to purchase at least $100 worth of shares?

If Yes, Why?

If No, Why not?

.......

(4.) We would like to have follow up Email or Skype dialogue with some of you regarding your feedback. 

WOULD YOU be open to that?

If you would, please send an email with your real name and email contact details to admin@smart-dac.com, then simply type "YES, COMPLETED" as your answer to this question. If not, simply type NO. (There is no penalty for saying no, in terms of the rewards you will receive here on Crowdholding).

.......

Thank You,

The SM@RT Team

......................................................

SM@RT INC is a Blockchain and Sustainability Focused, Business/Economic Development Company, working to accelerate sustainability transformation globally. This is being pursued within the ambit of our corporate mandate and mission as follows:

"Financing and Accelerating the achievement of the Sustainable Development Goals"

........................................................





61 COMMENTS 192 VOTES

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I read through the brochure.  I made a mistake with my earlier submittal--the STZ a company receives upon joining will not have to be used for the marketplace as crypto-cashback.  Instead, they will have to buy more.  Will they have to buy it at or close to the current value of it?  If so, the marketplace doesn't seem like a good deal for them.  They will have to offer up to 100% crypto-cashback to buyers, right?  Doesn't that mean that they will have to buy the STZ, then give it back to those who buy their products in an amount that's almost the value of the products?  If so, this means that they will buy, say, twenty dollars worth of STZ at fifteen dollars (I'm applying a 25% discount), then give it to someone who buys their product at twenty dollars, if that person merits 100% crypto-cashback.  So...they will spend fifteen dollars for someone to buy a twenty dollar product.  Unless that product costs them less than five dollars to make, they will lose money.  Or am I wrong?

2 months ago

SM@RT INC. new user

Yes Grace, you are wrong but we will address that with you soon. It has to do with "custody" and other "considerations". When a prospective members focuses on a particular value component in the membership value overview, like STZ + the Marketplace (such as you have focused on), we then engage them in dialogue about that particular component and provide more details that are not in the consortium brochure or on the website.
.......
Selling the memberships is a two-way "consultative/assessment process" to determine MUTUAL fit. No company purchases any of the membership subscriptions without first having dialogue with us over at least a 2-3 week period at a minimum.

2 months ago

I would consider this...a somewhat compelling offer.  However, there are a number of questions that I would need to have answered before I could consider it a good idea to join.  For one thing, STZ.  How will the value of STZ be determined?  Will it fluctuate like most cryptos, or be a stablecoin?  Will it be available on exchanges?  You say in the Affiliate program picture that 5000 STZ is "Like $5,000".  If that is true, if 1 STZ is approximately one dollar (and stable), the crypto cashback you offer to companies is worth 10% of what they invest yearly in membership.  Is that correct?  If so, it seems like an OK deal from that angle, but not great. Furthermore, if one dollar is the target value, then the amount paid to CEOs is, in my opinion, too small.  And it takes a bit of legwork to figure out the value of the crypto, when viewing the page; I'd make it clearer, if one dollar is, in fact, the target value.  Also, what are companies supposed to do with this currency?  How will it help them?  Can they use it to grow their businesses?  Will they be able to, or have to, use it to incentivize purchases from them in the marketplace?  That point is not too clear either.  Also, what is your customer service like?  How will companies contact you after joining?  And also, how will they have to pay back the funding you acquire for them?  Will they have to pay back the entire amount, including your share? 

I foresee problems with STZ if it is not a stablecoin.  If the value goes up, and then down, customers who receive crypto cashback when buying from your marketplace when the value is up will feel cheated when it goes down.  If the value just goes down, your member companies will feel cheated.  And if they, in fact, need to use it to incentivize purchases in the marketplace, they will not get enough purchase volume for the crypto they provide if the value of the coin goes down. A few more questions--how is STZ created?  Is it on a blockchain?  If it is created by mining, who will mine?  If you create it out of thin air, instead, when purchases are made in the marketplace or you're paying affiliates or when companies join and you need to pay them their STZ, how will you prevent inflation?  

I would need to have these questions answered before deciding whether to recommend joining, or whether I myself would join.  I would be somewhat interested in the $100 investment offer you outlined, but you say we would be receiving "shares" in the company.  I would rather receive STZ..., IF you can convince me the value will go up.  

As for your last question...YES, COMPLETED.

2 months ago

SM@RT INC. new user

Thank you Grace for your feedback/answers on this task.
It is clear that you have given significant thought to the subject matter.
.....
If we were to explain every nuance of every value element and program we mentioned in the brochure, the document would be more than a hundred pages and not many persons would be inclined to read it. This process helps us to understand what most people focus on as they evaluate the value of joining our consortium. We believe that most companies will join because of 2 or 3 points of value that they think are very important/compelling for them and will not need to find everything extremely valuable, in order for them to decide that its worth their while to join.
......
Thanks again for your contribution (and your follow-up note). We'll analyze your responses and address them with you soon.

2 months ago

Abdul Rozak new user

(1) I can see this as something that has the potential to benefit them as they move towards the launch, and so on.

(2) You definitely need a certain level to justify membership fees. But if I am ready to improve, I can see the benefits in it and the benefits.

(3) Maybe not. But I prefer to invest in interesting technology, and retail crypto investors and blockchain fans, this opportunity is not too exciting for my thirst.

(4) No. But good luck with what you have achieved. Maybe ask for one of your help to restart energy.

2 months ago

1. Yes, the principle is quite good even though I don't really have enough information and background to make a solid and convincing view.

2. No. I prefer to see how progress begins before personally investing my business in a hypothetical setting.

3. Yes, a small amount will be worth the investment bet but not less than $ 100

4. No, I am not in a position to take advantage of what is at the moment.

2 months ago

ezra levinger new user

Personally I like the idea, I do not have funds to invest in a project of this scale. 

If I did have the funds I still would be dubious, from all of the people I have ever talked to about investing in renewable energy consortiums and the like, 99% did not do well!

For smaller companies trying to break out into the market of renewable energy, construction, farming, aquaculture etc. this does seem like a good fit. 

I would pay for the membership for exposure, getting on the  sto blockchain would also have advantagage 

i would love to acquire 100 worth of sto I can’t say if I could afford it, most likely not at the moment. I would also probably just hodl them instead of getting the buy back option!

I would be willing to talk or email more of my opinions would be helpful, I do fully support the idea behind your project. 

2 months ago

Very interesting idea. Ilike your project and wish you all the best.

WOULD YOU consider our Consortium Membership Value Proposition to be a compelling one for them?

YES.  proposal is interesting and motivating. Good business for both companies.

WOULD YOU be interested in purchasing a consortium membership based on the total value proposition explained on the consortium website and membership brochure, and the available "business" membership pricing/options offered? 

YES, but only if you get strong sponsor who is willing to invest in project

WOULD YOU be inclined to purchase at least $100 worth of shares?

YES, but only if I am sure that is not ponzi sheme.

WOULD YOU be open to that?

NO

2 months ago

SM@RT INC. new user

Hi Bruno, thank you for taking the time to share your feedback on the task.
We hope you'll contribute to future tasks as well.

2 months ago

(1.) For the various sustainability-focused companies globally that are trying to get their new sustainability technology solutions into the global marketplace... 

WOULD YOU consider our Consortium Membership Value Proposition to be a compelling one for them?

Yes, It can be.

If we look from a well-developed companies perspective then they will for sure take part in your consortium membership, because they don't care about how much money it will cost them but they will look at the big picture. By becoming a member of consortium they will get benefit by funding program, pre-order program, affiliate program, e-commerce program, and loyalty program and this is what a big company afford to do as they will get in return the services they will get in response and it can expend their business at a large scale.

But from a small companies perspective or start-up companies who want to expend, I think they will avoid the consortium membership, despite they know it will benefit them but if they somehow find the funding or investor I think they will go with your membership plan.

There is a better solution that can be arranged rather than making different membership tiers.

(2.) If you yourself were one of the owners of a sustainability startup with an innovative new sustainability technology solution of some kind... 

WOULD YOU be interested in purchasing a consortium membership based on the total value proposition explained on the consortium website and membership brochure, and the available "business" membership pricing/options offered? 

No, because as a startup companies I would be willing to do everything on our own rather than taking benefit from a company to whom I have to pay to become a member, but If I would somehow find a sponsor who would invest and invest because he believes in our ideas and want to take benefit from all the services that you will provide, then I will for sure invest

(3.) As a serious blockchain/crypto enthusiast, knowing what you know about SM@RT's business development plans, our consortium membership revenue model, or sharp focus on accelerating sustainability transformation, and our strategic smart city development projects... IF YOU WERE UNEXPECTEDLY GIVEN THE OPPORTUNITY to privately acquire as little as US$100 worth of shares in SM@RT (or optionally more) at this early stage of the company's development (revenue traction of just over $140K in consortium membership sales to date), where you could "optionally" resell those shares to the company in 6 months for a 50% return or in 12 months for a 100% return (share buyback), and where the company's ability to buy back the shares in 6 or 12 months comes from new sales of consortium member subscriptions...

WOULD YOU be inclined to purchase at least $100 worth of shares?

Yes, I will and it is because I liked the idea of SMART.

(4.) We would like to have followed up Email or Skype dialogue with some of you regarding your feedback. 

WOULD YOU be open to that?

YES, COMPLETED.

2 months ago

SM@RT INC. new user

Muhammad, thanks for participating and sharing your feedback.
Interesting perspective. All noted.

2 months ago

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2 months ago

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2 months ago

Igor Silverio senior

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2 months ago

.......

(1.) For the various sustainability focused companies globally that are trying to get their new sustainability technology solutions into the global marketplace... 

WOULD YOU consider our Consortium Membership Value Proposition to be a compelling one for them?

- Yes, the value proposition is interesting and motivating, especially for large companies. Looking at the premiums exposed, it seems like good business for both companies and state projects operating in the field of energy, welfare and sustainability. However, as long as all the mechanisms for the development of real estate projects in each region are known.

.......

(2.) If you yourself were one of the owners of a sustainability startup with an innovative new sustainability technology solution of some kind... 

WOULD YOU be interested in purchasing a consortium membership based on the total value proposition explained on the consortium website and membership brochure, and the available "business" membership pricing/options offered? 

- As I said before, I would need to have a high level company for those membership fees.  But if I was ready to expand it, I could see benefits in it. Anyway, before entering, I would prefer to get a little more information about the product first.

.......

(3.) As a serious blockchain/crypto enthusiast, knowing what you know about SM@RT's business development plans, our consortium membership revenue model, or sharp focus on accelerating sustainability transformation, and our strategic smart city development projects... IF YOU WERE UNEXPECTEDLY GIVEN THE OPPORTUNITY to privately acquire as little as US$100 worth of shares in SM@RT (or optionally more) at this early stage of the company's development (revenue traction of just over $140K in consortium membership sales to date), where you could "optionally" resell those shares to the company in 6 months for a 50% return or in 12 months for a 100% return (share buyback), and where the company's ability to buyback the shares in 6 or 12 months comes from new sales of consortium member subscriptions...

WOULD YOU be inclined to purchase at least $100 worth of shares?

- After all, $100 is a decent amount to earn something, it's not very risky. So I could consider buying a share for $100.  

.......

(4.) We would like to have follow up Email or Skype dialogue with some of you regarding your feedback. 

WOULD YOU be open to that?

- Not yet, I don't think I'm at the right time to do it. Anyway, I hope the best for your project and that soon I can answer this question with a yes :)

2 months ago

SM@RT INC. new user

Hi Adrià, thanks for your thoughtful feedback.
.......
More information is always provided to prospective consortium members as they typically have a number of questions they need answered before they actually apply/join.

2 months ago

Karen M guru

Adria, just wanted to let you know, I said no to Skype because I didn't feel qualified enough. But I said yes to email. The admin did email me to clarify something I said, it was very easy to do. So you may want to consider just doing the email portion

2 months ago

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2 months ago

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2 months ago

@ SM@RT INC

We had just recently here a company which seems quite in line with your project and could perfectly match a potential partner for the Sm@rt sustainability technology solutions consortium, have a look here:

https://www.crowdholding.com/project/317/task/818/help-us-design-better-token-economics

https://ico.saiterm.com/?utm_source=crowdholding&utm_medium=task&utm_campaign=Crowdholding%2C%20web

On the second link you see that this company implements the Crowdholding task widget, could also be interesting for your company website, contact Ethan ;-)

2 months ago

SM@RT INC. new user

Thanks Thomas, great to see what that company is seeking to do. However, we don't take companies into our consortium that:
a) have a token based reward model that will likely cause confusion with our own token reward system
b) are doing any kind of token sale (legal reasons)
.......
Noted re the widget, but we prefer to keep our activity on CH limited to this platform. This is a strategic business development decision because our business model is very different from that of the usual blockchain startup.

2 months ago

Yes I agree that your business model is very different from the usual blockchain projects. Serious intentions and a big vision! Wish you good luck!

2 months ago

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1. The value proposition could be interesting since you incentivize with up to 100% crypto cashback, but on the other hand the membership premiums are quite hefty, but depending on who you target, it could be completely in range, for example the city membership is quite affordable, for a corporation all the business memberships are a steal.

2. To me it is not clear, what is in the membership, at the moment (Sm@rt will provide more details?) it seems like a mystery box. I tried the order process, in the expectation to get some more information on the services, but it works like any other e-commerce site, if I tried the Government package, also there I would have to pay 250k with credit card upfront. I doubt that any business would buy a package without having more details upfront.

3. Seems to me personally a quite appealing offer, since 100$ is not that much to worry about, on the other hand the reward is not that much to get excited either. So I would prefer a model where I can invest 100$ or more in this early stage, but not having to resell my stake for just 50%-100% profit, but I would rather like to keep the stake for some years to see Sm@rt mature and sell the stake later on or to receive steady dividends.

4. YES, COMPLETED

2 months ago

SM@RT INC. new user

Thanks for commenting Thomas.
.......
The membership brochure on the Consortium website (links were provided), outlines the value of consortium membership. We felt what is shared there is enough to inspire serious interest in becoming a member of the consortium. We don't actually expect that anyone will go to the website, read the info there and in the brochure and then pull out a credit card and pay, $8k, $14k or higher membership subscription fee. There are various details that would not be in the brochure so prospects will have questions.
.......
We expect the interested companies to contact us first with questions they have and once satisfied with our responses, would them make the commitment and purchase a subscription. It typically takes about 4-6 weeks of email exchanges and at least one conference call before the prospect company makes the purchase.

2 months ago

Completely agree that it takes time, as said already in my comment before. But I am curious, why do you have a web shop then and offer the package to be paid with credit card? I worked in company that sold machinery for that amount from websites, but we would mail, talk on the phone and then make a sales contract.

2 months ago

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2 months ago

1.Yes The principle seems sound enough although I dont really have enough background infomations to form a solid view either way.

2.No I would prefer to see how the start up progresses before personally investing my business in the hypothetical setting.

3.Yes A small sum would be worth a gamble investment but not exceeding say $100

4.No. I am not in a position to utilise at this point.

2 months ago

Karen M guru

Precise & to the point

2 months ago

SM@RT INC. new user

Thanks for taking the time to share your thoughts candidly, Lee.

2 months ago

Voke Nath new user

1. I can't say yes or know because I don't have a full opinion on Smart. I like the idea and that's really is what it is. Smart I feel does not have anything to leverage to have a measure of influence so I really don't know how it would be compelling.

2. No. Like you said it's a new start up. Personally, I prefer to minimize rise and would only engage with what's been test, tried and proved to be great for my start up.

3. Yes.i would. I would be willing to gamble that 100 dollars for a chance at gaining something.

4.Yes

2 months ago

SM@RT INC. new user

Thanks for participating Voke.
.....
I'm not sure what you mean by "anything to leverage" in this particular context, but we do have one company which has paid US$37,000, another $26,000, another $14,000 and so on. All but one of the companies made those payments without having met any member of my team in person or via a video conference. So, to part with that kind of cash must mean that they identified "clear and significant value" for their companies. However, what one person views as meaningful value, another may not, so thanks for sharing your personal perspective.

2 months ago

De Gem guru

Cryptocurrency enthusiast, avid reader, rapper and SDG advocate.

1. Yes. This is because 

  • First of all, this is the first-ever sustainable development business based consortium to be established and that comes with huge leverage. We've seen the dominance of Facebook, Youtube, Bitcoin, Uber, Microsoft, et cetera in their major fields all because of an early start and the power these creations have come to wield over the years. In a decade or two, I believe SM@RT will have that aura of power with it.
  • Secondly, being part of the first 37 member companies of the SM@RT DAC in order to be designated as a "Founding Member" comes with huge credibility. As SM@RT gets bigger, references, opinions, suggestions and decisions of "founding members" will also get bigger. In the long run, being a founding member is an achievement - one you don't have to work so hard for but just pay a little amount to get. Looking at all of this in the long term, the Consortium Membership Value Proposition should be a compelling one.
  • When we take a look at a "ready market" for any product, finding, searching and/or creating one can be very hectic, sometimes very expensive and time-consuming. The Consortium Membership can eliminate or drastically reduce this problem given the high possibility of high volume orders their sustainability products can get and the enhanced market positioning and exposure. I mean being associated with the Coca Cola brand brings more exposure than the Despite Group of Companies.

2.  Yes (for the same reasons listed in answer 1 above) and no (if my startup couldn't come up with the funds to purchase a consortium membership. We'd have planned for it later.


3. --- Yes, I would gladly have acquired $100 worth of the shares. To an extent, I wouldn't even sell my shares because they'd sure accrue over some 3-7 years. 

    --- No, if I didn't have the money on me at the moment.


4.  Yes, I'm open to an email dialogue. I sent you an email and my email is gemsonlinemarketing@gmail.com

2 months ago

SM@RT INC. new user

Thanks De Gem for your considered feedback.

2 months ago

De Gem guru

Cryptocurrency enthusiast, avid reader, rapper and SDG advocate.

I haven't received any email from you guys yet. Do you still plan on having the dialogue?

2 months ago

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2 months ago

1. Let me see.. I think it is not considered as a strong suggestion. Because the proposal of the Sm@rt DAC consortium is not yet concrete, it may seem like a cloud. How do you run real estate development projects in the Caribbean region? You said tha the smart city construction fund will be provided by selling STO, but who can guarantee it? As I got your programs such as Funding, Pre-Order, Affiliate, E-Commerce and Loyalty, it will take a very long time to carry out those programs.

2. Yes, I have a clear interest. However, as mentioned above, there is no specific contents. More accurate and detailed informations about Sm@rt DAC consotium should be needed for investors.

3. I would buy a stock $ 100. That's because it's a small amount of risk.

4. Well, I can not say yes yet.

2 months ago

SM@RT INC. new user

Hi Changsung, thanks for your feedback.
.....
We actually DIDN'T say that the smart city construction would be funded via the STO. We said that it will be funded privately, while the STO will fund the "buyout" of part or all of the private funder's equity in the project, depending on how much is raised via the STO.
.....
Noted re your point #2. Indeed the info on the SM@RT DAC website and brochure is tailored toward the companies who will join, not toward "investors".
Again, useful feedback for our consideration.

2 months ago

Yes Agreed!

The Locksmith Near Me are available at your services for 24*7. You can contact them with our toll-free helpline number.

2 months ago

Karen M guru

1. I believe it would be compelling to larger companies, but not smaller ones due to the cost of membership. Also many municipalities would.not be able to fit that fee into their budget. This would.be geared toward big corporations.

2. If I was a startup, I think I would need funding or a grant of some type to pay the membership fee. I would try to obtain this because I think it would be very valuable to my business.

3. I personally, would wait to invest $100 until I read more about it & learn what others have to say.i don't easily part with my money.

4. I would be open to follow up email but not Skype dialogue. I don't feel I know enough about this to Skype on the subject.

Just an extra note- I don't think  this was an easy  task. It was a lot to read and I had to go over it a few times.

2 months ago

SM@RT INC. new user

Thanks Karen, for your considered responses.
.....
Re 1. Yes really small companies would probably be challenged with even the first tier fee. However, if they are really keen, I believe founders would ask to pay in quarterly instalments as is provided for on all other subscriptions (brochure). If we believe they're a great fit, we would certainly accommodate them.
.....
Agreed re the municipalities, but we think its important that we assign a strong "value" to their membership, so that we can leverage that value strategically in our favor as if it were "cash", via barter type arrangements - membership in exchange for filing fees, licensing and permitting fees, etc. The goal is not to shut them out but to "cement" in their psyche a premium value of the consortium membership and the resource/time-saving access it provides. As the old saying goes, "positioning", (not the size or fanciness of your gun/weapon), is the art of gunnery.
....
I must admit I just looked at my 4 questions and set it as "easy", without considering the reading involved.Good point. We will be more sensitive to this consideration in the future.
Thanks again for contributing.

2 months ago

Karen M guru

In step 4, I emailed my info for follow up, after my comments were published, so I added ' yes complete' as a separate post, but it disappeared.

2 months ago

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Tim Prior guru

Crypto / Blockchain enthusiast and investor.

Forgot to mention yesterday.  You used the same text twice here.  Wasn't quite sure how it was relevant to either an e-commerce and/or loyalty program tbh - but thought you might like to know, and edit... 

2 months ago

SM@RT INC. new user

Thanks Tim... appreciate the heads up. Its now been edited.

2 months ago

Ejay Dario guru

I'm more experience and know the circulation in this Blockchain Industry.

This comment is not available, it has been removed for violating the code of conduct

2 months ago

Karen M guru

Ejay, if you are 'more experience' as it says by your name, why do you keep stealing everyone else's words? Shame on you!

2 months ago

Tim Prior guru

Crypto / Blockchain enthusiast and investor.

Interesting read.  :)

(1)  I CAN see it being of interest to businesses and projects operating within the sustainability field.  I've been a supporter of a blockchain-based energy company for a while now, Restart Energy, and I could see this being something that could potentially benefit them as they move towards launch, and beyond. 

(2) That would depend upon how fat my war chest was.  You'd definitely need to be at a certain level to justify those membership fees.  But if I were ready to scale-up, I could see benefit in it.  

(3)  Probably not.  I can see the benefits to a business operating within the industry - but it's not really my personal cup-of-tea.  50-100% returns are decent enough.  But I prefer investing in interesting tech, and as a retail crypto investor and blockchain enthusiast, this opportunity doesn't really excite me.  

(4) Not at this time.  But good luck with it.  Maybe get one of your guys to reach out to Restart Energy.  You never know...

2 months ago

Karen M guru

Tim, Ejay Dario stole your words. He's been doing that to many posts on here. He needs to be reported every time. He is at guru level and on the leaderboard where he doesn't belong.

2 months ago

Tim Prior guru

Crypto / Blockchain enthusiast and investor.

Cheers, Karen. Talking to Ethan now. It's not earned, so yes, he/she should be removed...

2 months ago

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Karen M guru

I just came across several more posts where Ejay Dario did this. I hope he gets banned from crowdholding.

2 months ago

Tim Prior guru

Crypto / Blockchain enthusiast and investor.

Trying to wrangle a few more of us regulars moderator status. Ethan said he'll take a look...

2 months ago

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Karen M guru

I also emailed Ethan & he mentioned that you did. I sent him 6 of Ejays copied posts. They were the 6 most recent tasks. I hope if anyone sees more, they also let Ethan know.

2 months ago

De Gem guru

Cryptocurrency enthusiast, avid reader, rapper and SDG advocate.

He's copied more than that. Instead of removing him, I think his rank should be stripped off him and then he should also be given a suspension of about 6 months. Most people do not know of any penalties for plagiarism.

2 months ago

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Karen M guru

De Gem, o spent some time yesterday looking at Ejay Dario's completed tasks
Everything he wrote is stolen! I emailed Ethan. He said he's handling it, but I just checked & Ejay is still on leaderboard. Such a shame!

2 months ago

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De Gem guru

Cryptocurrency enthusiast, avid reader, rapper and SDG advocate.

Calm down. Action will be taken. I believe it will. I'm surprised though that you say all his answers are stolen. That's very serious. But he sure will be dealt with.

2 months ago

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Karen M guru

Lol. I'm calm. It's just every answer I read going back about 10 tasks, is stolen. Ethan will handle it. It's all good.

2 months ago

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SM@RT INC. new user

Thanks for your feedback Tim, glad you found it an interesting read :)
.....
Good candid feedback, duly noted. A lot of teams seem to jump to conclusions as to what people would think is a strong value proposition, whether in terms of product or investment, only to find the reality is contrary to their assumptions. So getting candid feedback from multiple people is valuable. Thanks again.
....
Re Ejay, can't imagine why a human would feel proud copying others' comments so i assumed it must be a bot of some kind as those are becoming more prevalent.

2 months ago

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2 months ago