[Completed] Cash-Flag: https://www.cash-flag.com

That’s right @jcdelpino , our goal is to contribute to adoption in Venezuela and Latin America while offering solutions that help Small Bussines grow

@sgcvzla.chain has been working this project for more than a year, and has become a very experienced Aeternity developer, Cash-Flag join blockchain and real use case for many. I think it is important to support efforts like this one.

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The idea is perfect and i see no issue with it at all. Also have no reason to doubt your ability to do the dapp and make it work. The two problems or hurdles i see is getting vendors on board, that is always an issue.

The second problem is the get it into ae currency. As i know most people know, trust and use bitcoin, so adoption of an unknown currency is slow and tedious.

We both know ae, but how many people in Venezuela knows ae and are there exchanges where they can buy it?

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Thanks @Whyarewehere42.chain,

Indeed, you have identified a couple of risks of the project, but I tell you that we have a commercial strategy to attract businesses with a small own sales force and a structure of strategic allies that allows us to cover the largest possible territory and grow exponentially both in quantity of users as in consumption.

In addition, as a brand, we will carry out strategic marketing actions to promote the platform, we have strategies for the point of sale or affiliated commerce, they will receive financial incentives for attracting and consuming users on the platform.

The combination of our work as a brand, the sales force, the strategic allies and the businesses in a coordinated, oriented and controlled manner will give us the expected growth.

In response to the second problem, I tell you that we plan to use AE as the base currency for the platform, when affiliating businesses, an account will be created in AE where they will have to deposit and maintain a positive balance sufficient to pay the commissions, in this sense, each new Commerce will be a new user of AE and as its business grows, transactions in AE will grow.

Generally speaking, in our country the adoption of cryptocurrencies is growing, there are many users and formal and informal exchange platforms, in addition to several payment processors, for example: Cryptoway, Basichange, All authorized exchanges, Panda, Cryptobuyer, Pundix , mPandco, Localbitcoins, Swap4me, Coincola, Ccoins

From here we want to start the business and then expand it to other countries in Latin America.

I must clarify that Cash-Flag does not intend nor is it capable of unilaterally facing the challenge of adopting AE in Venezuela and Latin America, but we can provide a reliable solution with a clear growth strategy for the community.

It is for this reason that we need support to consolidate this platform in this region.

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The app has started it first trial with real use case.

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Hello @ivanubikalo.chain , that’s right, this weekend we gave induction to the staff of our first affiliated store and we are already coordinating the induction to two more stores that will be done later this week online.
We have not been able to generate more transactions because a radical 7-day quarantine period began for COVID 19, but we will resume from next Monday 07/13

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Great! Let us now how these activities are going. @erik.chain and all @Ambassadors should see this project. :+1:

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Dear Luis ,

Your Application for the open source software has been approved by the AF Board. Thank you very much!

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thanks @lydia,

Please let me know the next steps.

Regards

Luis

Amazing news! Congratulations

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all most as soon as i started in the aeternity ecosystem @sgcvzla.chain was asking me of very technical question about integration of aeternity he has more then 25 years of experience as a java script programmer so don’t low ball him,this gentlemen brings a lot to the table!

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Part of the Cash-Flag team in our first meeting (we did it in person to deliver the tabapocas, the next ones will be digital) planning the next actions

Parte del equipo de Cash-Flag en nuestro primer meeting (lo hicimos presencial para entregar los tabapocas, los próximos serán digitales) planificando las próximas acciones

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Cash Flag is starting its commercial stage, development upgrade and marketing. This meeting was useful to check and share ideas. (and Cash Flag masks lol) Thank you Luis @sgcvzla.chain

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#UPDATE#

This diagram shows the use case of Cash-flag with Aeternity, it is in Spanish, but tomorrow I will publish it translated into English

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use case of Cash-flag with Aeternity (in english)

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@marco.chain another usecase of state channel

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That´s a great example for a real business use case on top of a blockchain, don´t know of a similar example able to catch up. I´d love to know more how the project develops and its features. For example, are some behavioral data analyses offered (such as RFM segmentation)? I couldn´t figure that out from the website. Cheers!

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Hello @MarianOnTheBlock.chain

Thank you for your comment, it has been very valuable.

“That’s a great example for a real business use case on top of a blockchain,”

Thank you

I don’t know of a similar example capable of catching up.

This is a great commitment for us

I would love to know more about how the project develops and its characteristics. For example, are some behavioral data analytics (such as RFM segmentation) offered?

I did not know the concept of RFM segmentation, I investigated it and it is very interesting, we plan to offer a very basic package of statistical reports on average ticket, frequency of visits, etc. which we will enrich as users or our team request Marketing will indicate to us, now we will include this RFM analysis also in the basic package, again thank you very much for the contribution.
We hope to continue counting on your support and we accept any suggestion that helps us generate a scalable and solid solution that helps entrepreneurs increase their Customer Life Time Value

I couldn’t understand that on the website.

the website is very basic, we are working to improve it

Cheers!

Cheers!

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I don´t know exactly what you´re planning to do, but I fully understand (and wouldn´t recommend … ) to disclose your strategic direction openly in a forum. In general I think the basic form of RFM segmentation is a good starting point for a service like yours (given your customers operate in non-contractual settings, of course) as the process is very intuitive and easy to understand for your clients, and for you and your team it´s much easier to build than a more complex CLV analysis such as Pareto/NBD or the like. Basic RFM could be a valuable feature of your MVP, and you could then pivot and refine as you enhance product/market fit. But that´s just my opinion from distant Europe. Cheers!

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Hi again @MarianOnTheBlock.chain

“…the basic form of RFM segmentation is a good starting point for a service like yours (given your customers operate in non-contractual settings, of course) as the process is very intuitive and easy to understand for your clients, and for you and your team it´s much easier to build than a more complex CLV analysis such as Pareto / NBD or the like. Basic RFM could be a valuable feature of your MVP, and you could then pivot and refine as you enhance product / market fit.”

Again, thank you very much for your opinion, we really appreciate it as it will help us to improve, if you wish write an email to [email protected] with your concerns and we will gladly clarify your doubts.