3. LocaNFC Businesses

3.1 Introduction

LocaGo offers businesses an alternative to expensive advertising campaigns by leveraging its unique features to attract and retain customers. Providing exceptional value and unique experiences strengthens business-customer relationships and unlocks significant potential opportunities. All marketing costs can transition into profitable investments for the future.

3.2 Suitable Components to Become LocaNFCs

• These are business locations registered to become Gift Box points or utilize new-generation marketing tools.

• Locations include cafes, eateries, and service-oriented businesses.

• Businesses utilize LocaGo to attract customers for consumption and receive rewards through exploring gift boxes provided by the platform, sponsors, or themselves.

3.3 New Generation Marketing Tools

• Issuing vouchers during off-peak hours.

• Self-gifting and voucher-dropping functions are available at nearby LocaNFTs or domestically/internationally.

• Rating/comments on Google Maps.

• Increasing likes and shares on Facebook pages.

• Displaying business info on the LocaGo app and LocaAI.

• Booking for customers.

3.4 Feature of Purchasing LCG Token Gift Boxes to Attract Customers

a. Introduction

LCG token gift boxes aim to attract customers daily to LocaNFTs or LocaNFC business locations. In general, these boxes may include contributions from other businesses like vouchers, samples, or products with prices.

b. Allocation Method

In the first month from 06/2024, 2,000,000 LCG tokens are allocated daily, decreasing by 5% monthly.

1,000,000 gift boxes are evenly distributed to 1,000,000 LocaNFTs if no LocaNFC businesses participate.

Each gift box is divided into 100 portions based on user weight. Users receive portions accordingly, limited to 1 gift box per day.

Unclaimed gift boxes accumulate at LocaNFTs or LocaNFCs for users to collect, prioritized by order.

c. LocaNFC Business Purchase of Gift Boxes Combined with New Generation Marketing Tools

LocaNFC business owners buy gift box packages ($1 to $2000) per purchase.

Gift boxes are allocated as follows:

• 40% for customers who successfully purchase products or services.

• 40% for the store owner who purchases the gift box (received based on the number of customers received).

• 10% for the NFT owner if the business is within that NFT.

• 10% for the person who referred the business to purchase the gift box.

d. For every successful action by a customer, the LocaNFC owner will receive 1 LCB.

LocaNFC owners earn 1 LCB for every successful customer action.

Owners must have 5 LCBs for daily LCG amounts, or they receive 50% of the LCG amount.

LocaNFT investors or businesses can offer fee-based services to attract customers and sell products within their LocaNFTs.