The SPENDER platform is a new connective platform that protects consumer data based on blockchain technology and shares the consumer’s rights to their spending data, as companies currently segregate consumers from the profit generated using consumer spending data. A large portion of consumer spending patterns now exists online, but the size of offline consumer economy is still growing rapidly.
The problem of offline consumer economy is that the consumer’s spending data is exclusively used to generate profit for certain companies. This is a detrimental problem because consumer information is made unstable and because the consumers are segregated from the profit generated using their spending data.
To solve this problem, the SPENDER platform compensates anyone in the world for providing his/ her spending data. Blockchain technology uses the consumer’s payment data to provide basic services such as: analysis of each consumer’s spending pattern, monthly spending details, and recommendation of healthy spending habits.
The points received through compensation will incite various partners to participate, and solidify the SPD’s position as the quintessential utility coin. By guaranteeing compensation for all parties – consumers, stores and companies – we will establish a fair ecosystem for the SPENDER platform.
Consumers can mine cryptocurrencies in the easiest and most convenient way. SPENDER gives a set amount of compensation to consumers for uploading receipts, with the exception of receipts uploaded for malicious purposes. This also serves as the token, and a valid receipt upload is the proof, and the consumers become miners.
As spending is connected to receipt compensation system, this forms a virtuous cycle for spending activity. Also, we redistribute sales profit to consumers, and compensate spending activity and big data ownership. We aspire to form the technological foundation of blockchain through a simple and easy system.
SPD ISSUANCE TERM
SPD ALLOCATION 1
SPD ALLOCATION 2
Completion of SPD master plan
Release of SPD Wallet beta ver. 1.0
2018 Q4 10
SPD investment and distribution - Sharing cold storage percent (%)
SPD wallet launching
Building a distribution network for three countries based in Singapore for the first time in South East asia
2018 Q4 11
Establish a domestic Block Chain vocational school
Hold domestic and international ico conference
Web page renewal
2018 Q4 12
Publish a white paper ver 2.0 Publish
Present the new fintech business
Presenting the new fintech business
Upload of road maps for upcoming business
Sharing all financial statements and sales profits with the accounting firm for the purpose of transparency
Extending partnership(5 participating countries)
Release of SPD desktop wallet
Discussion on listing a de-centralized exchange
Extending partnership (5 participating countries)
Open total exchange amount (SPD quantity) and investment and distribution quantities
Developing and complementing SPD pay solution
Fiat exchange to be listed
Meet up and live broadcast related to SPD 5 steps and values
Plan to have broadcast in three countries
SPD public show up
Plan to establish SPD subsidiaries in Europe and Block Chain friendly countries
Compose the system for the token economy other than utility token