Watugot is a registered company in India and has been working on its project for the last couple of years while scouting for an ideal cryptocurrency that could be used as a base currency to enable transactions. Since Pi network has a huge customer database globally, they took the opportunity to reach out the product to the market in a quick span of time and both teams could benefit mutually. Processes are in place to file for Copyright & trademark.
Watugot is going to be a marketplace for retail stores to compete against each other with exciting offers & discounts. Users will be able to see offers and discounts based on location, categories, and keywords. Just like the Pi community which is global, Watugot is also going to be a global phenomenon whereby allowing users to search for offers & discounts across the globe. It primarily aims at catering to the great downfall of the retail storefronts due to a variety of reasons ranging from the e-commerce boom to the comfort offered by technology.
Retail stores find it extremely difficult to conduct ad campaigns and there is currently no good strategy in place where they can maximize their spending on advertising by Watugot offering their free services to list retail stores on our platform, they get visibility to a larger audience of the likes of 23+ million users
The app also has a feature for barter trade which will again be powered by Pi currency and the transaction cost will be the bare minimum. Users will be able to trade used and new goods against Pi thereby not only creating value for Pi but also increasing the pi community at large.
The platform will enable users to avail of discounts and offers from stores through the app and in moving forward accomplish the much larger task of accepting pi as the currency for day-to-day transactions against goods and services at tied-up stores.
Users will be able to search for discounts based on category and location and in course of time, users will also be able to earn Pi’s from the stores.
Watugot will allow users to make payments by pi at the stores which accept pi as a mode of payment.
Users will have the freedom to sign up for stores from their neighborhood on Watugot and in that way increase the number of stores on the Watugot platform where users can get offers and discounts. Users will be able to add a store using the Watugot website specially designed for this purpose besides the app. Pioneers who onboard stores onto our platform will be called Watizens and they will receive 25% of the profits we earn from that store on our platform. The more stores you add in your country, the more you can earn. The payment will be done in real-time and payments will start once we officially launch the app after beta testing.
Same-day shipping is a tough task. However, with local stores being signed up on the platform, we can showcase their entire product line with live inventory, so that users can search for products in their nearby stores and place orders on the app. By signing up with a local delivery partner we can have the goods shipped to their doorstep the very same day.
The project is made for people and it will be grown by people as they will be the force to add the retail storefronts on the app and they will be rewarded accordingly for their time and effort.
We want to make life easier for people which includes both users of Pi network and businesses.
FYI- There is currently no app on a global level allowing retail storefronts to showcase their offers & discounts for free and with a strong Pi community we can make the impossible, possible.