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PSC - The ProductShare Checkout
A Revolutionary Web3 Checkout and Cashback Protocol
ProductShare Checkout offers an innovative checkout solution that transforms traditional e-commerce experiences. It leverages blockchain technology to provide a decentralized platform where customers and vendors not only transact but also share in the ownership and profits of the ecosystem through the StakeShare governance token.
The Problem: An Out Dated E-Commerce Landscape
PSC acts as a bridge between the familiarity of e-commerce and the innovation of Web3. By integrating BlockChain, social sharing rewards and ownership opportunities into the shopping experience, PSC incentivizes user participation in Web3 adoption driven by everyday online purchases.
Traditional e-commerce platforms have several limitations:
- High Transaction Fees: Customers face high transaction fees that eat into their wallets.
- Limited Customer Rewards: Loyalty programs often offer little to no rewards, failing to incentivize repeat purchases.
- Zero Profit Distribution: The majority of profits flow to platform owners, with little shared value for customers and vendors.
- Lack of Social Engagement: Platforms struggle to foster meaningful connections between customers and Vendors.
These factors contribute to a disconnect within the e-commerce ecosystem. Customers want better value and rewards, while vendors struggle to stand out in a crowded marketplace.
The Solution: ProductShare Checkout Protocol - A Win-Win Ecosystem
PSS addresses these challenges head-on by introducing a community-owned and governed web3 payment protocol that redefines e-commerce interactions.
Here's how PSC fosters a win-win for all participants:
PSS addresses these challenges head-on by introducing a community-owned and governed web3 payment protocol that redefines e-commerce interactions. Here's how PSC fosters a win-win for all participants:
- Empowering Customers:
- Earn StakeShare tokens for every purchase, granting ownership in the PSC ecosystem.
- Receive 33% cashback rewards for sharing purchases on social media, driving sales for vendors and earning commissions.
- Participate in community governance through voting on proposals that shape the future of PSC.
- Contribute to positive social change through community-directed social impact initiatives.
- Empowering Vendors:
- Reduced transaction fees compared to traditional platforms, increasing profit margins.
- Increased sales driven by the social sharing incentive, attracting new cand repeat customers.
- Build stronger relationships with customers through direct engagement and personalized marketing opportunities.
- Gain ownership in the PSC ecosystem through StakeShare tokens, aligning their success with the platform's growth.
- Tapping into an almost untouched Web3 customer base.
- Fostering Social Impact:
- A portion of PSC's profits are allocated towards social impact initiatives chosen by the community, promoting positive change.
- Customers can contribute directly to causes they care about through their purchasing power
The PSC Protocol: A Frictionless Shopping Experience
PSC offers a seamless and rewarding shopping experience for both customers and vendors.
Here's a breakdown of the core functionalities:
1. Effortless Checkout: The "PS Checkout" integrates seamlessly into existing e-commerce stores.
2. Secure Login & Payment: Customers securely log in with their PS account (web3 wallet or username/password) and choose a convenient payment method (ShareCash balance, credit/debit card, web3 wallet).
3. Fair Distribution: Rewarding Everyone
ShareCash is distributed in a demonstrably fair manner, ensuring everyone benefits:
- Merchant Focus (97.7%): Goes directly to the vendor's wallet. This prioritizes merchants, ensuring they receive the bulk of the transaction value.
- Ecosystem & Impact Fund (2.3%): Goes to the PS Treasury. These funds fuel PSC's ongoing development, drive essential ecosystem initiatives.
- Shared Rewards & Engagement (1%): Goes to acquire StakeShare tokens from the open market. These tokens are then split equally and deposited into the customer's and vendor's wallets.
4. Social Sharing: Upon successful checkout, users receive unique ShareLinks for each purchased item. Sharing these links on social media unlocks the 33% cashback reward in ShareCash when someone buys through the link.
5. Real-time PSS Dashboard:
Users are instantly notified of their StakeShare rewards balance which encourages further engagement.
The PSC Ecosystem: A Hub for Collaboration and Growth
PSC fosters a thriving ecosystem with dedicated dashboards for both users and vendors
A Web3 Hub for Collaboration and Business Growth
- User Dashboard:
- View purchase history and manage ShareLink statistics (clicks and purchases).
- Withdraw ShareCash to bank accounts or use it for future purchases.
- Stake/unstake StakeShare tokens to earn passive income from profit sharing.
- Track historical distributions (profit share, cashback, staking rewards)
- Vendor Dashboard:
- Manage product listings and integrate seamlessly with existing stores.
- View order history and track sales performance.
- Connect bank accounts for efficient payout management.
- Stake/unstake StakeShare tokens to align their success with the platform's growth.
- Access analytics tools to gain insights into customer behavior and optimize marketing strategies.
The Power of StakeShare: Governance and Rewards
StakeShare (PSS) is the heart of the PSC ecosystem, serving as a governance token and a representation of ownership stake.
Here's what PSS unlocks for its holders:
- Community Governance: PSS holders have the right to vote on proposals that shape the future of PSC. This includes decisions on:
- Platform development roadmap.
- Fee structures.
- Allocation of social impact funds.
- Integration of new features and functionalities.
- Profit Sharing: A portion of PSC’s profits are distributed proportionally to PSS holders based on their staked amount. This incentivizes long-term participation and aligns user interests with the platform's success.
- Discounted Fees: PSS holders enjoy lower transaction fees on the PSC platform, further enhancing their shopping experience.
- Exclusive Access: Holding PSS grants access to exclusive features, such as early product launches, limited edition merchandise drops, and special community events.
Tokenomics
StakeShare Total Supply: 333,333,333 PSS over the next 10+ years (starting from 2024).
Distribution:
Its Important to note: Tokens are only minted when needed. Circulating supply will be low. Initial Market Cap will be roughly $500K
33% to Customers Circle Group
- 3% Allocated to Private and Presale offering
- 30% locked for customer/vendor incentives and staking rewards to be emitted over 111 months in equal increment of 950K PSS per month and distributed to staked token holders
33% to Co-Creators and Company Treasury
FOUNDERS AND ADVISORS | <S 66,666,666 | 20.00% |
FUTURE EMPLOYEES | <S 33,333,333 | 10.00% |
COMPANY TREASURY | <S 11,111,112 | 3.33% |
33% to Community Causes
- To be minted over 111 months upon approved proposals from the token holders.
- 20% reserved for Founders and Advisors vested over 55 months
- 33% locked for social impact and community initiative that are selected by the token holders through a democratic proposal process
CUSTOMERS CIRCLE(CATEGORY) | TOKENS ISSUED (PSS) | SUPPLY (%) | VESTING PERIOD(Months) |
PRIVATE SEED SALE EARLYBIRD | <S 500,000 | 0.15% | 22 |
PRIVATE SEED SALE | <S 4,500,000 | 1.35% | 33 |
PRESALE | <S 606,060 | 0.18% | 0 |
STAKING REWARDS AND PURCHASE INCENTIVES | <S 105,505,051 | 31.65% | 111 |
SUBTOTAL | <S 111,111,111 | 33.33% | |
COMPANY & CO-CREATORS(CATEGORY) | TOKENS ISSUED (PSS) | SUPPLY (%) | VESTING PERIOD (Months) |
FOUNDERS AND ADVISORS | <S 66,666,666 | 20.00% | 55 |
FUTURE EMPLOYEES | <S 33,333,333 | 10.00% | 55 |
COMPANY TREASURY | <S 11,111,112 | 3.33% | 55 |
SUBTOTAL | <S 111,111,111 | 33.33% | 55 |
COMMUNITY CAUSES(CATEGORY) | TOKENS ISSUED (PSS) | SUPPLY (%) | VESTING PERIOD (Months) |
FIRST GRANT TO COMMUNITY CAUSES | <S 8,888,888 | 2.67% | 111 |
SECOND GRANT TO COMMUNITY CAUSES | <S 11,111,111 | 3.33% | 111 |
LOCKED FOR FUTURE GRANTS | <S 91,111,112 | 27.33% | 111 |
SUBTOTAL | <S 111,111,111 | 33.33% |
The Future of E-Commerce: Powered by Web3 and Community
ProductShare Checkout represents an important next step in Web3 adoption. Moving away from centralized control towards a collaborative, decentralized, community-driven model.
Here's the future PSC empowers:
- Decentralized Marketplace Expansion: PSC plans to integrate with decentralized marketplaces, enabling a wider range of products and vendors to participate in the ecosystem.
- Social Commerce Integration: Social media platforms will become a seamless extension of the shopping experience, allowing users to discover and purchase products directly within their social feeds.
- Gamification and Incentives: Introducing gamified elements, such as leaderboards, will further incentivize user engagement and social sharing.
- Sustainable Practices and Supply Chain Transparency: PSC will explore partnerships with eco-conscious brands and implement features that promote supply chain transparency, allowing customers to make informed purchasing decisions.
Looking Ahead - Gamification: Supercharge User Acquisition & Merchant Growth
ON THE DEVELOPMENT HORIZON - Gamification strategy centered around a multi-tiered leaderboard system for the PSS ecosystem. This innovative approach will incentivize user participation in the referral/product sharing program, driving organic user acquisition, brand awareness, and significant benefits for both users and merchants.
The Power of Gamification & Social Proof
Gamification leverages game mechanics (points, badges, leaderboards) to motivate and engage users in non-game contexts.
Leaderboards, a core element, foster friendly competition and a desire to achieve higher rankings.
Social proof, another key concept, highlights the popularity of certain products or users, influencing purchasing decisions.
The PSS Gamification Framework: Multi-Tiered Leaderboards
The PSS gamification strategy proposes three interconnected leaderboards, each catering to a specific group:
- PSS User Leaderboard: Focuses on users who actively share products and refer friends.
- PSS Merchant Leaderboard: Highlights online stores with the most successful product integrations within the PSS ecosystem.
- PSS Product Leaderboard: Showcases the most popular and well-received products based on user engagement.
User Leaderboards:
Mechanics:
- Users earn points for successful referrals through their unique PSS links.
- Points are also awarded for social media shares promoting PSS products.
- A tiered point system unlocks exclusive rewards for top users (discounts, bonus PSS tokens).
Benefits for Users:
- Increased Engagement: The leaderboard motivates active participation in product sharing and social promotion.
- Enhanced Rewards: Tiered points unlock exclusive benefits, boosting user satisfaction and loyalty.
- Community Building: The leaderboard fosters a sense of accomplishment and friendly competition among users.
- Influencer Potential: Top users with high rankings can emerge as influencers within the PSS community.
Merchant Leaderboards:
Mechanics:
- Merchants gain points based on several factors:
- Number of successful product referrals through user links.
- Total amount of cashback rewards generated by their products.
- Number of PSS link purchases within their online stores.
- Leaderboard tiers unlock potential benefits for merchants (featured product placements, marketing support).
Benefits for Merchants:
- Increased Sales & Brand Awareness: High leaderboard positions expose products to a wider audience through social sharing and user promotion.
- Enhanced Customer Acquisition: Successful product integrations attract new customers actively seeking trending PSS products.
- Valuable User Insights: Leaderboard data helps merchants understand user preferences and optimize product offerings.
- Community Recognition: Top-ranking merchants gain recognition within the PSS ecosystem, attracting potential customers.
Product Leaderboard:
Mechanics:
- Products are ranked based on a combination of factors:
- Total number of successful referrals generated through the product.
- Average cashback rewards offered on the product.
- User engagement metrics (likes, shares, comments) on social media.
- Leaderboard placement showcases trending and popular products within the PSS ecosystem.
Benefits for Products:
- Organic Product Discovery: High rankings expose products to a wider audience through the leaderboard and social sharing.
- Increased Sales Potential: Trending products attract user attention and generate higher sales volumes.
- Enhanced Brand Recognition: Products from top merchants gain recognition within the PSS ecosystem.
- Valuable User Feedback: Leaderboard data provides insights into user preferences for product improvement.
Synergistic Impact: A Win-Win for All
The interconnected nature of the leaderboards creates a win-win scenario for all stakeholders:
- Users: Compete for top rankings on the User Leaderboard, unlocking rewards while promoting products that climb the Product Leaderboard.
- Merchants: Benefit from increased sales of products that rank highly on the Product Leaderboard due to user promotion on the User Leaderboard.
- Products: Gain visibility and sales through user activity on the User Leaderboard and social media sharing, ultimately climbing the Product Leaderboard.
Data & Analytics: Fueling Growth
The gamified leaderboard system generates valuable data on user behavior, product performance, and merchant integration effectiveness. This data will be instrumental in:
Optimizing the Leaderboard System:
- Analyzing user behavior to understand preferred reward structures and point allocation strategies.
- Monitoring leaderboard engagement to ensure fair competition and adjust point systems if needed.
- Identifying high-performing merchants and products to tailor marketing and support initiatives.
Marketing & Promotion Strategies:
- Leveraging the leaderboards for targeted marketing campaigns across social media and partner channels.
- Highlighting success stories of top users, merchants, and products to inspire broader participation.
- Integrating the leaderboard system with existing marketing materials and user interfaces.
The PSC Team:
Seasoned E-commerce and Blockchain Executives
Our team consists of seasoned experts in blockchain technology, e-commerce, and sustainable business practices.
Anton Polski
Anton Polski
Devoted Yogi and a passionate technology entrepreneur, Anton began building companies in 2005 while studying Comp-Sci at the University of Waterloo. Anton is a firm believer that the combination of conscious capitalism and blockchain-driven decentralization of finance will eliminate most of socio-economic inequalities.
Frank de Vryer
Frank de Vryer
Frank de Vrijer, an experienced digital nomad and visionary in the tech industry, skillfully maneuvers through the complex landscape of innovation. Starting his journey by crafting pixels in Southeast Asia, he later co-founded GIGCO.com, a web3 platform spotlighting artists, and pioneered DAO Raiser, the inaugural community-driven IDO launchpad.
Jose Herrera
Jose Herrera
Jose is a software engineer specialized in full stack development, distributed computing, blockchain engineering, and cryptography/cybersecurity. He has proven success in taking projects from requirements to production, and has a passion for Fintech and cryptocurrency.
Legend
- Term (Bold): This indicates a key term or concept within the PSC ecosystem.
- Explanation: This clarifies the meaning and significance of the term.
Term | Explanation |
User | Individuals who participate in the PSC ecosystem by making purchases. |
Vendor | Businesses or individuals who sell products through the PSC platform. Or integrate the PSS Checkout into their Stores, |
ShareCash (SHC) | The stablecoin used within the PSC ecosystem ONLY, pegged to the value of 1 USD. (Backed 1:1 with the PSS fiat account) |
StakeShare (PSS) | The governance token of the PSC ecosystem that grants ownership and various benefits to holders. |
PS Checkout Button | A dedicated button integrated into e-commerce stores that allows users to initiate checkout using PSC. |
PS Account | A user account within the PSC ecosystem used for login, managing finances, and interacting with the platform. |
PSC Treasury | A pool of funds used for ecosystem development, social impact initiatives, and other community-driven purposes. |
Cashback Reward | A 33% discount received by users for sharing purchases on social media, paid in ShareCash. |
ShareLink | A unique link generated for each purchased item that allows users to share their purchases on social media and unlock cashback rewards. |
User Dashboard | A dedicated interface for users to track purchase history, manage ShareLinks, stake/unstake PSS, and view reward distributions. |
Vendor Dashboard | A dedicated interface for vendors to manage products, orders, payouts, and access analytics tools. |
Community Governance | The process by which PSS holders vote on proposals that shape the future of the PSC ecosystem. |
Profit Sharing | A portion of PSC's profits distributed proportionally to PSS holders based on their staked amount. |
PSC (ProductShare Checkout) | A web3 payment protocol that rewards both customers and vendors in the e-commerce space. |
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