The past couple of months revealed a lot of faults in our existing commercial systems. From the pandemic preventing people from freely moving or gathering to an enforced lockdown which completely held everyone including businesses behind closed doors, the challenge of finding the plug for products and services have become glaring. 

Spamming and redundancy have made finding anything of value on the web painfully difficult. The sole purpose of the internet – holding the world’s information – has become its greatest problem because as more information is added to this ubiquitously accessible “shelf” (even from our mobile devices), the inaccessibility of anything on the digital space actually increases and sadly it doesn’t come with a decluttering system. 

It’s no wonder then, that the question “who’s got the plug?” has become a known colloquial for soliciting enquiries for products and services on social media because finding value online, ironically, has become painstakingly difficult. 

Consumers are always in a quest for convenience and their decisions will tilt towards the path of least resistance, this explains why Facebook is at the forefront of eCommerce as it gains consumers attention, understands their behaviour and interests, and then makes recommendations based on this data, essentially bringing to consumers their needs.

Besides consumer difficulty in finding economic activities which they are interested in within proximity, another stumbling block which has contributed considerably to non-consumption in Africa is the generally low financial power of Africans and the culture of one-time purchase.

Considering these challenges, a tool to conveniently harness these economic opportunities around (finding and engaging them) becomes highly relevant. SpottR becomes more than ever, needed to help consumers swim through the tempest of economic activities especially towards what’s relevant to them.

What is SpottR?

SpottR is a social commerce ecosystem designed to help people do more by leveraging its CLIQ Token (CT) to provide capital for businesses and money for consumers to meet their demands; as well as providing the whereabout information of these businesses to consumers (and vice versa) with its smart search and interactive map.

The project is designed to solve two major pain points in its primary market – non-consumption and logistics bottlenecks in Africa’s eCommerce and gig economy ecosystem – before scaling to serve other markets.

Drawing from the strengths of the platforms which conveniently connects consumers with services such as Uber and Fiverr, SpottR is designed to be a location-based marketplace where beyond-digital services and products can be rendered and sold to consumers nearby who require them. 

A plumber can only render services to a consumer within reach, listed apartments for rent are better found when they are presented on an interactive map, perishable goods arrive fresher at a consumer doorstep when they have to travel only a short distance, consumers are most comfortable when they deal with a seller whose business location is known, closest to them and would be most grateful if whatever order that has been made can move from that location to theirs without having them move an inch. 

This is the vision of SpottR, to be the go-to app for consumers to find whatever thing of value they ought to, at the time they want to find it, without many redundant results. You could say that SpottR is positioned to be a more efficient commercial search engine, in Africa first, then in other continents. 

SpottR’s MVP was pushed to the Google playstore in August 2020 and was an instant hit, trending on its second day of launch in the stores productivity category. Official records show that they crossed 1k downloads by week 2 and have crossed 3 thousand registered users on the app. The bootstrapped company boasts of $50k plus in revenue mainly boosted by its crypto business from its 15,000+ supporters and plans to push iOS and Web app versions in March this year. They have a strong focus on community building and hope to amplify their effort after they complete their IEO on the Latoken and Bitfxt exchange.

Some Features of SpottR

Geolocation and the Interactive Map – SpottR holds opportunities, which is a broad word for all kinds of economic activities to include products, services, jobs, events etcetera, publishable in the ecosystems  interactive map and centered on the users location. The city locator advanced feature helps users find opportunities in other countries or locations in general where they are not physically present. 

Smart Search and Custom Offers – This is a major feature which SpottR uses to nail redundant results to the cross. On a user’s query of SpottR for anything of value, not only does SpottR drop down a list of available opportunities sorted by proximity, it also notifies every user within proximity of that search and pools together in real-time, available and active users who confirm availability of products and provides these results to the opportunity seeker. 

This creates a tight connection between demand and supply with advantages for both business owners and consumers, and the scenario can be likened to marketers or shop owners pulling you in to try them or check their shop for what you want when you step into a local busy and competitive market. “Bros, abeg check here.”

Wallet and CLIQ token – The in-app wallet holds three different transaction tools or media of exchange namely; The in-app coin whose value is dollar-pegged, fiat (local currency for different countries) as well as the CLIQ Token (CT).

CLIQ Token (CT), an ERC-20 token which will facilitate transactions within the SpottR ecosystem and will serve as security for business/consumer financing and guarantees. It also serves to incentivize ecosystem building, as well as act as a disincentivization tool against bad actors.

The team has identified over 8 ways in which the token can be used within an ecosystem like SpottR with the most prominent being the collateralization for credits. Some other use cases include P2P payments and lending, Offline affiliate marketing, Security to launch product or service related tasks, trade by barter, futures, etcetera.

The token has a max supply of 500M with just over 300M initial circulation with the remainder vested for partners, team, community and reserve. To learn more about the token tokenomics, please see CT terms.

It’s presale runs until January 29th, with a current revenue of over $53,000 in token sales and it will have its double IEO by march 2021 on Bitfxt – Africa’s second largest exchange and Latoken – The largest IEO market globally.

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Twitter: @TheSpottrApp_



Partner Author

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