Our Mission
“Community Driven Commerce.”
Commerce is the new standard for aftermarkets that prioritizes community interaction. With an immersive chat experience and decentralized payment protection, consumers can transact in real time with people that love the same things they do.
Background
Aftermarkets are growing.
- The aftermarket for apparel alone is projected to reach almost a $250B by 2026.
- People want hard to find and exclusive items with online convenience.
- Retailers are shifting towards resale aftermarkets.
People want to deal with real people.
- People want to transact with humans not machines.
- Social commerce…
- Increases brand conversion rates 10x
- Is worth $500B and is growing 3x faster than traditional commerce
Thesis
Communities are the future of commerce.
*“With community commerce, community comes first around ***a shared passion, belief or interest and commerce is added.”
…
“The New York Times cooking community comes to mind; imagine if, in addition to sharing recipes, you could buy ingredients, cookware and more within a group that was as passionate about cooking as you were.” - Forbes
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💡 Community commerce leverages demand for personalized transactions and the rapid growth of aftermarkets, offering the following advantages:
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- Transactions between real people in the community feel flexible and human.
- Informed community ****members ****provide word-of-mouth product referrals, leads, and price recommendations, providing buyers confidence in their purchases.
- Community members organically introduce each other to new markets, promoting cross market activity.