Project title: XsperoTM – An Innovative Social Giving Network
Summary: XsperoTM connects nonprofits, local merchants, media companies and supporters (users) in a network that allows for each party to benefit, while promoting social giving. By using blockchain technology we are able to safely transfer certificates from local business to user with portions of the proceeds going to support nonprofits.
Please note this is part of a Patent Pending Process.
Goals: To create a business that promotes social good, supports local communities and helps them prosper.
Timeline: Initial commercialization in December 2018 with continual product improvements through 2019.
Description:
When a supporter (user) purchases an Xspero certificate on the Xspero app, 20% of that purchase price goes to the nonprofit of the supporter’s choice.
Nonprofits gather supporters to download the Xspero app and make purchases from participating local merchants.
Local merchants receive advertising through local media companies, when an Xspero certificate is sold, the bulk of the remaining revenue goes to the media company to pay for the local businesses’ advertising.
An Xspero certificate purchase not only means 20% of that goes to a nonprofit, but it also means growth and success for local merchants and trusted media companies. Xspero fosters the world’s most innovative social-giving network because Giving Feels Good.
Why Xspero is valuable for Stellar:
Xspero has added value to the stellar blockchain by recording real value on it. At its core the Stellar blockchain is used a as single source of truth for the management, transfer, and redemption of USD denominated gift cards.
How Xspero utilizes Stellar:
The following diagram outlines the flow of transactions that are occurring on the Stellar blockchain. Each box represents a native stellar account. Each line represents the transfer of a stellar asset (“gift card”) or the establishment of a trust line. All transactions originate with the Xspero Anchor Account.
Please note this is part of a Patent Pending Process.
Additionally, real assets can be tracked from the Anchor “Master” account here.
https://stellar.expert/explorer/public/account/GBFNJFUQCQK5AXJFBDAUGQHP3LC2ESUVB5MJVII2VMGAJ7EK7XCC5MD5
To date the anchor account (and corresponding sub accounts) have processed thousands of on chain transactions.
How Xspero works for the Consumer:
How Xspero works for a local business:
Links:
Website: https://Xspero.com
IOS: https://itunes.apple.com/us/app/xspero/id1445557374?mt=8
GooglePlay: https://play.google.com/store/apps/details?id=com.xspero.xspero
