Nodis – ICO Detailed Information

Nodis Helps Businesses Establish Online Presence

Many politicians like to reiterate the notion about the importance of small and mid-scale businesses to the economy of any given country. But, in reality, they hardly lift a finger to help entrepreneurs in their pursuit of customer satisfaction and prosperity. When the elites remain unwilling to offer any help, it's the tech people, like the ones from Nodis, who take matters into their own hands.

Nodis is a Canadian blockchain startup run by a team of aspiring businessmen, software engineers, and marketing aficionados. They came up with an idea to develop a social marketing platform focused specifically on heeding the needs of moderate-sized local retailers which concerns both online and offline presence.

The concept of Nodis

It is commonly known that the land-based retail stores are at a low ebb, mainly because they are facing a vehement competition for the e-commerce platforms that have an abundance of tricks up their sleeve, which help them obtain massive exposure and engage with prospective customers.

Nodis decided to take the side of the brick-and-mortar stores and help them resolve three major marketing challenges: lead generation, exposure of businesses, and customer engagement. For this purpose, they have elaborated a quite simple, but potentially really efficient, challenge system.

The idea is the following: the owner of the shop, or the head of the marketing department, posts a challenge, along with its completion criteria, on the Nodis network. It may involve making a quick selfie in front of a store, holding certain merchandise, or posting a review - the shop owners are free to use their imagination.

The user gets notified through the Nodis dApp. He can either sign up for it, thus accept its conditions, or ignore the challenge. Once the signee completes the task, he has to post a visual proof on the Nodis network.

Now, it is up for the community to ensure that the challenge has been carried out in concordance with the criteria. To achieve that, each community member votes for either approving or declining the submission. Once the community confirms that the challenge has been completed in full, both the user and the voting majority get rewarded in the form of the NODIS tokens. These tokens can be used to purchase gift certificates, online coupons, and vouchers on Nodis.io, which then can be used at the holder’s discretion. The project itself will generate revenue from selling subscriptions and organizing marketing campaigns.  

The use of NEO blockchain

The Nodis network was built entirely on the NEO blockchain. The team explains its decision to opt for NEO by the fact that it is tooled for the smart economy. In particular, this blockchain provides for a superior transaction speed with virtually no fees. Moreover, it utilizes the dBFT consensus mechanism for faster validations and the well-functioning smart contracts.

The team

Will Chen. The founder and CEO who has vast experience in marketing, obtained over the period of cooperation with Home Depot and Lowe’s.

Nathan Mukena. The co-founder and co-CEO. The talented web developer who stood behind the creation of the architecture of Nodis.

ICO details

Nodis is currently having a Series A token sale that will last until July 6. The project has set a modest hardcap of $880 thousand dollars. The price of 1 NODIS is $0.39. Nodis accepts only GAS, the native NEO currency, and has a minimum investment requirement of 50 GAS. Investors from  China, Bangladesh, Nepal, Macedonia, Bolivia, Ecuador, Pakistan, Algeria, Morocco, United States of America, and Canada won’t be able to buy these tokens.

Author: Alex Paulson for Crypto-Rating.com