Shop owners and consumers share sales, purchase, and other data related to retail operations and customer preferences in exchange for $LIBE tokens. These tokens can be converted into local currencies or used to unlock rewards within the platform.
The $LIBE token plays a central role in the Libera ecosystem, acting as both a reward mechanism and a tool for financial inclusion. Merchants can use their tokens to access advanced insights, while brands and financial institutions use tokens to purchase data and engage with the ecosystem.
By creating this self-sustaining cycle, Libera empowers small merchants to participate in the data economy, while providing brands with the tools they need to thrive in emerging markets.
Merchants are ranked into tiers based on their data contributions, with each tier unlocking additional benefits such as access to virtual inventory, financing opportunities, and personalized recommendations.
Merchants can liquidate a portion of their tokens for financial benefits, helping them gain access to credit and capital.
In the future, Libera plans to introduce DeFi solutions, allowing merchants to use $LIBE tokens as collateral for microloans and other financial products.
Shop owners who share comprehensive data receive higher rewards. Completeness is measured based on how frequently and consistently data is shared.
Larger merchants who contribute more data are rewarded proportionally. This encourages merchants with higher sales volumes to share their data.
Mechanisms are in place to detect and penalize falsified data, ensuring that the dataset remains valuable for buyers.
The platform helps reduce waste, optimize resources, and improve supply chain transparency, making it a valuable tool for businesses looking to create more sustainable operations in emerging markets.
USA:
600 Congress Ave, Austin, TX 78701,
T: (+1) 512 998 1584
USA:
600 Congress Ave, Austin, TX 78701,
T: (+1) 512 998 1584