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Column 1 0 Quarterly updateHi, We just wanted to keep you posted on how Bron.Tech is achieving milestones and kicking goals. This is what was happening last quarter:
- Our team is growing! We are now a group of 12 enthusiasts ready to reshape the data landscape.
- More than 20% increase in the Bron user base. Users are joining every day to contribute data and earn the Bron currencies.
- 200,000 receipts were submitted via the Bron Rewards app. This enabled us to access offline spending data of more than $16,000,000 at the most popular Australian stores.
- Starting last week, the Bron Point is the first alt-currency that you can redeem for products and services in Australia! In the last two weeks we partnered with 8 Australian businesses (and growing) that will provide vouchers that users can redeem in exchange for Bron Points. These businesses include: GoCatch, PetCircle, OrganiQ, Amity Created etc. We are growing the number of these collaborations to provide better value for our community. Our end goal is to enable our users to spend the currency everywhere!
- We successfully finished the pilot with a Tier 1 global consultancy firm and our engagement will continue with a one-year contract.
- We listed a sample of our data products at the Israeli QData Marketplace.
- We signed a MOU for partnership with the US based LF Technology for utilization of the Bron Wallets into their products.
- Bron.Tech is negotiating 4 commercial contracts in APAC. We’ll keep you posted!
- The integration with OOK and NCX will commence this quarter. Soon our users can use the BronID protocol to instantly and seamlessly on-board platforms and apps as verified customers.
- We got access to Australia Post and Macquarie Bank APIs and we are exploring opportunities to connect these data sets within the Bron Wallets.
- Token economics: Based on the users’ response, we concluded that the platform will work best with two sets of currencies. We introduced a stable currency for the transactional purposes (Bron Point). The Bron Points will be dependent on the Bron supply.
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