The world’s first mobile subscription platform
Supported by SBT tokens, Subbit allows businesses to convert almost all products or services into subscriptions, providing new and annoying alternatives to online and retail payments.
SUBBIT is a new payment
alternative, which allows
consumers to pay for just
about anything on a monthly
subscription basis, rather than
by cash or card.
The SUBBIT token is a modular utility token,
developed on the Ethereum blockchain, which
gives users access to exclusive products,
savings and cash-back rewards within the
SUBBIT network.
Our vision is to create a new exciting pattern
of consumption worldwide, which rewards
consumers with better value, and convenient
access to the things they love.
SUBBIT will become the world leader
and market default for B2C subscription
payments, actualising a global $8 trillion
market opportunity
Introduction
The subscription-based
business model is now more
popular than ever, with many
leading consumer brands
favouring this approach over
a traditional single payment
for goods and services.
$420 Billion was spent on subscriptions in
the US alone in 2015, which was up from
$215 Billion in 2000 [Credit Suisse] . This
huge growth can largely be attributed to
new technology, and more specifically the
number of e-commerce and SAAS product
owners, turning to subscriptions to drive
their businesses.
1 An insight into current UK consumer behaviour and the demand potential for democratised consumer
subscriptions https://docs.google.com/presentation/d/11_Vz6Quca3BNI5Ja9DrrptjlIUn_D1LKUDFQ4OriIqU/
edit?usp=sharing
The subscriptions model as increased in
popularity for two reasons: Firstly, they
offer consumers a fruitful combination of
improved access to a product or service,
immediate savings and convenience; and for
businesses they generate recurring revenue
and improve customer loyalty.
In fact the model works so well that 90%
of the UK adult population currently have
an active subscription. This statistic is
compounded by an independent research
report we commissioned in 2017, which
looked at current UK consumer behaviour
and the demand for consumer subscriptions1
.
Problem Specification
As a result, a large percentage
of the overall consumer
economy remains untapped
and millions of businesses
worldwide are at risk of being
left behind.
The retail gap
This includes
physical retailers
(e.g. local shops
and restaurants)
and other serviceled
businesses
such as gardeners,
personal trainers or
independent coffee
shops,
The challenge for high
street businesses, is not only to compete
with their online counterparts, but also to
find ways to harness technology to improve
interactions for their customers.
Loyalty is key
Consumer research points to customer
loyalty as being a big issue of concern
amongst many service-driven high street
businesses.
In response to this issue, some have
introduced loyalty schemes, but the
mechanics of this are often clunky and
depend on the customer to either carry
paper cards or to download a single-purpose,
proprietary app. These types of loyalty
schemes seldom offer upfront savings
or improve on overall convenience for
consumers.
Similar problems exist for other micro and
SME businesses, and even charities, where
gaining access to the subscriptions
economy is expensive,
time-consuming and
difficult.
The trend
for [online
retailers] to
take physical
stores will
undoubtedly
accelerate as
increased online
competition and lower rates of
sales growth requires them to find a
competitive edge.”
[Mark Charlton – Head of Forecasting and Research
at Colliers]
Problem summary
There is no standout product or mechanism
which enables businesses of any type or size,
simple, fast and affordable access to the
subscriptions economy.
By using our smart mobile app, users
can subscribe to their favourite shops,
restaurants, leisure activities and many
other popular mainstream products and
services.
In practical terms, SUBBIT makes it easier to pay for any
product or service consumers might use on a regular basis
– and offers many advantages over other payment methods,
such as exclusive access, discounts and rewards.
SUBBIT is also the most convenient payment alternative
around. There’s no need to carry cash or a card, all you need
is your smartphone to unlock a smooth and flexible consumer
experience.
SUBBIT is leading the way for a new and exciting pattern of
consumption, which gives consumers convenient access to the
things they love.
Subbit Token & Ecosystem
We have ensured the integral usability of SBT tokens throughout our ecosystem by encouraging all platform rewards and fees. Capital gained during token sales will enable us to build our market in major global trade and retail. As the platform and user base grow, token and utilization requests will also increase.
Customer
Get cashback rewards and exclusive subscription access. Collect SBT for bonus discount.
Hawkers
Enjoy free-cost platform access, benefit from credit-based unsecured subscriptions with SBT.
Token Holder
SBT Stake for fixed price discounts, benefits from market growth and Subbit repurchase schemes.
Token Distribution
We have ensured the integral usability of SBT tokens throughout our ecosystem by encouraging all platform rewards and fees. Capital gained during token sales will enable us to build our market in major global and retail trade, and as the platform grows so will also demonstrate demand and utilization.
PRE SALE START DATE
August 20, 2018
MAX CAP PRIVATE SALE
20 million USD
TOKEN PRICE
80,000 SBT / 1 ETH
PROJECT PROTOCOL
ERC 20, ETH
SALE SUPPLY | TOTAL SUPPLY
12.4 Billion SBT | 20 Billion SBT
PAYMENT RECEIVED
Diverse while PRIVATE ROUND
Budget allocation
Investment Round
Our team
Our core team is well balanced to drive missions
Our Advisor
Subbit Adviser is an experienced professional who has worked at the largest global institutions in Banking, Blockchain, Finance & Retail
Prof. Choi is one of the most famous Legal Professionals in Blockchain. She has supported many successful ICO-funded projects and provides much experience in Transnational, Cross-Boundary Investment M & A, Effects vs. Utilities, KYC & AML, along with leading connections and strong networks in the East.
Gilad is the former Head of Fintech’s Invention for Lloyds Banking Group. He brings a wealth of experience at Fintech, startup, including regulation, funding, and compliance. He continues to support projects with legal connections and growth partners.
Stefan is a leading computer scientist specializing in the leadership of international research and development projects. He brings a wealth of experience to ensure that large-scale IT projects are run efficiently and scalable, with expertise in Blockchain, Distributed Computing, and Cyber Security.
One of our earliest supporters, Campbell is the Head of Banking at Cardlytics. He is experienced in everything related to loyalty, obedience, and regulation. He continues to support projects with incubation resources, key guidance on regulatory financial services (such as PSD2 and GDPR) among many other things.
Username: Kopisusu 4000
Link: https://bitcointalk.org/index.php?action=profile;u=1953415
Link: https://bitcointalk.org/index.php?action=profile;u=1953415
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