Here's where things start to get very interesting and is Ovato’s secret sauce. Ovato is building a full circle economy for the utility of its coin and we provide mechanisms through our strategic partners to provide incentive to both shoppers and merchants to adopt and use it. First on the supply side, users are rewarded by Ovato when they shop every day. And then we help merchants save money while increasing the revenue by adopting three new customers and lower customer acquisition cost.
Bitovation helps merchants fully integrate and accept Ovato into their regular business and POS systems while reducing merchants' costs by as much as 85%. Addition, Bitovation helps small local business in expand their business and market in the new world economy by offering access to the already $1.2 Trillion economy.