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This Web3 GeoEconomy Platform Is Redefining the Way Businesses Interact With Consumers

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By Aggregated - see source on March 31, 2024 Web3
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SINGAPORE CITY, SINGAPORE / ACCESSWIRE / March 31, 2024 / I think we can all agree on one thing – we’ve officially made it to the “future”. And while we’re not yet cruising in flying cars or traveling through time, humans have made incredible strides in digital technology and, ultimately, the way we interact with one another.

In this age of boundless innovation and connectivity, it’s no secret that consumers are spending more time online and less time in stores. As a result, the online business model has grown exponentially. However, while many online-based businesses have flourished, traditional businesses are facing significant challenges. From lower purchasing power to a contracting consumer market, brick-and-mortar locations are under immense pressure to quickly adapt.

Enter LocaGo

LocaGo is changing the way consumers interact and engage with brick-and-mortar locations. Leveraging the latest advancements in Web3, artificial intelligence, and augmented reality (AR) technology, LocaGo is ushering in a new era of the GeoEconomy.

Central to Web3 lies a decentralized and secure online environment where direct interaction and value exchange occur without the need for intermediaries. LocaGo, developed by LCM Technology PTE, LTD in collaboration with global tech firms, has not only created a secure platform for connecting businesses based on location but also an advanced marketing tool for global enterprises.

LocaGo has created a business model that focuses on interaction and engagement between consumers and local businesses. By integrating LocaNFTs, the LocaGo app, and LCG tokens – the three pillars of the LocaGo digital economy – the platform creates a unique business ecosystem for enterprises and a vibrant social network for communities.

LocaGo‘s Features

The heart of LocaGo lies in its special feature called “Love Lock”. This unique offer allows users to express their love in a completely new way by attaching 3D Love Locks, writing love messages, and dropping them at NFT locations. Users can share their 3D Love Locks with friends and family, to receive congratulations from them. With Love Lock feature, users can choose from a range of captivating 3D lock designs, and specify how long they want these Locks to last at LocaNFT, whether it’s one month, six months, one year or even whole life.

Another standout feature of LocaGo is its AI-driven virtual assistant, LocaAI, integrated with AR technology to enhance the user experience. Using advanced AI technology, LocaGo taps into user preferences to provide customized recommendations for products and services based on each individual’s unique interests. This innovative AI functionality not only enhances the user experience but also streamlines technology usage and improves efficiency, ensuring that every interaction with the app is optimized for maximum satisfaction.

Furthermore, LocaGo’s AI feature acts as a valuable resource for retrieving location-specific information, empowering users to discover tailored services and plan visits to new destinations. Leveraging community feedback, user activity history, and network connections, LocaGo’s AI delivers relevant user suggestions.

Picture this from a customer’s perspective. They’re walking down the street looking for a place to have lunch. The customer pulls up the LocaGo app and sees your business as a recommended destination. Not only that, but the customer is offered exclusive perks and rewards for visiting.

That’s the value of LocaGo. The app offers positive lifestyle transformation by encouraging young consumers to physically engage with their local economy. In turn, it’s putting money back into brick-and-mortar businesses.

Social Networking With a Creative Flare

LocaGo has the potential to be a transformative force for businesses struggling to adapt. With innovative features like location-based NFTs and the LocaAI virtual assistant, the platform is offering a creative spin on the way we do social networking. Not only that, but the application encourages users to engage in face-to-face interaction instead of primarily engaging in online interactions, a game-changer for traditional businesses that primarily transact in person.

The application’s creators emphasized their mission, saying, “We hold strong confidence that LocaGo will play a pivotal role in shaping the future where businesses flourish sustainably for all”.

LCM Technology PTE. LT

Address: 68 Upper Serangoon View #11-24 Kingsford Waterbay Singapore
Email: contact@locago.tech
CEO: Stanley Hung
Website: https://locago.tech/

SOURCE: LocaGo

View the original press release on accesswire.com

Credit: Source link

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