Libera makes invisible commerce visible. They are transforming the retail landscape in emerging markets by leveraging AI and blockchain technology to digitise small stores. In doing so, they are transforming the lives of 10 million micro-retailers who support 1 billion consumers.
Surprisingly to most in the developed world, most retail sales in developing countries are still offline. Approximately 70% of total sales in countries like Indonesia are managed by millions of small stores. Yet, big brands like Nestle and Mondelez need sales data. This is an untouched goldmine, and nobody uses a Web3 model to rapidly acquire sales data at scale.
Libera aims to enhance supply chains, increase profits, and democratise finance for small merchants and major brands, targeting a billion consumers. Libera does this through their platform, which comprises a retail interface, a supply chain management layer, and a recommendation engine. The advanced analytics enable retailers to increase their sales and access working capital.
$LIBE
Animoca Brands, Singularity DAO, GAINS Associates, etc
August 15, 2024