Here are a few questions answered from a recent AMA session:
Can you briefly describe what is Mero ?
Mero is open source, community owned and driven. We are helping spearhead change in the crypto world, by encouraging mass adoption of cryptocurrency payments by open source development of revolutionary use cases. Mass adoption begins with just one person sharing crypto payments with others, be that person!
So simply put Mero is making it easy for merchants to accept Mero as a currency. And we will be involved in grass roots ways to see the general public adopt mero as a currency.
What are your main features that distinguish you from other projects and what competitive advantages do you have?
We firmly believe that our simplicity, focus and ease of use will set us apart from most other payment projects. Crypto adoption is not happening because the process is too overwhelming and complex for the end user and for the merchant especially.
People want fast, secure, easy to use tools to accept crypto and pay. We will be releasing various tools the first is a very clean QR generator and merchant wallet (already released in beta)
We will be also right away be on the ground in a country encouraging mass adoption. Our project will have real users in real context, most projects are just IDEAS but we will impliment ours immediately, that sets us apart.
How has the experience and background of your team been effective in the success of your project so far?
Firstly the passion of the team to see crypto actually work in real life is what drives us. Creating products is exciting but having them USED is even more exciting.
The coding background of our developers in solidity and vueJS frameworks, etc is perfect for our creating light weight fast loading tools on the BSC chain that will be used by people.
Why you choose Benin Africa for this implementation?
The team had prior contact there and several community members joined early with Mero from that country, it just started to be a perfect fit for our implimenting MERO at first. The country is very mobile centric so we are going to be reaching out to mobile companies there to partner and possibly impiment MERO PAY as a protocol via texting. we have lots of plans, but the first step is to work personally with shops on the ground to get QR code posters up
Could you please provide some progress on your Roadmap and what results Mero has achieved so far ? And any sneak peek into 2021 plans for Mero?
We have already accomplished our roadmap to date and been able to release our desktop wallet ahead of time with Merchant tools and QR generator. Let me give you a peek at that now.
here is our very leightweight easy to load wallet based on VueJS coding, the reason to make it with javascript is to have it small file size and load easily.
in many countries people cannot install heavy weight programs
The merchant portal allows the merchant LIVE to find a price for MERO and tell the buyer what to send to the QR
Frank, [Apr 12, 2021 at 8:30:09 AM]:
and there is a built in QR generator where the merchant can print off a PDF poster of their QR code and post it, to start acceping MERO easily.
This is just the first step with this product as a very easy tool for merchants especially in a country like Benin.
Frank, [Apr 12, 2021 at 8:31:35 AM]:
Here is a sneak peek at our mobile development we are well ahead of schedule on this. and will be implimenting the same tools into this. As many in Benin are on mobile.
So we relealize merchants in some cases will only have mobile phones to use.
Q2. I understand that you are encouraging merchants to use MERO as a means of payment, but have they really already managed to partner with a large network of businesses to implement this payment system? or is that really a direct job of the community to promote it?
As a project we have Mero volunteer team members who are helping visit shops in Benin and encourage adoption in the county itself, so we are "boots on the ground" and of course our community is free to share MERO and get it accepted in shops in any country in the world, but the MERO team is actively working with people in Benin and we will have a visual and written use-case example of MERO adoption in BENIN with videos in the near future! it will be exciting to see
Q3. On their platform they claim that MERO is meant to be used by the masses, but how do they plan to make this revolutionary project implemented by users? What strategies will you use so that the more traditional sectors want to use them?
Our goal is to see Merchants accept Mero in a grass roots fashion, Benin is perfect for this as there are not lots of large businesses but many smaller busineses as seen above in the photo. If any business can appeal to just a few new customers it makes it worth it for them to accept MERO.
We are going to work on campaigns to airdrop MERO to the general population of Cotonu, BENIN
Q4. How do you think investors are now only interested in short-term tokens? And to convince them to accompany your project in the long run, do you have incentives for them? How is it better for them to hold it for long term?
We do believe there is value in what we are doing at MERO and application development does add value to our product and token but once MERO is started to be accepted in a local area I believe the value of that is tremendous. We are going to take along the community with us in every step of this so they can see Mero Adoption start to happen.
It will be an exciting journey to watch, and our website and updated whitepaper will release this real adoption perspective.
So many projects are just big ideas but little actual real life used products, we aim to see what we do actually used! That adds great value to product development.
We will be having staking and other rewards for larger holders in the future, so its definetly worth it to HOLD mero.
BSC has a tremendous ecosystem, and you will be shocked what is coming down the road with them, we firmly believe they will be implimenting a way to send "gas" without BNB but with the token itself in the near future. The Binance Smart Chain is going to very possibly over take ETH.
We can always move to a mainnet if we had to in the future but we are believing BSC is a very good ground for growth and adoption for now.