Make Anyplace a Marketplace
A New Breed of Commerce Enabled by Decentralization
The SesameOpen Protocol uses the blockchain and token economics to solve the problem of product discovery in ecommerce. By enabling high-traffic venues to curate and promote products to consumers, SesameOpen accelerates the growth of a new commerce channel.
Product Discovery Is Broken in Ecommerce
Ecommerce websites are overloaded with millions of products. As a result, consumers struggle to find the products they want and vendors struggle to showcase their products affordably. The more success centralized ecommerce companies achieve, the worse the problem becomes. Centralized storefronts cannot solve the discovery problem they created.
Decentralization Drives Product Discovery
SesameOpen solves the product discovery challenge by enabling venues to curate and promote products to massive consumer audiences. These venues join vendors and consumers to form a decentralized commerce network governed by the SesameOpen Protocol, using blockchain technology and applying token economics to incentivize all participants to join, use, and grow the network.
Any venue can setup a marketplace, any vendor can offer its products, and any consumer can make purchases without a middleman among them.
All network participants can confidently transact because blockchain-based smart contracts and reserved escrows guarantee good behavior.
Token economics create the right incentives for all network participants to transact and accelerate the growth of the commerce network.
Network Effect Accelerates a New Local Economy
Consumers get the convenience and low price of online shopping with more relevant and interesting product choices.
Vendors grow sales profitably through a new channel with more efficient, targeted marketing and lower cost of sales.
Venues increase revenue by targeting consumers with curated products without the need to carry store inventory.
SesameOpen Expands Ecommerce to High-Traffic Venues
Airport lounges offering ebooks and digital magazines for guests to read free or buy for their flights
Dog parks selling pet-related products and services directly to owners and dog walkers
Spas and salons showcasing a range of beauty products while their clients get services
Luxury goods companies curating new products at high-end hotels to reach the right buyers effectively
Rock bands offering discounted tickets at coffee shops, bars, and restaurants in local communities
Publishers sponsoring book fairs at K12 schools where students can read and pre-order ebooks
Product & Engineering
Founder & CEO at Foli
Google, Nortel Networks
Wharton MBA, MS/BS in CE/CS
Expert in IP Routing, Security
8 patents granted
Marketing & Community
20+ years of tech marketing
BS in MechE
Token Monetary Policy
BCG, Goldman Sachs
Stanford in Financial History
Renowned Economic Historian
Senior Fellow at Hoover Institution/Stanford
Senior Fellow at European Studies/Harvard
Founder and MD at Greenmantle
Benjamin Franklin Award for Public Service
Author of 15 books