Hello everyone, my name is Tomochika Kamiya.
I am the founder and CEO of SynchroLife.
SynchroLife is a restaurant discovery service that uses artificial intelligence.
We are developing a service that uses A.I. to learn each user's personal tastes to customize their search results
and recommendations to help them find the best restaurants as quickly as possible.
Last year we began a project to also develop token rewards for reviewers/users in the platform
and held an ICO. We are currently continuing to develop and implement that project.
Our team includes...
Myself, the CEO, with 10 years of Online-to-Offline (O2O) marketing experience with restaurants
I have worked with over 1400 restaurants to help them implement tools for customer relationship management and digital marketing since the pre-smartphone era.
Our CTO, Hiroshi Mita, did robot research while attending university in the United States and
he has worked on over 50 released mobile apps.
He is currently our lead developer, also in charge of our smart contract development.
We have a very international team and
run the company from our company in Japan, GINKAN Ltd., and our
international and Asian hub company, SynchroLife Limited.
We believe that blockchain technology is bringing innovation to all kinds of digital assets on a worldwide scale.
New token economies are being born as data and value of all varieties can now easily be saved and traded.
So what kind of things should be tokenized?
I believe that it is
Hidden value
that should be tokenized.
Things that have value but have up until now have been hard to clearly define or hard to pin a price to...
I believe it is this kind of value that should be tokenized.
That can include all kinds of things, such as; work, space, time, possessions...
So what does SynchroLife tokenize?
SynchroLife tokenizes the work and content that amateur restaurant reviewers do.
In restaurant discovery services, or any social media service,
Users are often what provide the content that grows the platform. However, up until now
centralized companies have taken all the benefit from that growth.
In recent years "blogger" and "Youtuber" have become serious side jobs and even careers for people around the world
but reviewing restaurants and sharing food photos is still not at that level.
Restaurant discovery services often build their businesses off of advertising money,
while users and restaurants struggle to sort through fake reviews
And all of this just seemed wrong to me. That is how the SynchroCoin was born.
We want to share the future value of our platform
with the reviewers (users) who make that success possible.
I will go into more detail later in the presentation but
SynchroLife is building a token economy connecting users, restaurants, and
the SynchroLife platform, together as one.
Let me introduce the current version of SynchroLife.
SynchroLife is using A.I. to help users find the best restaurants for their tastes
and in the future will be rewarding users with token rewards to create a new economy.
So why was SynchroLife created? What's wrong with current restaurant search?
I went to a restaurant scored as "3.8" on one of Japan's most famous restaurant discovery sites.
By their standards, it should have been amazing. But it was horrible.
I ended up there because I was lazy. I was too lazy to take the time to really research a good restaurant.
Normally I would read over user reviews and look through photos,
but that day I just looked at the 3.8 score and trusted it.
But that brought up a bigger question in my mind.
Why does finding a good restaurant have to be work?
SynchroLife was made so that you can find good restaurants even when you're feeling lazy. We believe it shoudn't be work.
Current restaurant search and discovery services have a variety of issues but
mainly there's too much information and it takes too much time to pick a restaurant.
Even if there are rankings or average scores, we find ourselves questioning if it's paid promotion and there's a lot of distrust for reviews both good and bad.
So how can we resolve this?
We will solve it with A.I. and blockchain technology.
We believe that A.I. should be left to do all the annoying and time consuming work.
So what exactly does the A.I. do?
If you look at SynchroLife, you'll see it looks a lot like an "Instagram" for food.
SynchroLife's A.I. looks at each user's actions within the app, and uses that data
to learn their preferences through machine learning.
Restaurants users pin for later, how long they look at a review or restaurant page, what they search,
similarities to other users, all of these things and more can be used to start
learning what that user likes. Then when that user actually searches for restaurants,
the app can give them personalized search results, narrowing through thousands of restaurants to just 20 best ones for them.
Everyone's search results and recommendations are different, depending on their preferences.
This A.I. is used in various parts of the service, especially the search and daily recommendation features.
Users can just choose a restaurant based on their feelings
and it's guaranteed to be good.
We will build a trustworthy review database, with peer reviewed posts stored on the blockchain.
So we can never edit or change posts that users make.
Each restaurant's reviews will be stored
decentralized and not managed or controlled by us.
We believe this is the way it should be.
Our currently released version of SynchroLife
is avaliable for use in 155 countries, focused in Asia.
It is also avaliable in four languages. In the past two years our users have posted over 160,000 restaurant reviews.
And over 380,000 photos of those restaurants.
Our target userbase is
both users who are have a high interest in food and dining out, and also
the cryptocurrency community and cryptocurrency users.
We are building a token economy by
bringing blockchain technology into a restaurant discovery platform.
To start, we created the SynchroCoin (SYC) token and releasing it first during the ICO
creating the basic start value.
In the near future, the SynchroCoin will be brought into the service and move between
the users, restaurants, and platform. We held our ICO in September and October of 2017.
We decided to do an ICO to help assign value to the token,
start building a community, and to raise funds for development.
During the ICO we saw new users register for SynchroLife from over 66 countries
and new restaurant reviews were added in over 40 countries.
It was a very exciting time for us, and we were happy to see
support from all over the world. Some supporters made fun art in support, like this pizza box,
and we were able to learn a lot from both positive comments and from criticism
during the ICO.
Thanks to the ICO we were able to start reaching out to a new community of users, the cryptocurrency community,
bringing a new community to SynchroLife.
In the remaining time I will be introducing our business model,
but you can find the details on our official website and white paper (https://synchrolife.org).
First: How to earn SynchroCoin tokens.
There are three main ways to earn SynchroCoin tokens.
First, by contributing to the platform by reviewing restaurants, adding restaurants,
updating restaurant information, translating restaurant information, and providing other content.
Second, by receiving some ad revenue from restaurants you have reviewed or added. And third, by inviting new participating restaurants.
You can then use SynchroCoin tokens in a variety of ways, mainly these four. Now to describe our O2O model
we will be connecting restaurants and users together. Restaurant coupons and rewards will be sold in a marketplace in SynchroLife
where users can buy the rewards with SynchroCoin tokens. 1 SynchroCoin will be set at a minimum of 1 dollar in the marketplace.
That is the basics of our token economy.
It looks like we are out of time today so I will skip our revenue model, but please see our website and white paper for more information.
We are currently hiring for sever or app development engineers
This is a chance to get experience working with smart contracts and blockchain technology
so if anyone is interested please talk to us later (or contact us at info@synchrolife.org).
We are also open to discussions regarding partnerships or investment
so please feel free to come say hi (or contact us at info@synchrolife.org).
You can follow us on Telegram or Twitter for more information and the latest news
about SynchroLife and the SynchroCoin. Thank you!
THE BRIDGE: Thank you! One question, as far as companies interested in partnership,
I guess restaurant chains would be best?
SynchroLife: Yes, or any companies who are interested in
or have a similar target audience.
THE BRIDGE: I see, that's great. Well I think you'll be here all day so
Anyone interested in SynchroLife, please find Mr. Kamiya later to chat. Thank you for your presentation!
Anyone interested in SYNCHROLIFE or the SYNCHROCOIN can learn more on our official website: https://synchrolife.org
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