-
Notifications
You must be signed in to change notification settings - Fork 38
New issue
Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.
By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.
Already on GitHub? Sign in to your account
Implement Tron Kiosk whitepaper as "merchant mode" in Tron Wallet #15
Comments
Mockups
|
Data model Global settings Product categories Product inventory Transaction individual receipt Transaction history |
Feature request
Implement the Tron Kiosk whitepaper, published on July 21, 2018, as a merchant mode in Tron Wallet. Tron Kiosk envisions a lightweight mobile point of sale client for retail/service businesses. Implemented in Tron Wallet, any merchant would be able to use the existing Tron Wallet app and toggle a button to switch into merchant mode. Any merchant could then use Tron Kiosk's cash register-like frontend to: build individual transactions based on available inventory previously added by the merchant into the app; present users with a QR code of a TRX address to scan upon time of checkout to complete customer-to-merchant payment; process the entire transaction in TRX; search through previous transactions; and review the shop's sales analytics over time. Virtual gift vouchers in TRX, added to the merchant's inventory by default, would also allow the merchant to exchange any denomination of fiat currency into TRX, simultaneously turning any Tron Kiosk merchant into a fiat currency-to-TRX exchange.
Detailed whitepaper
https://docs.google.com/document/d/1VIysFeiamSXwNBQwDrBicNUjFlDyQqgL-jO54Yc0iHo/view
Business model
Alternative A: Preferred revenue model is to retain 1% of gross merchandise value (GMV) processed in TRX (versus, for example, 2.75% by Square) as a transaction fee, which is automatically charged in TRX via a smart contract upon customer paying the merchant the full transaction amount in TRX. Of this 1% transaction fee on total GMV, retained in TRX, into perpetuity:
Alternative B: No transaction fees are charged at all, making Tron Kiosk available inside of the Tron Wallet app entirely for free. While supposedly appealing at first casual glance, this approach has one very clear drawback of missing any monetary community incentives to spread "word-of-mouth marketing". If the 1% transaction fee per transaction is not charged and esp. the 80% of that retained transaction fee is not shared back to reward current voters of Tron SR "Tron Society", the community has no hard and permanent monetary incentive at all to spread "word-of-mouth marketing" for Tron Kiosk.
The text was updated successfully, but these errors were encountered: