Solutions Vending International is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$252.00 minimum investment

Solutions Vending International

High-IQ Vending and Kiosk Technology

Small OPO
Columbus, OH
Consumer Products
Accepting International Investment
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PopCom Brings Face Recognition, Blockchain, and A.I. Technology to Vending and Kiosks

Female Founder | Minority Founder | SaaS, IoT, Blockchain

 

PopCom is an automated retail technology company that has built a SaaS & IoT platform for vending machines and kiosks that provides deep consumer insights and engagement for machine operators. The company is seeking investment to help solidify its strong position in the industry as well as fund new development of new blockchain-enabled software that will enable consumers to securely buy government-regulated products (e.g. pharmaceuticals, cannabis, alcohol) from vending machines and ensure retailers stay complaint. 


Deal Highlights:

  • Patents pending for a highly unique and innovative automated retail hardware design called PopShop Kiosks with solid software IP
  • $901k raised to date from TechStars, Canopy Boulder, Backstage Capital, JumpStart, and others
  • Past and upcoming paid pilots with Procter & Gamble (largest consumer product brand in the world), and others
  • $3.72M in projected SaaS annual recurring revenue and $437,000 in hardware revenue with inbound sales pipeline (Sales Pipeline, Income Statements '18, '19, '20)
  • Direct partnership with the largest kiosk manufacturer in the US, Kiosk Information Systems, to white-label our software and become the preferred automated retail CRM software provider
  • Direct partnership with Samsung to market PopCom's technology solutions to tens of thousands of retailers worldwide
  • 1,000 planned kiosk integrations in pipeline
  • TechStars, Canopy Boulder accelerator alumnus and portfolio company, recently accepted into Brinc's IoT & Connected Hardware program
  • Featured in Forbes, VentureBeat, HuffPost, ThePitch, BlackEnterprise, and more. 

Self-service and automation are the future of retail. But right now, it's a future without data. We're changing that.

We're redefining omnichannel strategy for worldwide brands– from Fortune 500 companies to nimble e-commerce entrepreneurs, providing a completely new direct-to-consumer channel backed by unparalleled data and frictionless transactions. 

 

Retail is experiencing a global shift.¹ 

 

We believe automation and self-service are booming but valuable data is being lost on low-IQ machines.

This is an opportunity where we are positioned to dominate.

Automation is at the heart of a colossal shift in the retail paradigm, and in the midst of this phenomenon deemed “the Retail Apocalypse”, the self-service retail industry is exploding.² In fact, over two-thirds of retail customers now prefer to self-serve and over 100 million people purchase goods and services from vending machines or kiosks each day in the U.S. ³


 

 

Advancements in automated retail aren't without their caveats.

The devil is in the details.

While the majority of consumers enjoy added convenience and lower friction transactions, data also suggests that a personalized retail experience is still of great value in the buying process.⁴  Retailers, in the midst of reaping billion-dollar savings from self-service in the form of extremely low operating costs and 24/7 commerce, must address this need for personalized customer experiences without the help of humans at the point-of-sale. Hence, the arrival of smart vending machines was heralded. And with a CAGR of 49%, the industry is booming. ²


 

PopCom's secret sauce? Our software.

We believe we’re uniquely positioned in a market that is currently domiciled by slow-moving, behemoth hardware companies whose turnkey solutions are so expensive that even the largest CPG companies in the world may feel sticker shock when they see the cost of a pilot with our competitors. Our turnkey solution, the PopShop Kiosks with PopCom SaaS, are affordable for any team, from Fortune 500 to single-founder e-commerce brands. Not only is our hardware versatile, sexy, and affordable, we built exceptional software with features that facilitate fun, engaging customer experiences and allows retailers to glean powerful consumer insights and forge stronger relationships with their target demographic. 


The last piece pièce de résistance? We're white-labeling our kiosk software for use in the 18 million existing machines worldwide, powered by our partnership with the largest kiosk manufacturer in the US, Kiosk Information Systems. 

 

 

“We think this is the innovation many companies we work with are going to be very interested in and believe in the founder and CEO, Dawn Dickson.”  

Bill Butler

CEO, KIOSK Information Systems

 

But we aren't stopping at just traditional retail. 

 

 

With your help, we're also disrupting a retail sector that has remained virtually untouched by automation: the Regulated Retail Economy.

Using blockchain and smart contracts, we're augmenting our current tech to power machine-driven transactions for government-regulated products.

Want the technical details?

↳ LEARN MORE ON OUR WEBSITE

 


 


PopCom defines the Regulated Retail Economy as the system by which consumers and retailers interface with government-regulated goods which require identification, sales compliance, supply chain information, or a combination of all three.

It represents over $3 trillion in global revenue, growing to $5 trillion by 2022 and is severely underserved by automated transactions. ⁹⁻¹²

Concerns regarding the security of personally identifiable information (PII), computer vision reliability, and compliance tracking have deterred automated retail innovators from entering the space– until now. We're going to leverage advancements in blockchain, decentralization, and smart contracts to introduce a "2.0" version of our own ecosystem, a first-to-market solution that puts private consumer data back into the hands of consumers and ensures retailers stay compliant with government regulators for every transaction. 


 

We'll disrupt massive regulated industries.

 


Legal Cannabis

The Regulated Retail Frontier

It’s no secret that the cannabis industry is one of the fastest growing segments of retail in modern history.¹⁰ Retailers in this "budding" industry face extraordinary transactional compliance hurdles and business risks that could be eradicated with PopCom's automated retail solution: 1) federal prohibition of cannabis sales means retailers in legalized states operate in an all-cash basis, which makes them targets for robberies and fraud ²¹; 2) per-person limits on cannabis purchases are almost impossible to enforce because consumer purchase data exists in walled silos, promoting rampant "no limit" use ²²; and 3) government-mandated seed-to-sale tracking must be enforced without fail– if product is lost, stolen, or unaccounted for, the retailer is at risk of losing their license.²³


 

 

In our latest analysis, the big trend we are seeing for 2018 is a far greater mix of market research consultancies partnering with innovative technologies to conduct qualitative and quantitative research.

Caleb Costa

InCrowd CCO 

 

 

Pharmaceuticals

An Innovation-Drive Industry

Collectively, Canada, Mexico, and The United States represent the largest continental pharma market in the world. The U.S. market alone is expected to grow to $1.12 trillion in 2022, with the fastest growth occurring during 2016-2020.¹⁴ This growth in revenue will undoubtedly be closely accompanied by the industry’s expansion into technology-based solutions. Based on PopCom’s discussions with prospective clients in the healthcare industry, this is indeed the case; a technological revolution is on the horizon. Not only will the shift to self-service technology bring 24/7 access to important medication for patients, the data gleaned from their interactions with machines will effectively turn consumers into "e-patients.” This opens up groundbreaking possibilities for distributed and automated healthcare research. 

Other Verticals

Alcohol, Tobacco, Lottery, and Gambling

Alcoholic beverage sales are restricted globally by age and identification requirements that can vary significantly across jurisdictions. For example, in the United Arab Emirates, a non-Muslim resident can obtain a license to purchase alcohol for home consumption which is only valid in the Emirate of issuance. In addition to Emirate-specific licensure, the legal minimum age to purchase alcohol varies across the Emirates as well.¹⁸ In the tobacco industry, there is an established regulatory concern regarding vending machines because existing machines do not have the technology to meet compliant sale standards set by the FDA.¹⁹ In the gambling/gaming industry, identity verification is an integral part in preventing fraud and minors from gambling. If lottery retailers or casinos fail to accurately ID their customers, they can face huge financial losses and penalties from regulators. ²⁰


PopCom’s white label software solutions can be used to create a fully compliant, simplified, and automated point of sale system regardless of jurisdiction with advanced metrics available for consumer behavior and demographics. 

 

Here's how it works.

 

1. Customer approaches machine and scans face

Facial biometrics are scanned, hashed, and matched to the customers facial template hash stored on the blockchain. If the hashes match, the storefront is unlocked.

2. Customer selects restricted product

Each storefront product exists within the context of a smart contract that contains the necessary information about which compliance oracle to send a request for approval to, daily limits on purchases, and supply chain tracking info.

3. System checks compliance service

We submit the necessary information to ensure the retailer is not selling to someone who has already purchased the legal amount.

4. Product sale is approved, sale data is recorded, and product is vended

If the compliance service gives the green light for the sale, the product is vended and the sale is recorded on the blockchain.

Want the technical details?

↳ LEARN MORE ON OUR WEBSITE

  

(Above) Animated illustration simulating PopCom's future blockchain product for the regulated retail industry.

It's a novel solution for all stakeholders.

 

One that unleashes the unbelievable power of data while keeping it secure.

Using cutting edge tech to establish a completely new automated retail sector that accounts for all stakeholder concerns.  

  

 

  

 

And eradicates barriers to data exchange by making consumers the controllers and beneficiaries of their purchase data.

Opening the door to unprecedented data cohesion for direct-to-consumer distribution. 

A rarity in blockchain: use-cases that make sense.

Self-Sovereign  Identity

Protected by secure biometrics, consumers can dictate where, when, and for what purpose their decentralized identity is used.



Use case: Eliminating the proliferation of high-risk private data silos often targeted by hackers

De-Identified Data Exchange

Our technology uses computer vision to collect anonymous consumer data, while still allowing consumers to benefit from sharing private shopping data.


Use case: Compensating consumers for securely sharing their data  with retailers or researchers.

Automated Compliance

Service Oracles ensure regulated goods are sold within legal constraints with records stored securely on the blockchain.



Use case: Enforcing consumer purchase limits autonomously in pharmaceutical or cannabis machines

Supply Chain Provenance

Blockchain enables transparent and reliable track-and-trace functionality for all autonomously sold products, keeping retailers compliant and regulators happy.


Use case: Government mandated seed-to-sale tracking and supply-chain reporting for cannabis vending machines

Want the technical details?

A clear token model and blazing fast infrastructure.

 

Point of Purchase Utility Tokens (XPOP)

Used to settle Regulated Retail Transactions and incentivize the exchange of powerful consumer data.

PopCom plans to create a utility token called Point-of-Purchase Token, or XPOP, that will provide means to settle transactions within the PopCom Blockchain Ecosystem. There are several classes of transactions in the planned Ecosystem, all of which are detailed in the whitepaper and listed below:

  • Regulated Retail Transactions (RRTx's)
  • Decentralized Data Exchange Transactions
  • Platform Service Transactions
  • Other Transactions


Want the full details?

↳ LEARN MORE ON OUR WEBSITE

 

 

GoChain is 100x faster, 1000x more energy efficient, and 7500x cheaper than Ethereum. PopCom is proud to announce a strategic partnership with the GoChain team that will enable a faster and more cost effective blockchain solution.

 

 

We have people that will make it happen.

 

We are small but mighty team, always willing to put all hands on deck to get the job done. We do a great job of delegating and collaborating - there are no egos, we are truly a team and have a family environment. Our company culture promotes freedom and flexibility, we make mental and physical health a priority, we believe that people perform the best when they are happy and healthy. Our team is driven, extremely talented, passionate about what we do and what we are building, and we love working together. 

PopCom is a company of entrepreneurs and industry thought leaders in software, hardware, digital marketing, and business development. What makes us incredibly powerful are our diverse and complementary strengths and experiences. Most of our team has a technical /engineering background and all of us have either started a company or worked for a start up in the past. 

Our CEO, Dawn Dickson, with the first PopShop Kiosk working prototype

 

Our technology is production-ready.

 

Progress to Date

We have produced two fully manufactured and working PopShop Kiosk prototypes. We are waiting to close deposits on 25 machines priced at $15,000 to give the green-light to our hardware manufacturing partner, Kiosk Information Systems, to begin full production on the PopShop Kiosks. We anticipate to enter full production before the end of 2018. 


Our  PopCom POS and API are deployed in test staging and fully working on the PopShop Kiosks. As with all software, we are still actively developing new features based on our customers' needs. We anticipate production software deployment prior to shipping our first machines. 


The white-label analytics software solution is in the initial development and requirements phase. Our software team is actively working with Kiosk Information Systems on core integration and API development that will connect our retrofit technology (e.g. camera, facial recognition, shop software) to their existing machines. We anticipate shipping production code for the first integration partners in Q1-Q2 2019.  

https://www.worldnomads.com/travel-safety/middle-east/united-arab-emirates/drinking-and-the-united-arab-emirates-dont-mix

 

(Above) Video of first PopShop Kiosk prototype with POS demo

(Above) Video of second PopShop Kiosk prototype with dispensing demo

 

Here's why you should invest in PopCom.

 

Top: PopCom team meeting

Bottom: Our CEO presenting PopCom for regulated retailers at ShopTalk

PopCom is not a brand new company comprised solely of ambitious blockchain academics; it is comprised of innovators and leaders that have a history of bringing disruptive technology to market.  PopCom is at a very advantageous position in terms of bringing blockchain to widespread public use: the company already has developed existing, high-quality products that are being built in a way that facilitates an easy transition to a blockchain network; the company has existing  commercial relationships with Fortune 500 companies– including pharmaceuticals–and cannabis dispensaries that have expressed interest in PopCom's regulated retail solution; and the technology that PopCom plans to build will be white-labeled for possible use in over 18 million vending machines and kiosks.


The Popcom team believes in a future where decentralization is not just a concept at the fringes of technology, but is the norm. Instead of fighting a decentralized business model, the company's technology will bring the power of decentralization and self-sovereign identity to regulated retail–
a market in desperate need of innovation and disruption. With powerful institutional backing, a very strong press presence, and a team of die-hard entrepreneurs, PopCom stands to bring blockchain technology to the forefront of automated retail and consequently the public's everyday lives. The company invites forward-thinking investors to join them in bringing their transformative technology to the world.


The Offering


In order to fast-track development of the technology, PopCom has resolved to offer a dual token offering. Investors who take part in the Class A Common Stock offering, deliverable in the form of tokens ("PCOM Tokens"), will also receive XPOP tokens as a bonus perk, minted and distributed on the GoChain blockchain (if and when they are developed).  Join us as we change the face of the Regulated Retail Economy. 


Investment: Class A Common Stock deliverable in the form of tokens ("PCOM Tokens") & XPOP Tokens


$0.18/share of Class A Common Stock│When you invest you are betting the company’s future equity value will exceed $9M.


Perks*

Point-of-Purchase Tokens ("XPOP")

The Offering includes 10 XPOP Tokens for every $1 invested.  In addition, the following bonuses apply, and these perks are subject to the Bonus Rates and Terms noted below.  


Individual XPOP Token Bonus Rates:  Individual Investors who participate in the PopCom Regulation CF crowdfunding campaign may be eligible to receive bonus tokens if they contribute more than the minimum investment.  The size of the bonus will depend on the size of the investment, and the bonus thresholds are as follows: 


  • $500+ — If you invest $500-$1999, you'll receive a 20% Token Bonus (i.e. 2 extra XPOP tokens per $1 invested; a total of 12 tokens per $1 invested).
  • $2,000+ — If you invest $2,000-$9,999, you will receive a 40% Token Bonus, for a total of 14 tokens per $1 invested.        
  • $10,000+ — If you invest $10,000-$49,999, you will receive a 60% Token Bonus, for a total of 16 tokens per $1 invested.  
  • $50,000+ — If you invest $50,000-$99,000, you will receive a 80% Token Bonus, for a total of 18 tokens per $1 invested.
  • $100,000+ — If you invest $100,000 you will receive a 100% Token Bonus, for a total of 20 tokens per $1 invested.


Group Token Bonus Structure: In addition to whatever individual token bonuses an investor may receive for their individual investment, the entire investor pool may receive an additional token bonus, for their performance in helping PopCom reach certain investment milestones.  Additional token bonuses are as follows:


  • $107,000+ — "Milestone A".  If the StartEngine investor community collectively contributes more than $107,000 in total investment, each individual investor who participates in Milestone A, will receive 5 extra tokens per $1 invested.     
  • $535,000+ — "Milestone B".  If the StartEngine investor community collectively contributes more than $535,000 in total investment, each individual investor who participates in Milestone B, will receive 5 extra tokens per $1 invested and each individual investor who participated in Milestone A will now receive 10 extra tokens total per $1 invested.

*All perks will be delivered after the campaign is completed, and upon availability of the Tokens.  See Offering Summary below for additional terms.


For details on the bonus, please see the Offering Summary below.

PopCom Tokens (PCOM)

Description:  PCOM Tokens will represent a single share of Class A Common Stock, with rights, preferences, privileges, and restrictions as designated in the Articles of Incorporation and attached as an Exhibit to the Offering Document.  PCOM Tokens will be issued on the ERC20 Blockchain.  


The right to tokens is contingent upon the successful development of such Tokens and to the extent applicable, the blockchain upon which they function.  There is no guarantee that successful development will ever occur.  If development is not completed, investors will still receive shares in book-entry form.

Point of Purchase Tokens (XPOP)

Description:  Point-of-Purchase Tokens, or XPOP, are tokens which are planned to be issued on the GoChain network and will provide the means to settle transactions between retailers, regulators, researchers, consumers, and the Company within the PopCom Blockchain ecosystem. There are several classes of transactions in the planned Ecosystem, all of which are covered in detail in the Company's whitepaper, but for the purpose of brevity, will be listed here: Regulated Retail Transactions (RRTx's), Decentralized Data Exchange Transactions, Platform Service Transactions, and Other Transactions. 


The right to XPOP Tokens is contingent upon the successful development of such XPOP Tokens and to the extent applicable, the blockchain upon which they function.  There is no guarantee that successful development will ever occur.


Sources

1. https://www.prnewswire.com/news-releases/the-global-intelligent-vending-machine-market-is-forecasted-to-grow-at-a-cagr-of-3441-during-the-period-2018-2022-300574545.html
2. https://www.cbinsights.com/research/retail-apocalypse-survival-technology-trends/ 

3. http://www.balancedforlife.net/pdf/About%20Vending.pdf

4. https://hbr.org/2015/03/how-self-service-kiosks-are-changing-customer-behavior 

5. https://www.slideshare.net/stevenvanbelleghem/the-self-serving-economy 

6. https://www.forbes.com/sites/shephyken/2017/10/29/personalized-customer-experience-increases-revenue-and-loyalty/ 

7. https://www.prnewswire.com/news-releases/the-global-intelligent-vending-machine-market-is-forecasted-to-grow-at-a-cagr-of-3441-during-the-period-2018-2022-300574545.html

8. https://www.forbes.com/sites/louiscolumbus/2017/03/19/internet-of-things-will-revolutionize-retail/#4bc7f8ce5e58 

9. http://pharmaceuticalcommerce.com/business-and-finance/global-pharma-market-will-reach-1-12-trillion-2022/ 

10. https://mjbizdaily.com/chart-us-marijuana-industrys-economic-impact-could-reach-80-billion-by-2022/ 

11. https://www.prnewswire.com/news-releases/alcoholic-beverages-market-expected-to-reach-1594-billion-globally-by-2022---allied-market-research-618354513.html 

12. https://www.businesswire.com/news/home/20170221006223/en/816-Billion-Cigarette-Market-Global-Industry-Trends 

13. https://news.gallup.com/poll/221018/record-high-support-legalizing-marijuana.aspx 

14. http://pharmaceuticalcommerce.com/business-and-finance/global-pharma-market-will-reach-1-12-trillion-2022/ 

15. https://www.ncbi.nlm.nih.gov/books/NBK343572/ 

16. https://www.statista.com/outlook/18000000/104/otc-pharmaceuticals/north-america 

17. https://www.retaildive.com/news/cvs-brings-vending-machines-to-25-non-store-locations/504499/ 

18. https://www.worldnomads.com/travel-safety/middle-east/united-arab-emirates/drinking-and-the-united-arab-emirates-dont-mix

19. https://www.fda.gov/tobaccoproducts/guidancecomplianceregulatoryinformation/retail/ucm205021.htm#references 

20. http://www.mcall.com/business/mc-bethlehem-sands-underage-fines-20160713-story.html

21. http://www.latimes.com/nation/la-na-pot-shops-20160711-snap-story.html

22. https://www.greenentrepreneur.com/article/318967

23. http://www.cannabisbusinesstimes.com/article/a-seed-to-sale-shakeup/


 

Roadmap

In the Press

DAWN DICKSON’S ROAD TO $1 MILLION STARTED AT THE ENTREPRENEURS SUMMIT
May 31, 2018

Serial Entrepreneur Dawn W. Dickson, founder and CEO of PopCom, a software company for self-service retail, and Flat Out Heels, a producer of rollable flats for women and children sold online and through vending machines, always prepares for the next big opportunity.

Entrepreneur builds self-service kiosk for e-commerce
March 13, 2018

Dawn Dickson got into self-service retailing in 2011 with a very simple plan: create a vending machine to sell flat shoes for women on the run. But in the course of launching this business, she learned that self-service retailing technology was not sufficiently developed.

Meet The Women of The Blockchain: Dawn Dickson Founder & CEO of PopCom
January 1, 2018

I use my success and access to help other women and people of color, that is what I am most passionate about.

Brands Can Benefit from PopCom’s Intelligent Kiosks
June 7, 2018

Legend has it that the first vending machine was invented in the first-century by a Greek inventor and professor who wanted to prevent temple visitors from taking more holy water than they paid for.

The State of Entrepreneurship and Small Business Today [Radio]
May 6, 2018

On this episode of StartupNation Radio, your host, Jeff Sloan, chats with Dr. Luke Pittaway, Ohio University College of Business Copeland Professor of Entrepreneurship, and Dawn Dickson, founder and CEO of PopCom and Flat Out of Heels.

3 black female founders share how they got funded in the Midwest
April 29, 2018

Female founders are underfunded and underrepresented, but black female founders bear a disproportionate share of the burden. While female founders overall receive 2.7 percent of all venture funding relative to their male counterparts, black female founders receive 0.2 percent.

PopCom Making the Vending Machine of the Future
April 23, 2018

Vending machines as we know them—a customer chooses an item, inserts cash and punches in the corresponding letter and number combination—are on their way out. Modern digital technology is finally catching up with standalone retail machines, and Columbus company PopCom, formerly known as Solutions Ve

PopCom: Are Vending Machines the Future of Retail? (#31)
April 18, 2018

When you think of cutting edge technology, it’s unlikely vending machines pop to mind. But Dawn Dickson has a plan to change that with her startup, PopCom.

This company is powering the future of retail…here’s how
April 23, 2018

In retail, every transaction is an opportunity. An opportunity to make an impression. An opportunity to build revenue and turn product into profit.

CES unleashes a gold mine of self-serve retail technology
February 7, 2018

As consumer technology brings new conveniences, retailers and brands are finding they have to work harder to stay on top of emerging innovations. Those attending the recent CES event in Las Vegas found a gold mine of self-service products designed to help retailers and brands stay relevant as e-comm

Flexibility And Change Can Be Keys To Entrepreneurial Success
December 27, 2018

Dawn Dickson created Flat Out of Heels, for the 78% of high-heel-wearing women who take off their shoes because their feet hurt.

17 Top Black Influencers You Should Partner With In 2018
December 27, 2017

For a demographic that has a consumer buying power of $1.3T by the end of 2017, there still seems to be a huge gap or disparity with the representation of Black Influencers in various industries.

Marcus Lemonis says don’t sell, it may be the next big thing!
March 1, 2014

Flat Out of Heels sells rollable ballet flats for women. CEO Dawn Dickson launched the Miami-based company in 2012, and the product has been selling like crazy ever since.

Inc Magazine Top 100 Female Founders
October 1, 2018

Dawn Dickson, PopCom CEO, mentioned as one of the Top 100 Female Founders in 2018 by Inc Magazine.

Fundraising lessons from a serial entrepreneur
August 28, 2018

Dawn Dickson discusses four very important lessons she's learned as a founder raising venture capital.

Launch Pad: PopCom Builds a Smarter Vending Machine
August 1, 2018

Industry experts, investors, and users weight in on the potential of PopCom as a company. "...The PopCom kiosks fill every gap we've imagined."

Offering Summary

Maximum 5,236,405* shares of Class A Common Stock, deliverable in the form of tokens ("PCOM Tokens") ($942,552.90)

*Maximum subject to adjustment for bonus shares. See 10% Bonus below

Minimum 55,555 shares of Class A Common Stock, deliverable in the form of tokens ("PCOM Tokens") ($9,999.90)


Company
Solutions Vending International
 

Corporate Address
1275 Kinnear Road
Columbus, OH 43212
 

Description of Business
PopCom is an automated retail technology company providing software and hardware solutions for self service retailers. The company is using cutting-edge technology to bring unparalleled consumer data insights to retailers and provide an engaging and frictionless  experience to automated retail transactions.
 

Type of Security Offered
Class A Common Stock (the "Securities") and XPOP Tokens (the "Tokens")
 
Purchase Price of Security Offered
$0.18 per share of Class A Common Stock
 

Minimum Investment Amount (per investor) 
$252.00













Perks*

The Offering includes 10 XPOP Tokens for every $1 invested.  In addition, the following bonuses apply, and these tokens are subject to the Bonus Rates and Terms noted below.  

Individual XPOP Token Bonus Rates:  Individual Investors who participate in the PopCom Regulation CF crowdfunding campaign may be eligible to receive bonus tokens if they contribute more than the minimum investment.  The size of the bonus will depend on the size of the investment, and the bonus thresholds are as follows:

  • $500+ — If you invest $500-$1999, you'll receive a 20% Token Bonus (i.e. 2 extra XPOP tokens per $1 invested; a total of 12 tokens per $1 invested).
  • $2,000+ — If you invest $2,000-$9,999, you will receive a 40% Token Bonus, for a total of 14 tokens per $1 invested.        
  • $10,000+ — If you invest $10,000-$49,999, you will receive a 60% Token Bonus, for a total of 16 tokens per $1 invested.  
  • $50,000+ — If you invest $50,000-$99,000, you will receive a 80% Token Bonus, for a total of 18 tokens per $1 invested.
  • $100,000+ — If you invest $100,000 you will receive a 100% Token Bonus, for a total of 20 tokens per $1 invested.

Group Token Bonus Structure: In addition to whatever individual token bonuses an investor may receive for their individual investment, the entire investor pool may receive an additional token bonus, for their performance in helping PopCom reach certain investment milestones.  Additional token bonuses are as follows:

  • $107,000+ — "Milestone A".  If the StartEngine investor community collectively contributes more than $107,000 in total investment, each individual investor who participates in Milestone A, will receive 5 extra XPOP tokens per $1 invested.     
  • $535,000+ — "Milestone B".  If the StartEngine investor community collectively contributes more than $535,000 in total investment, each individual investor who participates in Milestone B, will receive 5 extra XPOP tokens per $1 invested and each individual investor who participated in Milestone A will now receive 10 extra tokens total per $1 invested.

*All perks and tokens will be delivered after the campaign is completed, and upon availability of the Tokens.



Terms of Tokens


Class A Common Stock Tokens ("PCOM", "PopCom Tokens")

Description: The PCOM Tokens will represent a single share of Class A Common Stock  of the company, with rights and preferences as designated in the Articles of Incorporation and summarized in the Offering Document.

  • Blockchain: ERC20 token distributed through StartEngine Secure
  • Exchanges: Tokens intended to be tradable on StartEngine LDGR, tZero, and any other ATS upon launch of the service.

Other Material Terms:

  • Voting Rights: None
  • Restrictions on Transfer: 1 year from closing of this Offering
  • Dividends/Distributions: None
  • Redemption Rights: None

Please see Offering Document for complete set of rights and preferences.



XPOP Tokens 

Description:  Point-of-Purchase Tokens, or XPOP, are tokens which are planned to be issued on the GoChain network and will provide the means to settle transactions between retailers, regulators, researchers, consumers, and the Company within the PopCom Blockchain ecosystem. There are several classes of transactions in the planned Ecosystem, all of which are covered in detail in the Company's whitepaper, but for the purpose of brevity, will be listed here: Regulated Retail Transactions (RRTx's), Decentralized Data Exchange Transactions, Platform Service Transactions, and Other Transactions. 

The right to tokens is contingent upon the successful development of such Tokens and to the extent applicable, the blockchain upon which they function.  There is no guarantee that successful development will ever occur.

  • Initial Blockchain: GoChain
  • Migration to Alternative Blockchain: Not planned
  • Expected Network Launch date: Q4 2019
  • Total amount of Tokens authorized for creation: 500,000,000 (subject to change without notice)
  • Amount of Tokens or Rights to Tokens already issued: None
  • Will they be listed on Exchanges: We currently intend listing the token on exchanges, but this may change, pending approval to list on such exchanges, changes to the regulatory landscape, or any other reason.  Security Tokens may be eligible for trading on SEC approved alternate trading platforms as they become available.  There is no guarantee that such a trading platform will be available at that time.

Other Material Terms:

  • Voting Rights: None
  • Restrictions on Transfer: 1 year from closing of Offering  
  • Dividends/Distributions: None
  • Redemption Rights: None


The Company currently does not have a functional distributed ledger based business model nor a blockchain based token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items.  There is no guarantee that successful development will ever occur.  The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.  

Tax Advisory: Investors should consult their tax advisors with respect to the tax basis for each of the Class A Common Stock and the XPOP Tokens, since they will trade independently.

No Sales in New York:  Because the XPOP tokens being offered or included as perks may be viewed as “virtual currencies” under the laws of the State of New York,  we are not offering the Class A Common Stock and XPOP Tokens to investors in New York.  No Investor who (i) resides, (ii) is located, (iii) has a place of business, or (iv) is conducting business (any of which makes the Investor a “Resident”) in the state of New York will be accepted in this offering.



The 10% Bonus for StartEngine Shareholders

Solutions Vending International will offer 10% additional bonus shares for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over  $1,000 in the StartEngine Reg A offering which closed earlier this year.

StartEngine shareholders who invested $1,000 or more in that StartEngine Reg A offering will receive a 10% bonus on this offering within a 24-hour window of this offering’s launch date.  This means you will receive a bonus for any shares you purchase.  For example, if you buy 1,000 shares of Class A Common Stock at $0.18 / share, you will receive 1,100 Class A Common Stock shares, meaning you'll own 1,100 shares for $180.   Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors received their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel"; Any expense that is for the purposes of inter-company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$280,775.03 USD
$22,247.49 USD
Cash And Cash Equivalents
$278,167.74 USD
$6,428.48 USD
Accounts Receivable
$100.00 USD
$0.00 USD
Short Term Debt
$638,084.85 USD
$1,350.45 USD
Long Term Debt
$638,084.85 USD
$30,000.00 USD
Revenues And Sales
$811.14 USD
$10,378.05 USD
Costs Of Goods Sold
$802.15 USD
$44.64 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$488,206.91 USD
-$9,102.51 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

We passed $65,000 and announced our partnership with GoChain

15 hours ago

GoChain To Build Pharma, Alcohol, And Cannabis Vending Machines In Partnership With PopCom

GoChain, a blockchain application network has joined hands with PopCom, which specializes in automated retail technology. PopCom is known for making smart vending machines and also provides Kiosk solutions.

The partnership between the two firms would see Popcom building a chain of products powered by GoChain, with a complete ecosystem. The first aim of the partnership is to build a chain of automated vending machines for government regulated products such as cannabis, pharmaceutical, and alcohol.


PopCom experience in building smart vending machines has made it a favorite among several fortune 500 companies. Both the firms would explore various possibilities of integrating the vending machine ecosystem with blockchain. PopCom’s software integration team has set the target at 18 million vending machines.

PopCom Brings Blockchain To Retail Business

PopCom is looking to integrate the advancements of the blockchain, biometrics, and smart contracts to the Gochain’s fast network. The integration would see a 2.0 version of regulated retail, powering machine-driven transactions in a secure and compliant way.

The latest partnership was looking to release the technology first as a vending solution, however, the plans have been modified to integrate 18 million vending machines together using the software solutions and kiosks, bringing blockchain to the forefront of retail business.

Dawn Dickson, PopCom CEO, said, “We’ve spent the last year seeking great partners in the blockchain, and we’re proud to work with the talented team at GoChain. Uniting a very exciting application of blockchain technology like PopCom with a fast and powerful network infrastructure like GoChain could pave the way for blockchain to finally become part of the public’s everyday lives.”

Read the full article HERE


Notice of Funds Disbursement

3 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Solutions Vending International has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Solutions Vending International be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

GoChain Partners with PopCom to Build Compliant Pharmaceutical, Alcohol, and Cannabis Vending Machines Powered by GoChain

4 days ago

Great release today from our partners at GoChain about how we will leverage GoChain’s fast and cost-effective network along with advancements in biometrics, blockchain, and smart contracts to augment its current automated retail platform into a “2.0” version for regulated retail, powering machine-driven transactions in a secure and compliant way. 


Read the full release HERE

We passed $55,000! Help us hit $100,000 by sharing with 3 friends!

5 days ago

Happy Monday!! We passed $55,000 in our campaign today which means we will be featured in the Start Engine email this week to thousands of investors - THANK YOU for helping make that happen!

If you missed the 'ask me anything' session with our CEO last week it is posted on YouTube and you can watch it at this link. You can read more about secure token offerings and our fundraising journey please read 'ICO Discovery Journey' on Dawn's Medium blog. 


Startup PopCom to provide biometric vending machines for regulated products (BioMetric Update)

9 days ago

| Chris BurtCATEGORIES Biometrics News  |  Commercial Applications  |  Facial Recognition

LINK TO ARTICLE ON BIOMETRIC UPDATE

Smart vending machine company PopCom has launched a Security Token Offering (STO) to raise up to $943,000 in funding to support the development of a blockchain-powered product ecosystem for sales of government-regulated products such as cannabis, pharmaceuticals, and alcohol, Black News reports.

PopCom’s software and API for vending machines and kiosks feature demographic analysis, facial and emotion recognition, and other customer engagement features, and support biometric payments. The new version 2.0 of the company’s platform leverages biometrics, blockchain, and smart contract technology to enable secure, compliant transactions. The new version will be launched initially as a turnkey solution, with the API version following for broader integration.

Founder and CEO Dawn Dickson has appeared on the cover of Black Enterprise magazine and was named one of Inc. magazine’s top 100 Female Founders for 2018, according to Black News.

“As a company that exists on the forefront of product innovation in our industry, we see the blockchain revolution as an amazing frontier for further innovation in retail.” says Dickson. “We believe it’s the key to enabling better consumer access in markets like cannabis, pharma, and alcohol while still preserving privacy and compliance.”

PopCom has raised more than $900,000 previously from several startup funds, and has raised just under $30,000 in its STO so far.

The compliance features offered by PopCom include inventory track-and-trace, dosage information displays for customers, and auditable records. PopCom has a pilot upcoming with consumer product giant Procter & Gamble, and plans to pilot the new compliant automated retail technology in Q4 2019.

Among a number of companies around the world developing biometric vending machines, Le Tach is planning to expand its network of machines in Singapore from 400 to 1,000.


We passed $40,000 today, thanks so much everyone!!


#AMA Recap with our CEO Dawn Dickson...$35,000 and counting!

9 days ago

Thank you for helping us pass the $35,000 mark!! Our next major milestone is $45,000 - then we will be eligible for a feature in the Start Engine newsletter that goes out to thousands of investors. Let's keep the momentum going by sharing the campaign with 3 more people...can we count on you? 

If you missed the 'ask me anything' session with our CEO yesterday it is posted on YouTube and you can watch it below. Our next #AMA session will include some key members of the PopCom team, we will discuss the technology in detail and even share a demo with you...stay tuned! 


We passed $30,000! #AMA tonight with our CEO

11 days ago

So clearly you guys love the idea of marijuana in vending machines 😁🙌🏾 that’s only one of the use cases for PopCom technology but it’s a fan favorite!

 THANK YOU to our 62 investors who helped us pass $30,000!! Next milestone is $35,000 🙌🏾spread the word and invest. Also tonight (1/8) we are doing another #AMA session with our Founder & CEO Dawn Dickson at 8pm ET on Instagram live @DawnWDickson follow her and join us. Dawn also did a great interview yesterday on secure token offerings (STOs) and the benefit for entrepreneurs and investors, watch the replay on YouTube HERE

Meet the Black Woman Who is Raising $900K to Launch Medical Marijuana Vending Machines

12 days ago


Columbus, OHPopCom, a leading Black-owned automated retail technology company specializing in smart vending and kiosk solutions, has announced its plans to develop a new blockchain-powered product ecosystem that enables cannabis, pharmaceutical and alcohol retailers to automate the sale of government-regulated products. The company is inviting forward-thinking investors to join them in bringing transformative technology to retail via their Security Token Offering (STO)–a public fundraising round that allows to anyone invest in the future of retail. The minimum investment is $252 and the team is looking to raise $945,000 in a 90 day period.


“It was important to me to be able to raise money from my friends and family, and my community of supporters, many who are not accredited investors,” said PopCom Founder & CEO Dawn Dickson, a serial entrepreneur who graced the cover of the June issue of Black Enterprise and was named as INC Magazine’s top 100 Female Founders for 2018. “By raising money through Title II Reg CF I can now take money from anyone, now people can invest in tech company and get in early. Too often I watched under represented communities left out of deals, now anyone can support.” The campaign launched right before Christmas and passed $25,000 this week. 


READ THE FULL ARTICLE HERE

We hit $20,000! Thank you!

15 days ago

What a great way to start 2019 with 41 new investors in our company and a bright future ahead! Thank you for your support! Please continue to share the campaign...can we reach $100,000 by January 20? 


PopCom New Year Challenge: Share our campaign with 3 people

16 days ago

Happy New Year! 2019 is starting off amazing for PopCom! Thank you you to our 34 new investors that have committed a total of $17,341 to our campaign, this is great momentum! We are pushing to hit $25,000 by January 10 - this will help us get the media and Start Engine platform visibility we need to make our campaign go viral. It is all about sharing! Even if you are not able to invest more or invest at all, please accept our 2019 NY challenge and forward our campaign to 3 people who are interested in investing in technology, who like to support female entrepreneurs, and/or who work in our industry. Then ask them to share with 3 more people, then ask that 3 to share with 3, then 3 more...you see where we are going here? Help us hit our goal and make history! www.StartEngine.com/PopCom


We hit $15,000 Let's keep it going!

19 days ago

THANK YOU to our 28 new investors that helped us pass $15,000 in the first 10 days...WOW, your support means the world to us! Let's keep the momentum rolling, help us reach $20,000 by January 1 -- tell a friend, family member, colleague to join you in support of PopCom. If you missed the #AMA with our Founder & CEO Dawn Dickson you can now watch it on YouTube HERE or listen on Apple Podcast and Spotify. She explains about secure token offerings, PopCom technology and her vision for the future of the company. Please feel free to also post comments and questions on our Start Engine page, we want to hear from you! 


We hit our first milestone!!

22 days ago

THANK YOU! We reached our $10,000 milestone in the first week from 23 investors! Your support means the world to us! Please continue to spread the word, get your friends, family, and colleagues to join you in support of PopCom - www.StartEngine.com/PopCom


VIDEO: Our CEO Dawn Dickson explains STOs, how to invest in PopCom and her vision for the future

23 days ago

THANK YOU so much for your support in the first week of our campaign. We realize that it is holiday time and the focus for most is relaxing, spending time with family, and getting those tax write offs in before the end of the year! Your early investment and support has been critical for us to get early momentum and we have to keep it going! We really want to get to $10,000 in the first week so we can make it to the 'Discover' section of Start Engine. Please share the campaign with family/friends/colleagues, let's make the PopCom investment go as viral as Bird Box (we know you watched it). 


On December 27 our CEO Dawn Dickson was live on Instagram for an 'Ask me Anything #AMA" session to talk about STOs, PopCom and how to invest. You can watch the recap HERE and below.


Thank you for watching!

30 days ago

Thank you to everyone who tuned in to our live pitch during Start Engine demo day! We have some great momentum with over 500 views to our campaign page in the first day and 8 investments in 24 hours. Let's keep it going...please share across your networks and encourage people to read about our STO. This is an exciting time for us and we are grateful to have you along for the ride. 



Start Engine Demo Day

about 1 month ago

We are EXCITED to announce that PopCom is now live on Start Engine and will be participating in StartEngine's final Demo Day of 2018 this Thursday, December 20th! We'd love for you to join and learn more about our project. You'll be able to ask us anything you'd like in real time. Come support us at 11:10 am PT, and register here (https://startengineinfo.typeform.com/to/AExx3A) for further updates.



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