Greetings PopCom Investors and Supporters! We hope all of you are staying safe and healthy. We have great news - the crowdfunding campaign is live and you can now invest in PopCom. The minimum amount to invest is $250.25.
Although the timing is sensitive due to the COVID outbreak, we must continue to look towards the future and build products for our customers. While some industries are hurting, the need for social distancing validates the need for vending and retail automation. We believe that the market will continue to move towards self-service and contactless retail. Vending machines and convenience services are becoming more essential, and retailers are looking for more ways to deliver their products direct to customer with less human friction. We are excited about what is to come.
Since we closed our historic crowdfunding campaign for $1.07M in April 2019 we have built three market ready products and have two patents pending:
PopShop Kiosk - Digital Pop-up Shop (vending machine) that dispenses products
PopCom Kiosk - ordering and translation kiosk that does not dispense
Our core product is our software (SaaS) that is sold as a white label API for vending/kiosk manufacturers to integrate when they build the machines - which is where we stand with KIOSK Information Systems.
PopCom age gating system to verify customer identity to purchase regulated retail products like cannabis/Alcohol/pharma.
Our vision is to have an IoT network of automated retail hardware running on our operating system. In order to execute this vision, we had to create our own hardware to demonstrate the power of our software. We are not a manufacturer, and we do not plan to own or operate machines, but the uniqueness of our hardware is what attracts people to PopCom. Building and developing the PopShop has taken years and has been capital intensive, however it was absolutely necessary to set us apart from the competition and other technology in our space. This was validated at the NRF show when we had several Fortune 500 companies contacting us after the show about a PopShop. Watch this video to see the amazing analytics we captured at the shows - our product works and we are excited to see it working in the world.
We are now raising capital to grow our operations, build our sales team, reach more customers, go into full production of the PopShop, and scale our age gating and ID verification product for regulated retail. With your investments, we believe we can reach the next milestones to success.