Dubai, UAE, 19 May 2022, Chainwire
Libera Foundation , a first-of-its-kind data collection platform for emerging markets, has successfully raised investments from GAINS Associates to support the launch of their new product that will transform the supply chain industry.
The Libera Foundation has unveiled an innovative data collection application based on the “Share to Make Money” concept that enables the collection, management and analysis of big data systems in retail supply chains. The Libera team believes that by using Blockchain and AI technologies, the world can change the situation for the better in developing countries.
With Libera’s innovative tool, everyone can make their data work for themselves. Big data is usually associated with the fact that Google collects data to improve the user experience. The same idea can be associated with companies using the same concept to help people who need it most. Libera gives people in emerging markets the opportunity to use what they do best: their livelihoods.
By transforming a traditional business into a data-driven business, Libera helps its partners generate higher profits while improving the quality of life. Social impact is the reason why the Libera Foundation was created, but it also applies to technology and data. Data that used to be stored in spreadsheets and voicemail messages is now available on a single platform, providing companies with the vital information they need to grow revenue.
The new investment from GAINS not only provides an opportunity to expand the Libera community, but also further supports the technical team in completing the first commercially ready version of the Libera application. The main idea is to help collect data directly from small retailers in the course of their daily work. In exchange for their participation, retailers will receive the LIBE token and other individual benefits.
With blockchain, the app verifies and collects every bit of purchase data, such as SKU ID, category, price, quantity, time, and location. The collected data is further distributed to Libera Data Ocean, where it is securely stored.
Libera harnesses the power of artificial intelligence and machine learning algorithms to process and structure data to create recommendations, optimize inventory, and predict demand. Using Web 3.0, Libera can sell this data to fintech companies, multinationals, local brands and distributors.
“Everything we do, we do for people. After many years spent in developing countries, we are pleased to introduce Libera to the world. It’s a truly unique product that will prevent the people at the bottom of the retail pyramid from being neglected by providing them with the technology and support they need to succeed. We have a mission to change the world.” – Max Ward, CEO of the Libera Foundation and supply chain expert.
Libera allows anyone anywhere in the world to become a technology entrepreneur using local skills and resources. It unites communities around a common mission to improve lives through technology. Access through an Android smartphone and a first-class Web 3.0 infrastructure that allows you to use the power of big data for more than a billion consumers.
“We are pleased to cooperate with Libera. Their vision for the future of the supply chain is impressive and aligns with our ambitions in the industry. We look forward to supporting Libera as they transform new retail supply chains to generate revenue and achieve their goals,” Alexander Ruffin, Chief Executive Officer, Gains.
The Libera Foundation has successfully closed an initial round of $1 million in equity in 2021 and raised more than $500,000 during a private pre-sale of Libe tokens. The team is currently preparing for the May 15 TGE and the July 2022 listing on Dexes at a price of 0.0005 per Libe.
About the Lieber Foundation
Libera Foundation is a data collection company based in Dubai, founded in 2021 and part of the Libera Group. It was created as an additional non-profit partner of Libera Trade Artificial Intelligence, an artificial intelligence company. intelligence, offering a unique service that predicts demand and ensures continuous optimization of logistics upstream. Libera brings together customers, suppliers and partners around the world to create optimal business opportunities.
The Libera Foundation is a Web 3.0 company that helps enterprises make informed decisions about product placement, pricing, and merchandising. The company uses real-time data to help companies compete more effectively.
GAINS Associates Founded in early 2018, an early-stage venture capital firm that encourages entrepreneurs to drive their businesses to operational excellence in order to create platforms for extraordinary growth and wealth creation. The company is a pioneering decentralized investment fund that leverages human capital effectively with suitable value and benefits for blockchain crypto projects and their community.
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