A global platform predicts and influences how people shop in-store. Lately Cosmose AI has obtained funding from the Swiss NEXT, the creator of the world’s fastest and most energy-efficient blockchain.
The Polish startup, founded in 2014 by Miron Mironiuk, operates on Asian markets, and its valuation has just exceeded $0.5B. The company’s innovative technology, described in, e.g. Forbes and the Financial Times, combines smartphone users’ anonymous IDs with geolocation, allowing stores and brands to understand their customer’s behavior better and adapt marketing and sales strategies to consumer needs. This way, the startup provides customers with the best shopping experience and helps stores increase sales. The company currently has access to over 1B smartphones and 20M stores, and its solutions are used by the world’s most famous brands, such as LVMH, Richemont, L’Oréal, and Estée Lauder.
Cooperation with NEAR allowed the company to introduce innovations based on Web3 technology to its Cosmose Media and KaiKai products. KaiKai successfully leverages the NEAR protocol by creating its cryptocurrency, Kai-Ching, which is used for payments, cashback, and loyalty rewards. With Kai-Ching, buyers and sellers benefit from faster payment processing times and significantly lower fees. All this will allow the company to expand its solutions to other foreign markets and strengthen the pace of development of services driven by AI, Edge Computing, and an ecosystem that rewards the user for his co-creation.