Eugene Johnson
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, somewhere in that neighborhood.
Yeah, we're definitely over a million dollars a year in revenue.
No, we're like a POS on steroids.
What we do is we facilitate transactions, but instead of just stopping at the facilitation of transactions, we leverage the data almost in an e-commerce style process to drive those customers back into this door to get them to spend more and essentially get customers to try out net new businesses.
Something like that.
The process would be a lot easier for the business because a lot of the businesses don't have the time to actually develop those campaigns.
So our process would automatically do those campaigns for them.
Yeah, so I ran a small business, but mostly it's really kind of what we're trying to do in the long term that kind of got me interested in this path.
One of the businesses or companies that I worked with was a company called Meraki in the early days.
We launched a product that was trying to compete with purple Wi-Fi, which was this idea of capturing data, taking that data and then trying to leverage the digital data for an in-person experience.
And we called it bridging the gap between the physical and the digital.
And to me, when we look at Web 3.0, our belief is that Web 3.0 is taking what happens in the digital world and now bringing it back down to the physical world.
and making it simple, easy, rewarding, connected.
And that's really what Revy is trying to accomplish.
Yeah, so our setup process and all of our hardware is free.
And then they pay us a small transaction on each purchase.
So it's actually fairly simple for a business to get started.
They talk to one of our reps and we send out the equipment.
Yes, it depends on the business, depends on their volume, but it's usually around 1%.
Yes.