What Loop does. For the Newbies.
loop is a software hardware company that specialized in AI driven and IOT, cloud based, data aggregation and monetization. They take the concept of Amazon ecommerce model of personalizing ads and promotions and basket pairings from online and bring it offline. Fobi, Loops proprietary device is plugged into existing POS systems and offers each customer a personalized, data based, promotion. Fobi connects from edge to cloud allowing retailers to enhance thier existing POS and inventory systems, connecting everything through the cloud. They offer a rewards system through tap to engage contactless technology. They offer contact tracing technology and platform. They are a digital marketing firm that has, in many opinions, begun to seriously disrupt the space. This device is the first of it's kind. Others do some of the things Fobi can do but not all. They make money the same way Facebook makes money. Everytime you click on an ad on facebook they get paid, if you redeem the promotion, they get paid more. Loop is set up the same way except in a brick and mortar space. A physical space. Rob has been developing this tech with his people for 4 years. It is now commercialized (meaning ready) and starting the heavy marketing and sales phase. When you invest in a startup you have a chance to grow with that startup. This company is about to grow in a big way. Take Care.