The SMB project has designed a pure reward token economy that is difficult to utilize in the existing e-commerce environment, linking the physical economy through 100% digital and encrypted links.In the past, OpenBazaar had a decentralized P2P trading model, but the sustainability of its user digital economy model was limited and lacked a token model strategy to attract customers. However, SMB improved these issues and built a true Web3 commerce.SMBWallet operates and manages these Web3 ecosystems in practice, and in order to expand them, it operates a local currency model in the form of branch coins, laying the foundation for its construction.The white paper includes a local currency based mainnet strategy and establishes a system to ensure that listed SMB coins serve as collateral and asset exchange for the global Web3 payment network's required goods transportation.
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