Overview of Cosmose.ai
Cosmose.ai is a retail-focused technology company that combines artificial intelligence and blockchain to bridge the gap between physical and digital commerce. Founded in 2014, it has developed an ecosystem of products aimed at improving retail engagement through predictive analytics and personalized experiences. Operating primarily in Asia, Cosmose serves over 20 million retail locations across regions including Singapore, mainland China, and Japan. Its recent integration with the NEAR Protocol positions it at the forefront of Web3-powered retail transformation.
Key Products and Offerings
KaiKai: A Gamified Shopping Experience
KaiKai is a shoppertainment mobile app that encourages users to discover retail stores and earn rewards through gamified shopping. Users can pay with KAI-CHING tokens, Cosmose’s native stablecoin, which reduces transaction fees significantly compared to traditional methods like Stripe or PayPal. Merchants and customers both benefit from lower fees, faster payments, and real-time rewards.
KAIKAINOW: Personalized Lock Screen Engagement
KAIKAINOW offers users curated content directly on their smartphone lock screens, such as news, games, and product recommendations. By engaging with these personalized experiences, users earn KAI-CHING tokens, fostering deeper consumer interaction and brand loyalty. The platform integrates both retail engagement and entertainment, making daily interactions with smartphones more meaningful and rewarding.
KAI-CHING and Blockchain Integration
KAI-CHING serves as the currency within Cosmose’s ecosystem, enabling seamless transactions and rewards across its platforms. Built on the NEAR Protocol, KAI-CHING provides fast and low-fee transactions. The NEAR blockchain infrastructure also ensures data transparency and privacy by enabling edge computing—user data is stored locally on devices, giving individuals full control over how their information is used and shared.
AI-Powered Retail Analytics
Cosmose.ai uses advanced AI analytics to track in-store foot traffic, predict shopping behaviors, and deliver tailored recommendations. These insights help retailers design targeted marketing campaigns, improve customer experiences, and increase conversions. Cosmose AI has partnered with luxury brands such as LVMH, L’Oréal, and Estée Lauder, helping them connect more effectively with consumers through personalized shopping journeys.
Market Impact and Partnerships
In 2023, Cosmose AI secured a major strategic investment from the NEAR Foundation, raising its valuation to $500 million. The partnership aligns Cosmose’s AI and retail expertise with NEAR’s blockchain technology to drive sustainable growth. The company aims to expand its user base beyond Asia and enhance its Web3 offerings, focusing on consumer empowerment through data transparency and personalized engagement.
Future Outlook
Cosmose AI continues to innovate within the retail sector, blending blockchain, AI, and consumer insights to create engaging and frictionless shopping experiences. The company is committed to expanding into new markets and further developing tools for data transparency and consumer privacy. Its focus on gamified retail and AI-powered recommendations positions it as a leader in the evolving Web3 retail landscape.
