Smarts is a system that allows for a customer to walk into a store, grab the product they wish to purchase, scan the barcode of the product they want to buy and make the payment by using their smartphone. And for payment customers can also use cryptocurrencies.
Smarts is on the opinion that those who provide us their help and trust should also see a deserved return on it. That is why we conduct our Utility Token sale in a way that gives our investors the opportunity of acquiring our company shares which they will be able to profit from in the form of dividends.
Smarts will be split into class A and class B shares - 75% and 25% respectively. During our S/TO the 25% of Smarts OÜ will be made available to our customers during the sale.
The shares will be sold to our customers who have purchased Smarts utility token (SMT) as an advance payment for future services. As our customers, the SMT holders have the option to get a percentage of Smarts if they so wish. The B-shares on offer carry no obligations but they do have prior rights to dividends (profits will first be shared with B shareholders and only after then with the A shareholders) with Smarts obligated by law to pay the dividends to the holders of the B-shares when the company becomes profitable. All investors must go through a Know Your Customer (KYC) process before they receive their SMT and B-Shares.