#2 ASSEMBLE & STA1.COM Strategic Partnership
Partnership details with STA1.com
The ASSEMBLE protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize existing points and miles with point providers, consumers and retailers.
In the previous post, we wrote an introductory post about the ASSEMBLE Protocol. Today’s post will cover the partnership between ASSEMBLE & STA1.com. STA1.com is a fashion curation app, that is based on crawling technology. Let’s check out how the partnership between ASSEMBLE and STA1.com works.
In order to build-up an intended fair partnership ecosystem, ASSEMBLE highly encourages the further participation of new partners from different industries. As a matter of fact, STA1.com, luxury e-commerce mobile application, happens to be a pioneering partner of the ASSEMBLE Protocol. Moreover, some of the employees of STA1.com will be participating in the initial stage of the ASSEMBLE Protocol, since they will be able to share their IT-related hard skills, which will certainly contribute to the success of the project.
STA1. com is a fashion curation app based on crawling technology that extracts data from the web pages of users. This enables consumers to purchase preferred products that reflect trends in the fashion sphere at reasonable prices. As of April 2020, STA1.com had reported the following numbers: accumulated transactions amounted to 64 billion KRW, accumulated sales revenue amounted to 4.3 billion KRW, along with 370.47 million product searches within the platform, and 997,000 items sold. Moreover, the STA1.com app has reached about 2.3 million downloads and around 520,000 users subscribed to their platform. STA1.com has a quite extensive partnership network, which comprises partnerships with around 5,000 brands. This includes brands that offer spa, sport, and luxury goods. They have around 6 million products registered to their platform.
ASSEMBLE is planning to closely collaborate with STA1.com in order to introduce the ASSEMBLE Protocol to the more than 5,000 customers of STA1.com. Their crawling technology will allow us to supply competitive products to the marketplace.
“STA1.com is a promising company that has been growing steadily since it launched its app in March 2016. The partnership with STA1.com is indeed a pioneering move, which will serve as motivation and encouragement for other potential partners to participate in ASSEMBLE’s project to build up a fair partnership ecosystem”.
Lee-Chae-Beom, CEO of the ASSEMBLE Protocol
Overall, ASSEMBLE’s core partnership with STA1.com will be its fundamental competitive advantage which will help the ASSEMBLE Protocol become widely used on both offline and online platforms.
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