Retail on the Blockchain

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LoyalCoin

By Andrew Ong Owner and General Manager of Gong Cha Philippines

Technology

RETAIL
ON THE
BLOCKCHAIN
ANDREW ONG
OWNER, GONG CHA PHILIPPINES

FIATCRYPTOCURRENCY
OFW REMITTANCES
OR
FOREIGN INVESTMENT
RETAIL SPENDING

United States
China
Philippines
Countries with the largest number of Starbucks stores
worldwide as of October 2017
Details from: www.statistica.com
324
2,936
13,930

RETAIL BRANDS W/ PRESENCE IN PHILIPPINES

WHERE IS THE MONEY COMING FROM?
• STATISTICAL DATA SHOWS THAT 33B USD WAS REMITTED
TO PHILIPPINES IN 2017.
• 200,00 CHINESE WORKERS ENTERED PHILIPPINES FROM
2016 TO 2018.
• AVERAGE MONTHLY SALARY FOR BPO CENTER EMPLOYEE
IS 18,000 PESOS.
• FOR 200,000 BPO EMPLOYEES, TOTAL DISPOSABLE
INCOME IS 3.6B PESOS WHEREAS ONLINE GAMING
EMPLOYEES WILL HAVE 12B PESOS MONTHLY AT THEIR
DISPOSAL
• AVERAGE MONTHLY SALARY FOR ONLINE GAMING
EMPLOYEE IS 60,000 PESOS.

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