Next Trend? Old Dog Suddenly Best- New -trick In Tech-redundant Crypto
“B.A. Toys’ own branded cryptocurrency, Toyken, represents a melding of our brand's philosophy, proven business methods, customer expectations and all that encapsulates a total buying experience at B.A. Toys, but in the form of a virtual token” according to Jeremy Buse, B.A. Toys’ Founder.
“By blending non-conventional inventory strategies and conventional day-to-day sales techniques with innovative cryptocurrency integration, we will achieve an immersive, total buying experience at B.A. Toys.” Buse said.
B.A. Toys' inventory cycles are rotational for many products. B.A. Toys Forecast SIM is a working, successful model of forecast inventory strategy. Confirmed in prior years of business, B.A. Toys intentionally delays the retail distribution of appreciating discontinued toys & collectibles on annual cycles.
B.A. Toys Forecast SIM is a unique creation in which inventory management, duration and storage costs increase overall long-term costs, but result in overall sales revenue increasing at substantial multiples, while customer acquisition costs plummet. This also sets the stage for Toyken.
Jeremy Buse explains: “As we devote products to B.A. Toys Forecast SIM annually, we cover daily operational expenses through standard day-to-day sales as any retailer would. After analyzing sales data, we identify trends and demand that point to which items deserve the Toyken designation.”
Buse goes on to say, “We strive to constantly be selling both: today's currently popular toys, as well as, a delayed cycle of toys that were deemed collectible or high demand with the latter having a target release date of 3 to 5 YEARS earlier. Once we deem an item to require Toyken for purchase, it will never be for sale for US Dollars (or fiat), on our website or in any of our brick-and-mortar stores, again. We will only accept Toyken for those items. We will be monitoring live-market prices of Toyken and constantly computing adaptive pricing on items. Items prices are projected to be calculated on a 72-hour trailing average, with our algorithm excluding certain sets of highs and lows.”
New website features, upgrades and developments are underway, such as Toy Power, a membership that grants special discounts weekly, and access to special order items. ALL users of Toyken are members of ToyPower, for LIFE. To prove membership, you only need provide a wallet address that has held at least one Toyken at ANY TIME per the wallet transaction ledger. B.A. Toys also has paid subscription-based membership options that grant substantial discounts, expedited shipping and even the ability to purchase items at only 10% over their landed cost.
Another new future feature is ‘ToyTRAX’, an automated internet search bot plus stock ticker, tracker & portfolio but… for toys and collectibles. ToyTRAX will automatically document and chart historical prices on selected toys at selected sites. ToyTRAX can also be used to document the custodial chain of high-end collectibles and monitor conditions of Toyken. B.A Toys Founder says, “ToyTRAX doesn’t just scout the competition, it runs them over.”
B.A. Toys’ Horizon Project also includes the creation of B.A. Toys Marketplace, a 3rd-party sales venue for Toys & collectibles coming to a B.A. Toys asset which was recently acquired. B.A. Toys successfully enforced their rights in a registered-trademark dispute over the website batoys.com. BAToys.com will officially launch in 2020, being the home of B.A. Toys Marketplace which will additionally require vendors to designate 3% to 5% of their total items available for sale as requiring Toyken for purchase. B.A. Toys will handle the price conversions on such items, with live-price monitoring and data from ToyTRAX. Sellers on B.A. Toys Marketplace shall only need click a button inside their seller dashboard.
ToyPower, ToyTRAX and B.A. Toys Marketplace will each have some internal functionalities powered by Toyken.
The FIRST major event of B.A. Toys’ Horizon Project is the Toyken Early Adopter Offering Round being conducted LIVE from The Waves Exchange on May 4, 2019. This is a unique deviation in “customary” initial offerings in which buyers will be afforded the additional safety and rapid execution of exchange trades rather than slow, often manually conducted initial offerings from obscure websites.
You can find more information, including the Toyken white paper, Team info and social media links for B.A. Toys’ excitingly unique Horizon Project, which introduces cryptocurrency to a highly specialized sector of retail, by visiting badasstoysforbadassboys or www.batoys.com .