The Ledger
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Ghosh: Rwango is the only Wi-Fi proximity marketing company globally
“And we are the only guys in the world who do wifi based proximity marketing.”
Ghosh: Wi-Fi beacons achieve 10x reach because users leave Wi-Fi on
“So, Bluetooth and Wi-Fi, because Wi-Fi, most people keep Wi-Fi enabled on their phones, so the reach of for proximity marketing with a technology like ours is 10 times greater.”
Ghosh: Amazon Go cashierless model is the way forward for retail
“I think so. I think so. There will obviously be corner cases and usability issues, but I think it definitely is the way forward.”
Ghosh: Amazon Go relies on Bluetooth for proximity and Wi-Fi for range
“I hear from guys there that they're using Bluetooth as well as Wi-Fi. Bluetooth for near-field communications or, you know, communications that need much more granularity and Wi-Fi for a little far away communication.”
Ghosh: Rwango is actively considering holding an Initial Coin Offering
“We are looking into it very actively. But you know, it all depends.”
Ghosh: Rwango generates $15K monthly recurring revenue plus setup fees
“We do 15 K in monthly recurring and a few thousand more on top of that.”
Ghosh: Rwango deployed 500 locations from four inbound leads
“We got this lead while our product was still under development through our website inquiry, and we got around four leads, and between these four customers they basically had 500 locations where they got.”
Ghosh: Rwango's standard beacons reach 80 feet, specialized units reach 500 meters
“Around 80 feet is our tested range. You know, we can assure that it go works up to 80 feet. Although we have a, you know, special beacons which have antennas where we have extended the range up to half a kilometer for certain specific, special use cases. But y…”