Mission & Vision
Core Mission
Our mission is to empower a global movement of independently owned service businesses, consumers, and local communities to accumulate the wealth that is siphoned through chain businesses owned by ultra-wealthy exploiters. To extract maximum value from local communities, chain stores employ unfair competition to cannibalize independently owned businesses worldwide. As part of its mission, Service Time is countering these inequities by developing a trustworthy protocol and a community of believers to mitigate the sustainability risks facing independently owned service businesses worldwide. Working together, we can help these businesses transform their slow periods into profitable opportunities, thereby strengthening their revenue streams to withstand the inequitable competition from chain companies. We are enabling consumers and service providers worldwide to collaborate in sharing risks and rewards, ultimately enhancing people's lives economically and meaningfully.
Global Vision
Service Time envisions a decentralized ecosystem where independently owned service businesses, consumers, and IBIC holders can collaborate through a protocol to distribute equitable opportunities and wealth globally. Service Time's mission serves as the core foundation that inspires the protocol’s technological innovations and features. The protocol must address the ongoing challenge of revenue loss due to imbalances between peak and off-peak bookings faced by independently owned service businesses. By utilizing blockchain, tokenization, AI integration, and e-commerce, Service Time aims to enhance off-peak revenue for these businesses while delivering economic benefits to its community. The project emphasizes the importance of its ethos and community ownership and governance.
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