Colocals, founded in 2019, is a community-driven platform that helps local businesses such as restaurants, salons, and shops build sustainable customer relationships. By directly connecting them with nearby residents, Colocals enables businesses to gather feedback, co-create promotions, and even raise crowdfunding—all within a single blockchain-powered ecosystem. For just €20 per month, local entrepreneurs can engage customers, grow visibility, and strengthen community loyalty, helping reduce the high failure rate of small businesses.