Hi Guys ! all of you know I always bring you the information about good crypto related projects through my blog. So today I’m going to introduce you a new cryptocurrency based project called #ARAW I think this project has strong potential in the future because it is an important connection of online shoppers with shoppers. Payment procedures are based on mobile devices.
What is ARAW project?
ARAW is an ecosystem with decentralized payment, based on Ethereum Blockchain, which seeks to increase the implementation of blockchain in everyday life around the world. ARAW IS the first company in the world to combine the benefits of e-Commerce and payments industries; to provide end-product solutions for e-Commerce, Cryptocurrency Touch & Pay cards, online cryptocurrency payment and unified reward system on Ethereum Blockchain based on the ARAW token. The purpose of the ARAW token is to be a part of everyday online shopping.
The Araw Ecosystem was carefully designed from the beginning as a supportive sphere in which users can be confident in their trades on the Blockchain. To capture a variety of users, we have provided an ecosystem platform that is scalable and effective, yet simple over the Ethereum Blockchain, where customers and brands can interact without
restrictions in a dependable, trustless, and mutually beneficial manner.
restrictions in a dependable, trustless, and mutually beneficial manner.
Also ARAW token will allow regular customers to participate in the rapidly expanding world of cryptocurrency — bringing benefits to all parties involved. The key factors are the ease of acceptance for the client as reward schemes are already common.
The ARAW token is a utility based token specifically designed for the global E-commerce marketplace. ARAW token works as unified rewards as well as mode of payments for both online and retail outlets.
Challenges, Approach, and Objectives
CHALLENGES
- ARAW PAY
Accept online payments with a click of button - ARAW TOUCH & PAY CARD
Enabling instore micropayments - TRANSPARENT
Transparent ecosystem to increase adoption rate - ADOPTION
Increase the ARAW token adoption by merchants - UNIFIED REWARD SYSTEM
Unified Reward System enabled e-commerce ecosystem
Approach
- PLUG AND PLAY WIDGET
Design and implement Araw Pay online widget which can be plug and play on any websites - CASHBACK
Easily redeemable rewards and rapid cash in will encourage customers to use ARAW card for all their shopping needs. - EASE OF USE
Intuitive user interfaces making it feel like second nature thus user do not notice the advance technology that power purchases and rewards system. - MERCHANT ADOPTION
Targeted and specialist resource dedicated to merchant on-boarding and support to ensure every client campaign is a success. - GROWTH
Specific campaign management assistance to help clients maximise adoption rates.
Objectives
- END-TO-END SOLUTION
Provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System powered by the Ethereum Blockchain regulated by the ARAW token - SELF MANAGED
Create a Consumers driven floating ecosystem - TRANSPARENT ECOSYSTEM
Create a Transparent ecosystem that can be used by regular customers across the world;and hence, increase the adoption rate of the ARAW token, the Blockchain based cryptocurrency.
ARAW Token Economy
Our market principle and mode of operation at Araw Marketplace results to a continuous circulation of ARAW token among all the market players:
• Merchants need ARAW token to reward customers for assisting with the sale of their product, to compensate buyers when they rate products and to pay for deals.
• Merchants pay customers as an incentive to increase their footprints of loyal customers.
• Customers will be able to spend ARAW tokens to make purchases at Araw e-commerce marketplace.
• Customers will be able to purchase ARAW tokens through Araw wallet using fiat or cryptocurrency.
• Customers may be offered discounts in replacement for ARAW token.
• Investors can buy and sell ARAW tokens from cryptocurrency exchanges.
• Customers will be encouraged to hold tokens in their Araw wallet to get better futuristic value.
This creates a constant flow of ARAW token within the ecosystem; thus, boosting the value of ARAW token and qualifies it for trade on an outside stock exchange platform.
• Merchants need ARAW token to reward customers for assisting with the sale of their product, to compensate buyers when they rate products and to pay for deals.
• Merchants pay customers as an incentive to increase their footprints of loyal customers.
• Customers will be able to spend ARAW tokens to make purchases at Araw e-commerce marketplace.
• Customers will be able to purchase ARAW tokens through Araw wallet using fiat or cryptocurrency.
• Customers may be offered discounts in replacement for ARAW token.
• Investors can buy and sell ARAW tokens from cryptocurrency exchanges.
• Customers will be encouraged to hold tokens in their Araw wallet to get better futuristic value.
This creates a constant flow of ARAW token within the ecosystem; thus, boosting the value of ARAW token and qualifies it for trade on an outside stock exchange platform.
Token Sale
Ticker: ARAW
Token type: ERC20
ICO token price: 1 ARAW = $0.01
Total tokens: 5,000,000,000
Available for token sale: 3,500,000,000 (70%)
Whitelist: YES (15 May — 30 June)
Know Your Customer (KYC): YES Pre-sale
start date: 1 JULY
Public sale start date: TBD
Soft cap: 5,000,000 USD
Hard cap: 25,000,000 USD
Accepts: ETH
Benefits to Investors
• Strong team of Technology geeks to develop cutting edge technology product
• Experienced & Proficient e-commerce business development team
• Existing platform LIVE for more than 2 years
• The Araw Platform MVP is LIVE for testing
• Team tokens are locked for 3 years so we are committed to deliver what we have promised in the roadmap
• The cheapest price to buy ARAW token is during ICO
• The ARAW token is going to be a part of the customers day-to-day shopping
• Use ARAW tokens to make purchases on the Araw E-Commerce marketplace
• On-boarding Merchants will buy ARAW Tokens from the early Investors
• Since there are only a certain amount of Araw token that can ever exist, Scarcity combined with a thriving underlying decentralised ecosystem will result in appreciation of Araw token value.
• Experienced & Proficient e-commerce business development team
• Existing platform LIVE for more than 2 years
• The Araw Platform MVP is LIVE for testing
• Team tokens are locked for 3 years so we are committed to deliver what we have promised in the roadmap
• The cheapest price to buy ARAW token is during ICO
• The ARAW token is going to be a part of the customers day-to-day shopping
• Use ARAW tokens to make purchases on the Araw E-Commerce marketplace
• On-boarding Merchants will buy ARAW Tokens from the early Investors
• Since there are only a certain amount of Araw token that can ever exist, Scarcity combined with a thriving underlying decentralised ecosystem will result in appreciation of Araw token value.
Further Information:
Want to know more about the araw project? Take a look at their official website and their soon to be released whitepaper for more information. Also subscribe to their official communication channels to stay up to date. Any questions, feel free to comment below.Website: https://arawtoken.io/
Telegram: https://t.me/ArawTokenOfficial
Facebook: https://www.facebook.com/arawtoken
Twitter: https://twitter.com/arawtoken
Inside: https://medium.com/@TheARAWToken
Youtube: https://www.youtube.com/channel/UC3QKDkSt7UbhqWlAm2T5Abg
Youtube: https://www.youtube.com/channel/UC3QKDkSt7UbhqWlAm2T5Abg
Bitcointalk username:
| mhgeekiyanage | https://bitcointalk.org/index.php?action=profile;u=2164538;sa=summary |
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