Araw The Decentralised Payment for E-Commerce Ecosystem

syaerulid (25)in #araw • 6 years ago (edited)

Hello Guys today i will review an ICO that makes me want to invest

The Name of this ICO is Araw and i will explain the reason why i interested to invest in Araw

As we know today buy what you need with online shop is already become a new lifestyle for most people in the world due to the rapid development of Internet & technology life is getting easier for now.

But nowadays with the rapid of development of E-Commerce there is a problem in the E-Commerce Environment

Online and Offline Retails only give a little Rewards for user. Reward system until now is underutilized due to lack of techonological investment.
Difficulty to keep the customer to use the platform. The main problem of the E-Commerce platform is to keep the customer use one platform and didn’t change to a new one
Have a good reputation and get a trust from customer
The long and expensive payment process for merchants is one of the most obvious problems in the retail and e-commerce industry.
Failure to Adapt the Growth of Cryptocurrency Tokens. Today, the majority of the merchants do not accept payments made with crypto-tokens

With the Based of Blockchain Technology Arraw want to create a new evolution in the enviroment of E-commerce

Exactly Because of Araw is serious Project Araw have a clear vision and mision

Vision and Mision

Build the Decentralised Payment Ecosystem for E-Commerce to increase the Blockchain adoption for regular people across the world

Make a Unique Reward System for Customer called Unified Reward System
Provide End-to-End Solutions for E-Commerce Platform
Touch & Pay Cryptocurrency Card
Online Cryptocurrency Payment for E-commerce Platform

Realization of the ARAW Vision and Mision

Unified Reward System

Unified Reward System is a system that focusing to give reward for the loyalty of the customer that until now underutilized by another E-commerce Platform. Due to keeping the customer is not easy it’s make a sense to give suitable Reward for loyalty customer and Araw start with it. But not only customer get the Rewards with Araw Technical offering, They also want to support individual sellers as well as enterprise vendors.

Araw Touch & Pay Card

Araw Touch & Pay Card is the one for All Card provided by ARAW. This card allow the customer to earn ARAW token each time they use it to buy something. Also the Token that customer get from their daily shopping activity can be used to pay in this Merchant or another Merchant when they buy something.

Due to similarity with existing techonolgies, Most of Customer can easily adapt with this Card also this card suppported by ARAW token that never expire and hold instrinsic value. This card allow the ARAW token to be used in daily activites that until now used of cryptocurrency can’t be practically in daily activites.

Banking System Integration & Araw Mobile Wallet

The seamless integration of Araw Mobile Wallet with Banking and cryptocurrency exchanges will enable Araw Platform users to :

• Buy Araw token with linked Bank Account

• Top-up ARAW Tokens with a click of a button

• Send and Receive ARAW tokens

• Exchange ARAW tokens with any other crypto currencies like ETH and BTC

• Exchange ARAW Token with fiat currency and get cashback

ARAW Open API

With this Open API you don’t have to be a member of ARAW platform to use ARAW token or offer the ARAW token as a reward. Our Open API ensures that merchants that are not ARAW platform customers will have access to and participate in different transactions on ARAW token platform. You can make payments, exchange and purchase ARAW tokens using our web wallets or use the ARAW token mobile app. These retailers can integrate their e-commerce stores into our system and maintain their apps using our API to offer redemption and receive payments. Similarly, their customers can use our wallet to purchase their goods and services using ARAW token . Should the service-providers of our API choose to, they can create their unique custom solutions to process transactions with ARAW tokens.

Information About Token

Token Sale: : 1 July – 30 Aug

Ticker : ARAW

Total tokens : 5,000,000,000

Available for token sale : 3,500,000,000 (70%)

White list : YES (15 MAY – 30 JUNE )

Know Your Customer (KYC) : YES

Pre-sale start date : 1 JULY

Public sale start date : TBA

Soft cap : 2,000,000 USD

Hard cap : 25,000,000 USD

Accepts : ETH

Token Distribution

For Sale : 3,500,000,000 Tokens (70%)

Bounty and Airdrops : 150,000,000 (3%)

Reserve Pool : 750,000,000 (15%) will be Locked up for 3 years

Advisers : 150,000,000 (3%) Will be vesting for 1 years

Founders and Team : 450,000,000 (9%) will be Locked up for 1 years

Use of Funds

Research & Development : 35%

Sales & Marketing : 37%

Operations : 15%

Securrity & Legal : 10%

Customer Support : 3%

Araw also have a Superstar Member in Core Team that previously worked at JP Morgan,Goldman Sachs and another Big Company their profile are as follow :

Core Team