[ICO Review] ARAW - The Decentralised Payment for E-Commerce Ecosystem
ARAW is the first company in the world to compound the benefits of e-Commerce and payments industries to grant 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.
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.
Araw platform eliminates the fundamental problems in the economy of e-Commerce and cryptocurrency. The ARAW token acts as more than a simple reward - as it is used and redeemed for all members of the ARAW ecosystem. In addition, owners ARAW may convert their tokens into fiat currency using the mobile wallet ARAW and return cash back to your Bank account.
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.
The Araw Platform offers a practical solution to the problems outlined above as well as the potential to become the practical heart of e-commerce and cryptocurrency combined. It strives to reward shopping with cryptocurrency by exposing the common person to the ARAW token. The key focus of ARAW is giving effortless access to cryptocurrency ownership which comes with potential rise in value - without dealing with any of the underlying complexities which make cryptocurrency unattractive.
Features
- ARAW Pay – this is a plug and play open widget available online. It will accept ARAW tokens as payments. This can be used by merchants on their website, of which, it will function the same as any other payment gateway.
- ARAW Touch & Pay Card – in-store micro-payments will be made possible with this card. And to encourage frequent ARAW CARD usage, redeemable rewards can be earned and rapid cash in.
- Open API Platform – a publicly available application will be in place for everyone to benefit from. This will be an easy-access service without the need to dug deep into its technicalities. Every one will be able to use it from every part of the globe with ease. Through this, every user in the platform will be provided with the transparency they deserve.
- ARAW Mobile Wallet – its seamless integration with banking and cryptocurrency exchanges enables users to top-up and use their linked bank accounts to cashback ARAW tokens. At the same time, it can also be utilized to exchange BTC and ETH to ARAW tokens and vice-versa.
- Unified Reward System – as mentioned earlier, the company will be providing token rewards to customers who use the ARAW E-commerce. This in return will encourage customers to use the platform more frequently.
- E-commerce Marketplace – platform users are also given the freedom to choose, to be a buyer, seller, or both. Within the ARAW platform, an entrepreneur can post a single sale or build an enterprise-level e-commerce platform. In this marketplace, participants also have the opportunity to earn rewards from its loyalty program. Another impressive feature of this marketplace is its money–back guarantee for buyers for substandard goods purchased – this was made possible by smart contracts that generates secure escrow for all transactions and the distributed ledger system that secures the funds and will only be released to the seller if all parties are satisfied with the sale.
- Peer-to-Peer – all users can directly buy/sell goods and services with the platform without the need for intermediaries.
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More Information
Website: https://arawtoken.io
Telegram: https://t.me/ArawTokenOfficial
Twitter: https://twitter.com/arawtoken
Facebook: https://www.facebook.com/arawtoken
LinkedIn: https://www.linkedin.com/company/arawtoken
Bitcointalk username: na4e41.02
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1823715
Email: [email protected]