VANIG IS GOING TO BE THE WORLD’S FIRST INTEGRATED E-COMMERCE AND SUPPLY CHAIN ECOSYSTEM WHICH WILL BE POWERED BY BLOCKCHAIN.

A BRIEF INTRODUCTION ON E-COMMERCE.

E-commerce happens to be a global activity that research has shown to amount to trillions of dollars’ worth of trade yearly. It is no news as well that the activities of E-commerce is taking over the emerging markets and prediction also has it that, this year, a large number of emerging markets will have more of online buyers than offline buyers.

However, as much as there is a remarkable growth in the e-commerce industry, there is still characterized by two large and interrelated problems which include; the inefficiencies of supply chain and the shortcomings of e-commerce and the introduction of Vanig hopes to help solve these existing problems.

HERE ARE THE INEFFICIENCIES OF SUPPLY CHAINS.

• There is lack of transparent and supply chains that are fully visible.
• The presence of intermediaries fee which makes customers end up purchasing a product at a high rate.
• A dormant or an inventory management that is not existing.
• The tracking of product and services is insufficient.

THE SHORTCOMINGS OF E-COMMERCE.

The inefficiencies of the supply chain have a direct impact on the e-commerce platforms.
• There is no full visibility for an end to end customer journey.
• Operation on a global ecosystem.
• The presence of authenticity and reviews.

HERE ARE SOME OF THE WAYS VANIG WILL PROVIDE SOLUTION WITH THE LATEST BLOCKCHAIN TECHNOLOGY ON THE PRESENT DAY CHALLENGES AND INEFFICIENCY OF E-COMMERCE.

Tracking will be addressed by the distribution of nature of ledger and chained blocks topology which will offer an automatic track and trace at any point.

Static inventory management will be addressed by providing dynamic inventory management, this will be possible through smart contracts self-executing orders and connection to IOT sensors for the relay of real-time information.

The transparent supply chain will be addressed by the provision of public blockchain architecture with a peer-to-peer topology and an immutable nature which will give room for transparency of transactions and historic traces present for all nodes at a given time.

The problem of E2E customer journey will be solved by the provision of a full distributed ledger with a real-time information on product provenance by providing peace of mind and as well visibility over the items purchased.

The problem of replenished inventory will be countered by offering effective track and trace by providing valuable pattern data which will be used for planning and analytics to help in the making of decision for a right in time replenishment of inventory.

The problem of efficiency and cost-effectiveness will be countered by the provision of a configurable ledger with the chain automatic participation of transactions at any point of value exchange. Customs and tariffs will help provide the e-commerce owners with an efficient management of operating capital.

THE SOLUTION OF VANIG.

This approach will use the blockchain technology to offer the world’s first integrated e-commerce platform with a supply chain. Vanig will be unique in the integration of e-commerce and supply chain.
The Vanig ecosystem will be a robust, scalable, permission-based decentralized blockchain.

THE MODE OF OPERATION OF VANIG.

• Customers will place an order making use of the Vanig website or the Vanig Mobile Application.
• The smart contract #1 will get automatically written and the details of the order between the consumer and the Vanig will be captured and Vanig will be stored in Vang's blockchain ecosystem.
• The manufacturer and the retailers will then ship the product from their present location, this will trigger another smart contract #2 between the manufacturer and the agents of distribution.
• The agents of distribution will then pick up orders from manufacturers and gets it delivered to consumers.
• An acknowledgement of delivery will be from the consumer and this will even trigger another smart contract #3, this will be between distribution agent and consumers.
• Finally, the smart contract #4 will be created to capture the transaction ledger between the wholesaler and the manufacturer.
These transactions will be recorded and linked as blocks in the Vanig ecosystem, this will create a traceable chain of blocks that will shorten the track and trace process in terms of recall process from weeks to just a few hours.

THE USE OF HYPERLEDGER SAWTOOTH.

Vanig has decided to work with Hyperledger Sawtooth, after making necessary consideration of the functionality and the sensitivities with participants of the supply chain.
The features of these hyper ledger sawteeth include;

• Private networks that have sawtooth permissions features.
• The presence of on-chain governance.
• An advance transaction execution engine.
• A good support for ethereum.
• The presence of a dynamic consensus.
• A separation between the level of application and core system.
• The presence of a broad language support.

THE IMPORTANT ADVANTAGES OF VANIG ECOSYSTEM.

The presence of a competitive pricing.
Authentic reviews.
The presence of a short recall process.
The presence of security.
A real-time tracking.
The presence of transparency.
A demand/supply equilibrium.
An easy product listing.
The presence of multi-party contracts.
The presence of provenance.
Real-time transactions.

THE TOKEN SALE OF VANIG.

All available token buyers and contributors will receive are an ERC20 exchangeable Vanig token on the Ethereum network. The ERC20 token will be accepted for exchange into a new token on a one on one basis with the VANIZ token.
Available token balances and transfers will be tracked to Vanig.

THE DISTRIBUTION AND ALLOCATION.

The ticker symbol will be called VANIG.

The start of the token sale will be 23 of July 2018.

The end of the token sale will be 25 of September 2018.

The total amount of tokens will be 225,000,000.

The total amount of token to be sold will be 141,000,000 or 63% of the total issuance.

The token private sale will have a total of 2 Million USD.

The token pre-sale will have a total of 6 Million USD.

The token main sale will have 12 Million USD.

The soft cap will be set at 2 Million USD.

The hard cap will be set at 20 Million USD.

The crypto and fiat currencies that will be acceptable will be ETH, BTC, LTC, and USD.

Available minimum purchase limit will be 0.1 ETH.

Private sale will end on the 22nd of July, 2018.

Pre-sale which will begin on the 23rd of July will last for a period of 15 days and it will have 30% bonus. (5 Million USD hard cap).

The first stage sale will begin on the 7th of August and it will last for a period of 10 days with a bonus of 25 %. ( 5 Million USD Hard cap)

The second stage sale will begin on the 17th of August, it will last for a period of 10 days and it will have 20% bonus. (4 Million USD Hard cap).

The third sale stage will begin on the 27th of August, it will last for a period of 10 days and a bonus of 10% (2 Million USD Hard cap).

The fourth stage sale will begin on the 6th of September, it will be valid for 10 days, it will have a bonus of 5% (1 Million USD Hard cap).

The fifth sale stage will begin on the 16th of September, it will be for a period of 10 days with 0% bonus (1 million USD Hard cap).

THE DISTRIBUTION OF TOKEN.

63% will go to open market.
15% will go for team tokens.
12% will go for Vanig Rewards and Incentives.
5% will go for referral and bounty programs.
3% will be for Advisors and Partners.
2% will go for Legal.

BUDGET OPERATION.

30% will be for business, development and Ops.
30% will go for marketing and sales.
20% will go for Administration and operation.
10% will be for legal and Advisory.
10% will be for research.

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Source

Website: https://vanig.io/
Whitepaper: https://vanig.io/latest-whitepaper
Onepager: https://vanig.io/latest-onepager
Business Model: https://vanig.io/business-model
Pitch deck: https://vanig.io/pitch-deck-pdf
Twitter: https://twitter.com/VanigPlatform
Facebook: https://www.facebook.com/vanigplatform/
Medium: https://medium.com/vanigplatform
Youtube: https://www.youtube.com/c/VanigPlatform
Reddit: https://www.reddit.com/r/VanigPlatform
Telegram: https://t.me/vanigplatform
Instagram: https://www.linkedin.com/company/vanigllc
GitHub: https://github.com/VanigPro/
Ann: https://bitcointalk.org/index.php?topic=3252952

Authored by: geeboy88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874835
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4