London-based ARAW is hoping that its project is going to be the next decentralized e-commerce and payments platform to capture the loyalty of consumers and businesses alike. The blockchain startup, which is built on the Ethereum network, is off to a running start, as it has already inked industry partnerships, most recently the decentralized application and smart contract-fueled Credits startup. Credits is designed to pick up where the Ethereum and Bitcoin networks fall short as it boasts 1 million transactions per second, which is conducive to the micro-payments on the blockchain that ARAW is targeting.
The thing to note about ARAW is that while it’s a startup, it’s more mature than most new companies. It’s been operating off-chain for two years already and has a mobile app that’s available on the UK Apple App Store and Google Play as well as an integration with PayPal and Stripe. The ICO is designed to fund ARAW’s expansion to the blockchain, which can be considered less risky than the alternative, which is to rely on the ICO funds to develop a platform that remains in the conceptual stage. ARAW has a robust ecosystem, one that’s comprised of the ARAW Payment Gateway, a Touch & Pay Card and more.
ICO Details
Starting date September 10th, 2018Ending date November 9th, 2018
Whitelist Yes
Token Sale Hard Cap $ 25000000
Token Sale Soft Cap $ 2,000,000
Presale Start Date July 1st, 2018
Presale End Date September 9th, 2018
Token Symbol ARAW
Token Type Ethereum, ERC20
Token Distribution For Token sale : 70%
Reserve Pool : 15%
Founders & Team : 9%
Bounty & Airdrop : 3%
Advisors : 3%
Initial Token Price 1 ARAW = $0.01
KYC Yes
Participation Restrictions US, China
Accepts ETH
Growth Opportunity
Investors who are interested in the ARAW token sale must go through the know-your-customer process. This involves white-list registration and providing any required information to prove your identity. The fact that ARAW is pursuing regulatory compliance in the jurisdictions in which it plans to operate is a positive in an environment that is moving closer toward global regulation.ARAW is in discussions with exchanges to list its ARAW token. While the startup declines to identify these trading platforms until it’s a done deal, the fact that the discussions are under way is a positive sign for traders who are interested in the project, as it will provide liquidity. Plus there is a bounty program and airdrop on the roadmap.
ARAW has the benefit of experience with two years of operations under its belt. The ICO is designed to fund an expansion, one that involves a move to a decentralized platform on the Ethereum network as well as a 2020 push into the U.S. and Asia.
Despite the competition, ARAW is a participant in a robust payment and e-commerce space, the latter of which is projected to reach $4.5 trillion in sales in the next three years, according to the ARAW white paper. ARAW also cites another statistic, which is that “10% of the world’s GDP will be created on the blockchain by 20205.” All of these market statistics help to make the case for another e-commerce and payment platform.
The Team:
More Infomation
Website: https://arawtoken.io/Whitepage: https://arawtoken.io/assets/araw_whitepaper.pdf?v1.8
ANN: https://bitcointalk.org/index.php?topic=3497194
Telegram: https://t.me/ArawTokenOfficial
Facebook: https://www.facebook.com/arawtoken
Twitter: https://twitter.com/arawtoken
Author:Haudhv
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1814424
tháng 11 07, 2018
Tags :
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