The rise and acknowledgment of web and blockchain innovation, relatively every part or industry looks to be tuned in to the ongoing improvements as the world is continuously swinging to a worldwide town. The online business industry is a major and advancing one as they have grasped the utilization of the web to better work well for their clients yet then the issue of data fraud, fizzled exchanges, superfluous credit/charge cards conclusions and so on has been a noteworthy set back for this industry. There then exist the need to enhance the method of activities of the business to better serve its clients henceforth Araw, sponsored by blockchain innovation was birthed to help take care of these notable yet critical issues of the online business industry by giving a bound together reward framework and showcasing answers for internet business industry and furthermore increment the impressions of supporters/Retailers/clients, in that capacity everybody wins.
ARAW PLATFORM
ARAW token is the brain child of ARAW UK Ltd. The platform’s native token and currency known as ARAW Token is based on blockchain technology and smart contract to provide a decentralized payment ecosystem for all its subscribers. They are poised to target more than one channels to increase the acceptance of the blockchain technology in our day-to-day online and in-store shopping. They are also in the process of rewarding loyal subscribers and users of the platform with the ARAW tokens which will serve as marketing tool for them as this reward system will keep old customers and draw the attention of new customers and also bring a fair play ground between payment and e-commerce industries.
Having said this, it is safe to say that ARAW token is a unified rewards system and marketing solutions for the retail, payment and e-commerce industry.Invariably, ARAW offers to solve a whole lot of problems for the e-commerce industry as such they replace the traditional restrictive reward system in use, reduce token costs due to transactions cost, put an end to excessive regulations and encouraging all to use cryptocurrency in our day-to-day activities.
THE ECOSYSTEM ON HOW IT WORKS
The ARAW ecosystem was created to serve as support system for all its users where they can make their transactions in a safe, secured, easy to use and effective atmosphere. On the ecosystem, customers and different brands/companies can interact effectively without restrictions. The ARAW ecosystem is a combination of striking, yet unique features which helps them functions well they are as follows:ARAW Pay will be an open marketplace as it will be accessible to all online anywhere in the world and will be used to accept payments in ARAW tokens. Talk and process are in top gear to make the ARAW pay, ARAW mobile and web wallet to hasten and fast track all transactions.
BLOCKCHAIN TECHNOLOGY
The Ethereum Blockchain technology and smart contract will be employed to make transactions and exchange of goods process faster and secured. With the e-commerce marketplace, the needs of every user not minding their location are met and the users gets instant access to global audience and having seamless transactions. Consequently, the ARAW card (Touch and Pay card) contains a radio-frequency identification (RFID) which help to track all cards and enables the users to make even micropayments at our day-to-day online and offline shopping.
The ARAW platform runs an Open API platform which makes it user friendly, accessible to all, taking away the stress of trying to read unending programming. Using the Banking system and Cryptocurrency Exchange integration feature of the ecosystem, users are able to buy ARAW tokens using their linked bank accounts and also affords users to be able to exchange their ARAW tokens for other cryptocurrencies, and also convert their cryptocurrencies for fiat.
The ARAW token platform enables peer-to-peer transaction to give users the chance to engage in direct exchange of goods and services. This enables free trade between two parties anywhere in the world. A seller can sell directly to a buyer across the world without the usual services of middlemen or going through different currency conversions and exchange rate fluctuations.
About ICO and Distribution
Token Symbol : 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%)
White list: YES (15 May – 30 June)
Know Your Customer (KYC): YES
Pre-sale start date: 1 JULY
Public sale start date: TBD
Soft cap: 2,000,000 USD
Hard cap: 25,000,000 USD
Accepts: ETH
Distribution
For More Information
Website: https://arawtoken.io/
Whitepaper: https://arawtoken.io/assets/araw_whitepaper.pdf
Facebook: https://www.facebook.com/arawtoken
Bitcointalk: https://bitcointalk.org/index.php?topic=3497194.0
Telegram: https://t.me/ArawTokenOfficial
Author: https://bitcointalk.org/index.php?action=profile;u=1918721