What is ARAW ?
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.
Furthermore, 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.
The Unified Reward System seeks to transform the poorly utilised loyalty industry by fusing the shopping reward potential of all retails together regardless of the product — focusing on rewarding the individual with cryptocurrency market access as well as a form of investment. With our technical offering, we seek to support individual sellers as well as enterprise vendors. The ARAW token can be adopted in any location — this global decentralised potential represents virtually limitless growth of the token. This adoption will be seamless as we seek to penetrate e-commerce platforms as well as regular retail shops, without introducing any habitual change from the user perspective.
Araw Touch & Pay Card is our single card solution for all reward programmes a shopper may be interested in — the first of its kind in the UK. It allows customers to earn ARAW tokens with their daily purchases as well as pay using accumulated ARAW tokens. This ensures that an average customer can easily adopt the use of the card due to its similarity with existing technologies — but now empowered with ARAW tokens which hold intrinsic value and never expire. This offering allows the ARAW token to have a practical daily use which cryptocurrency has been struggling to fulfill as token value was previously disconnected from its contextual use until now.
PROBLEMS
A lack of a reliable, international exchange which allows individuals to convert tokens into fiat currency.
No practical use for cryptocurrency in day-to-day activities
A reduction in token value due to transaction fees
Over-regulation or insufficient regulation in different countries across the globe which both hurts user adoption and leads to different fraud schemes that damage reputation of credible projects
A requirement for specialized blockchain developers
Barrier to entry
Araw Features
Araw aims to become the ultimate e-commerce partner of every consumer in the world. Unlike other platforms that only seek to gain profit, Araw seeks to become a lifetime partner. It is for this reason that the following features are created:
Araw Pay. This blockchain-compliant payment service resolves the security concerns of consumers. The blockchain technology is more secure than the basic financial systems because it uses a distributed ledger. In other words, every transaction in blockchain is encrypted and distributed across different nodes, thereby preventing a single entity from monopolizing the database. More so, the information is unalterable and the costs are minimal.
Unified Reward System
Araw Card — Touch and Pay
This is a single card solution that includes all gift programs that customers might be interested in (thus, this is the first in the UK). This allows customers to get cryptocurrency in the form of the Araw token with their daily spend along with the option to make payments using this accumulated Araw token
Araw Mobile Wallet
This will act as a configured bank crypto user where users can hold their Araw tokens. It will also act as an exchange in which wallet users can exchange their Araw tokens for other cryptocurrencies (initially, it will be ‘Bitcoin’ and ‘Ethereum’).
Araw Pay
This will be an open widget for receiving payments in the Araw token and may be used by any vendor globally (online) like other payment gateway systems.
Open API Platform
With an open API platform, Araw platform users do not need to know any programming language or code to use the Araw ecosystem.
ARAW TOKEN SALE AND ICO
ARAW introduces the ARAW token that our customers would use for small payments at gasolene stations, occasional retailers, restaurants, supermarkets and different retailers. This offers them the convenience of payments with ARAW token. that’s why, because of the influence of Araw’s cryptocurrency, we have a tendency to impose a limiteless scheme in payments and loyalty.
The ARAW token is programmed to adopt the safety tips and straightforward access to the ERC20. The ARAW tokens square measure needed for all transactions on the ARAW token platform and represent the reward purpose for all taking part customers or ARAW token holders. for each dealing that’s created on the ARAW token platform, whether or not it considerations supply, transfer or exchange, the instigator of the dealing pays atiny low fee for the employment of the ARAW token sensible contracts.
All transactions on the e-commerce marketplace square measure usually distributed with the ARAW token, that ought to be transferred via or in Associate in Nursing ERC20-compatible case. ARAW tokens act as medium of exchange for commerce on the platform. It square measure usually used to purchase merchandise or to form settlements. it’ll when merely be used to certify that an explicit deal has been completed.
Road Map
ICO Details
Ticker : 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%)
Whitelist : YES (15 May — 30 June)
Know Your Customer (KYC) : YES
Pre-sale start date : 1 JULY
Public sale start date : TBD
Soft cap : 5,000,000 USD
Hard cap : 25,000,000 USD
Accepts : ETH
Contact us for pre-sale : tokensale@arawtoken.io
Pre — Sale
Token Sale: 1 JULY — 30 AUG
Public Sale
August 1th, 2018
More Information:
Whitepaper : https://arawtoken.io/assets/araw_whitepaper.pdf
Website : https://arawtoken.io/
Bitcointalk : https://bitcointalk.org/index.php?topic=3497194.0
Telegram : https://t.me/ArawTokenOfficial
Facebook : https://www.facebook.com/arawtoken
Twitter : https://twitter.com/arawtoken
Youtube : https://www.youtube.com/channel/UC3QKDkSt7UbhqWlAm2T5Abg
Medium : https://medium.com/@TheARAWToken
Bitcointalk Username : ku10ng
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1274487
Ether Address : 0xdC85Cb26F7CdAF165C5d5e242A20509a99CA1194