Launched in 2016, Champion Shave is dedicated to bringing the Champion Shave atmosphere to guys around the world. For the last two decades, the company, owned by celebrity athletes Usain Bolt, Ronaldinho Gaúcho, and Dominique Wilkins, has been demonstrated to be a rewarding business having sold more than ten million units of high-quality grooming and skincare products in 17 countries around the world.
Lately, Champion Shave acquired a patent to start production and begin selling the world's first 100% recyclable razor. The business is currently focusing on building more factories and expanding its international reach. They are presently embracing blockchain technology in their supply chain management system. Most products-based companies out there are bound to experience inefficiencies and safety concerns. By incorporating blockchain technology into their supply chain system, Champion Shave is eliminating these issues, potentially saving millions of dollars in revenue and bringing its vendors like Kmart and Walmart a smooth and dependable experience.
The ICO will help them raise the required funds to implement their new distribution management system. Moreover, unlike many ICOs hitting the markets nowadays, Champion Shave has already demonstrated itself to be profitable with a good deal of potential ahead of them.
Champion Shave is dedicated to environmental responsibility as its new 100% recyclable razor reduces waste in deserts and oceans. This revolutionary product is the razor of the future and will outpace the other competitors in the marketplace. This coin will be the money of Champion Shave's global eco-system used for B2B sales, B2C sales, and purchases with its affiliates.
In 2015, the international men's grooming business had reached an estimated price of just over $47 billion. Additionally, the specialists at Euromonitor consider that this number is only going to continue to increase in the coming years and is predicted to be worth $60.7 billion by the year 2020. Recently, we've seen this industry move beyond simple shaving goods and fragrance lines. Now, more than ever, we are seeing a growth in the prevalence of men's toiletries. By embracing blockchain solutions, implementing the world's only 100% eco-friendly razor, and initiating its e-commerce franchise, Champion Shave is poised to become one of the significant players in this business.
Champion Shave Solution
Furthermore, a number of their products are custom made to be sold to specific demographics in select areas around the world. The inefficiencies which are prevalent in complex supply chains such as Champion Shave's are addressed by blockchain technology. By implementing a supply chain management system which relies on blockchain technology, Champion Shave will have greater control over their ecosystem leak and will have the ability to pinpoint exactly where their significant inefficiencies currently lie. Champion Shave has already developed a prototype of the blockchain supply chain system. This proof of concept prototype brings the business into an entirely new level as they start integrating blockchain solutions in their business model.
By harnessing the energy of blockchain technologies, Champion Shave will not just have the ability to increase their efficiency and reduce costs, but they'll also have the ability to construct a state-of-the-art loyalty program that will provide a more engaging and satisfying experience for customers. The rewards will be maintained with their native electronic tokens, called Champion Coin, for perks like free shipping for online purchases, in addition to discounts and access to certain exclusive goods and celebrity experiences. Additional implementing blockchain technology will also make sure that clients' private information will be protected via encryption and stored on the blockchain, which will minimize the danger of cyber-criminals having the ability to get their hands on it. Protecting customers from hacking, generous loyalty benefits, preserving the environment, and implementing blockchain solutions has Champion Shave prepared for an extremely prosperous future.
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