Counterfeit Products Are Everywhere
Sometimes when we shop online, and the product arrives, we get a copy of our favorite brand i.e. a counterfeit product. This has been made illegally at a very cheap price using low quality material. The price you have paid for the product is not worth it at all.
- Customer feels cheated.
- Brands are not protected anymore.
Since these products are generally made in China and other developing countries, Brands cannot do much legally to stop the production of such items which are copying the their images, designs and other copyright assets. Even the rating system on e-commerce websites is flawed since we see a lot of fake reviews generally created by the retailer.
SimplyBrand has the Solution
Simplybrand founded by Kaufman Chang and Ronnie Ng is the first E-Commerce Verification Platform based on the Blockchain. Using AI and data pool coming from multiple sources, they are going to fight Online Counterfeiting. It poses threat to the online economy as well as the environment since the production is cheap and they do not follow the legit ways to manufacture these goods.
To empower people and end counterfeiting on E-commerce, we will involve everyone on the internet and combine the strength of blockchain and AI to create trust in online shopping.
Source: To empower people and end counterfeiting on E-commerce, we will involve everyone on the internet and combine the strength of blockchain and AI to create trust in online shopping.
- Every product would be anaylzed on multiple parameters. Data will come from the E-Commerce platforms all over the world.
- Using AI Technology and human layer, counterfeit products will be detected and separated from the genuine products.
- All counterfeit products will be added to immutable Blockchain Blacklist. Consumers, brands and e-commerce websites can access this list. Third parties will remove these products from their shopping websites and report the progress to claim their SBA Tokens.
SBA Token PreSale & Bonuses
Simply Brand Token (SBA) plays a key role in the Anti-Counterfeit System:
- Participants can earn SBA Tokens as rewards for reporting fake products.
- They can use these tokens to buy actual branded products or trade them on exchanges with their choice of currency.
- Brands can buy these tokens and redeem them against the Brand Protection services on SimplyBrand.
SBA Token Pre-Sale is happening here: http://bit.ly/2THlbr2
Start: 10-01-2019
End: 23-03-2019
There is a chance to get upto 38% Bonus for pre-sale investors and token buyers. You can buy tokens via Cobinhood in exchange of Ethereum. The sale will happen in 14 stages. You can also check the status of each stage on their website:
SimplyBrand Ambassador Program
Take part in SimplyBrand's Ambassador Program and refer your friends to get a share of the SBA token Pool.
After the end of the pre-sale, the top 100 participants that have accumulated the most investment amount from their referrals will be eligible to split a pool of SBA according to their referral contribution. In other words, the more your referred friends invest in simplyBrand, the higher the chance you’ll have of receiving a large bonus. The pool will be determined by how much ETH simplyBrand raises as a whole.
Source: http://bit.ly/2THlbr2
References & Links
- Website: https://simplybrand.io/en/
- Token Presale: http://bit.ly/2THlbr2
- CEO's Interview: https://blog.simplybrand.io/?p=172
- Facebook: https://www.facebook.com/simplybrand
- Twitter: https://twitter.com/simplyBrand_io
- Telegram: https://t.me/simplybrand
Disclaimer: This is not a financial advice. Please do you own research before investing in cryptocurrenices or any digital asset. This blog post is done for entertainment and knowledge purpose only.