The issue of counterfeit products has been skyrocketing in proportion to increase in demand of goods by end users. Without doubt, counterfeit has been a cankerworm milking the resources in the global market affecting both individuals, companies and the government. The war to put an end to this impediment menace has proven abortive. Nevertheless, all hope is not lost there is yet a safeguard. A new era has arrived on the blockchain to put an end to counterfeit through AI, blockchain technology etc as a means of authentication at simply brand is an anti-counterfeit agent on the blockchain.
# What is SimplyBrand?
SimplyBrand was created with a vision of building a world of e-commerce which is free from counterfeiting and where the identity of the brand and the consumers are protected against fake products. To put this thought into action, simplyBrand has come up with a unique amalgamation of AI, blockchain and crowdsourced participants. It is a platform on which the brands can seek services to detect sellers and online merchants involved in selling fake products. Along with technology, the platform also seeks the help of crowdsourced participants who can directly report the counterfeit products. The data of all such merchants is put up on a public blockchain, creating a sort of “blacklist.” This creates an economic and reputation hurdle for counterfeiters. En bref, simplyBrand spans everything which can be the beginning of the end of the counterfeit product market.[SimplyBrand.io](https://blog.simplybrand.io/?p=179)
SimplyBrand is here to create solution to counterfeit problems by establishing a platform with a built AI model and machine technology to identify counterfeits. Crowd-Source participants will be incentivized to assist in verifying the unidentifiable items, while the information will be published on the blockchain which is immutable and public for everybody to read.
ICO SALE
# Token DETAILS
| Name | SBA |
|---|---|
| Type | ERC-20 |
| Price | 1 ETH = 4,000 SBA |
|---|---|
| Hard cap | 40,000 ETH |
| Soft cap | 4,000 ETH |
Timespan for the Presale 10th January 2019 till 23rd March 2018
# Pre-sale & Referral Info
Please note that simplyBrand's pre-sale started on January 10th. The "FOMO" mechanism and referral program are as follows:
First Mover Program:
This sale is comprised of 14 stages. At the beginning of the first 11 stages, the first participants to invest will share a bonus pool and receive bonuses according to the amount that they invest in at the given stage.
NB :SimplyBrand is currently at stage 9 on their pre-sale
Current Stage: (This is after First Mover Program Ends, and the bonus tiers will change)
~The average bonus for each winner will be 20,000 SBA~
Referral Bonus Program
If you refer friends to participate in simplyBrand’s pre-sale via your unique referral code, you will receive 1,000 SBA for every valid referral. A valid referral is defined as a participant investing in simplyBrand’s pre-sale while having input your unique referral code.
simplyBrand Ambassador Program
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 the 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 the ETH raised: >5k ETH = 1m SBA, >10k ETH = 2m SBA, >20k ETH = 3m SBA, >30k ETH = 5m SBA.
# SimplyBrand anti-counterfeit Tools
√ Impact calculator: SimplyBrand with the aid of impact calculator will be able to help users build trust and destroy counterfeit.
√ Counterfeit Risk Detector : This help to detect counterfeit through the use of risk detector. Submit a product URL on the simplyBrand site to help evaluate the risk of it being counterfeit.
√ Dapp : Earn lots of tokens by using the simplyBrand Dapp by contributing your favorite brand and products.
Start the journey into an unlimited opportunity. Let fight against counterfeit by using thesimplyBrand Dapp.
Useful Link
[Telegram]https://t.me/simplybrand
[Announcements]https://t.me/simplybrandio)
[Scamalert]shttps://t.me/simplybrand_scam_alerts)
[Reddit](https://www.reddit.com/user/simplyBrandio
Disclaimer: Before making any decision or taking any action all information on this content is not intended nor does it constitute financial, tax, legal, investment, or other advice. Endeavour to make proper research before investing in any digital asset.