#simplyBrand #Blockchain #crypto

Original products from branded goods are difficult to distinguish from KW products.
Sometimes they look exactly the same, ensuring that the fake ones are genuine.
Examples of bags, shoes, clothing and cosmetics are now circulating fake goods.
There is no guarantee that the expensive is genuine,

About project
As depicted above, simplyBrand aims to establish a platform with built-in AI model and machine learning technology to identify counterfeits. Crowd-sourced participants will be incentivized to assist in verifying the unidentifiable items throughout the whole process. The information of the counterfeiters will then be published on the blockchain, which is immutable and totally public for everybody to read. In addition, two major functions will be released along the way and will result in more parties joining the platform to complete the goal of evolving the platform into a self-governed ecosystem. By combining these cutting-edge technologies, and also designing mechanisms to govern the platform by itself, the solution would be able to solve this problem at a larger scale and high effectiveness.

simplyBrand will create a solution to this problem by establishing a platform with a built-in AI model and machine learning technology to identify counterfeits. Crowd-sourced participants will be incentivized to assist in verifying the unidentifiable items, while the information of the counterfeiters will be published on the blockchain, which is immutable and public for everybody to read. In addition, two major functions will be released along the way which will result in more parties joining the platform to complete the goal of the platform evolving into a self-governed ecosystem. By combining these cutting-edge technologies with new mechanisms to govern the platform by itself, the solution is able to solve this problem effectively on a large scale.

Basically, the SimplyBrand environment recognized items will be bought using the SMALL BUSINESS ADMINISTRATION token which could also be exchanged in other crypto exchanges. This kind of move will certainly enable the digital business consumers learn better background checks as the players can strive to preserve good rankings. The strategy taken by SimplyBrand’s design is going to leverage AJE technology to help make the ecosystem secure for customers. Over the years, cyber-terrorist has taken benefit of digital web commerce loopholes to scam harmless buyers. SimplyBrand is built to get rid of such difficulties by adding advanced features & effectiveness in deal verification.

Brands will use the simplyBrand program to ask for brand-protection solutions. Human Coating will straight report fake products, or perhaps work with the AI to verify the authenticity of E-commerce goods. Human coating would include crowd source individuals and third-party service providers who also do the observance job. The Simplybrand system will incorporate AI, human being ingenuity and block chain technology which will be utilized to create a great immutable “blacklist” of fake product. The SBA bridal party within the blockchain will incentivize human level to utilize the simplyBrand program. Leveraging the immutable and distributed top features of block string technology, simplyBrand will distribute the blacklist on the block cycle and efficiently reduce the activities of fake retailers simply by increasing their very own cost of organization and creating new obstacles to their continuing operations.

With SimplyBrand’s founded AI and machine learning technology, system will successfully acquire fresh data and verify fake product info, resulting in a more effective way to fight fakes online. Human being layer should receive tokens because rewards and may either utilize them to purchase company privileged products on simplyBrand platform or perhaps sell all of them on exchange. Brands can purchase tokens coming from exchange, and buy brand-protection providers on simplyBrand platform. The simplyBrand environment helps brands to gauge the possible lack of revenue about online market segments. The system works to provide openness within eCommerce to allow brands to further all their understanding of the extent of counterfeiting as well as how to end the situation.

Along with AI and blockchain, we expect that individual intelligence may play a vital role in anti-counterfeiting actions, not just our bait. To motivate human involvement and to incentivize individual attempts, we have a new lucrative incentive structure by means of our indigenous SBA bridal party, stated Kaufman Alter, founder and CEO of simplyBrand. This individual further described that having a digital environment of the selling economy run by web commerce giants just like Alibaba and Amazon, it really is imperative that the transparent program be produced that provides a much better online shopping encounter for customers. With the help of COBINHOOD’s expertise as well as robust community, we believe that people can bring about an optimistic transformation for this industry.

Business Concept
Renowned brands will request protection service from the simplyBrand platform then in return SimplyBrand will receive service fees and product gratuities. These free products then used on the ecosystem as gifts to the reporters. This business concept is quite simple and quite realistic. We will learn SBA token concept in details in the following paragraph:

Crowdsource participants (or users) are required to stake their SBA tokens (or have a certain number of SBAs in the platform wallet) before they can report fake e-commerce products.
If users could send a valid report, users then rewarded with SBA. Conversely, if users abuse the system, the SBA token in their wallet are burned.
These reports are used to train artificial intelligence.
The trademark owner company will request protection on the platform and provide service fees to simplyBrand. Besides that, they also give their product as gifts to the marketplace.
Users can then use SBA tokens to buy branded products in the marketplace or sell their SBA tokens on the exchange.
Therefore, with the mutually beneficial collaboration and the rise of token demand because of staking, buying products in the marketplace, and using brand protection services, the economic activity will automatically be created due to the SBA tokens on the platform. This dynamic is called tokenomics.

Token Design
The simplyBrand token (SBA) is a token launched on the ethereum platform. This token uses the ERC-20 standard with a total supply of 1,000,000,000 SBA with the following allocation:

ICO details
Token: SBA

Platform: Ethereum

Standard: ERC20

Amount: 1,000,000,000 SBA

Price: 1 SBA = 0.0500 USD

Payment: Eth

KYC: No.

Token distribution
40% of sales

five% Advisor

Five% bounty

ten% of the main investors

ten% Team

thirty% Reserve

Distribution of funds collected

45% progress

five% Administration fee

five% legal fees and regulators

ten% business development

15% Operating Costs

20% marketing

ROADMAP

May 2013

easyBrand began providing big data and solutions for AI for brands

October 2017

Expected requests for counterfeit products from existing customers received by the RFP

May 2018

Draft Kickoff chain unit easyBrand.io with MVP market verification

May 2018

Draft Kickoff chain unit easyBrand.io with MVP market verification

November 2018

Impact Calculator for PoC1

December 2018

PoC2 Contract Risk Detector

April 2019

SaaS applications for brands and black lists on the Blockchain release

July 2019

SaaS application for online law enforcement

November 2019

Check - Crowdsourcing Online

February 2020

Integration of third party applications online

PARTNER

TECH PARTNER
Launched in 2017, COBINHOOD is a new generation cryptocurrency service platform. COBINHOOD is home to the world's first no-cost high-frequency cryptocurrency platform. COBINHOOD also provides ICO services. Launching ICO is far more than just releasing White Paper and landing pages - this requires a sophisticated strategy on all fronts. COBINHOOD provides comprehensive ICO services, which specialize in fundraising tactics to make ICO successful.

The company was founded by Popo Chen, the original founder of '17 Media ', with the aim of shaping the future economy by creating a financial center for the blockchain era. COBINHOOD believes in the evolution of blockchain technology and a decentralized financial landscape that will change global capital markets and business organizations with long-term impacts.

SimplyBrand's

SimplyBrand team has been pioneered by Kaufman Chang and Ronnie Ng since 2013, although it is still an intelligence data company. Both are MBA graduates from the Chicago Booth School of Business and have experience in this business. Based on the results of simple video analysis, I see that the SimplyBrand team uses real identity. This gives a signal that this project might not be a scam. Here's the proof: Kaufman Chang