Review About Very Interesting ICO Project SIMPLY BRAND ! Making digital commerce trustworthy through blockchain
Introduction
The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.
Because of the access to the internet we are able to get information about one of the most incredible crypto-project which is known as SIMPLY BRAND !
Expert Review
the reliable expertise of ICO had given a satisfy assessments based on the progress and the vision. clearly showing SIMPLY BRAND have the extraordinary solution that aiming for the current problem was happening. here the result following below
https://icobench.com/ico/simplybrand
https://icotop.io/project/simplybrand
https://icocreed.com/ico-simplybrand-ico-review-1044.html
So,What is Simply Brand ICO Project??
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, our solution would be able to solve this problem at a larger scale and high effectiveness.
Research has shown that counterfeits pose a great threat to individuals, companies, industries and even world governments. With the technological advancement of the internet, the negative effects of counterfeiting have now been magnified and are causing a larger scale of damage. Most brands choose to invest a large amount of money into implementing NFC or RFID technologies into their products, but the results are still limited and the costs are still high. We 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, our solution is able to solve this problem effectively on a large scale.
SimplyBrand Ecosystem
The ecosystem of Simply-Brand intends to offer a solution to the issue of the movement of fake items that are glowingly harmful; they'll develop a sophisticated ecosystem that lets uses as well as producers to keep away from counterfeiting. Out there may be several other brand protection systems, so what makes Simply-Brand Ecosystem much diff?
The technology of block-chain has become extremely famous in recent time, as evidenced by the several tech and economy that have started applying Block. BTC is the very first app from Block tech, the presence of BTC makes block tech more widely known. Vitalik with his plan about ETH capable to boost the block chain's capability to don't just generate crypto assets; but also decentralized apps and Smart agreements can be realized including Simply Brand which will apply this innovation from Buterin.
Combining the power of blockchain, AI, and crowdsourcing to end online counterfeiting once and for all.
AI Technology & Machine Learning
With simplyBrand's established AI and machine learning technology, our platform will effectively acquire new data and verify counterfeit product information, resulting in a more efficient way to fight counterfeits online.
Blockchain Technology
Leveraging the immutable and distributed features of blockchain technology, simplyBrand will publish the blacklist on the blockchain and effectively reduce the actions of counterfeit retailers by increasing their cost of business and creating new barriers to their continued operations
How does it work?
Simply-Brand’s resolution framework is supported by 5 instruments developed to streamline the entire framework.
Staking mechanism — staking allows parties the “right of apply” on the proposal, which translates to the capability to contribute to activities and get detail on the platform. Staking also makes sure that offensive measures alongside the platform are evaded.
• Crowd reporting device — this enables consumers to get tokens by reporting fake suppliers upon delivery or by reporting internet shops selling imitations to the platform.
Crowd forged verification device — Anti-counterfeiting contributors will get independent sets of products to confirm. The honesty of the verification procedure by the crowd source is ensured with every user getting varying sets of items.
Rating mechanism — to make sure that reports are lawful, each user’s profile is rated with a base score. Bogus reports to the system will lead to compounded rating inferences that might lead to account terminations or suspensions.
Blacklist updates tool — the list is verified and updated regularly by the system to make sure that is up to date. All Parties on the catalog can have their blacklisting reviewed upon paying assets to the system.
TOKEN SALE/ICO
(TOKEN SALE Start 2019-01-10 - 2019-03-23End)
Token information
Token name : SBA
Platform : Ethereum
Type : ERC20
Price in ICO 0.0239 USD
BONUS : Sale 15%
Tokens for sale160,000,000
Investment info
1 ETH = 4,000 SBA
Accepting : USD, ETH
Distributed in ICO16%
UNSOLD SBA TOKEN WILL BURN
Total Supply is 1,000,000,000 tokens. To keep the volatility and growth pricing tokens market, Any unsold tokens during the token sale will be burned overall. For the early project, a soft cap requirement to achieve of at least Soft cap: 4,000 ETH and it's a must. The hard cap will be at Hardcap: 40,000 ETH .
Token And Fund Distribution Can be Accounted!!
The token that had been collected will use for several purposes. this things as accountable prove to all investor who has joined within Simply project
THE ROADMAP Showing great purpose to achieve !
Successful Project always has a purpose to reach. these points can be read easily on a roadmap to track every progress will be through on the project. easily shown on the roadmap to track the progress of the project. As you can see following below, the Roadmap of SIMPY BRAND projects looks very clear and informing. the team has planned in detail the big amount of tasks to be done and to be through. just looks the roadmap truly promising.
SIMPLY BRAND HAVE GREAT PARTNERS
The Partners within the project is a must. there are benefits are gained by both of. of course, helping grow the value of the project and also become one of the ways to show the seriousness to broadcast the project to all people worldwide. here the list reliable partners of SIMPLY BRAND . they welcome and appreciate the extraordinary idea behind the SIMPLY BRAND . they are ASUS, ONE LEAF , HAIER , KANS and many more (there aren't any means concerning mentioning the order partners).
THE SIMPLY BRAND TEAM CONSIST OF EXPERIENCED PROFESSIONALS
Behind Every project, there is always a great and experienced professionals team. below you can see the Teams of SIMPLY BRAND project consist of 10 people. They are experts & professionals in the various background. their capability and specialization had proven in several developments startup project and have knowledge in the blockchain. supported by their awesome experience will make SIMPLY BRAND project always run on its right track. .You can also their profile biography and their track record on the LinkedIn that you can check out on SIMPLY BRAND Official website (link below).You can also their profile biography and their track record on the LinkedIn that you can check out on SIMPLY BRAND Official website (link below).
Further information:
I knew my review is far from completeness. surely there are many ideas relate to SIMPLY BRAND project in your mind. For further information please take a look at their official website, as well as their official communication channels. Also, please feel freely post questions and feedback in the comment, so I can try to answer them.
Website: https://simplybrand.io/en/
Whitepaper: https://simplybrand.io/docs/simp...
Telegram: https://t.me/simplybrand
Twitter: https://twitter.com/simplyBrand_io
Facebook: https://www.facebook.com/simplyb...
Medium: https://medium.com/simplybrand
Author Profile link : https://bitcointalk.org/index.php?action=profile;u=1318848
ETH : 0xE9D3D4E6977a3a901a91AC8648EA8a1e16E1829E