ARAW Token – Announce their Decentralised Payment & E-Commerce Platform
What Is ARAW?
ARAW is a new blockchain company that will release a new token soon. Its main goal is to provide an end-to-end solution for e-commerce companies and a “touch and pay” crypto card, as well as online payments with cryptocurrencies powered by the blockchain technology.
ARAW is on a mission to provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System powered by the Ethereum Blockchain.
How Will ARAW Blockchain E-commerce Work?
The ARAW platform will integrate e-commerce business and a decentralized payment method that will be created on top of the Ethereum blockchain. This will enable merchants and consumers to exchange tokens among them via smart contracts that will, unlike most smart contracts, allow cashbacks.
The ecosystem will be created by many different products, some of which will be explained later on this article. They are Aray Pay online payments, the e-commerce marketplace, the Araw Card Touch & Pay, the open API platform, the banking system, Araw Mobile Wallet, the crypto exchange and the Ethereum blockchain.
- Araw pay online payments – Araw pay is an open portal that approves repayments in ARAW Tokens and also could be made use of by any type of vendor, anywhere similarly other online settlement portals.
- E-commerce marketplace – E-commerce marketplace will create a day to day shopping platform without changing their shopping pattern.
- Araw card touch and pay – This will enable customers to make payments at offline marketplaces.
- Open API platform – API platform ensures that the users can operate within the ecosystem without any knowledge of computing programming and languages.
- Banking system integration – This will enable the users to buy ARAW tokens using a linked bank account or to exchange ARAW tokens to fiat money.
- Araw mobile wallet – Araw mobile wallet will be enabling the users to;
-Top-up ARAW tokens with a click of a button
Transfer ARAW tokens
Exchange ARAW tokens with other cryptocurrencies
Exchange ARAW tokens with real cash
- Cryptocurrency exchange – ARAW tokens will be integrated with the other cryptocurrencies such as ETH, BTC, through this banking system. So the users would be able to exchange the other cryptocurrencies with ARAW
- Ethereum Blockchain – Ethereum Blockchain enables the use of smart contracts that make the goods exchanging process fast, secure and trusted.
- Peer-to-peer – This enables the transactions between two parties anywhere in the world.
- Unified reward system – Unified reward system is designed to remove the limitations in traditional customer loyalty programs.
The ARAW Platform
The goal of the ARAW token is to be a part of everyone’s day-to-day online & in-store shopping. The company is aiming to contribute to the global Blockchain User Adoption by intuitive and seamless integration of vastly used E-Commerce channel with the Decentralised Payment such that regular people across the world can benefit from the cryptocurrency without needing them to change their shopping behaviour or understand the complexity of the Blockchain technology.
One of the key “components” of the ARAW token ecosystem is its mobile application. On the application lies an e-commerce marketplace where customers can shop digitally using the ARAW token. Moreover, the mobile application provides a cryptocurrency wallet for multiple coins and tokens, as well as fiat currencies. This includes the ARAW token, BTC, ETH, and USD. There is also a digital currency exchange built into the mobile application, which lets users exchange cryptocurrencies to other cryptocurrencies and to fiat and vice versa.
Another strong feature is the Banking System Integration in the app, which allows users to top-up using bank accounts and to obtain cashback on the ARAW tokens.
Customers will also be able to shop in physical retail stores using the ARAW Touch & Pay Card. The goal of the ARAW is to make regular people accustom to use ARAW card for their daily shopping and time-to-time reward them out of box. To increase the merchant adoption rate, the ecosystem introduced Araw Pay, the decentralised payment gateway, which allows merchants to accept online payments with the ARAW token with a click of a button.
ARAW Token ICO Details
ARAW tokens will be ERC20 Ethereum-based tokens that will start to be sold during the Initial Coin Offering (ICO), which will last from July 1 to August 30. The sale will have a total of 3,500,000,000 ARAW tokens, which are 70% of the total supply.
To participate, you have to be whitelisted after Know Your Customer produces that you can make until June 30. The soft cap will be 5,000,000 USD and the hard cap will be 25,000,000 USD. Only ETH will be accepted as a method of payment for the tokens.
Ticker : ARAW
Token type : ERC20
ICO token price : 1 ARAW = $0.01
Total tokens : 5,000,000,000
Available for token sale : 3,500,000,000 (70%)
Whitelist : YES (15 May – 30 June)
Know Your Customer (KYC) : YES
Pre-sale start date : 1 JULY
Public sale start date : TBD
Soft cap : 5,000,000 USD
Hard cap : 25,000,000 USD
Accepts : ETH
Contact us for pre-sale : email@example.com
Pre – Sale
Token Sale: 1 JULY – 30 AUG
Augut 1th, 2018
For More Details of ARAW ICO:
Official Website: https://arawtoken.io
Bitcointalk username: MyAnh
Bitcointalk profil link: https://bitcointalk.org/index.ph