Seal wants to bring back confidence to consumers and allow for brands to interact with their most heavily vested customers in the most direct way. Seal platform aim to protect the interests of both the buyers of specific products and their producers.
Seal is the best way for anyone to check if a product is genuine or fake. Seal combines NFC chips, which are embedded into physical products, the Seal app, and the Seal Network to provide a fast, simple, and secure way to provide products authenticity and other services. By facilitating a secure tokenized version of a physical product, Seal allows product-specific services to operate such as transferring ownership, theft prevention, insurance, but also brand activation campaigns and product analytics. Seal lets brands earn money every time their products change owners. Brands can earn money from items sold through the secondhand trade, while simultaneously protecting their markets from counterfeiters. Using the power of the blockchain, authenticity can be checked and ownership can be transferred decades from now, even if the product itself is discontinued, as long as people contribute to the decentralized Seal network.
1. Products with a built-in Seal chip that uniquely identifies physical products
2. Seal-application installed on an NFC-compatible smartphone
3. A print character that allows communication between different parts of the platform.
4. Seal-network, an unchangeable database of chains, where each transaction is recorded and checks its nodes.
HOW DOES IT WORKS?
The Seal technology utilizes NFC compatible seal chips. The chip can be easily integrated into any physical product. It stayed locked behind the product surface without bothering the consumers. It is a secure way to detect the genuine product manufactured by the particular brand.
Once the Seal is incorporated in the product, it can be paired with the digital counterpart on the blockchain platform. The user can verify the product instantly by just taping on the scan using the smart device such as smartphones.
The Seal platform consists of various components to verify the authenticity of the product. The embedded Seal chip is one of the technologies used to record the data of each product which can be later detected by using scanning device. You will be required Seal app on your NFC compatible smartphone to detect the information of the product.
The Seal token requires building the communication between the different parts of the platform. The token can be purchased from the platform or the other users. The Seal network is strong platform based on blockchain system used to record the information in the database. The transaction recorded in the database is stored securely and can be accessed only when it is validated by the users. The blockchain uses its nodes to verify and share the data with the particular users.
TOKEN SALE DETAILS
The token of Seal platform is called Seal Token. It’s a utility token that will be used to pay the services by both consumers and brands when they make transactions within Seal Platform.
Besides that, the Seal token also can be used to interact with these decentralized brand apps (bApps) because Seal also will help the brands to set up their own decentralized app for their own product on the Seal Network. Seal Token enabling low costs micropayments between the Seal Network, consumers, and brands.
Right now, the Seal token is build up based on ERC20 Standard which means very easy to integrate with another Ethereum. But, in the future Seal token may building up based on ERC223 Standard.
Token Cap :
A maximum of 1.2b tokens will be minted and will never exceed this amount. No more than 492m tokens will be allocated for the token sale rounds. Discounts and bonuses depend on strategic partnerships and deal size.
• Soft cap 33,000,000 tokens
• Hard cap 492,000,000 tokens
• Presale 384,000,000 tokens
• Main sale 108,000,000 tokens
Sales of tokens: C 1 April to 12 May
Type of tokens: ERC20
Price for the token: 1 SEAL = 0.08 USD
Tokens for sale: 492,000,000 SEAL
Minimum investment: 1 ETH
The price of the Seal token is 1 ETH = 7000 Seal tokens and 108,000,000 tokens are allocated for the main sell period.
MEET THE TEAM
In the first quarter of 2018, the sale of tokens began.
In Q3 2018, the product will be launched with the first partners.
In the 4th quarter, the subsequent development of the product.
In the first quarter of 2019 will add special opportunities for sellers.
In the third quarter, the platform will be able to watch analytics.
In the 1st quarter of 2020, its own block of flats will be created and tokens will be transferred from the block air of the etherium to its own blockade.
In 2021, the platform will continue to improve along with partners.
Kind Regards, ensure to join this incredible project.
FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:
Whitepaper Link: https://seal.network/seal-whitepaper.pdf
YouTube Channel: https://www.youtube.com/channel/UCRSij7RrH46gIbvBVfWN5KA
BitCoinTalk Thread: https://bitcointalk.org/index.php?topic=2929809.0
Instagram Feed: https://www.instagram.com/seal.network/
Profile link: https://bitcointalk.org/index.php?action=profile;u=1887582
Eth address: 0xd0D5d98857192B3931c831b7B809D47CD830da32