Today’s e-commerce industry is growing at a rapid pace and global retail e-commerce sales are expected to reach $4.5 trillion by 2021. For most commercial businesses, cryptocurrency is becoming a preferred mode of transaction highlighted by its current cap of hundreds of billions and expected to rise to trillions. According to research, most of the finance and banking industry is expected to move to the blockchain and hence adoption rate of blockchain across all industries will increase in the coming years. By Introducing the ARAW Token, the heart of the decentralised payment ecosystem powered by the Ethereum Blockchain, we are aiming to increase blockchain adoption for regular people across the world. We are the first company in the world whose mission is to combine the benefits of the E-Commerce and Payment industries; provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System on the Ethereum Blockchain powered by the ARAW token. The goal of the ARAW token is to be a part of everyone’s day-to-day online & in-store shopping without needing them to change their shopping behavior or understand the underlying complexity of the Blockchain technology.
The ARAW token and its unique infrastructure offers e-commerce and service-providing companies to standardise reward programmes as well as expose the regular people to the cryptocurrency economy. Our solution is completely transparent and strives to make cryptocurrency accessible to the regular people. From the customer perspective, there will be no habitual change - for example, one of our offerings include the Araw Touch & Pay card to be used in tandem with everyday micropayments.
The main goal of the ARAW token is to build the Decentralised Payment Ecosystem for E-Commerce to increase the Blockchain adoption for regular people across the world. The ARAW token ecosystem offers unified reward system which any service-providing entities can partake in. This allows virtually any company to further incentive consumption of their service as they provide real value via token distribution and expand their previously limited market of loyalty-reward consumers to the next level.
The team is strong with solid diversified and technical backgrounds that should be able
To push this project forward. That being said you still need to pass icobench kyc.
Community around the project is strong but digital marketing and onboardimg partnerships maybe difficult in this space with many other projects arleady working on similar solutions. Competition is high
Scalability will be an issue since this is on the Ethereum blockchain, so you will need to dependon a solution such as plasma, raiden, or sharding. Have you worked on solving scalability or interoperability ?
Token metrics are sound and reasonable. Whitepaper is polished
My concern here is as with mamy other projects, everything is hypothetical at this point, based on your roadmap.
Wih only an MVP, its hard to determine the success in such a competitive area focused around payment processing
Good luck team! Will be kellong an eye on this one for progress
Update: KYC passed
ARAW has managed to build a very big following on Telegram and Twitter giving the project a certain hype whis is also positive for investors. The team has a big amount of experience in every part of indurstyr they need like blockchain dev, business analyst, fiancial managemetn and more... They have worked with strong companies so they surely have the network to unfold their product. WP available in different languages en business paper is also available. 70 % of tokens getting sold is a fair amount these days. Project looks legit and will give update on score once the team did their ICObench KYC.
Experienced team with good vision can bring to us worldwide service. Also, they have a well-thought business plan and marketing strategy and huge community on start.
Ecommerce is certainly going to switch to crypto and reach the big numbers quoted by this ICO.
What remains to be seen is what else is possible to differentiate them from all the other end-to-end platforms already being built.
+++ I think the e-commerce sector is ripe for blockchain disruption.
+++ Superb awareness numbers.
- I would like to see more about what has been done already, along with the great plans for the future.
One of the Sectors with a huge potential for cryptos. There are some other ICOs running in the same field with beta platforms. Lack of important information in the whitepaper and non KYC.
Update: KYC passed.
In my opinion the white paper could use some improvement. References aren’t proper, a light paper, no team or advisor bios etc. The product is ok, I don’t see anything that really jumps out at me. The e-commerce space is a tough area to compete in but is ideal for blockchain to make an impact, with some improvements I think it would provide a better chance at competing.
*Please see my profile for disclosures
KYC passed team is little and have good experience also advisory board too .....
Vision is quite good e-commerce sector is very big and potential in crypto currency industry ........ Have mvp also ...... Best of luck team
Very strong team with experience in investment banking and tech, thus can be assured that they will achieve whatever goals they set.
With the presented set of products and solutions, I believe the project could go beyond e-commerce and expand to other industries.
MVP is available which is already good for projects nowadays.
+ Payments solution for E-Commerce
+ Ready MVP
+ Decent whitepaper
- Would be good to see technical whitepaper and one-pager; no partners
- Team lacks blockchain professionals
- Lots of competitors
The e-commerce sector is good for Blockchain but with a few tweaks here and there, your project can compete against others out there.
The team looks capable and experienced enough to get the job done right.
The team is strong, but the competition in this sector is extremely large. Let's see how the project will scale.
Pleases documentation, written by a professional.
Good luck. Let's see what happens from this project.
The team looks very strong.
However, the "MVP" is not the actual product. It looks like an eshop template. Not an "end-to-end solution" for payments which is supposed to be the main product.
The Team is very strong with a good experience in investment banking, i think they'll reach their goal.
The token metrics are sound and reasonable
I think WP can improve.
Product is amazing! i think they can do a lot of things in the future.
Team : Strong academic background, No core team for the moment.
Lake Entrepreneurship Skills to execute a promesse project.
No MVP at this state, there is many project with this promesse like gridplus.io, consensys partner and advise by co-founder Etherereum.
Really strong potential market.
But the major difficulty is to create a producer community to launch the business and I don't read the strategy associate in the WP .
Follow up the project and the road map execution !
Very strong team and far-reaching vision, just what the crypto market needs now, The products could expand to other industries as well. Its marketing team have truly overextended themselves but success will come from the details.
Its already in a very competitive space. They need to fight hard to get to the other side.
They have massive community in Telegram and Twitter. MVP is available. There are few similar concepts but ARAW vision is a bit different - you can think of them as Amazon providing Unified Rewards + Amazon Crypto Payment Card. Backed up by Bleep who has started. Payment solution for EPOS systems more than 40 years now - their merchants include all big sports events like Olympics, FIFA, Formula1 etc. Recently partnered with Credits.
Very interesting project, with a MVP ready and working smoothly.
Many strategic partnerships in place, which makes this project more likely to succeed, not only in its fundraising campaign but also in its execution.
Great experienced team. Good luck team!
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