Ecommerce is already at its booming stage and more businesses are springing up on daily basis. The ecommerce industry is already moving from serving few million customers to expected 2 billion users by the year 2020. There is revolution in the offing with ARAW taking the lead in that regard. The platform was developed as solution to major pain point – payments. Most times, users of ecommerce sites have tendered complaints on their relative inability to curate cross-border transactions. ARAW was birthed to hedge such downsides.
Payments
ARAW is mainly interested in addressing issues that arose as result of lags in decentralized payments. The project is perhaps positioning itself as last-mile ecommerce payment solution and has range of products to back this up. The solution will be integration of payment widget on supported websites. At the moment, the drive to use cryptographic currencies is becoming intense and there is still much to do. For instance, a newbie to the system will find it hard to understand the functionality of these coins. To this end, ARAW prides itself as a platform that allows users have their usual shopping experience even when they are not fully in the know of crypto payments.
Card for All Purpose
Before now, there have been massive calls to accept cryptographic payments. In conventional business setting, enterprises find it hard issuing loyalties and rewards to their customers. The few that offer are afraid of perceived ‘‘cheap tag’’ they might get and the effect on their market capitalization. ARAW has a solution for this – the Touch and Pay Card. The card allows users and customers to decentralized stores derive rewards for their activities. For instance, loyalty points might be issued to a customer that makes a purchase. On the other hand, the card helps in storing accumulated points to one place and spending same on varieties of services on the ARAW ecosystem.
Unified Loyalty Scheme
Current reward schemes seem fragmented with many businesses offering diverse versions to this. Customers on their part receive rewards from different angles and hence, cannot spend same in one platform. ARAW is perfect solution to these disparate rewards. Backed by the Unified Reward System, retailers are collated under the platform and allowed to issue token-incentives to their customers. Whether retailer or wholesaler, the system is buoyant enough to accommodate all and the decentralized nature allows participation from different environments.
Conclusively, ARAW has varieties of inputs to the much fragmented ecommerce industry. The focus is primarily on the decentralized business system and it seeks to empower enterprises with respect to their payments while users will be rewarded for their inputs.
TOKEN SPECIFICATIONS
Token Symbol: ARAW
Platform: Ethereum
Standard: ERC-20
Soft Cap: $2 million USD
Hard Cap: $25 million USD
Total token Supply: 5 billion
Exchange Rate: 1 ARAW= $0.01 USD
Accepted Payments: Ethereum (ETH)
Country: The UK
Restricted: The USA
For more information about Araw, kindly visit:
Website: https://arawtoken.io/
Whitepaper: https://arawtoken.io/assets/araw_whitepaper.pdf?v1.8
Facebook: https://www.facebook.com/arawtoken
Twitter: https://twitter.com/arawtoken
Telegram: https://t.me/ArawTokenOfficial
ANN Thread: https://bitcointalk.org/index.php?topic=3497194.0
Writer: Crypto4ruby
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1788350