With the growth and the presence of the BlockChain technology and the introduction of the cryptocurrency, every industry has begun to change and to accept the BlockChain technology as a method to reinvent the existing business industries. The e-commerce industry is growing very fast and all the people in the world now have the ability and the facility to buy anything online. The economic analyzers hope that by 2021, the sales of global retail e-commerce industry will hit the $4.5 Trillion price level. The cryptocurrency is becoming a perfectly matched and secure transaction method for almost all the commercial businesses highlighting the current market cap of the crypto of billions and the expectation about the growth to trillions. With the popularity of the BlockChain, it is said that most of the banks, other financial industries, and almost all other businesses are expected migrate to BlockChain technology and due to that reason, the adoption rate of the BlockChain will increase in the coming years.
The project ARAW
Now let's move into the e-commerce industry. By introducing the ARAW tokens, it is the time to make some revolutions in the e-commerce industry. Natively being decentralized payment ecosystem and powered by Ethereum BlockChain, the project ARAW is here to increase the adoption of the regular people to BlockChain and the e-commerce through the world. By introducing and providing end-to-end solutions to for e-commerce businesses, Touch and pay cryptocurrency payment card, online payments using cryptocurrencies and unique reward system runs on the Ethereum BlockChain with the help ARAW tokens, the project ARAW is to become the first company in the world to combine the e-commerce industry and the essence and the power of the BlockChain technology. The aim of the ARAW is to simplify the process of the transaction on BlockChain technology to the regular people without changing their online shopping experience and the way how they buy the things online and making the transactions on BlockChain familiar to everyone without needing to learn the underlying complex process of the technology, BlockChain.
Token and ICO
This is an ERC 20 standard Ethereum BlockChain powered token with the symbol of ARAW. It connects the e-commerce system and the payment processing system. Retailers can use the tokens as a reward system for customers. The team has allocated 70% of the tokens for the ICO. The hardcap is 25,000,000 USD. The softcap is 2,000,000 and the softcap has reached. During the ICO, the investors can buy 1 ARAW token for the price of 0.01USD each.
Team
Vastly experienced professionals have joined the project ARAW in order to make the project a successful one. Advisory board consists of members who have experienced in e-commerce and BlockChain for several years. There is no need to keep any doubts about the team.
Verdict
ARAW token is a project with a massive community in Telegram and Twitter. This is a project with an MVP. Even there are some kinds of similar projects to ARAW, the ARAW can be considered as the most professional project among them with two years of operating history. The reward feature of the project is very nice and could be incentivized by both customers and the businesses.
Related links
Website: https://arawtoken.io/
Whitepaper: https://arawtoken.io/assets/araw_whitepaper.pdf?v1.8
Telegram: https://t.me/ArawTokenOfficial
Twitter: https://twitter.com/arawtoken
Authors details
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1690614
Telegram: @jayezine
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