ICO ArawToken~~The Decentralised Payment for E-Commerce Ecosystem

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What Is ArawToken ?

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 rillions. 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.

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ArawToken ICO Token Sale Information

ICO Project NameArawToken Symbol ICO Price
ArawTokenARAW1 ARAW = 0.01 USD
ICO Start DateICO End DateType
1 JULY 2018TBAERC20
PlatformSoft capHard cap
Ethereum2,000,000 USD25,000,000 USD
Tokens for saleAcceptingDistributed in ICO
3,500,000,000 ARAWETH70%

ArawToken More Information

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Blockchain User Adoption & The Araw Platform

The Araw Platform is aiming to contribute to the global Blockchain User Adoption across regular people by intuitive and seamless integration of vastly used E-Commerce channel with the Decentralised Payment.

Leading E-Commerce platforms today do not offer Reward
Systems and Payment solution

We consider the lack of reward programmes in the biggest e-commerce distributors to be an enormous problem and a market opportunity. The largest e-commerce firms take a sizable commission for each product sold on their platform – and only provide a basic service of delivering the product to the consumer. However, with the introduction of a unified reward system we can enhance the consumer experience and introduce a consumer-driven market, encouraging customers to migrate away from basic e-commerce services.

The ARAW Token Ecosystem

The Araw Ecosystem was carefully designed from the beginning as a supportive sphere in which users can be confident in their trades on the Blockchain. To capture a variety of users, we have provided an ecosystem platform that is scalable and effective, yet simple over the Ethereum Blockchain, where customers and brands can interact without restrictions in a dependable, trustless, and mutually  beneficial manner.

Araw Pay

Araw Pay will be an open widget to accept payments in ARAW tokens and can be used by any merchants anywhere online just like any other payment gateway providers. We aim to provide seamless Araw pay solutions in Araw mobile & web wallet, open API platform, and Araw e-commerce marketplace

Araw Card – Touch & Pay

Araw – Touch & Pay card aims to enable customers to make micropayments at coffee shops, supermarkets and day-to-day online shopping. It contains radio-frequency identification (RFID) to communicate with card reader to enable contactless payments. With the release of Araw Card, we are expecting to raise adoption of the Araw platform by regular customers.

We are going to implement this solution in different phases.

Phase#1 Merchants accept Araw Card Payments using The Araw Card Reader Mobile App

We are aiming to implement this as our quick solution. This will enable any Merchant in the EU to accept payment in the ARAW token. Merchants will need to download Araw card reader App from Apple store or Google play store which will be able to communicate contactless with Araw card to do micro-payments or receive ARAW tokens. After this, we will be working towards other countries to comply with their jurisdiction to support ARAW token payments.

Phase#2 Merchants accept Araw Card Payments using standard Visa or MasterCard Readers

The ARAW token aims to integrate with Visa and MasterCard following our own mobile solution to ease the transactions for merchants and consumers globally. Customers will be able to use virtual Araw Card from their Araw mobile wallet for touch & pay micropayments at their favourite retailers.

Phase#3 Merchants accepts Araw Card Payment using Araw Card Reader Hardware

Depending on the funds raised; we will be targeting to develop our own hardware to accept payments globally. We will be targeting this after ARAW token becomes a global cryptocurrency used by multiple countries. We expect increased adoption of Araw token with the introduction of hardware card reader.

We will aim to release another form of authorised paper to detail phase#2 and phase#3
by mid of 2019.

Our Rating About The "ArawToken" Project
  • ICO PROFILE
  • PRODUCT
  • Team Member
  • Mission
  • Our Own Ratting
4.9

Summary

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.

ArawToken More Information

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Bitcointalk Profile
ETH Address : 0x04cd193c757d2c5edf406efb688ec9301bffcd91

 

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