ARAW token is the decentralized payment system for E-Commerce Ecosystem. It will provide end to end solutions for E-commerce marketplace touch and pay cryptocurrency card, online cryptocurrency payment and unified reward system powered by the Ethereum Blockchain. This system is designed to remove the barriers to Cryptocurrency economy. It will be a comprehensive, transparent solution to make Cryptocurrency is accessible to general public. Obviously, it will spread the Blockchain technology among the general public.
Araw token ecosystem consists of following features.
Araw pay online payments – Araw pay is an open portal that approves repayments in ARAW Tokens and also could be made use of by any type of vendor, anywhere similarly other online settlement portals.
E-commerce marketplace – E-commerce marketplace will create a day to day shopping platform without changing their shopping pattern.
Araw card touch and pay – This will enable customers to make payments at offline marketplaces.
Open API platform – API platform ensures that the users can operate within the ecosystem without any knowledge of computing programming and languages.
Banking system integration – This will enable the users to buy ARAW tokens using a linked bank account or to exchange ARAW tokens to fiat money.
Araw mobile wallet – Araw mobile wallet will be enabling the users to;
Top-up ARAW tokens with a click of a button
Transfer ARAW tokens
Exchange ARAW tokens with other cryptocurrencies
Exchange ARAW tokens with real cash
Cryptocurrency exchange – ARAW tokens will be integrated with the other cryptocurrencies such as ETH, BTC, through this banking system. So the users would be able to exchange the other cryptocurrencies with ARAW
Ethereum Blockchain – Ethereum Blockchain enables the use of smart contracts that make the goods exchanging process fast, secure and trusted.
Peer-to-peer – This enables the transactions between two parties anywhere in the world.
Unified reward system – Unified reward system is designed to remove the limitations in traditional customer loyalty programs.
Not like other utility tokens, ARAW is not just a token which need to be held for platform transactions. This is the heart of the decentralized ecosystem. 5 Billion Tokens will be distributed among the participants as follows.
70% tokens will be available in token sales
15% will be reserved in a pool for future utilization
9% will be distributed among the founders and team members
3% will be distributed among advisers
Remaining 3% will be distributed through bounty programs
Funds collecting through the token sales would be utilized for platform development as follows.
35% for research and development
37% for sales & marketing
15% for operations
10% to ensure legal compliances
3% for improve customer support services
Araw concept was born in 2016 and they have completed half of their journey. The followings are the important milestones to be achieved in next two years.
Launching private and public sales
Introducing E-commerce marketplace
Launching Araw mobile wallet
Introducing touch & pay mobile solution
Releasing Araw platform in the UK
Opening API platform
Expanding into USA & Asia
Araw management team is comprised of highly qualified and experienced professionals in IT, legal, financial, technology, online communication, and marketing. Following is a small explanation about co-founders.
Krutesh is an expert in business development, finance management, operation management, project management etc. He has worked as business analysts for several investment banks.
Carlo is an expert in distributed systems and mobile app development. He holds a master degree in computer engineering. He has worked for several leading IT companies.
For More Details of ARAW ICO:
Official Website: https://arawtoken.io
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Post By Anton De Mel
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