Today, the growth in the e-commerce industry cannot be overemphasized. A study conducted in 2017 showed that in the year 2017 alone there were over 1.4 billion people purchased either a service or product online. This result is not far from the development and mass adoption of the mobile and internet technology. Today, people can now sit in the corner of their room and order for any product irrespective of their location in the world. However, despite this growth, the e-commerce industry is plagued by many problems. There is no transparency in the supply chain procedure; end users do not have access to concurrent information on the status of their product. Furthermore, the presence of arbitrators has made it difficult to resolve disputes whenever it arises, in similar fashion the presence of intermediaries in the supply chain inflates the cost of purchasing a product overseas, This is largely due to the charges they levy for acting as a broker and a clearing agent
VANIG
Vanig was designed with the core aim of improving the e-commerce industry by tackling the problems plaguing the supply chain process. The vanig platform offers members(customers) of its ecosystem a worthwhile shopping experience. It offers them a real-time review, good product selection, reward them for using its platform for purchases and the ability to track and trace their product irrespective of the location in the world. More so, producers and retailers can make use of its Artificial Intelligence (AI) and Machine Learning(ML) to reach targeted customer easily. To ensure accurate tracking of products, the vanig uses IoT (Internet of Things) to trace purchased products location during its transportation from the producer to the customer.
Token sale
To become a member of its ecosystem, a stakeholder is mandated to purchase the vanig token VNG. With the vanig token consumers can purchase various goods and services on the vanig infrastructure. The token is set to be available for sale for a period of ten days. Interested stakeholders can purchase the token using cryptocurrencies (Etherum, Bitcoin, and llithcoin) and fiat currency(USD). To allow for an increased participation in its ecosystem, the contribution an intending stakeholder can contribute is set at 0.1 ETH. The produced token will be distributed in the following statistics: 63% will be available for market sale, 15% for team token, 12% for vanig reward and ecosystem, 5% for referral and bounty program, 3% for legal advisor & partners and 2% to legal advisors. All unsold token will be destroyed
Market target
In the initial phase of launch, it plans to storm the south-east Asian countries starting from the Philippine and Malaysia. It plans to take over the financial market within a four years’ period after which it plans to move to the rest of the world. It is expected that within this four years period it will generate a revenue of $32 million USD approximately 1% of the south-east Asia e-commerce market
VANIG TEAM
Vanig is managed by a 20-man team, led by Prem Sekaran, Vinod Kumar and Dan Ramirez. The team comprised of vastly experienced individuals, who have made recognizable impact in different fields of endeavor and this is a moral booster for those interested in investing in the project.
PARTNERS
To achieve its vision of improving the e-commerce industry, vanig partners with reputable firms some of which are Icoguru, Icorating, Icodaaily, Enterprise Etherum Alliance, Icommerce and Ifashion Group.
CONCLUSION:
Vanig is the future of e-commerce, it a freshly new paradigm in the supply chain process. Inspite of it innovative value proposition to provide solutions for a beehive of problems in the marketplace, it also an incentivized platform that rewards and very attractive for gluts of investors.
For more insight on the Vanig project, please click on the links below:
Website: https://vanig.io/
Whitepaper: https://vanig.io/whitepaper
Telegram: https://t.me/vanigplatform
Medium: https://medium.com/vanigplatform
Twitter: https://twitter.com/VanigPlatform
Facebook: https://www.facebook.com/vanigplatform/
Youtube: https://www.youtube.com/c/VanigPlatform
Linkedin: https://www.linkedin.com/company/vanigllc
Github: https://github.com/VanigPro/
Reddit: https://www.reddit.com/r/VanigPlatform
Ann Thread: https://bitcointalk.org/index.php?topic=3252952
Author's Bitcointalk Username: Jannyh
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1883625