SimplyBrand was created with a vision of building a world of e-commerce which is free from counterfeiting and where the identity of the brand and the consumers are protected against fake products. To put this thought into action, SimplyBrand has come up with a unique amalgamation of AI, blockchain and crowdsourced participants. It is a platform on which the brands can seek services to detect sellers and online merchants involved in selling fake products. Along with technology, the platform also seeks the help of crowdsourced participants who can directly report the counterfeit products. The data of all such merchants is put up on a public blockchain, creating a sort of “blacklist.” This creates an economic and reputation hurdle for counterfeiters. En bref, simplyBrand spans everything which can be the beginning of the end of the counterfeit product market.
From Simplybrand blog
Ongoing Pre-sale for SBA Token
Simplybrand is in partnership with Cobinhood to launch its first pre-sale. The Simplybrand token (SBA) pre-sale started on the 10th of January and will continue till the 23rd of March.
It’s critical for participants and investors to note that the pre-sale would be available to citizens of all countries except for China and the United States of America due to government restrictions.
Some info about the pre-sale and the Simplybrand token
| Token Name | Simplybrand token |
|---|---|
| Symbol | SBA |
| Type | ERC-20 |
| Price | 1 ETH = 4,000 SBA |
| Hard cap | 40,000 ETH |
| Soft cap | 4,000 ETH |
| Timespan for the Presale | 10th January 2019 till 23rd March 2018 |
Early participation in the SBA pre-sale would earn investors extra bonuses compared to the late participants and 50 Candy Machine tickets would be given to each investor by the end of the pre-sale.
The pre-sale consider 14 stages and those who participate in the first 11 stages would greatly benefit from the bonus based on a first come first serve basis and the amount invested in each stage.
Bonus reward for each stage has a minimum of 100 ETH and a unique method would be used for the bonus calculation. You can get more info on the pre-sale.
More earnings
Because Every Purchase Matters an ambassador program is going to kick off by the end of the pre-sale and it offers a huge amount of reward where the top 100 investors who have higher stakes in the referral bonus get to share a pool of SBA and this would be determined by their contribution to Simplybrand through the referral program and the final amount of eth gotten from the pre-sale.
The referral program allows participants to earn by inviting an investor to partake in the pre-sale. A referee earns 1000 SBA when he referred individually to invest in the pre-sale.
SBA whitepaper
Simplybrand Website
Telegram announcement channel
Telegram discussion group
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