Ever since we've had the opportunity to remotely control things right from our finger tips, the world in general has been so convenient for humans. The internet has been a breakthrough to businesses and how humans survive. we can as well say the internet is a market place since we get what we need if we can afford it.
Despite the good words used in describing the internet, there are still many challenges faced by it's users. One of them is buying & selling of counterfeit products.
One big problem on the internet is availability of fake products. Selling of different types of counterfeit products has always been an issue for a long time. I do not blame these buyers for not being able to identify fake from real products before purchasing them. Many products needs expertise in brand identification to tell if they're real or not. The internet has made it a lot easier to sell fake products to different people in different region in seconds. The governments and brands have not been able to eradicate this problem. Buying of these products can be dangerous to our health, waste of time and money. it's time we find how to eradicate them.
Any Solution?
I feel the only solution to eradicate the selling of counterfeit products on the internet, is to have an online brand with the latest technologies on their platform to fight back.
SimplyBrand
SimplyBrand is currently the only available brand that is well equipped to fight back the selling of fake products. Simplybrand is an ecosystem on blockchain that uses AI(Artificial intelligence), blockchains latest technologies and the support of humans to eliminate counterfeit products in digital commerce.
In other words,
simplyBrand provides a platform whereby new data about counterfeit goods can be acquired and counterfeit product information can be verified. We provide this valuable information to the respective businesses that have partnered with us to help fight the counterfeiting of their products. Source
SimplyBrand was founded by Kaufman Chang who has over 15years in cyber security and brand intelligence. He decided to startup simplybrand to clear off fake products after his wife bought fake fresh milk and was about to feed it to their 18-month-old daughter.
The internet will be free from harmful products if everyone could embrace the idea behind simplybrand, support and help them protect the reputation of good brands and products. Simplybrand's aim is to blacklist fake brands and products then put up their information on the blockchain for everyone to see.
Below are the stages behind the platform framework:
- Identification
- Verification
- Enforcement
Become A validator
SimplyBrand isn't on blockchain only to fight the proliferation of online bad products. But they also serve as a means for their product validators to get rewarded for helping them archive their aim. They have an in-built mechanism that allows anti-counterfeit validators to earn free crypto by helping the platform identify counterfeit goods.
SimplyBrand has the latest technologies to fight these problems. But the guidance of humans is needed for more advanced, accurate, and efficient result.
This will lead to improvement of the platform's AI’s:
- general accuracy
- image recognition abilities, and
- ongoing efforts to collect evidence of counterfeit goods online.
A Dapp has been built on the platform to ease the work for validators when verifying products.
There is a “Group” section on the Dapp that helps you communicate with the community.
What Do Validators Do?
- They verify if product is counterfeit or not.
- Deciding between two products to know which of them are in their real version or not.
- Reporting directly the fake product on e-commerce platforms, helping the (AI to collect real samples for further improvement.)
Once an anti-counterfeit validator completes the task assigned to him/her, they get special products or services as rewards which can be exchanged for native tokens or SBA tokens. SBA is the token used for every activity on the platform.
Benefits Of SimplyBrand
Impact Calculator
SimplyBrand platform helps brands to measure the possible loss of revenue on online marketplaces.
Counterfeit Risk Detector
This feature allows anyone to easily submit a product URL and the simplyBrand platform will evaluate the risk of it being
SimplyBrand Token Pre- sale Is Live
The first phase of pre-sale started on the 10th in January 2019 .
Simplybrand has provided four different programs for investors during token pre-sale period. These programs are of different stages where investors get huge bonuses.
The Bonus Program
- For 350 ETH, you get a 3% bonus
- For 550 ETH you get a 3.8% bonus
- Until 40,000 ETH investors get 38%. bonus
The First Mover Program
There are 14stages and in the first 11 stages, The earliest investors will share a bonus pool and receive bonuses depending on the amount invested.
simplyBrand Ambassador Program
The more your referred friends invest, the higher the chances of receiving a large bonus. The Top 100 participants that have accumulated the most investment amount from their referrals will be eligible to split a pool of SBA according to their referral contribution.
Referral Bonus Program
Get 1000 SBA for each referral.
Disclaimer:
This is not a piece of financial advice. Please do your own research before investing in cryptocurrencies or any digital asset. This blog post is done for entertainment and knowledge purpose only.