The main goal of the ARAW token is to
build the Decentralised Payment Ecosystem for E-Commerce to increase the
Blockchain adoption for regular people across the world. The ARAW token
ecosystem offers unified reward system which any service-providing entities can
partake in. This allows virtually any company to further incentive consumption
of their service as they provide real value via token distribution and expand
their previously limited market of loyalty-reward consumers to the next level.
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 UK 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.
E-Commerce and commercial reward
schemes are experiencing massive growth - the global sales via e-commerce in
2014 was 1.3 trillion dollars - expected to double in 2020, and the number of
online shoppers is also expected to increase from 1.46 billion to 2 billion by
2020. As a result, e-commerce platforms and existing reward schemes are highly
saturated - every individual shop offers their own exclusive points system.
Additionally, customer acquisition is a serious problem given the difficulty
for service providers to distinguish themselves from the competition.
E-Commerce also severely lags behind other industries in cryptocurrency
adoption.
Similarly, the cryptocurrency
market is growing rapidly. This growth is impeded by fundamental issues:
- A lack of a reliable, international exchange which allows individuals to convert tokens into fiat currency.
- No practical use for cryptocurrency in day-to-day activities
- Over-regulation or insufficient regulation in different countries across the globe which both hurts user adoption and leads to different fraud schemes that damage reputation of credible projects
- A requirement for specialised blockchain developers
- A reduction in token value due to transaction fees
- Barrier to entry
The Araw Platform offers a
practical solution to the problems outlined above as well as the potential to
become the practical heart of e-commerce and cryptocurrency combined. It
strives to reward shopping with cryptocurrency by exposing the common person to
the ARAW token. The key focus of ARAW is giving effortless access to
cryptocurrency ownership which comes with potential rise in value - without
dealing with any of the underlying complexities which make cryptocurrency
unattractive.
Diversified Channels
The Araw platform aiming to target
multiple channels to increase the adoption of the blockchain technology. There
are two main verticals to achieve our goal.
E-Commerce:
The goal of the ARAW token to be a part of everyone’s day to day shopping
without needing them to change their shopping behaviour. This can be achieved
with simple and easy to use e-commerce website which is transparently
integrated with the decentralised payment.
Decentralised
Payment: The Araw platform will be a bridge between merchants, consumers,
cryptocurrency exchanges, and the Ethereum smart contract that manages the
liquidity of the ARAW token.
Our goto marketing strategy to reach more customers and merchants.
The existing Araw platform, Araw UK Ltd. was founded in 2016. This
platform has been implemented using virtual tokens without blockchain support.
We provide our client businesses with services such as
- Customer analytics: keep track of loyal customers, their points and redemptions in real time.
- Customer insight dashboard: connect in real time to the customer information and turn those insights into more sales and customer loyalty.
- Business branded loyalty card
- Increase revenues with new and loyal customers: Engage and reward your customers.
- Know your customers better and bring them back to your business: Distinguish between dormant and loyal customers, and send right offer to right customers.
- In-store marketing: we provide in-store marketing material to promote digital loyalty program among customers.
The Customer App
The Customer app is targeted
towards our merchants/retailers’ daily customers to allow business to keep in
touch with their customers and build a meaningful relationship with them.
·
Earn and redeem rewards from their favourite businesses.
·
Discover incredible rewards from thousands of near-by businesses.
·
Time to time one-off unbeatable deals from various retailers
The Business App
The Business App is mainly used by
our merchants/retailers to operate requests made from customer app.
- Connect with customers for a relationship that endures.
- Give customers more personalized experiences - both in and out of store - and see your revenue double from returning customers.
Customers
Insight Dashboard
Customers insight dashboard gives
our merchants/retailers detailed statistics about their regular/dormant
customer base. We provide detailed insight of customer stats so that they can
plan for their short and long term business goals.
Track Record
ARAW UK Ltd currently administers
customer rewards programs for several businesses in the UK. We expect all of
our businesses to upgrade from their traditional points system to ARAW tokens.
Throughout the world the
E-commerce industry continues to gain popularity. For each day that passes, the
online shopping platform gains more customers and keeps increasing their trade
volume.
In addition, the potential of the
retail and e-commerce industry will continue to grow in the future. In 2014,
the global sales of e-commerce were about USD 1.33 trillion and are estimated
to increase to double this tally in 2020. Accordingly, the corresponding retail
sales that come from E-commerce are expected to increase from about 7.4% to
14.6% in 2015 and 2020 respectively. The number of online shoppers is expected
to double the rate recorded in 2015 (1.46 billion) by 2020 (over 2 billion),
Statista reports.
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.
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.
Open API Platform
With ARAW Token Open API Platform,
users do not need to know any form of programming code or language to make use
of the system. It is structured to be utilised out of the box.
Banking System
Integration
With seamless banking system
integrated in the Araw Platform, Customers will be able to buy ARAW tokens
using linked bank accounts. They will also be able to exchange ARAW tokens with
fiat and send cashback to linked accounts.
Araw
Mobile Wallet
The seamless integration of Araw
Mobile Wallet with Banking and cryptocurrency Exchanges will enable Araw
Platform users to;
- Top-up ARAW Tokens with a click of a button
- Send and Receive ARAW tokens
- Exchange ARAW tokens with any other crypto currencies like ETH and BTC
- Exchange ARAW Token with fiat currency and get cashback
Cryptocurrency
Exchanges Integration
Araw platform integration with
cryptocurrency exchanges would allow users to exchange ARAW tokens with other
cryptocurrencies (like ETH and BTC). Users of the platform can also convert
from one cryptocurrency to the other and from cryptocurrency to fiat currency.
- Merchants need ARAW token to reward customers for assisting with the sale of their product, to compensate buyers when they rate products and to pay for deals.
- Merchants pay customers as an incentive to increase their footprints of loyal customers.
- Customers will be able to spend ARAW tokens to make purchases at Araw e-commerce marketplace.
- Customers will be able to purchase ARAW tokens through Araw wallet using fiat or cryptocurrency.
- Customers may be offered discounts in replacement for ARAW token.
- Investors can buy and sell ARAW tokens from cryptocurrency exchanges.
- Customers will be encouraged to hold tokens in their Araw wallet to get better futuristic value.
Token Generation Event
Ticker:
ARAW
Token
type: ERC20
ICO
token price: 1 ARAW = $0.01
Total
tokens: 5,000,000,000
Available
for token sale: 3,500,000,000 (70%)
Whitelist:
YES (15 May – 30 June)
Know
Your Customer (KYC): YES
Pre-sale
start date: 1 JULY
Public
sale start date: TBD
Soft
cap: 2,000,000 USD
Hard
cap: 25,000,000 USD
Accepts:
ETH
Contact us for pre-sale: tokensale@arawtoken.io
Token Distribution
Token Sale Funds Allocation
Krutesh Shah
Co-Founder & CEO
Carlo Pascoli
Co-Founder & CTO
Dev Shah
CBDO
Manan
Jobanputra
Lead Blockchain Developer
Roman
Golovay
Blockchain Developer
Dimpy
Ladva
Senior Mobile Developer
Jainesh
Mehta
Platform Developer
Sagar
Jobanputra
Web Designer/Developer
Stephen
AO
Lead Designer
Ami
Shah
Senior QA Analyst
Maskim
Boyko
Infrastructure Engineer
Kunjan
Parmar
Legal Advisor
Jeremy Khoo
E-Commerce & Retail Expert
Jane Thomason
Advisory Board Member
John Wellman
Bleep Plc, Group CEO
Naviin Kapoor
Blockchain Advisor
Paresh Masani
Platform Vision & Strategy
Nicolo Stewen
Media Partner, CEO of Cryptoanalyst.co
Srinivas Anala
Founder of bloqwise
That's the explanation about ARAW which Digital Science can convey., hopefully can be useful for friends of cryptocurrency lovers. Thanks and look forward to information about other crypto worlds.
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