🚀💎 SIMPLYBRAND = OVERCOMING FAKE PRODUCTS 💎🚀



Hello crypto fans that I like, and today I want to tell you about the SimplyBrand project that was successful and in the hardcap stage


About project

As depicted above, simplyBrand aims to establish a platform with built-in AI model and machine learning technology to identify counterfeits. Crowd-sourced participants will be incentivized to assist in verifying the unidentifiable items throughout the whole process. The information of the counterfeiters will then be published on the blockchain, which is immutable and totally public for everybody to read. In addition, two major functions will be released along the way and will result in more parties joining the platform to complete the goal of evolving the platform into a self-governed ecosystem. By combining these cutting-edge technologies, and also designing mechanisms to govern the platform by itself, the solution would be able to solve this problem at a larger scale and high effectiveness.

simplyBrand will create a solution to this problem by establishing a platform with a built-in AI model and machine learning technology to identify counterfeits. Crowd-sourced participants will be incentivized to assist in verifying the unidentifiable items, while the information of the counterfeiters will be published on the blockchain, which is immutable and public for everybody to read. In addition, two major functions will be released along the way which will result in more parties joining the platform to complete the goal of the platform evolving into a self-governed ecosystem. By combining these cutting-edge technologies with new mechanisms to govern the platform by itself, the solution is able to solve this problem effectively on a large scale.



Basically, the SimplyBrand environment recognized items will be bought using the SMALL BUSINESS ADMINISTRATION token which could also be exchanged in other crypto exchanges. This kind of move will certainly enable the digital business consumers learn better background checks as the players can strive to preserve good rankings. The strategy taken by SimplyBrand’s design is going to leverage AJE technology to help make the ecosystem secure for customers. Over the years, cyber-terrorist has taken benefit of digital web commerce loopholes to scam harmless buyers. SimplyBrand is built to get rid of such difficulties by adding advanced features & effectiveness in deal verification.



Brands will use the simplyBrand program to ask for brand-protection solutions. Human Coating will straight report fake products, or perhaps work with the AI to verify the authenticity of E-commerce goods. Human coating would include crowd source individuals and third-party service providers who also do the observance job. The Simplybrand system will incorporate AI, human being ingenuity and block chain technology which will be utilized to create a great immutable “blacklist” of fake product. The SBA bridal party within the blockchain will incentivize human level to utilize the simplyBrand program. Leveraging the immutable and distributed top features of block string technology, simplyBrand will distribute the blacklist on the block cycle and efficiently reduce the activities of fake retailers simply by increasing their very own cost of organization and creating new obstacles to their continuing operations.

With SimplyBrand’s founded AI and machine learning technology, system will successfully acquire fresh data and verify fake product info, resulting in a more effective way to fight fakes online. Human being layer should receive tokens because rewards and may either utilize them to purchase company privileged products on simplyBrand platform or perhaps sell all of them on exchange. Brands can purchase tokens coming from exchange, and buy brand-protection providers on simplyBrand platform. The simplyBrand environment helps brands to gauge the possible lack of revenue about online market segments. The system works to provide openness within eCommerce to allow brands to further all their understanding of the extent of counterfeiting as well as how to end the situation.

Along with AI and blockchain, we expect that individual intelligence may play a vital role in anti-counterfeiting actions, not just our bait. To motivate human involvement and to incentivize individual attempts, we have a new lucrative incentive structure by means of our indigenous SBA bridal party, stated Kaufman Alter, founder and CEO of simplyBrand. This individual further described that having a digital environment of the selling economy run by web commerce giants just like Alibaba and Amazon, it really is imperative that the transparent program be produced that provides a much better online shopping encounter for customers. With the help of COBINHOOD’s expertise as well as robust community, we believe that people can bring about an optimistic transformation for this industry.




Business Concept

Renowned brands will request protection service from the simplyBrand platform then in return SimplyBrand will receive service fees and product gratuities. These free products then used on the ecosystem as gifts to the reporters. This business concept is quite simple and quite realistic. We will learn SBA token concept in details in the following paragraph:
Crowdsource participants (or users) are required to stake their SBA tokens (or have a certain number of SBAs in the platform wallet) before they can report fake e-commerce products.
If users could send a valid report, users then rewarded with SBA. Conversely, if users abuse the system, the SBA token in their wallet are burned.
These reports are used to train artificial intelligence.
The trademark owner company will request protection on the platform and provide service fees to simplyBrand. Besides that, they also give their product as gifts to the marketplace.
Users can then use SBA tokens to buy branded products in the marketplace or sell their SBA tokens on the exchange.

Therefore, with the mutually beneficial collaboration and the rise of token demand because of staking, buying products in the marketplace, and using brand protection services, the economic activity will automatically be created due to the SBA tokens on the platform. This dynamic is called tokenomics.



ICO DETAILS

Token: SBA
Platform: Ethereum
Standard: ERC20
Qty: 1,000,000,000 SBA
Price: 1 SBA = 0,0500 USD
Payment: Eth
KYC: Not



TOKEN DISTRIBUTION

40% Sale
five % Advisors
five % Bounty
ten % Main investors
ten % Team
thirty % Reserve

Distribution of funds collected
45% Developments
five % Administrative expenses
five % Legal expenses and regulators
ten % Business development
15 % Operating expenses
20 % Marketing

ROAD MAP



May 2013
easyBrand began to provide big data and a solution for AI for brands
October 2017
Expected demand for counterfeit products from existing customers received by RFP
May 2018
Draft unit chain Kickoff easyBrand.io with verification of MVP market
May 2018
Draft unit chain Kickoff easyBrand.io with verification of MVP market
November 2018
PoC1 Impact Calculator
December 2018
PoC2 Contract Risk Detector
April 2019
SaaS app for brands and blacklist on Blockchain release
July 2019
SaaS application for law enforcement online
November 2019
Check – Crowdsourcing Online
February 2020
Integration of third-party applications online

TEAM



FOR MORE INFORMATION CLICK LINK BELLOW:
Website: http://bit.ly/simplybrand
Whitepaper: https://simplybrand.io/en/
Telegram: http://bit.ly/sbtelegram
Facebook: http://bit.ly/simplybrandfb
Twitter: http://bit.ly/simplybrandtwitter
Reddit: https://www.reddit.com/user/simplyBrandio
Medium: http://bit.ly/sbmedium
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Author : milyuner86

Telegram : @milyuner861
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1671465
ETH Address: 0xb4b6E91dE32661bd84C89C25D956526abA0Cb782


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