ARAW ICO REVIEW - Decentralized Payment Ecosystem

henry7x (28)in #ico • 6 years ago

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Introduction :

Every year the popularity of ICO increases. A clear evidence of this is the growth in the volume of funds invested by investors. Thus, in 2017, the total amount of fees amounted to $ 5 billion, and this year- $ 14 billion. However, due to the absence of a legal framework, this type of investment is associated with high risks. Often inexperienced investors invest in those projects that then can not even perform a full launch of their product.

The risks of investment in ICO are also associated with the low quality of writing smart contracts for the distribution of tokens between investors. So, due to the poor-quality smart contract on June 17, 2017, the hacker was able to steal about 50 million dollars from the ICO. However, even a well-written and well-thought-out smart contract can not insure the investor from the fact that the development team can issue other tokens or destroy all the coins at any time.

Also, the project is not insured against closure due to high competition or futility. Investors may lose their funds due to conflicts in the development team, unreasonable spending of investments, as well as due to political decisions in the country.

To solve all the above problems and provide investors with a guarantee of return of their funds will allow a new unique project called Araw platform . This platform has been under development for more than 2 years. The Project Mobile Apps have been live in the UK Apple AppStore and Google PlayStore since May 2017. The current platform has been implemented using Virtual Tokens without Blockchain and has been integrated with PayPal and Stripe payment gateways.

Solution :

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One of the main goals of the Araw Platform is to provide unified reward system and marketing solution for e-commerce businesses, which aims to increase the footprint of customers, building meaningful relationships with them, and hence increase the growth of the business. They present the ARAW Token as the solution to unlock the full potential of reward programmes and thus increase value for all participants in this loyalty system.

The Araw Platform offers a practical solution to the problems 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.

Advantages of Project :

Araw Mobile Wallet

ARAW mobile wallet that continues to connect to the Cryptocurrency Exchange maintains the direct exchange rate of the ARAW token and other cryptocurrencies. The integration of Araw Mobile Wallet with Banking and Cryptocurrency Exchange will enable Platform Araw users to be able to Top-up Araw token with one button click, send and receive ARAW token, exchange AREN tokens with other crypto currencies such as ETH and BTC, and exchange ARTA Token with fiat currency and earn cashback.

Easy and simple payment.

Araw Pay will be an open widget that accepts payments in ARAW token and can be used by online merchants just like any other payment gateway provider. ARAW provides unlimited Araw payment solutions in Araw mobile & web wallet, open API platform, and Araw e-commerce market.

Ecommerce Marketplace

Every shop owner is free to execute a single sale or build a company-level e-commerce platform using ARAW Platform. The flexibility offered by the e-commerce market Araw gives users the freedom to choose what they want to do on the platform whether to buy or sell or engage in loyalty programs and get prizes.

Araw Touch & Pay card.

Customers can create micropayments in the coffee shop, supermarket, and online shopping everyday using Araw Touch & Pay card. Araw Touch & Pay card contains radio frequency identification (RFID) to communicate with card reader to enable touchless payment. With the release of Araw Card.

Token and ICO Details :

Token = ARAW
Price Per Token = 0.01 USD
Bonus = Available
MVP/Prototype = Available
Platform = ERC20
Accepting = ETH
Soft Cap = 2,000,000 USD(Reached)
Hard Cap = 25,000,000 USD
Country = UK
Whitelist/KYC = KYC & Whitelist
Restricted Areas = USA,CHINA

The ARAW tokens will be tokens based on the Erc20 Ethereum, which will start selling during the initial coin offering (ICO), which will run from July 1 to August 30. There will be only 3,500,000,000 ARAW tokens on sale, which make up 70% of the total supply.

The minimum fee will be 5,000,000 USD and the maximum will be 25,000,000 USD. Only ETH is accepted as a payment method.

Partners :

ICO rantings :

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Araw highly appreciated by many experts and ICO review sites:

Conclusion :

If you ever miss the chance to take a position nice in Etherum, EOS, Cardano, Golem. Don’t be too troubled, please visit this project. I’m positive you'll not be discomfited.

The project I need to speak regarding is Araw , that meets most of the standards we’ve lined higher than. The project is thus widespread currently thus I'll not introduce a lot of regarding Araw any longer. The project has more experienced an awfully roaring ICO method.