Best ICO 2018: Vanig.io Review

OVERVIEW

E-commerce is a global activity amounting to trillions of dollars’ worth of trade. Middle class spending will triple by 2030; the sharing economy could top $300 billion by 2025; more than 1.4 billion people purchased a product or service online in 2017; the gross total value of B2B e-commerce topped $20 trillion the same year. We are addressing a global market with potential outreach to emerging and established economies.

Despite the remarkable growth, the global e-commerce industry is still typified by two large and interrelated problems - supply chain inefficiencies and e-commerce shortcomings.

Supply chains inefficiencies

Lack of transparent and fully visible supply chains
Intermediation (unwanted necessities of supply chains because of the intermediaries’ fees)
Static or non-existent inventory management
Inefficient tracking of product or services

E-commerce shortcomings:

Lack of full visibility for an end-to-end customer journey
Replenish inventory challenges
Operating in a global ecosystem (different import and export tariffs, custom regulatory scrutiny, trade agreements,...)
Authenticity and reviews
=> Vanig was founded with the sole mission of pushing the boundaries in innovation through the integration of supply chain and e-commerce by leveraging blockchain technology. They aim to solve these problems with Vanig

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They believe that the problems outlined above are addressed using the latest in Blockchain technology and the Vanig Solution.

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WHAT IS VANIG?

Vanig is an integrated e-commerce and supply chain solution powered by Blockchain.

Vanig simplifies and eliminates intermediaries and manual processes and brings in transparency to the entire Supply Chain process.

Vanig’s E-commerce platform is safe, secure, easy to use, benefits both buyer and seller and allows cryptocurrency payments.

VANIG SOLUTIONS

An e-commerce platform built entirely around the blockchain. Their platform uses Hyperledger Sawtooth to build an e-commerce ecosystem that tackles key issues in e-commerce today.

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KEY ADVANTAGES OF THE VANIG ECOSYSTEM

Competitive Pricing
Authentic Reviews
Shorter recall process
Security
Real-time tracking
Transparency
Demand / Supply equilibrium
Easy Product Listings
Multi-party contracts
Provenance
Real time transactions

VANIG E-COMMERCE FEATURES COMPARISON
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Vanig is uniquely positioned to offer benefits to buyers and sellers due to our unique model which enhances the shopping experience for everyone involved.
• As a platform with a low entry barrier, we can appeal to small sellers who sell on stores such as Shopify, as we are easier to sign up with.
• For stores which operate on a large scale on platforms like Amazon and Taobao, our platform offers them an opportunity to earn more as our fees are lower than major e-commerce platforms due to our use of the Blockchain
• Our blockchain technology is easier to use, which makes onboarding simpler and faster compared to other Blockchain e-commerce projects such as Storiqa and OpenBazaar

VANIG TOKENS

Vanig tokens will be used to make real-time money transactions and money transfers possible, something which is not possible today at any major e-commerce player. Sellers and buyers will also be able to earn VANIG tokens for listing, buying, performing various activities on the platform. People can purchase VANIG tokens during the Pre-sale or main token sale and help create the e-commerce platform of the future.

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