ARAW ICO PROJECT





ARAW , at its core, is a decentralized payment ecosystem, but it also has a number of innovative functions, not found anywhere else. We will look into the Unified Reward System and ARAW Touch and Pay card in more detail, as in my opinion they are the main attraction, but features like peer-to-peer transfer, ARAW mobile wallet and integrated cryptocurrency exchange are also worth mentioning.

The end-goal of the ARAW token is to become everyone's routine payment method for online and brick and mortar store purchases, eliminate the reluctance that people have towards cryptocurrency. The token has been built using ERC20 standards to ensure utmost security and transparency of the payments.



Traditionally loyalty systems are owned by a specific retailer and thus have very limited value to the customer. The Unified Reward System will connect all merchants on the platform and provide the ARAW token as a means to reward their clients. This way different brands and services can interact and benefit from each other, while creating a favorable environment for their customers.
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. We aim to provide seamless Araw pay solutions in Araw mobile & web wallet, open API platform, and Araw e-commerce marketplace.
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On-chain vs Off-chain Transactions: The Araw platform acts as a mediator between the raiden network to handle off-chain transactions & the crypto exchanges to manage on-chain transactions. The liquidity smart contract will be responsible for handling off-chain transactions in decentralized way.
E-commerce Marketplace
We aim to meet the need of every consumer, every merchant and every business no matter their location through our distributed ledger system. Our e-commerce market place gives you instant access to the global audience, removes transaction overhead (management and fees) and ensures they are secure and frictionless through our Ethereum blockchain based ERC20 tokens and smart contract implementation.
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. With the release of Araw Card, we are expecting to raise adoption of the Araw platform by regular customers.
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.
Our Open API ensures that merchants that are not ARAW platform customers will have access to and participate in different transactions on ARAW token platform. You can make payments, exchange and purchase ARAW tokens using our web wallets or use the ARAW token mobile app.
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
The ARAW mobile wallet continuously connected to Cryptocurrency Exchanges maintains the live exchange rate of the ARAW token and other cryptocurrencies.
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.
Unified Reward System

With the various offerings of the ARAW Platform, we are set to unseal the current limitations found in traditional customer loyalty programmes and hasten the development of a more cooperative, unified, and competitive customer reward industry. We aim to replace the traditional restrictive reward points system used by typical commerce companies with a blockchain based dynamic currency that increases participation and interaction between customers and services. We have the unprecedented opportunity to unlock the full potential of rewards programmes by combining all sales entities — pooling together a limitless customer base and rewards on offer.
  • Consumer makes a purchase from Merchant-1 using fiat currency
  • Transactions registered into Araw Platform
  • Consumer rewarded an ARAW tokens
  • Consumer redeems these ARAW tokens to purchase items from Merchant-2
  • Transactions registered into Araw Platform
ARAW Token ICO Details

ARAW tokens will be ERC20 Ethereum-based tokens that will start to be sold during the Initial Coin Offering (ICO), which will last from July 1 to August 30. The sale will have a total of 3,500,000,000 ARAW tokens, which are 70% of the total supply.

To participate, you have to be whitelisted after Know Your Customer produces that you can make until June 30. The soft cap will be 5,000,000 USD and the hard cap will be 25,000,000 USD. Only ETH will be accepted as a method of payment for the tokens.

ICO

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 : 5,000,000 USD

Hard cap : 25,000,000 USD

Accepts : ETH

Contact us for pre-sale : tokensale@arawtoken.io

Pre – Sale

Token Sale: 1 JULY – 30 AUG

Public Sale

Augut 1th, 2018


Author: Mamitu5
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=992133
ETH address: 0xF3E6AA4feEca64549A45e8C50AcaCDE7A6a1d0cb

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