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The simplyBrand platform for authenticating existing supply chains using the ever-growing blockchain technology. By integrating crypto tags and combinations using mobile applications with blockchain technology. This makes brands, consumers and retailers different, giving them the ability to fight against counterfeit products that
SimplyBrand is a Blockchain-based distributed authorization service for detecting counterfeit and infringing intellectual property rights created by the Ethereum platform. Blockchain technology has been implemented using open source licenses. This project has its own token, which is the only payment method within its framework.
ICO project goal simplyBrand
simplyBrand Because Every Purchase Matters
In 2013, the Organization for Economic Co-operation and Development (OECD) also carried out a study. They estimate the value of counterfeit goods imported worldwide at about $ 461 billion. While a study commissioned by Price Waterhouse Coopers, PwC, in 2013, the dummy market generated about $ 1.9 billion in revenue.
While the counterfeit drug market is estimated at $ 188 billion, while Electronics and Fashion is at $ 180 billion, it is certainly a global problem that needs to be addressed soon. With the number of counterfeit goods going on every year and the lack of adequate resources that can counteract these illegal activities, consumers are the most affected.
SBA is a functional token designed specifically for use on the Simplybrand.io platform. In other words, it allows participants on the Simplybrand.io platform to receive and send off message alerts.
Symbol : SBA
Token Type : ERC20
Token Price : $0.05
Softcap : $2 million
Hardcap : $20 million