"The luxury market now has its own cryptocurrency! The Bow Token is a unique token that ensures the transparency and traceability of high value products through a secured blockchain. Project supported by Swarovski"
PREAMBLE
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, BOW APP is a Blockchain application that ensures the traceability of luxury products for individuals. The BOW SOFTWARE is a B2B platform for luxury brands specialized in the management of the supply chain. Ultimately, the goal is to ensure the provenance of luxury goods. This function is useful both for the purchase of new products but also for used products. "Cryptocurrencies across the world continue to build and emerge as a new set of currencies and financial tools. The possibilities in accountability and transparency for our own money management is unprecedented. The developments lead to promising future expansions for a global financial market. Many of us are used to seeing traditional currencies be it in our paycheck, our mortgage or utility bills, yet the options that cryptocurrency and tokens bring is utility unseen within our midst. While one may not be able to accurately predict when full general adoption of crypto occurs, it is undeniable that it is in the process and slowly building momentum to freeing us from the constraints of traditional currency and evolving our options for asset management within our daily lives. Bitcoin, Ethereum and Ripple have been some of the largest contenders for market movement and real daily use, but many new tokens and projects emerge every day primed with potential for the future."
With that being said, the Bow Token, supported by the Bow app, and financially supported by the commercialization of the Bowtie Barber will stand out as a key payment method within the largest brands in the world of luxury. But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it. What exactly is BOW TOKEN?
As depicted above and as indicated on the official whitepaper of Bow Token, Bow Token is a unique token that ensures the transparency and traceability of high value products through a secured blockchain. Project supported by Swarovski. Bow Token is a cryptocurrency used to make transactions in the application-a platform for the sale and purchase of luxury goods, providing full transparent information about each position, starting from the date and place of production and ending with the geographical location.
In addition, BOW APP is a Blockchain application that ensures the traceability of luxury products for individuals. The BOW SOFTWARE is a B2B platform for luxury brands specialized in the management of the supply chain. Ultimately, the goal is to ensure the provenance of luxury goods. This function is useful both for the purchase of new products but also for used products.
Each product receives its own identification number, confirming its authenticity, quality, price. The use of blockchain technology in this case will significantly reduce the risk of fraud, reduce the number of paper documents due to digital entries in the distributed register, simplify logistics.
The mobile application helps customers to track the location of the product from anywhere in the world, to find any products of interest by scanning the QR code receives complete and accurate information in a few clicks. To use this service, you will need to purchase a subscription of various levels with their individual benefits.
The team sells tokens and also offers to buy an already existing unique product of a hairdresser from France, the Bowtie Barber that has a patent and is issued in a limited edition and with the collected funds to implement their plans. Bow Token is an ERC 20 format coin and it will allow its holders to receive dividends from the platform's profits.
The project is serious about solving the existing problems in the luxury industry, where a lot of fraudulent transactions take place every year and people lose money in the amount of several billion dollars, as it is necessary to use about 3-4 intermediaries, each of which requires verification and a waste of time. Bow Blockchain will help to avoid them, to buy goods without reference to the terrain, to save time and money.
The Advantages
People of high society will finally be able to acquire a highly effective and reliable tool within which they will be able to verify the authenticity of the object, its price, and even its level of quality. That significantly reduce the time of purchase and other costs that accompany their traditional schemes.
At the same time, the presence of special identification numbers and auxiliary QR-codes will contribute to the reduction of fraudulent activity in the entire luxury and wealth industry. After all, it's no secret that Italy and France are considered the center of all these luxuries and gloss, which annually suffer from those same fakes and the hands of scammers, turning their dirty deeds.
Therefore, the appearance on the market of such a product as the Bow Token will meet the audience with a Bang. After all, the whole essence of Bow Token is aimed at performing its duties as efficiently as possible, as well as to automate all these routine processes to some extent, relying on the most reliable and safe tools of modern technologies. Token Details
IT/Research and Development ( 24%) ($ 1,440,000)
Infrastructure (23%) ($ 1,380,000)
Marketing (14%) ($ 840,000)
Team (12%) ($ 720,000)
Listing Exchange Platforms (8%) ($ 480,000)
Recruitment (6% ) ($ 360,000)
Partnerships (5%) ($ 300,000)
Reserves (4%) ($ 240,000)
Administration and Overhead (2%)
Legal (2%) ($ 120,000) ROADMAP Mar-Dec 2018
Concept development/Enrichment of partnerships/Creation of the Whitepaper/Business plan Jan-Mar 2019
Setting up the team/Action plan Mar-Apr 2019
Launch of the Bounty May-Jun 2019
Pre-ICO Jul-Nov 2019
ICO Jul 2019-Jun 2020
Application development Sep-Oct 2019
Apparition BowToken on the first platforms of exchanges Jan 2020
Appearance of BowCoin on the first exchange platforms Jul 2020
Official launch of the app, The Bowtie Barber is the first to use this Blockchain Sep 2020
3 luxury brands use the blockchain and the BOW'APP app
5 creators use the blockchain and the BOW'APP application
2 eco-friendly textile companies use blockchain and BOW'APP application Sep 2021
5 luxury brands use the blockchain and the BOW'APP app
10 creators use the blockchain and the BOW'APP application
4 eco-friendly textile companies use blockchain and BOW'APP application 2022
7 luxury brands use the blockchain and the BOW'APP app
15 creators use the blockchain and the BOW'APP application
6 eco-friendly textile companies use blockchain and BOW'APP application MEET THE AMAZING TEAM
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
STARTER INFORMATION With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve. While this revolution is gaining wide acceptance, Wetcoin, the first Cryptocurrency that allows you to participate and benefit since its GENESIS. About WetCoin Wetcoin is a decentralized and independent coin in Bitshares, the block
STARTER INFORMATION With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve. While this revolution is gaining wide acceptance, Illuminates, thе fіrѕt social ecosystem thаt wіll аllоw tо mаkе аvаіlаblе аll thе advantages оf blockchain technology, qualitatively changing thе conditions оf interaction bеtwееn inv
PREAMBLE A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve. While this revolution is gaining wide acceptance, StreamPay, a universal payment and tracking method integrated with all forms of pay
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