🚀🛒[ANN] Vanig.io The Future of Shopping - Integrated E-Commerce & Supply Chain - page 145.

Sozialtourist

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Quote from: Ace44 on May 13, 2018, 07:39:07 AM

Quote from: Abah007 on May 13, 2018, 06:16:46 AM

There are other niche e-commerce projects that use blockchain technology. Vanig is the first e-commerce platform with integrated supply chain integration that's powered by blockchain.

Yes but this project is actually doing something that others are not doing, which actually sets them apart, for example, the use of IoT, which is like the new baby of technology, the functionalities of wish is yet to be tapped and Vanig will implement this across everything they intend doing, this gives them that edge in terms of monitoring products, transparency and of course fast delivery service with minimal cost

It's almost never the case that a project has no competitors. If it's an important field, competition will come up. That's normal. So even if there are other blockchain e-commerce project doesn't mean Vanig can be no success. It just needs something special. The IoT sensors you mentioned to track the packet or to control, for example, the temperature is exactly something that differs Vanig from other projects.

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Quote from: Abah007 on May 13, 2018, 06:16:46 AM

There are other niche e-commerce projects that use blockchain technology. Vanig is the first e-commerce platform with integrated supply chain integration that's powered by blockchain.

Yes but this project is actually doing something that others are not doing, which actually sets them apart, for example, the use of IoT, which is like the new baby of technology, the functionalities of wish is yet to be tapped and Vanig will implement this across everything they intend doing, this gives them that edge in terms of monitoring products, transparency and of course fast delivery service with minimal cost

phantam

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Quote from: jamzzz123 on May 13, 2018, 06:47:38 AM

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Quote from: jamzzz123 on May 13, 2018, 05:05:55 AM

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Quote from: jamzzz123 on May 12, 2018, 06:01:17 AM

Quote from: Abah007 on May 12, 2018, 05:08:45 AM

Vanig is focusing on accepting only VANIG tokens and fiat as part of first product roll out. BTC and other top crypto's will be planned for later roll outs.

Im glad to hear it, I was a bit concerned hearing just VANIG tokens accepted, but I did think they would roll it out shortly. I guess it's good to test the product before it even gets rolled out to prevent bugs

Accepting fiat and their own is a a good way to both give vanig an intrinsic value against fiat but also allows them to focus down their work before they go expanding to who knows how many other currencies that would require wallets running and integration works.

Vanig and FIAT both enough I think for initial stage. Most of the transaction will be done using Vanig tokens only I think. Rewards and cashback will be in Vanig tokens.

Is there any discount if you pay with VANIG Tokens instead of Fiat? because then a lot of people would want to buy their product with their Tokens.

That's a good question. Finally, you get paid the reward in tokens. I think it would be a good idea if you only get it when you pay in tokens. That would be good for the price of the token and therefore good for us investors

You will have a lot of advantages if you pay with Vanig Token. On page 23 of the whitepaper you have table, there is a comparison between other companies and Vanig platform. The fees on Vanig platform are splitted in fiat and Vanig Token payment.

This would explain why its alot more benefical paying with Vanig token, thanks for the spot whitepaper link is here: https://vanig.io/assets/pdfs/vanig-whitepaper-v-2.7.pdf

Impressive 8-11% total average overall fees in comparion to Amazon at 17%-20%

That is a good way to utilize the token and provide incentive to using the token. I think if they adopter a mechanism that automatically or easily converts other popular coins to VANIG that would be really great for the project.

That would be great, we would see a natural growth in a snowball effect; whereby everyone is adopting the method due to the amount it can save on overall fees providing a lower cost to the end user

I never really realized amazon's internal fees were that high, i think its mostly due to they beat up the manufacturers to give low costs so they seem low cost to the buyers, a smaller fee structure would release some of the pressure from the manufacturer and vendor side, and maintain good charges for the buyer side of the transaction.

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