[ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust - page 24.

Nina_Procurean

newbie

Activity: 56

Merit: 0

Quote from: Tolik.co on May 27, 2018, 12:10:53 PM

Can you describe the advantagies or reasons for investors to purchase the PAN?

Sure! Procurean's potential is really high since the industry we are entering is really big.
Here are three surprising facts:
- International trade represents more than 60% of the global GDP.
- 42 million business across the globe.
- We are tapping into 27 trillion $ revenue per year business.

If you would like to discuss this topic further you can join our Telegram group: https://t.me/procurean/

Nina_Procurean

newbie

Activity: 56

Merit: 0

Quote from: Julia26 on May 27, 2018, 12:19:01 PM

Quote from: AmoreJaz on May 26, 2018, 04:03:34 PM

Quote from: ziga.v on May 26, 2018, 12:50:46 AM

Quote from: AmoreJaz on May 25, 2018, 06:26:36 PM

is your platform free to use for buyers and sellers? also do you have sellers that signed-up on your platform? more sellers means more chance of buyers to use your platform

Hi, the platform is free to use for buyers in general, and sellers pay a very small fee relative to the inquiry worth for each bid they place. Usually, it's the buyers who we pitch to first, and when buyers start to source items with inquiries on the platform, sellers join to place their bids. It's a business opportunity exempt from any marketing or sales costs that they otherwise wouldn't have access to and it doesn't make much economic sense for them not to join. Larger enterprises who decide to use the platform (these are businesses that we sell to door-to-door or through our ERP partners) also bring with them a large pool of their existing vendors that get onboard, and who at first only participate at auctions (inquiries) of the buyer who invited them, but soon reach out to other buyers who source similar items and products. There is a big incentive for buyers to start using Procurean, because automating and optimizing non-optimized procurement can result in lower procurement costs (up to 30% on non-optimized purchases) and lower transaction costs (up to 90% by automating human work).

thanks for the detailed response. building such platform would take time as you need to gain loyal buyers also. but once it takes off and your customers are satisfied they will bring more customers as word of mouth is a good marketing technique

I suppose that since Procurean is based on already operating Gepom, and that they will first launch the platform in their domestic market, it will be easier to bring the initial number of buyers and sellers.

That is correct. Gepom was created and focused on Slovenian market. Existing Gepom users, such as Gorenje, Unior, Slovenijales Hobby, Inpos and Thermana Laško to name a few, will be the first invited to join the platform. Furthermore, registered alpha version users will be invited to join the platform as well.

If you would like to know more about Gepom, you can also check out Gepom's website:
https://www.gepom.com/public/index.jsp

ziga.v

newbie

Activity: 31

Merit: 0

Quote from: FromSmyrna on May 27, 2018, 05:28:11 PM

Have you already raised any money during private distribution stages?

Hi, the private sale is currently on-going, and we've recently successfully completed our seed investment goal.

ziga.v

newbie

Activity: 31

Merit: 0

Quote from: ICOs on May 27, 2018, 06:31:25 PM

What kind of fees can be expected to be applied when the final application is released? I assume all the critical logic is going to be based on smart contracts, correct?

The initiator of the smart instruments (various procurement and inquiry scenarios) has to sign the contract with his private key to authenticate the deployment. To be able to deploy the smart contract, the initiator (buyer in most cases) has to pay the GAS fee. There is no extra fee charged on top of the blockchain fee required by Ethereum.

ziga.v

newbie

Activity: 31

Merit: 0

Quote from: Vladik24 on May 27, 2018, 05:13:33 PM

In case the companies use procurean, they still will need to sign the paper documents, or electronic versions will be just fine?

No, one of the main goals of Procurean network is to remove trade barriers between participating businesses and lower transaction costs to a minimum. Procurean will generate and exchange documents in accordance with GS1 standards between participating parties. Businesses can choose to exchange paper documents additionally, but this won't be needed. Document storage will also be reinforced with blockchain technology.

ICOs

full member

Activity: 137

Merit: 100

What kind of fees can be expected to be applied when the final application is released? I assume all the critical logic is going to be based on smart contracts, correct?

necromastery

sr. member

Activity: 1414

Merit: 254

It remains unclear to me how the PAN token functions as an escrow? because naturally the things like this are very liked by the buyers / sellers due on so many fraudster in this present.

FromSmyrna

full member

Activity: 275

Merit: 100

Have you already raised any money during private distribution stages?

Borya.st

newbie

Activity: 111

Merit: 0

Quote from: Hakamoto on May 26, 2018, 03:05:14 PM

New project with the EXCELLENT concept

I'm sure they will have a great support from the crypto community

Vladik24

member

Activity: 166

Merit: 10

In case the companies use procurean, they still will need to sign the paper documents, or electronic versions will be just fine?

Tim.Bet

member

Activity: 161

Merit: 10

Please, can you make any videos with the team?

Crt_Procurean

newbie

Activity: 70

Merit: 0

Quote from: ?? on ??

IMHO, Procurean can become one of the hottest ICOs in 2018. That's a world wide need for a secure business, and it will be interesting for both investors and future users.

Wau that is a big statement and huge honor really to hear this kind of words. Thank you!

Zinger09

newbie

Activity: 135

Merit: 0

IMHO, Procurean can become one of the hottest ICOs in 2018. That's a world wide need for a secure business, and it will be interesting for both investors and future users.

ziga.v

newbie

Activity: 31

Merit: 0

Quote from: Onechel on May 27, 2018, 01:29:03 PM

Will be there any safety tools so that the companies couldn't lower their competitors rating?

Hi, yes! The business can issue a dispute on the Procurean network if they feel they've been given a wrongful evaluation. The network uses a pre-determined algorithm of trusted partners who then vote with a qualified majority vote to confirm or reject a given evaluation.

FoxTol

newbie

Activity: 124

Merit: 0

Quote from: Crt_Procurean on May 27, 2018, 05:21:28 AM

Quote from: banerro on May 27, 2018, 02:35:49 AM

You are totally doing the right thing! B2B is underestimated in the blockchain, while there is a huge demand on various subjects, including procurement and logistics.

You are correct. Just to give a quick glimpse of how big this industry really is, here are three facts, that are quite schocking:
- International trade represents more than 60% of the global GDP.
- 42 million business across the globe.
- We are tapping into 27 trillion $ revenue per year business.

This might give you a bigger picture of how big this project really is and the potential it has.

Don't forget to join our Telegram group, where we can discuss this further: https://t.me/procurean/

wow, you're likely to have huge demand!

Kostya.bom

newbie

Activity: 122

Merit: 0

What wallet can be used on the token sale?

EMRO CEO

newbie

Activity: 56

Merit: 0

This could be very promising, good luck guys!!!

Pasha.ru

newbie

Activity: 135

Merit: 0

The main PAN utility will be to place the bids on the auctions?

FoxTol

newbie

Activity: 124

Merit: 0

The Escrow will be optional here? And will you facilitate it in any way? Usually that's quite difficult to organize.

Enjoy.87

newbie

Activity: 141

Merit: 0

Quote from: book.me on May 26, 2018, 01:56:58 PM

Sure, most often we tend to spend ridiculous amount of time to create, check, re-create, sign the papers… It's too much of an effort sometimes that you even question the whole idea.

That's just the way to deal in a business world. Sure, with the blockchain it can be a lot easier.

Topic: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust - page 24. (Read 2374 times)