Topic: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust - page 25. (Read 2374 times)
May 27, 2018, 01:29:03 PM
Will be there any safety tools so that the companies couldn't lower their competitors rating?
May 27, 2018, 01:26:27 PM
Even if the companies met and started to work together outside of the Procurean ecosystem, they will be likely to return to it searching for other business partners.
Yes sure. The fees are so small that businesses would have less of the benefits when conducting business off of the platform. As you've said yourself, yes. It makes it much easier for them to search and vet new business partners. How much the fees will be for the companies? Or what the fee will depend on?
May 27, 2018, 01:17:53 PM
I very much want to support the project, that as simplifies and digitizes purchases, providing safe and transparent transactions, success it will be unambiguous!
Thank you for your support! Sign up for our newsletter to stay updated. You can also join our Telegram group if you have any additional questions you want directly address to our team members
May 27, 2018, 12:42:15 PM
I very much want to support the project, that as simplifies and digitizes purchases, providing safe and transparent transactions, success it will be unambiguous!
May 27, 2018, 01:16:43 PM
I see why the SME companies will join the platform! But how about bigger entertprises?
May 27, 2018, 12:19:01 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.
May 27, 2018, 12:13:42 PM
I believe in this team! They are experienced enough to run the project. The concept is though through (just look at the WP) AND they have a working company in the industry, so they know what to do.
Thank you! Sign up for our newsletter to stay updated and see how we will realize our project
May 27, 2018, 12:10:53 PM
Can you describe the advantagies or reasons for investors to purchase the PAN?
May 27, 2018, 12:06:23 PM
I guess there should be some fees for both parties to make it fair.
I think the easiest way for you to the grasp the idea is to check out the video: https://www.youtube.com/watch?v=snQ4B71AnHg&t=25s
To get a clearer picture of how exactly fees are charged for both sides, download our whitepaper.
https://procurean.network/whitepaper
Wow, such an inspiring video! And it sets the tone of the project. Very legit
Thank you!
Join our Telegram group for more content and news: https://t.me/procurean
May 27, 2018, 12:02:28 PM
Well, it's likely to become a world-wide project, since in today's business companies are seriously restricted in the partnership choice due to the lack of trust. You can remove those boundaries!
May 27, 2018, 11:59:43 AM
I guess there should be some fees for both parties to make it fair.
I think the easiest way for you to the grasp the idea is to check out the video: https://www.youtube.com/watch?v=snQ4B71AnHg&t=25s
To get a clearer picture of how exactly fees are charged for both sides, download our whitepaper.
https://procurean.network/whitepaper
Wow, such an inspiring video! And it sets the tone of the project. Very legit
May 27, 2018, 11:54:53 AM
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.
Most certainly agree. But the biggest benefits that Procurean will bring to businesses worldwide are reduced costs, global expansion, and necessary tools to digitalize their business processes. Here are the benefits Procurean will ensure, that will enable businesses to:
1. lower their transaction costs by up to 90%
2. save up to 30% on (currently) non-optimized procurement
3. increase trust and lower business risks associated with business transactions
4. digitize and automate procurement with minimum time waste
5. get open market access and information
6. transfer knowledge and IT system capabilities from large enterprises to SMEs.
That's all very important for the businesses, I can't agree more.
However, what's the main benefit for an investor to support Procurean?
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/
May 27, 2018, 11:51:33 AM
Are you planning any buyback in the future?
That would make your position even stronger if you decide to.
Hi Keyless, we don't currently plan any buybacks, but we might do it if the token's price would have to be corrected post-ICO due to unforeseen causes. We have a very strong business model which is based on our past experience - expected revenue and market penetration. Take a look in our Whitepaper.
May 27, 2018, 11:48:50 AM
How are you going to attract new companies in the network?
May 27, 2018, 11:40:02 AM
By the way, you have a great team 
Thank you! You can say hi in our Telegram channel https://t.me/procurean
May 27, 2018, 11:35:43 AM
Do you paln any other projects in the ecosystem?
Yes, of course. The information gathered and exchanged (transfer prices, item definitions, item availability etc ...) through the Procurean network will be very valuable for a variety of uses also in finance, accounting, logistics, and other sectors. We have a couple of ideas where we want to go from here, and we've already been talking to some businesses who might use the Procurean network API to develop their own services on top.
May 27, 2018, 11:33:32 AM
When do you plan to start the ICO?
Hi! The start date of crowdsale will be on 16.09.2018. Sign up for our newsletter to stay updated!
May 27, 2018, 11:30:59 AM
Quite impressive! Haven't seen a whole platform dedicated to procurement.
May 27, 2018, 11:28:52 AM
I don't quite understand how the tokens will be used to solve the disputes, can ou explain?
Hi Dima, if a business thinks it has been given a wrongful evaluation, it can issue a dispute and provide evidence (the other party is also allowed to provide its arguments
and evidence) and enough tokens to fuel the deployment and reward in a new dispute settlement smart contract. Businesses on the Procurean network who join the resolutioning process are reimbursed with PAN tokens for taking the time to look into the dispute and cast a vote. Page 22 of our Whitepaper explains this more in-depth.
May 27, 2018, 11:28:20 AM
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.
Most certainly agree. But the biggest benefits that Procurean will bring to businesses worldwide are reduced costs, global expansion, and necessary tools to digitalize their business processes. Here are the benefits Procurean will ensure, that will enable businesses to:
1. lower their transaction costs by up to 90%
2. save up to 30% on (currently) non-optimized procurement
3. increase trust and lower business risks associated with business transactions
4. digitize and automate procurement with minimum time waste
5. get open market access and information
6. transfer knowledge and IT system capabilities from large enterprises to SMEs.
That's all very important for the businesses, I can't agree more.
However, what's the main benefit for an investor to support Procurean?
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