Seal Network ICO

If you are deceived into buying a pair of sneakers or a handbag that is not genuine, you will not lose much more than a couple hundred dollars. But imagine purchasing jewelry or an automobile that turns out to be fake. Or even worse - getting counterfeit medicine that will potentially cause great harm to your health. All these scenarios are frightening and outrageous, but there is profit to be had in mimicking brands with cheaper materials and craftsmanship, so it keeps happening and shows no signs of stopping.

An interesting solution is offered by Seal, a group of developers and creators who found a way to implement blockchain into the verification process. The only reasonable method of checking the authenticity of a product is online, by typing in a given code on a website, and finding the valid product entry in the database. That works only until counterfeiters get their hands on that code and then the game of cat and mouse starts all over again. That's why Seal uses blockchain and dynamic chips to ensure that data is not duplicable. If the chip and the record on the blockchain are out of sync, that means the chip has been tampered with.

To further ease the life of a consumer, Seal created an ecosystem accessed through a mobile app that allows to verify authenticity, register ownership, transfer ownership and are planning to implement theft-prevention, analytic information for brand owners and other useful features.

By inserting their chips into products, Seal is planning to eliminate first market counterfeiting as well as provide to the sellers information like: identity theft areas, demographic and behavioral variables, measure retention and brand engagement, detect pockets and areas with more fans or collectors. All to better understand brand identity and help companies see what is happening to their products after they are sold.

A working Seal app is out on both iOS and Android. Seal is already cooperating with the world leaders of NFC (near-field communication) chips production and distribution. The newest prototype of the chip they are working on is aimed at the price of approximately $0,25 per chip.

Anyone with a smartphone may verify a product

In the past, one of the main problems will be how difficult it is for the average person to identify a counterfeit product. Seal will destroy this barrier by enabling verification by just scanning an NFC chip using any smartphone.

Customs will be able to use any phone to verify products passing through borders. There will be no longer an excuse in allowing counterfeits to go cross-continental.

Incidentally, the Seal team will be meeting with Dutch Customs office this week.

There will be a better world for artists, scientists, and programmers; while for others, the chance of having a world is simply enough when contaminated baby milk is no longer on the shelves.

Team Overview - Members & Advisors :

1.Bart Verschoor, Co-founder, Chief Executive Officer
2.Joris Verschoor, Co-founder, Chief operating & technical officer
3.Michael de Blok, VP of Seal USA
4.Yuri Scholte, Business development manager
5.Alexandra Moraga Pizarro, Blockchain / Quantum security engineer
6.Adil Haritah, Blockchain engineer
7.Kian Ghiri, Marketing strategist / Content manager
8.Desley Mooij, Marketing manager / Business analyst
9.Joël Happé, Blockchain specialist
10.Willem Nauta, Social media platform manager

TOKEN SALES

Token Cap

A maximum of 1.2 b tokens will be printed and will never exceed this amount. No more than 492 million tokens will be allocated for token sales rounds. Discounts and bonuses depend on strategic partnerships and transaction sizes.

Emission Token

KYC and AML required before buying token. Buyers must provide their details and addresses to be used to send Ether from. If the tokens in the presale round remain unsold, tokens will be offered on a large scale. The token offered remains unsold after the primary sale will be distributed proportionally to ALL the sales token participants.
Example: Buyers bought 3.69m Seal tokens during main sales, 123m (25%) tokens remain unsold. Buyer receives 1.23m [(3.69 / (492-123)) x 123] additional tokens for a total of 4.92m tokens.

TOKEN ALLOCATION:

41% of Token Maximum sales of 492 million tokens will be distributed during token sales. Unsold token will be distributed proportionally to ALL Private Buyers, Presale, and Primary Buyers.
13% Team & Advisor
The 156m tokens will be used for rewards to teams, advisors, bounty, and future staff members. This pool is also used to attract senior executives. Token will be auctioned every 6 months for a period of 3 years.
7% The effect of 84m token will be used to lobby, influence, and other pr. Token will be auctioned every 6 months for a period of 3 years
22% Future Operations
264 million tokens will be held by Seal. Tokens will be used for strategic relationships, business acquisitions, institutional investors, other operations, architecture, implementation of phase 2 & phase 3 master plans, and if we need extra cash flow. Token vest every year for 4 years.
17% Future R & D
Token 204m will be held by Seal. Tokens will be used for future R & D such as dedicated chip development, inlay integration, development of proprietary blockchain, bApp functionality, service extensions, analytics platforms, other R & D, and if we require extra cash flow. Token vest every year for 4 years.

Seal intend to utilize the funds generated in the token sale as follows:

The following projection shows the scope and scale of the organization that is intended for each milestone. This may change depending on internal and environmental factors. Our marketing strategy is to target boutique designers, art, and limited edition products. Once models and demand have been proven we can scale business and target a wider range of products.

Soft hat is achieved

The seal will use the existing chip and develop the operation organically. Target prospects will only include small brands, boutique designers, and collective art.

More Details About Seal :

Official Website: https://seal.network
Whitepaper: https://seal.network/seal-whitepaper.pdf
ANN Thread: http://bitcointalk.org/index.php?topic=2929809.0
Twitter: https://twitter.com/r/seal_network
Telegram: https://t.me/sealnetwork
Medium: https://medium.com/sealnetwork

Autor: https://bitcointalk.org/index.php?action=profile;u=1929981