BOW TOKEN BLOCKCHAIN.
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, our 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.
We are now seeing significant growth in the second-hand market. The luxury market is also affected by this movement, especially through specialized applications such as VideDressing, Vinted, etc. In conjunction with this trend, the counterfeit market is drastically developing as well. This has a direct impact on the economy of the luxury sector. In France, seizures of counterfeits have by a multiple of 45 in less than 20 years, now amounting to 8.9 million seized products. This market today represents a shortfall of nearly 3 billion euros for France about luxury goods.
BOW responds perfectly to this need, thanks to the development of a Blockchain entirely dedicated to the traceability of luxury products. Consumers will have the opportunity to check the provenance of any article through the Blockchain technology, which is impervious to any modification. Companies will be able to prove the origin of their products by reassuring the consumer and taking advantage of the integrated platform.
With the development of the app and the software, the Bow Token will be launched. The cryptocurrency created by Bowtie Barber will allow consumers to purchase luxury goods directly from the app and get access to various services. Supported by the SWAROVSKI House, we created the Bowtie Barber, a bow tie with the specialty of having the shape of a mustache. Both chic and offbeat, the Bowtie Barber will be in tune with today's fashion and provide the working capital needed for the implementation of the whole blockchain project.
The luxury market is constantly evolving, and constantly looking for innovations to expand its product line. 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.
An Initial Coin Offering was defined as the most relevant way to achieve our goals in terms of growth for this project. In addition to investing in a project that represents a significant market, the investor will have the benefit of holding tokens that will give all owners a return on investment of up to 10% of the profits generated on the sale of Bowtie Barber.
The funds raised will allow the development of the BOW APP, the development of the Bowtie Barber manufacturing workshop as well as the establishment of a first collection.
The ICO will therefore jointly enable us to develop the Bow application, BowToken, and Bowtie Barber, each of these products working in perfect synergy.
Development of the extravagance division
The extravagance exchange has developed exponentially since 2017. In 2018, the extravagance products showcase developed by over 8%. China is behind this development. Regardless of whether Europeans are the greatest shoppers of extravagance embellishments, China is coming in bit by bit and should achieve a dimension tantamount to Europe and America by 2020. In Eastern Europe, extravagance merchandise clients are evaluated at 80 million individuals (24% of the market) behind 90 million Americans (27%) and in front of 35 million Japanese (10%), just as around 20 million clients from Eastern Europe (7%) and about as quite a bit of South Americans (6%) and 10 million Center Easters (3%).
The BOW Application
Today, there are numerous applications particularly in the agri-nourishment area to check the QR code of an item and distinguish related data. This helps the shopper in settling on an obtaining choice. This data can be: the date of generation, the spot of creation, the way crossed from the nation of creation to the spot of offer, the pesticides utilized, the price tag to the maker. This dataset will appoint a score of one hundred on the nature of the item assembling an entire scope of criteria.They are accordingly persuaded that it is important to build up an application for people, essentially by filtering the QR code of an article from a cell phone, to approach the dissemination circuit of an item and its various subtleties.
These subtleties run from the spot of generation, the way went between the maker and the wholesaler, the materials utilized for the creation, the declaration of credibility of the item, and whatever other data that the organization might want to impart to the client. A worldwide score will be given to the filtered item. This score will be set up from a board of criteria just as an identification will be shown to affirm that the item is unique and not falsified. This will enable the purchaser to realize precisely under what conditions the article was created. It will likewise be conceivable to filter the QR code of a second-hand item to check its legitimacy. (If it has been enrolled on the BOW blockchain.
Token Transmitter Token
Token transmitters can exploit every one of the advancements and administrations offered by BowToken just as the Bow application. The highlights offered by this application will take care of the issues that extravagance brands are confronting today, particularly forging and the conditions under which items are made. This application will make clients progressively mindful of their purchasing conduct while adding to the help of this new rising economy spoken to by cryptocurrencies.The reserves raised amid our Underlying Coin Offering will help build up the Bow application,actualize the BowToken, advance our associations, procure the gear and crude materials fundamental for the creation of the Tie Hair stylist just as permit the opening of the e-shop and business premises so as to assert the solidness of the organization. The WIPO patent will ensure the undertaking.
Tokens Holders
As talked about above numerous advantages will be accessible to BowToken holders. To begin with, in spite of the fact that the Token is principally an Utility Token, BowToken holders will have an arrival on venture of up to 10% of the profits created by the clearance of Tie Hair stylist. At long last, as an extra motivating force, BOW Token proprietors will get intermittent advancements, limits, special access to new items/administrations and the chance to put resources into future ICO/Token deals that BOW will help dispatch.
TOKEN DISTRIBUTION
1. Pre-ICO (12%) (3,000,000 BOW)
2. ICO (60%) (15,000,000 BOW)
3. Team (12%) (3,000,000 BOW)
4. Partnerships (5%) (1,250,000 BOW)
5. Reserves (4%) (1.000.000 BOW)
6. Advisors (3%) (750.000 BOW)
7. Bounty (2%) (500.000 BOW)
8. Airdrop (2%) (500.000 BOW)
DISTRIBUTION OF FUNDS RAISED
1. IT/Research and Development ( 24%) ($ 1,440,000)
2. Infrastructure (23%) ($ 1,380,000)
3. Marketing (14%) ($ 840,000)
4. Team (12%) ($ 720,000)
5. Listing Exchange Platforms (8%) ($ 480,000)
6. Recruitment (6% ) ($ 360,000)
7. Partnerships (5%) ($ 300,000)
8. Reserves (4%) ($ 240,000)
9. Administration and Overhead (2%)
10. Legal (2%) ($ 120,000)
ROADMAP
03/2019 - 04/2019: BOUNTY
05/2019 - 06/2019: PRE-ICO
07/2019 - 11/2019: ICO
07/2019: START DEVELOPPING THE BOW-APP
07/2020: LAUNCH OF THE BOW-APP
2022: 7 LUXURY BRANDS USE THE BOW-APP
TEAM
Partners
For More Information Click Link Bellow:
- Website: http://bow-coin.io/eng.html
- Whitepaper: http://bow-coin.io/documents/English/white-paper-bow-coin.pdf
- ANN Thread: https://bitcointalk.org/index.php?topic=5137544.
- Telegram: https://t.me/BowCoin
- Facebook: https://www.facebook.com/Bowtie-Barber-346911915920079
- Twitter: https://twitter.com/bowtie_barber
AUTHOR:
BITCOINTALK ID NAME: DEWI08
Telegram: @ dhewio8
Profile link: https://bitcointalk.org/index.php?action=profile;u=894088
WALLET ADDRESS: 0x53D1Ea8619E638e286f914987D107d570fDD686B