Internet and e-commerce has been a breakthrough to the whole wide world. The internet has been able to provide a platform (e-commerce). Where it's users can exchange money for their needs.
Anyone can remotely purchase goods via their internet enabled device. And they get it shipped to their doorstep. Amazing yeah ?

There are millions of e-commerce stores on the internet. And this has given buyers unlimited options to shop for their favorite products.

You might want to ask. Are there any disadvantage shopping online?

Sure there is. One of the big problems faced buy these buyers is the availability of fake products on the stores. Purchasing of counterfeit products can be dangerous if it's consumable. And also waste of money and time if it's wearable.

Counterfeiting is a huge problem to e-commerce ecosystem that is yet to be solved.

This question will lead to the introduction of SimplyBrand. First ever counterfeit solution on the Blockchain.

Since there hasn't been any proven solution to fight fake products. SimplyBrand will be the first platform built of the blockchain with a working model.

simplyBrand is offering e-commerce verification services to reputed clients around the world and has now entered a new era with its blockchain-powered solutions to offer a revolutionary platform for helping tackle the menace of counterfeiting from the growing world of e-commerce. source

SimplyBrand will be able to weed out fake products with the help of AI, blockchain and crowdsourced participants.

SimplyBrand is open to work with all internet users. Reputable brands can seek for help from simplybrad to detect fake product sellers on their platform. SimplyBrand also needs the help of crowdsourced participants who can detect fake products or retailers profiles and directly report them.

As a reputed brand and product lovers, there three tools on simplybrand's platform that will enable users to calculate the amount of losses incurred by brands, know the if a product is fake or not and a Dapp to quickly report a product.

The Impact Calculator is an intuitive platform to know how much impact counterfeiting has on our most loved brands. It shows the losses incurred by these brands due to the menace that is global counterfeiting. source

The impact calculator is an interface that will display the expected loss revenue due to counterfeit products sold. This will only be possible with the help of data collected from the MVP Dapp.

This is an interface on simplybrand's platform that gives users the opportunity to paste product URL and then search to know if it's fake or not.

The MVP is an app for simplybrand platform. Specifically developed for crowdsourced participants who will be given options to decide if a product is fake or real. Crowdsourced participants get paid with tokens for their efforts.

SBA is the token used for every activity on the platform. Participants who verify products on the MVP Dapp get rewarded with Sba which can be used to purchase brand privileged items or sold on exchange. Brands can also buy tokens for brand-protection services on simplyBrand platform.

SBA token presale started on the 10th January 2019. There are four stages as an opportunity given to investors and users to earn during the presale period.

Since the presale started, investors who participated had been awarded with the different bonuses attached to every accomplished stage.

current stage

A total of 11,848.07 ETH has been raised. And every qualified investors now has 16.4% bonus.
A total of 651.93 ETH is needed to enter the next phase where all investors will get 20.3% bonus.

There are 14stages and in the first 11 stages, The earliest investors will share a bonus pool and receive bonuses depending on the amount invested.

The more your referred friends invest, the higher the chances of receiving a large bonus. The Top 100 participants that have accumulated the most investment amount from their referrals will be eligible to split a pool of SBA according to their referral contribution.

Get 1000 SBA for each of your referral.

This is not a piece of financial advice. Please do your own research before investing in cryptocurrencies or any digital asset. This blog post is done for entertainment and knowledge purpose only.