E-commerce is a global activity amounting to trillions of dollars’ worth of trade. Middle-class spending is projected to triple by 2030. Despite the rapid growth of E-commerce, it has some problems, such as the lack of transparency and full visibility in the Supply Chain, intermediaries, inefficient tracking of products or high selling fees on E-commerce platforms. But Vanig - an integrated E-commerce platform and Supply Chain ecosystem powered by the blockchain – can become a solution to these problems. It aims to simplify and eliminate intermediaries and manual processes and bring in transparency to the entire Supply Chain process.

The Problems and Challenges that Vanig Addresses

Long supply chains lead to an increase in the number of hands a product changes, which leads to an increase in the final price of the product. Vanig can effectively reduce the number of intermediaries, which will result in the in the product becoming cheaper for you, and profitable for the seller.

If you buy goods from a seller today, the seller has to wait for a long while to receive the payment for the product. In addition, the seller loses money paying fees. On the Vanig platform, your payment is immediately transferred to the seller in the form of VANIG tokens, which allows the seller to send your items faster and also gives a fair profit for both Vanig and the Seller.

Besides, currently, the information on raw materials used in the manufacture of a product is hidden in data silos that are difficult to open without formal investigation or other long tedious means. The Vanig platform can store detailed important information about the raw materials used in the manufacturing of a product, providing complete transparency as to how the product was manufactured.

It is difficult to track the source of all materials used to make a product along with the product since it is fractured and divided into several delivery services. All the transportation records are stored in the blockchain forever, which allows you to track your orders more efficiently, from manufacturing to delivery.

Using the Vanig E-commerce platform, all participants will have benefits from it. The sellers will enjoy the benefit of lesser selling fees compared to other major E-commerce platforms and instant payments. The buyers, in turn, will enjoy the benefits of buying trusted products, paying with different payment methods including VANIG tokens and be rewarded for purchases on the platform through the Vanig Reward Program.

VANIG Tokens

The Vanig token is a major component of the Vanig ecosystem and is designed to facilitate a wide range of operations that make the token an integral part of the ecosystem and the driver for its economy. Vanig tokens will be used for not possible actions at any major e-commerce platform today - real-time money transactions and money transfers. Listing, buying, and doing some activities on the platform the sellers and buyers will be able to earn VANIG tokens.

Token Sale Dates – 4-7 June 2018

Total Amount of Tokens - 300,000,000

Total Amount to be Sold - 180,000,000 or 60% of total issuance

Token Presale - 18,000,000

Token Main Sale - 144,000,000 VANIG Tokens

Soft Cap - 2 Million USD

Hard Cap - 30 Million USD

Accepted Crypto & FIAT Currencies - ETH, BTC, LTC, USD

Minimum Purchase Limit - 0.1 ETH

Conclusion

Vanig is an integrated e-commerce and supply chain solution on blockchain which changes the world of supply chains and e-commerce by simplifying the processes, creating transparency, reducing costs and eliminating intermediaries, and above all giving customers a very trustworthy shopping experience. Vanig’s E-commerce platform is safe, secure, easy to use, benefits both buyer and seller and allows cryptocurrency payments.

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