



Greetings Community, In this post I would like to introduce about Seal project, and for more details let's just go to the following discussion:





WHAT IS SEAL



Seals are the best way for anyone to check whether a product is genuine or fake. Seals incorporate NFC chips, embedded into physical products, Seal applications, and Seal Networks to provide a fast, simple, and secure way to provide authenticity and other services. By facilitating a secure version of physical products, Seals enable product-specific services to operate such as ownership transfer, theft prevention, insurance, but also brand activation and product analysis campaigns.





Seals allow brands to earn money every time their products change owners. For the first time in history, brands can make money from goods sold through scrap trade, while protecting their markets from counterfeiters. Using the power of blockchain, authenticity can be examined and ownership can be transferred several decades from now, even if the product itself is stopped, as long as people contribute to the decentralized Seal network. Seals want to restore confidence to consumers and enable brands to interact with their most widely-delivered customers in the most direct way that the internet has ever seen. Together, we build a better world where consumers value the creative work of the maker and stop feeding the false economy.











VISION

Infrastructure of Authenticity Seal’s investments in the platform will lay the groundwork for the world’s infrastructure of authenticity. This infrastructure is the basis upon which a service ecosystem can be built upon. Perhaps most notably, it would provide a way for brands to gather data and perform geographic and time series analysis on product streams. This is a leap forward in the maturity of insight-driven organizations. Other services are not limited to the previously highlighted services. In the future, Seal may further expand its service offering, for example with special customs and law enforcement software.





Master plan - Phase 2

Convergence of E-Commerce & Retail Seal has both E-Commerce and Retail applications. In retail, Seal can become a no-checkout method to pay for genuine products. Simply scan, pay and walk away. In E-Commerce, verifying and claiming the ownership of products could occur even before the product is shipped, or listed on sites like eBay or Amazon. Should the seller fail to send the product, the new owner can lock the product by marking it as lost or stolen.





Master plan - Phase 3

Currency of Authenticity Seal establishes itself as the currency of authenticity. The currency is optimized for transacting consumer goods. Using Seal to pay for products while directly claiming ownership provides both buyer and seller a guaranteed exchange of goods. With regular FIAT transactions, there is no way to tell with certainty whether (a) the product is genuine and (b) physical money / banknotes are not counterfeited.



SEAL APP



Initial Product Seal has developed a working version of the product. The Seal app is compatible with Android and iOS (iPhone 7 and up). Current features include authenticity checks, ownership transfers and inventory management. The product is scheduled to be downloadable in the Google Play Store and Apple App Store later this year.

Current implemented features

Android and iOS compatible

Authenticity checks

Ownership transfers

Inventory management





TOKEN SALE

Token Cap A maximum of 1.2b tokens will be minted and will never exceed this amount. No more than 492m tokens will be allocated for the token sale rounds. Discounts and bonuses depend on strategic partnerships and deal size.

Token Emission



KYC and AML is required prior to buying tokens. Buyers need to provide their details and the address that will be used to send Ether from. If tokens in the presale round remain unsold, they will be offered in the mainsale. Offered tokens that remain unsold after the main sale will be distributed proportionately to ALL token sale participants. Example: a Buyer purchases 3.69m Seal tokens during mainsale, 123m (25%) of tokens remain unsold. Buyer receives 1.23m [ (3.69 / (492-123)) x 123 ] additional tokens for a total of 4.92m tokens.

Further information:



Actual prices will be in Ether and will be available on the website, along with the bonus structure

Prices will be in Ether instead of dollars to reduce exposure to ETH-USD volatility.





TOKEN ALLOCATION

We plan to allocate the tokens as shown in the following table









USE OF PROCEEDS

We plan to use the funds generated in the token sale as follows:

TECHNOLOGY ROADMAP

01. SEAL APP The basic application is created with NFC scanning. The authenticity check is implemented.

02. BACKEND The basic backend portal is created which allows brands to configure products for their production lines.

03. CROWDSALE Q 1 2018 Token sale and distribution.

04. PRODUCT DEPLOYMENT Q 3 2018 The first commercial products are deployed on the Seal Network.

05. PRODUCT DEVELOPMENT Q 4 2018 The Seal App and backend will be further developed.

06. EXTRA SERVICES Q 1 2019 The services portfolio is extended with other and brand-specific services.

07. ANALYTICS Q 3 2019 An analytics dashboard made for executives who wish to better understand their customers’ behavior.

08.BLOCKCHAIN R&D Q 1 2020 A Seal blockchain is created and tokens are migrated from Ethereum to the Seal blockchain.

09. CHIP DESIGN R&D Q 1 2021 A more advanced proprietary NFC is developed together with a development partner.





For more information and join the current Seal social media, please follow the following links:

WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||

The bitcointalk name: Aray80