What about Bow Token ?
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.
The Bow ‘Software
Bow is primarily targeting luxury companies. But also, any company aiming transparency for
their customers and employees...
The software will create a real added value for brands and manufacturers. Our blockchain will
be a complete solution. Bow already have several brands planning to use the Bow Software: Bowtie-Barber, “57 Facettes” (luxury jewelry creator) and Swarovski crystals house.An eco-friendly textile business is about to sign a contract with Bow. We are also negotiating with a company that provides chips. We will then combine those two products to the blockchain and therefore create a traceable textile. There is a strong demand for alternative solutions regarding traceability. Brands such as Chanel, Burberry or Diesel are outsourcing the product’s identification but do not yet have a secure and reliable solution for their customers. Even LVMH is creating its own blockchain to solve all these problems. Therefore we can note that there is a strong demand for a reliable and tamper-proof solution.
How will BOW'SOFTWARE work?
BowSoftware is a platform dedicated to professionals where they can manage in real time and
· Inventory Management: With BOW Inventory, you'll have real-time visibility of stock levels
and order status.
· Accounting: You will also save time and manpower by fully integrating your accounting
process across all sectors.
· Purchase: The app will help you make the right buying decisions so you can stay competitive
· B2B Portal: The software will connect the points between each sales channel, system and
· E-commerce: It will also connect the points between each sales channel, system and process.
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.
Token sale Detail
BOWTIE, through BOWTIE TOKEN (BOW), is building a financial utility specialized in the
traceability of luxury products, which will allow all Token users and holders to benefit from
products that meet their expectations while achieving a more considerable value. Indeed, 10%
of the profits made each year will be returned to the holders of BOW Tokens in the form of a
dividend. Please note that Tokens will not give any voting rights to any entity attached to
BOWTIE. These will be issued and distributed by BOWTIE or one of these designated
distributors. You can see BOW as the "fuel" that will power all the services provided by the
THE BLOCKCHAIN AT THE SERVICE OF THE CLIENT
The Bow Blockchain offers a promising cryptocurrency to realize secured and anonymous transactions through data encryption.
TRACEABILITY AND TRANSPARENCY
Our token gives you access to digitalized services of traceability. The entire supply chain of your purchases will be available for consultation on a dedicated mobile app.
SECURITY FOR THE BUYER
The brands of the luxury market will be able to use the blockchain to certify the purchases of their clients and offer them personalized services.
INDUSTRIAL APPLICATIONS TO THE BLOCKCHAIN
DIGITALIZED SUPPLY CHAIN
Thanks to technologies such as RFID and NFC, the blockchain will simplify the import and export processes of the goods.
The goods submitted to patents will obtain a conformity certificate through the blockchain. A unique ID for each luxury product will ensure its tractability.
A DECENTRALIZED TECHNOLOGY
The internet of objects will allow us to automatize the management of the goods through an autonomous algorithm and a decentralized digital infrastructure.
Pre-ICO (12%) (3,000,000 BOW)
● ICO (60%) (15,000,000 BOW)
● Team (12%) (3,000,000 BOW)
● Partnerships (5%) (1,250,000 BOW)
● Reserves (4%) (1.000.000 BOW)
● Advisors (3%) (750.000 BOW)
● Bounty (2%) (500.000 BOW)
● Airdrop (2%) (500.000 BOW)
Distribution of funds raised
IT/Research and Development ( 24%) ($ 1,440,000)
● Infrastructure (23%) ($ 1,380,000)
● Marketing (14%) ($ 840,000)
● Team (12%) ($ 720,000)
● Listing Exchange Platforms (8%) ($ 480,000)
● Recruitment (6% ) ($ 360,000)
● Partnerships (5%) ($ 300,000)
● Reserves (4%) ($ 240,000)
● Administration and Overhead (2%)
● Legal (2%) ($ 120,000)
Bitcointalk username: gaitonde
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2344636
Eth Address: 0x3685ff77f8e4deEc9abe29ceA15E33209863d4CD