INTRODUCTION
The coming of the internet heralded the breakthrough of a dozen other innovations. Amongst this was the commercial industry. The internet had its own special effect on the industry. The traditional buying and selling activities were taken to a whole new level, introducing the true globalization.
Online shopping, the face of e-commerce has sparked a frenzy in the commercial world as trading is being moved off any physical geographical limitation. More and more people take to the net for their shopping needs.
INDUSTRY’S PRESENT STATE AND THE ROLE OF BLOCKCHAIN
It has been observed that the commerce industry as a whole suffers from a lot of functionality problems which slow down its overall efficiency at providing service for customers. This invariably has spilled into the e-commerce sector. There are a lot of commissions being imposed between the sellers and the buyers that culminate to incredulous fees at the checkout points.
Possibly loss customer data is another fear current companies and systems have to continually live with. Tales of past experiences keep hovering over as a form of reminder. Having explored all possible solutions, it is sufficient and safe to conclude that the only possible lasting solution to these issues would be to fully integrate the blockchain technology. Data security, decentralization and next to zero commission rates are some of the ways the blockchain’s potentials can be unleashed.
THE ALIGATO ECOSYSTEM
Incorporating the blockchain implies a lot of improvements.
With the ecosystem, information about products up for sale would be placed on the blockchain for all to access. It is through this that possible buyers can reach out.
Traffic generated by the amount of transaction flows is rather significantly large. The regular centralized systems can’t handle this. They are all thus moved to the blockchain which would facilitate better processing speed as well as mitigate all possible risks of loss of data.
TOKEN AND ICO DETAILS
On the platform, the AligatorCoin (ALC) which is based on the ERC20 protocol would be the coin for exchange and rewards.
The AligatoCoin token is created with the ERC20 standard in the Ethereum network.
Token Name: AligatoCoin
Token Symbol: ALC
Platform: Ethereum (ERC20)
Distribution Process: The ALC tokens will be delivered once the ICO has closed
Cryptocurrency Unit (Token) Price: 1 ALC = 0,50 USD
Minimum Amount of the Cryptocurrency Tokens to Buy: 1 ALC
ICO Ends in 30/08/2018. You can get your AligatoCoins here: https://wallet.aligatocoin.io/buyalicoin
TOKEN DISTRIBUTION
Proof of Stake: 8%
Platform development: 33%
Reserve: 5%
Marketing: 30%
The Building: 9%
IT Infrastructure: 15%
USE OF PROCEEDS
Bounty: 3%
Reserve: 5%
Advisors: 5%
The Building: 9%
Proof of Stake: 8%
Investors: 70%
TEAM AND ADVISORS
The team members are an elite force of experienced minds who have treaded the path of blockchain commercialization and are no strangers to the financial markets. Having worked in various sectors of finance, they are well suited for the task of reshaping the future of e-commerce.
Roadmap
N
CONCLUSION
In order to ensure that the e-commercial industry does not die out a natural death, conscious efforts must be employed to lay down foundations that are going to be instrumental in ensuring the industry assets a new look and direction.
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
WEBSITE: https://aligatocoin.io/
WHITEPAPER: https://aligatocoin.io/whitepaper/aligatocoin-whitepaper-en.pdf
FACEBOOK : https://www.facebook.com/aligatocoin.io/
TWITTER: https://twitter.com/aligatocoin_io
TELEGRAM: https://t.me/aligatocoin
Author
Ambiti0n
bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2192942;sa=forumProfile
Disclaimer: This article was published in terms with the bounty campaign. I am not a project team member or its representative but a supporter of this tremendous project.