Fashion Crowdfunding Platform of the New Generation Silkroad

SLK Road
silkroad_eng
Published in
3 min readAug 28, 2018

● Silkroad is —

  • a platform that enables fast and seamless fashion trend analysis by linking together fashion companies, service providers, designers, fashion products, and distribution to the ecosystem by recording them in a blockchain.
  • a global marketplace and fashion crowdfunding platform that can communicate with various new designers regardless of country or region.

● How did the Silkroad originate?

As the Internet has developed, the Social Media user rate has rapidly increased, real-time information sharing has become possible, and the value chain of planning — order — manufacturing — distribution — sales is collapsing due to the development of various technologies such as data processing technology and commercialization of 3D printing. As a result, the existing offline retailers’ system has broken down, and the role of the wholesale-based order-taking exhibitions, runway collections, and showroom businesses continues to shrink. In addition, due to economic uncertainty, low prices are preferred and customized fashion is demanded.
As a result, the current fashion industry is not able to move forward. So, it is ‘Silkroad’ which brings up the satisfaction of designers, producers, buyers, consumers, etc.

● Features of Silkroad

Student-designers, emerging designers (indie designers), and existing designers can transform their previously variable incomes into stable sales with a pre-established budget through fashion crowdfunding platform Silkroad. In addition, there are possibilities of establishing a contract with a global buyer.
Buyers can quickly analyze trends through fashion-related information that leads to the fashion ecosystem, receive market forecasts, and make accurate plans for sales. Like this, they will be able to work without making a lot of efforts to find talented designers.
Consumers can buy trendy fashion items at a lower cost and receive them when crowdfunding ends.
Investors can invest in their favorite fashion items and receive an increased return on investment.

Silk Coin Compensation System

● What is Silk Coin (SLK)?

In addition to building a new fashion ecosystem, Silkroad has another milestone.
The Silk Coin (SLK) is a system of compensation that encourages participation in the ecosystem.
You can earn Silk Coins if you perform your role in evaluating products, demonstrating design prototypes, showing purchase intentions, and discovering designers. The obtained Silk Coin is then used for transactions between ecosystem participants or in the workplaces operated by participants.

Watch Silkroad introduction video for more information!

For more information visit our homepage and YouTube channel, and read the WhitePaper.
Silkroad Homepage: https://slkrod.com/en/main
Silkroad English WP: http://bit.ly/SLK_WP_EN
Silkroad YouTube: https://bit.ly/2whyPqz

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