Vanig

VANIG
Starts: 8/22/18 Ends: 9/19/18

Our Rating:

Your Rating:

Market

Competitive Advantage

Team

Token

Adoption

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Market

Is there a clear problem solved by this project? Can you clearly picture the customer? Is the market large and growing?

Competitive Advantage

Does the team have a moat that will keep competitors from overtaking them?

Team

Does the team have a track record of success? Deep knowledge of this industry? A large network of contacts?

Token Mechanics

Does the problem truly require a blockchain? Do you understand how the token works? Do they have a demo?

User Adoption

How likely is it that users will understand this project, and actually use it?

Quick Summary

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Vanig is an integrated E-Commerce platform and supply chain ecosystem powered by the blockchain. The goal is to change the way ecommerce works from manufacturers to consumers to make shopping a better experience.

Pros

  • Top quality MVP with token functionality.
  • Partnered with a huge ecommerce retail company in iFashion. They have a strong foothold in the Southeast Asia market.
  • Vanig will tackle a lingering problem in the ecommerce industry that will forever have the need for improvement.
  • Items select by AI based on user preferences.

    • Cons

  • Massive competition from the giants like Amazon, Walmart, and Ebay.
  • User adoption will remain a major concern as people will need to use the Vanig token in order to receive the full benefits of the Vanig platform.

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    Raised Amount Unreported: contact us to update this information

    How to Invest

    Please Read How to Invest in ICOs
    Then see Vanig Investment Instructions

    Investment Information:

    • How to invest: Interested investors can join the pre-sale by registering for the whitelist.
    • Discount: Bonus starts at 25% on 08/22/2018. It will decline by 5% every week until it reaches 0% on 09/19/2018.
    • Eligibility: Token sale not available to US residents and citizens.
    • Minimum purchase limit 0.1 ETH
    • Accept crypto & FIAT currencies ETH, BTC, LTC, USD

    Market: 3.5

    • Vanig will try to tackle the lingering problems of dealing with middle men, long payment waiting periods, lack of information on raw materials, and fractured tracking.
    • Vanig wants to target the entire ecommerce industry. Their platform will be used by buyers (average consumers who want to purchase online) and sellers (companies looking for another avenue to sell their products). Vanig will generate revenue from seller fees, pro features for sellers, and advertisements.
    • The South East Asia (Vanig’s primary regional market) retail ecommerce sales sit at around 5.5 billion USD. According to Statista, it’s expected to grow to approximately 85 billion USD by the year 2025.

    Competitive Advantage: 4

    • All offered items are put through a selection process by experts. All products shown have been selected for individuals via AI with affordable prices, detailed information about product origin and raw composition materials for complete transparency. Uses total tracking to combat fractured tracking of transactions.
    • The sellers will enjoy the benefits of lesser selling fees (compared to other major E-commerce players) and instant payments, and the buyers will enjoy the benefits of buying trusted products, paying with different payment methods (including VANIG tokens) and be rewarded for purchases on the platform.
    • Retailers and user recommendations can be verified Reduce and eliminate the middlemen, resulting in product to be cheaper for consumer and lucrative for the seller as vanig offers instant payment transfers.

    Team: 5

    • The CEO, Dan Ramirez, has a serial entrepreneur background and has deep experience scaling organizations in software and blockchain development. Industries include security, identity, financial, institutional and government for more than 20 years.
    • The majority of the Vanig Executive team has experience in a high level corporate position at a major company. In their employee bio, each member has the logo of their past place of employment, and most of the companies would impress the average reader.

      • Team Members

    • Dan Ramirez (CEO) (LinkedIn)
    • Philip Abraham (CSO) (LinkedIn)
    • Geofrey Rainey (CTO) (LinkedIn)

    Token Mechanics: 4

    • Vanig has a state-of-the-art MVP and anyone can access it via their website. They also provide a handy user guide that will walk you through the process of using the platform. MVP functions with VANIG token.
    • Token Supply: 225 million VANIG
    • Vanig tokens allow for competitive pricing, security, and transparency. The dual token provides a stable crypto shopping experience for customers.
    • With VANIG tokens, merchant will immediately receive remuneration, thus creating greater motivation for immediate dispatch and a better revenue structure.

    User Adoption: 3.5

    • Vanig lists their Token Sale partners and Business Partners, which include a number of blockchain advisory companies for both their project and ICO. They don’t surprise anyone with their partners, but iFashion Group appears to be a huge player in the Singapore ecommerce scene. They’ll likely be initial users of the Vanig platform.
    • Vanig has an impressive 16,000 Facebook followers accompanied by an additional 16,000 Twitter followers. According to Buzzsumo, Vanig has over 1k engagements on their top article. It’s safe to say that Vanig has done well in generating buzz around their project.

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    Links

    Website | Whitepaper | Twitter updates | Reddit discussion | Github

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