Сryptocurrency for the Global Fashion Industry. It facilitates payments by eliminating exchange rates, commissions, and fees on multicurrency payments
Текущее состояние
Proof of Concept
Рынок
The global apparel market is valued at 3 trillion dollars, 2% of World’s GDP
940 million online shoppers to spend almost $1 trillion on cross-border e-commerce transactions in 2020 according to McKinsey&Company
Проблема или Возможность
High currency exchange rates and bank commissions and fees on international online/offline fashion shopping for shoppers
High exchange fees/commissions and transaction fees for the international B2B payments within the fashion industry
Excessive corporate expenses for the fashion companies: accounting, taxation, corporate fees, cross-border cross-currency transfers.
Disorganized and dispersed loyalty and bonus systems for international fashion shopping
Disorganized and dispersed sources of Big Data on international fashion shopping
Exchange rate fluctuations and currency inflation hurting fashion companies
Решение (Продукт или Услуга)
Single cryptocurrency for the global fashion shopping. No exchange rates, commissions or fees.
Low cost B2B payment instrument for the international fashion industry
Single discount and bonus system on Global fashion shopping
Reduced corporate expenses in taxes, admin costs, accounting, etc. with simple one currency business operations
Rising value of the crypto currency for the fashion industry
Elimination of effects of exchange rate fluctuations and currency inflation for the fashion companies
Single source of Big Data on International fashion shopping
Конкуренты
Non Fashion Industry Cryptocurrencies and product such as Mona.co
Преимущества или дифференциаторы
Focus on and expertise in the Fashion Industry
Финансы
1,5% commission on all B2C, B2B and C2C transactions
Бизнес-модель
1,5% commission on all B2C, B2B and C2C transactions