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Ratings Vanig

Integrated E-commerce and Supply Chain Ecosystem

Vanig is the world’s first integrated E-Commerce platform and Supply Chain ecosystem powered by the blockchain. Vanig Patent Pending solution addresses several significant Supply Chain and E-Commerce challenges and inefficiencies, providing a higher level of brand experience. Our Supply Chain ecosystem leverages the latest in blockchain technology through HyperLedger’s Sawtooth Lake technology. We simplify the E-Commerce experience and its embedded Supply Chain, eliminating intermediaries and manual processes as it ushers in a new level of transparency. The Vanig platform is safe, secure, and user-friendly, benefiting all members of the ecosystem and embraces cryptocurrency payments. It shortens recall process and timelines for manufacturers and retailers, providing real-time product visibility through to the consumer. Provenance information on products, increasingly an essential consumer ask, is fully integrated.

3.8
7 6 expert ratings
Benchy 3.9
KYC
Experts
4.1
3.4
3.7
Review: coming soon PRO
Ended
Token
VANIG
Type
Price in ICO
0.2500 USD
Whitelist/KYC
KYC
Restricted areas
USA
preICO start
15th Aug 2018
preICO end
22nd Aug 2018
ICO start
22nd Aug 2018
ICO end
31st Jul 2019
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Igor Karavaev
Blockchain Enthusiast
Rated on Jun 16, 2018
Modified on Jun 16, 2018
4
3
4
18%

I think it is quite outrageous to aim to compete with Amazon, Walmart, Ebay etc. The team is good at IT but i dont see it fits the targets settled in the WP. Two kinds of tokens and some other perks from the WP seem not attractive as well. Profitable on the 2nd year? Does not look realistic

+5Agree
+2
-3Disagree
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Kyon Yoshihara
Direct Marketing Manager,ICO produce
Rated on Nov 16, 2018
4
3
3
13%

Although there are excellent team members, shopping sites have already penetrated the world.
I think that it is difficult to say whether or not to win the world's largest base using block chains.
I pray for their good fight.

+9Agree
+9
Disagree
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Chokha Palayamkottai
CTO | Blockchain Technology Consultant |ICO Advisor | AI | Healthcare|Cybersecurity
Rated on Jun 22, 2018
5
5
5
9%

The idea is great and Vanig has the right team to pull it off. I don't think they are really competing with the Amazons and Walmart's. Its a niche market with potential to become a large retail company in several countries. It would work well especially in countries where the supply chain infrastructure is suspect and traceability is a challenge. The ecommerce part of the project also allows users to purchase product with crypto and this greatly could people in countries like Kenya where M-pesa is widely used. Hybrid architecture using Hyperledger Sawtooth is a clever choice considering how extensible,secure and modular the platform is. Multi-token strategy is a great approach for a hybrid solution (supply chain and ecommerce) that Vanig offers.

+2Agree
+2
Disagree
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Abishek Mittal
ICO Advisor | ICO Consulting | Project Review |MBA Finance and Strategy |9+ Years of Corporate Experience | Crypto Trading and Investing
Rated on Jun 15, 2018
5
4
4
9%

Selection of Nevis country raises concerns. Team seems to be having good hands on experience in the field of IT. How are you unique from other companies which are providing Track & Trace solution? Selling the solution once developed and marketing will be a big challenge as faced by most of the Start-ups, which have raised money since past 2 quarters. So an aggressive marketing would be required to make it work. Selection of Hyperledger Sawtooth is a welcome move and can yield promising results. Tokenomics is well worked out and the target collection of funds seems to be reasonable.

+1Agree
0
-1Disagree
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Yogesh Trivedi
Blockchain Technology, eCommerce, Agile Software Development Consultant
Rated on Jun 28, 2018
Modified on Feb 4, 2019
3
3
3
9%

I really like the presentation of vanig and its plan to have decentralized database for eCommerce network. I am more interested to see the collaboration on B2B network and BTC attraction with the product. Nice to see a product from the eCommerce stream I'm working on since last 10 years. All the best.

+6Agree
+6
Disagree
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Harry Tucker
Business Manager - HiveEx
Rated on Jul 21, 2018
Modified on Jul 21, 2018
3
3
2
4%

Where is the MVP? You're seeking to raise a hard cap of $20m with no product available to see? You've got some kind of random URL link there that's password protected. Why?

The idea is fine, but this is hardly the first company to try and solve this problem with blockchain and with this idea. The difference being that the team behind them has more e-commerce experience and have actual real working products.

Agree
0
Disagree
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Benchy
ICO analyzer bot
3.9
39%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Prem Sekararn
Passed
Dan Ramirez
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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