SimplyBrand (SBA) Initial Coin Offering - ICO Details & Financial Information

ICO NamesimplyBrand
SymbolSBA
Start DateMarch 31, 2019
End DateTBA
CountryCayman Islands
PlatformEthereum
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Research has shown that counterfeits pose a great threat to individuals, companies, industries and even world governments. With the technological advancement of the internet, the negative effects of counterfeiting have now been magnified and are causing a larger scale of damage. Most brands choose to invest a large amount of money into implementing NFC or RFID technologies into their products, but the results are still limited and the costs are still high. We will create a solution to this problem by establishing a platform with a built-in AI model and machine learning technology to identify counterfeits. Crowd-sourced participants will be incentivized to assist in verifying the unidentifiable items, while the information of the counterfeiters will be published on the blockchain, which is immutable and public for everybody to read. In addition, two major functions will be released along the way which will result in more parties joining the platform to complete the goal of the platform evolving into a self-governed ecosystem. By combining these cutting-edge technologies with new mechanisms to govern the platform by itself, our solution is able to solve this problem effectively on a large scale.

Founder/CEO
Co-Founder/CMO
Technical Director

❗️Important update in the bonus structure❗️

#simplybrand #publicsale
https://t.co/4Ov5D51iNV

📣We have a big announcement 📣

From 24th till 27th March 2019, SimplyBrand is going public! The hardcap is fixed at 1000 ETH and the sooner you buy the bigger is the bonus! Don't wait to much there will be enough for everyone!

https://t.co/3ZcB1qNlLI

. @OECD and @EU_IPO just released an important new report on the threat of counterfeit goods. It will inform policy and facilitate greater international law enforcement cooperation to #knockoutknockoffs ▶️https://t.co/FP1DPb2R7Z #GlobalFakeTrade

Supreme New York has taken legal action against Supreme Italia, a counterfeit business in China after the latter opened a physical store in Shanghai.
https://t.co/KeDXFQ8JoL

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Price0.0536 USD SaleN/A Payment ModeUSD, ETH
Minimum InvestmentN/A Distribution16% RaisedN/A
Soft Cap4,000 ETH Hard Cap40,000 ETH

General ICO Warning:

Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.