The Ekk baz was developed to proffer technical aspect of the solution to the grocery retail market in order to make it defensive and stable in both favorable and turbulent economic times, given that there will always be a demand for food citing the increasing rampant and disruptive nature of online ecommerce channels in today’s tech-savvy world, the retail channel prevailing as consumers’ choice. Its mission is to connect, empower and transform grocery stores by enabling direct interaction with manufacturers in any part of the world.
Ekk baz concept was born out of an eye-opening experience of the challenges faced by grocery stores operators in some parts of the world. It emphasizes mainly on firm lean on Startup methodology, which drives all aspects of the business with a target of becoming first global, decentralized and intelligent direct-to-store engagement platform where store owners and manufacturers can collaborate, buy goods in bulk, and enjoy transparent prices for a wide array of FMCG products where manufacturers can also rent store space for physical in-store promotions at grocery stores and provide loyalty rewards to grocery store owners directly. All orders, bookings and rewards transactions on the platform are eventually powered by EKK in BAZ Protocol.
The advantages associated with the Ekk baz are enormous and cannot be overemphasized with several benefits to both manufacturers and store owners. Generally, the platform directly connects grocery stores with manufacturers, constitutes ease information sharing and collaboration and constitutes smart in contract which facilitate interactions using the platform for ease of transactions.
For store owners; the platform orders authentic products directly from verified manufacturers, maximizes sales assortment with the ordering by Intelligent data-driven assistant, increases productivity and saves time by eliminating paper invoices and tedious reconciliation, get rewards directly from manufacturers and transparent feedback and conduct business in a trustworthy manner to maintain a high rating score.
For manufacturers; it directs collaboration with millions of small stores in one central platform, publishes products and offer discounts to make them easily available for ordering, dedicates location-based, push sales channel, provide attractive promotion and loyalty rewards directly to store owners, real-time analytics to improve operations and enhances transparent feedback and conduct of business in a trustworthy manner to maintain a high rating score.
Token Value: During EkkBaz ICO
EkkBaz offers ERC2 0-based EKK Tokens for the project on the Ethereum platform for crowd sale.
The EKK Token Offering is broken down into two segments known as:
Token Sale and Token Distribution.
Name: EKK
Token Symbol: EKK
Decimal: 18
Total EKK Token to be minted: 2 Billion (2,000,000,000)
Token Distribution:
Start date: 25th June 2018
Start time: 13:00 (UTC + 8) Singapore time
End date: 9th July 2018
End time: 12:59 (UTC + 8) Singapore Time
Period: 1
Payment methods: ETH
Soft cap: 2,000 ETH
Token exchange rate: 1 ETH = 10,000 EKK
Tokens Total EKK Token supply for the period: 400,000,000
Min. purchase: 0.1 ETH
Purpose: Private sale and crowd sale to raise initial funds needed for the project to continue.
The allocated tokens for the segment will be split evenly into 600 consecutive 23-hour periods of 1,000,000 EKK tokens each. At the end of each 23-hour period, the respective number of EKK Tokens set forth will be distributed pro-rata amongst all authorized purchasers, based on the total ETH contributed during those periods. This is to allow a wide and fair distribution so that more people can participate and have more time to gather information and access the project merits.
ROADMAP
Team
The advisor team
Executive Team
For more information please visit the website and connect with other users worldwide on any of the social media platforms listed below:
Website: https://ekkbaz.com/
Whitepaper: https://ekkbaz.com/token-offer/whitepaper
Facebook: https://www.facebook.com/ekkbaz
Telegram: https://t.me/ekkbaz
Published by: Isoboye
Bitcointalk Username: Maxson
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1380535
Ethereum wallet address: 0x26F6afA28DBB156497aD8c08949912040D87B00D
