Saturday, 19 May 2018

ABOUT SEAL

WHAT IS SEAL?
The SEAL is a clarification service powered by block-chain tech. The network aims to protect the bale of the planet’s most beloved companies, allowing consumers to simply identify the verification of the product with an easy scan of a Cell Phone.
Now, major companies worldwide are targeted by fake creators. The value of these companies is stained by knock-offs and fakes. SEAL search to solve this issue applying modern blockchain tech, allowing users and developers to identify actual products.
The SEAL is not just made towards Billion dollars expensive companies, the SEAL site also mentions designers, creators or programmer and another kind of makers. The world is complete with creators and these persons depend on clarify works to keep their value.
The Seal platform consists of several components:
1) Products with an embedded Seal-chip that uniquely identify physical products
2) The Seal-app installed on an NFC-compatible smartphone
3) The Seal-token which allows communication between the different parts of the platform
4) The Seal-network, an immutable blockchain database where each transaction is recorded and validated by its nodes
How does it work
At the simplest level. You scan a product and it can be verified by secure blockchain.
Brands can charge a variable fee depending on the product and added services and functions the chip provides. This helps fight counterfeiting and the consumer gets to support the designers and brands they love.
On the secondary market, it will be easier to sell your product at a higher price because other people can validate the authenticity. You can also claim an individual product as yours. There will be a small fee for change of ownership and claiming.
So brands can still make a very small cut on the secondary sale of an item and the seller can likely get a better price. Seal also cuts a very small cut of this fee which benefits token holders as a small percent of tokens are burnt with every transaction.
TOKEN SALE AND ICO
Token Cap A maximum of 1.2b tokens will be minted and will never exceed this amount. No more than 492m tokens will be allocated for the token sale rounds. Discounts and bonuses depend on strategic partnerships and deal size.
Token Emission
KYC and AML is required prior to buying tokens. Buyers need to provide their details and the address that will be used to send Ether from. If tokens in the presale round remain unsold, they will be offered in the mainsale. Offered tokens that remain unsold after the main sale will be distributed proportionately to ALL token sale participants. Example: a Buyer purchases 3.69m Seal tokens during mainsale, 123m (25%) of tokens remain unsold. Buyer receives 1.23m [ (3.69 / (492-123)) x 123 ] additional tokens for a total of 4.92m tokens.
Further information:
  • Actual prices will be in Ether and will be available on the website, along with the bonus structure
  • Prices will be in Ether instead of dollars to reduce exposure to ETH-USD volatility.
TOKEN ALLOCATION
We plan to allocate the tokens as shown in the following table
USE OF PROCEEDS
We plan to use the funds generated in the token sale as follows:
ROADMAP


TEAM
Advisors
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