The sharing economy, or collaborative consumption, refers to resource circulation systems which allow consumers a two-sided role, in which consumers may act as both providers of resources and obtainers of resources. This vision allows for a broad understanding of the sharing economy in regards to the overarching criteria of changing consumer capacity.
The problem for this vision of economy was refurbished phones (B2B/C2B) industry pain points :
- Phone Versions Unclear/Products Not as Described
- Potential Frauds/Scams
- High Cross-Border Transaction Costs
- Product Movement Verification
The refurbished phone trade is a multi-billion USD with double digit percen gross profit, high volume and high trading frequency globalized business reach out 30BN USD market size by 2020 (just phones) and yet it is a complex industry as it lacks standardization in areas such as trading terms, product versions and compatibility, and especially in product grading and quality with environmental friendliness.
Blockchain is the truly solution to solve the problem. One solution to ensure the right products in the right markets is to obtain the phone IMEI from the sellers. The IMEI numbers can also be used to ensure that the goods are not stolen goods. As such, putting such critical information on blockchain would certainly help to stop scams as well as improving trading experience. Cross-border transaction fees will be greatly reduced by choosing to transact using cryptocurrencies such as GES tokens. Time will also be saved and transactions could happen within hours, rather than days. Both of these are extremely important in the phone trading industry since it is a low margin, high turnover business where quick turnaround is always critical in business performance. Information can be put on the blockchain, improving trading experience, combating fraud, and preventing shipment inconsistencies.
Galaxy eSolution
Galaxy eSolutions is the answer from blockchain
solution. Galaxy eSolutions, Limited is a global eCommerce ecosystem with fast
growth and real traction, reaching near 20M USD sales within its first year of
operation. Our vision is to fully integrate blockchain and evolve into a hybrid
ecosystem with marketplace platform, so as to resolve the several pain points
in the multi-billion preowned and refurbished electronics industry. Galaxy eSolutions was reached almost 2M USD monthly sales within 9 months
and monthly operational break-even point in August 2017. We have exclusive
partnership with licensed Apple and Samsung refurbishment factory in bonded
zone and full team of procurement specialists, quality inspectors,
customer service specialists, logistic officers, marketing specialists, an IT
team, and an accounting team.
Galaxy eSolution will systematically buy GES
Tokens on exchanges and “Burn” them. “Burn” means that purchased tokens
will be taken off the market permanently, resulting in a decreased total
number of GES Tokens, thereby increasing the value of remaining GES
Tokens over time. To give our backers the value protection guarantee to
illustrate our confidence in our project, galaxy eSolutions will commit
to redeem/buyback its tokens as long as prices fall below its average
ICO price (based on USD/USDT).
There are a number of similar companies doing the same thing, but Galaxy eSolutions separates itself from the pack in several key areas. Galaxy eSolutions uses its own branding to build consistent consumer expectations across products. Galaxy eSolutions emphasizes lower costs through controls at every stage of the refurbishment process. We own a refurbishment factory, and they process all retail transactions themselves. This means we control the price and quality. Not only that, but Galaxy eSolutions guarantees the best price/quality matrix.
Galaxy eSolutions promises to get consumer
electronics to the market more quickly than its competitors. Because the
company controls the whole supply chain, it’s in full control of all
processes required before reaching the market. Galaxy eSolutions has a
13-month warranty on all consumer electronics sold through their
refurbishment program.
Roadmap
GES Token Offering and Returns
Token Offering- Token symbol: GES
- Token Usage: Tokens can be used in ecosystem for services and products.
- Token users receive a 5% token-back reward on purchases at the end of every month.
- Maximum supply: 300M with unsold tokens burned.
- Token Price: 1ETH = 10,000 GES Tokens (0.0001 ETH per token).
- Minimum Purchase: 1 ETH
- Hardcap: 20,000 ETH
- ICO: 28th February 2018 to 31st March 2018
- 0.1 to 49 ETH = 20% bonus
- 50 to 99 ETH = 25% bonus
- 100 to 249 ETH = 30% bonus
- 250 to 499 ETH = 35% bonus
- 500 to 999 ETH = 40% bonus
- 1000 to 2499 ETH = 45% bonus
- 2500 ETH and above = 50% bonus
- Additional bonus: if you contribute to both Galaxy eSolutions and Sharder ICOs, you will receive a 5% token bonus on your contribution from both parties.
Team
Team
|
Yuen Wong – Co-Founder & CEO
Joe Chan – Chief Technology Officer
Erik Hohmann – Chief Marketing Officer
Chris Wong – Chief Operation Officer
|
Blockchain Development
|
Ben Xiong – CEO & CTO
Wayne Shao – COO
Rick Wang – CMO
|
Financial And Investment
|
Louis Tang – Former Group Finance Director at Noble Group (was Fortune 250 company)
|
Professional And Compliance
|
Brian Colwell – ICO Advisor, Crypto Investor
Simon Choi – Fintech, Blockchain & Global ICO Lawyer
Pranav Burnwal – Region Head at Blockchain Education Network & Senior Application Developer
Brennan Bennett – Block Chain Technology Consultant
|
Business And Advisory
|
Miles StollAccount – Executive (Retail), Google LLC.
Manuel Salvaterra – Business Development Manager, Google LLC.
Neil Thomas – CEO & Founder at Muzaara
Dr. John Wong – Executive Vice Chairman at Executives’ Global Network
Stanley Lee – The President at E-Commerce
Association of Hong Kong
Abdulaziz Aljouf – Founder & CEO at Paytabs
Jordan Miller – Founder at Paradigm Agency
Ken Wong – GM at Continental Global Service Ltd & Executive Officer at E-commerce Association of HK
|
Quik Links
Written By: putri_dewi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1132669;sa=summary
address of ethereum wallet: 0x4aD3D0C2A47FfA55547DBb36630A77912BC5Ff21
Galaxy eSolution - The established business as an answer to the blockchain solution
Reviewed by Putri Gairah Crypto
on
Februari 15, 2018
Rating:
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