DEVERY.IO
Protecting e-commerce brands and consumers from counterfeiting via the blockchain
The Devery platform allows suppliers and consumers to prove the authenticity of their products online before purchase, essentially removing the need for ‘trust’ in e-commerce. It aims to protect brands and consumers from counterfeiting using blockchain powered product verification by providing unique, verifiable identifiers to each product throughout the supply chain.
Suppliers can tag their products with unique identifiers that are stored on the blockchain.
Suppliers can tag their products with unique identifiers that are stored on the blockchain and verifiable via the Devery mobile application, the Ethereum Blockchain and later the Woocommerce & Shopify plugins. The advantages of this process are three-fold:
- It empowers suppliers to protect the legitimacy of their brand and products
- It provides retailers and consumers with an avenue to verify the authenticity of products before purchase, removing the need for ‘trust’ in e-commerce
- It provides unique identifiers for individual products on the supply chain enabling secured product verification
In turn, the Devery protocol will improve transparency and legitimacy in the e-commerce market.
The Devery protocol requires the EVE token to fuel the verification process. Suppliers will spend EVE tokens to mark unique identifiers for each product and record them on the blockchain.
The EVE distribution period will commence after the crowdsale. The minimum contribution is 0.5 Eth. The presale will commence on 14th December 2017 and will cap at $2 million USD. The crowdsale will commence on 12th January 2018 and will cap at $10 million USD (including the presale).
There will be a 5% discount in the presale. The presale will be available to those who contribute over 20ETH. Specific terms of agreement will be announced closer to the date. We are aiming for a fair and equitable crowd sale for all participants involved. This is why we have opted for only a small percentage discount on the presale.
Team
Andrew Rasheed - Founder & Head of Product and Operations
Andrew is an avid believer in the blockchain space and founded Devery from his own experiences within e-commerce space and as a developer aimed to solve the product verification process using the blockchain. He founded ethstall.com the first Ethereum only online store allowing Ether holders to purchase physical products. He also released CoinWatch TouchBar a cryptocurrency price tracking for the OSX Touchbar.
Chironjit Das - Finance & Community
Chironjit is an accountant with experience in various industries, including for one of the largest retailers in the world. His experience working in the industry exposed him the challenges large companies face in securing their supply chains from fraud & counterfeiting. He believes part of the solution to these issues is being able to tag and track every individual item through every step of the supply chain.
Antoine Najjarin - Partnerships & Strategy
A lawyer by profession, Antoine studied at the University of Technology, Sydney and the University of Oxford. He was hired into a prestigious private firm upon graduation and currently works for the government of New South Wales, Australia.
Bokky Poobah - Technical Advisor
A respected member of the Ethereum community responsible for auditing a number of high profile ICO’s including Status, Stox, Chronologic & countless more. He is also the founder of one of the first decentralised exchanges, cryptoderivatives.market which has processed millions in ERC20 token trades
John Shi-Nash - Advisor
John is currently the Director of Macquarie University Incubator with a previous background working in the VC space in Singapore.
Dorjee Sun - Advisor
COO of Santiment.net, raising $12 million USD in 45 seconds. Dorjee is also an advisor and investor into blockchain startups Powerledger, Dappbase and Virgil Capital a Bitcoin arbitrage hedge fund. He is also a director of Carbon Conservation which owns equity in large scale sustainability and carbon conservation projects globally raising $430M with project partners and clients such as Rio Tinto, Bank of America Merrill Lynch, Olam and Twitter.
Bounty programme
Finally, we are seeking comments on how we can improve as we move towards our ICO - tell us how you think we can be better / what you would like to see! if the number of votes is large enough.
