Monday, November 12, 2018

TANZO - First of the Social Market Types for Handmade Items

Hello everyone, If you are interested in joining the TANZO project, it is a good idea to read reviews that can help you get information that might help you see their vision and mission, below:


TANZŌ is a first of its kind social marketplace for handmade goods, where crafters are protected and craftsmanship is guaranteed. TANZŌ’s distributed ledger technology ensures transparency within the platform, making it as open and as safe as possible for buyers and sellers.

TANZŌ’s main goal is to become a synchronized social platform, based on a completely decentralized trust system, which ensures that all parties involved in any given transaction are equally protected.

Handmade Market

The global market for handmade goods has tripled since 2008 and is currently becoming a $100 billion industry. In 2016, India alone exported $5.4 billion in handmade goods, a 15% increase over the previous year. During the same period, both China and Southeast Asia generated over $25 billion.

The total size of the US crafts industry is now $43.9 billion, according to new research from the Association for Creative Industries (AFCI). With continuously rising demand, the industry projects that by 2020 the global handmade market will become a $150 billion industry.

Issues for Crafters & Buyers

Crafter issues
Lack of international marketing knowledge
  • Lack of buyer confidence (crafters usually aren’t identified)
  • Lack of direct communication with potential buyers
  • Inability to present their products in fair competition
  • Difficulty directing traffic to their product listings
  • Barriers to proper representation of themselves and their products
  • Fear of dishonest buyers
Buyer issues
  • Difficulty verifying that a crafter is who he/she claims to be
  • Difficulty verifying that an item is truly handmade by the crafter
  • Difficulty verifying that a crafter isn’t exploiting the marketplace by passing off counterfeit goods as authentic
  • Difficulty verifying that a crafter isn’t selling mass-produced goods for profiteering
  • Lack of reliable reviews

Token Sale Distribution Details

Token Sale Parameters
  • Start date: To be released
  • End date: To be released
  • Soft cap: $3,500,000
  • Mid cap: $7,500,000
  • Hard cap: $15,000,000
  • Minimum contribution: $50
  • Max contribution: $200,000
  • Min contribution public pre-sale: $5,000
  • Accepted currencies: ETH, BTC
  • Token: ERC20
  • Total supply: 500,000,000 tokens
  • Token sale: 68%

You can find out more about the platform or participate in their crowd sales through the following links:

Bitcointalk username: Aray80

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