Namahe ICO

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Namahe

Namahe is a blockchain based decentralized ecosystem that provisions a new standard to be used in industries to bring transparency in the supply chain.

Details

ICO Name Namahe
Description Namahe is a blockchain based decentralized ecosystem that provisions a new standard to be used in industries to bring transparency in the supply chain.
Website URL https://namahe.io/
White Paper URL https://namahe.io/wp-content/uploads/2018/05/Whitepaper-namahe.pdf
ICO Launch 2018/06/28 20:13
ICO Closing 2018/07/31 05:00
Token Platform ETH (ERC20)
Coin Price 1 ETH = 1000 NMH
Funding Target $4 Million
Funding Cap $30 Million
Coins Offered 50% of the total token supply

What Is Namahe?

Namahe is a blockchain based decentralized ecosystem that provisions a new standard to be used in industries to bring transparency in the supply chain. Namahe intends to empower management system of companies by supporting the values of businesses ethical conduct. The platform is the world’s first supply chain platform which is socially responsible and incorporates blockchain technology followed by AI – artificial intelligence features. The platform plans to become a global payment solution using prevalent cryptocurrencies preferably NHM tokens in compliance with laws and regulations in place by local governing authorities.

Namahe

Concept

Namahe is a decentralized blockchain based ecosystem that aims to bring transparency in supply chain management by incorporating blockchain and ethical sourcing to minimize the chance of exploitation by creating various tools as well as interfaces for all individual tiers. The platform is committed to bringing a one marketplace solution where all concerned parties including retailers, users and suppliers can connect with each other and trade in a secure environment. The platform leverages four core technologies namely digital processes, artificial intelligence blockchain and cloud power to achieve its objective.

How Does Namahe Work?

As mentioned above Namahe is a blockchain based decentralized ecosystem that aims to bring transparency in the supply chain. We now would like to let you know how Namahe works. The platform allows business to incorporate blockchain solution in their supply chain management systems to remain transparent, and trustworthy. The platform helps organizations to eradicate or minimize various forms of exploitation such as poor working conditions, child labor, wage exploitation and many others. This is how, organizations can have many benefits in a sense that brands will have a reduced risk of negative marketing, and the need to have big audit teams. It will also help companies to gain the trust of customers and enjoy more customers loyalty.

Earn Namahe Tokens

To earn Namahe tokens you need to contribute to the ICO during the pre-sale or crowd toke sale of the ICO. Namahe has just opened its pre-sale phase so people can get themselves registered and earn Namahe tokens. Registration can be done online by accessing the official website of the company. People who wish to earn Namahe tokens need to pass KYC element of the ICO as well. The platform also allows its users to earn Namahe tokens for contributing positively to the platform’s success.

Buy Namahe Tokens with E-Wallets

The platform is based on ERC20 standard tokens also known as ethereum tokens. Since the platform is based on ethereum, therefore, people need to send ethereum to the platform to buy Namahe tokens. To buy Namahe tokens you can use your e-wallet. If in case you don’t have one, then you need to open an e-wallet account first so you can buy Namahe tokens. The ICO will be listed on various exchanges across the globe, those who may not be able to contribute or participate in the tokens sale of the ICO can buy Namahe tokens from all such exchanges against other digital currencies.

The ICO Distribution

The ICO plans to hold its public token sale on June 28, 2018. It is expected that the ICO will last for about a month. It will end on July 31, 2018. There will be a maximum of 120 Million tokens generated. The ICO plans to raise a minimum $4 Million. The hard capping of the ICO is defined as $30 Million. The ICO will be using NMH as its token’s symbol. The starting price of the platform’s token is expected to be 1 ETH = 1000 NMH. The supported digital currency of the ICOA is ethereum.

Tokens Distribution

The ICO plans to distribute its tokens under the following proportion;

  • 50% of tokens are planned to be distributed to the public during the pre-sale or public sale of the ICO
  • 30% of tokens are planned to be distributed to the Team and Advisors of the Company
  • 20% of tokens are planned to be distributed to the reserve fund of the ICO

Funds Allocation

The ICO plans to allocate its funds generated through the token sale under following proportion;

  • 40% funds are planned to be allocated to the research and development department of the ICO
  • 15% funds are planned to be allocated to the Sales and Marketing department of the ICO
  • 10% of funds are planned to be allocated to the development of the infrastructure of ICO and its maintenance
  • 05% funds are planned to be allocated to the administrative department of the ICO

Bonus Offers

The ICO also plans to offer bonuses to its early contributors in the following sequence;

  • 10% bonus will be offered to those contributing to the ICO during the first and second week of its launch
  • 05% bonus will be offered to people buying ICO tokens during the third week of the launch of the ICO
  • 0% bonus will be offered to people buying ICO tokens after three weeks have been passed since the ICO was launched.

Team Members

The ICO has following team members;

  1. AJAY LAKHWANI is the Co-Founder of the Company
  2. KUMAR MUDALIAR is also the Co-Founder of the Company
  3. ANTHONY COLÓN JR. is the Blockchain Developer at Namahe
  4. KANIKA DHYANI Ph.D. is the Data Scientist, Operational Research Specialist at Namahe
  5. RAZVAN PITIC is the RFID, IOT & Wireless Specialist at Namahe
  6. ANTHONY COLÓN JR. is the Blockchain Developer at Namahe
  7. KANIKA DHYANI Ph.D. is the Data Scientist, Operational Research Specialist at Namahe
  8. SANE LEBRUN is the Head of Marketing & Social Media at Namahe
  9. KANIKA NAGPAL is the Web & Graphic Designer at Namahe
  10. DANIEL is the Community Manager at Namahe
  11. CANDICE MA is the Social Media Manager at Namahe
  12. SONIA PEREIRA is the Quality Assurance at Namahe

Invest In Namahe

After a careful review of the ICO, we hereby conclude that Namahe intends to bring innovation in the world of supply chain making it more transparent and free from exploitations. The concept of the ICO though appealing but we need to wait until the ICO is launched to see how successful it is in attracting people to invest in Namahe.

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