Research has shown that counterfeits pose a great threat to individuals, companies, industries and even world governments. With the technological advancement of the internet, the negative effects of counterfeiting have now been magnified and are causing a larger scale of damage. Most brands choose to invest a large amount of money into implementing NFC or RFID technologies into their products, but the results are still limited and the costs are still high. We will create a solution to this problem by establishing a platform with a built-in AI model and machine learning technology to identify counterfeits. Crowd-sourced participants will be incentivized to assist in verifying the unidentifiable items, while the information of the counterfeiters will be published on the blockchain, which is immutable and public for everybody to read. In addition, two major functions will be released along the way which will result in more parties joining the platform to complete the goal of the platform evolving into a self-governed ecosystem. By combining these cutting-edge technologies with new mechanisms to govern the platform by itself, our solution is able to solve this problem effectively on a large scale.
A big Thank You to all supporters. Last week was a good week. Our Pre-Sale ended on 23 March and on-going Public Sale from 24 to 27 March. Listing on 31 Mar at @COBINHOOD Exchange.. Looking forward to another good week ahead.!!!! Thank you all!!!
All of the merchandise —including luxury designer wares such as @chloefashion ankle boots, @CHANEL Le Boy bags, Saint Laurent wallets or chic @ray_ban shades — are not authentic brand-name products but inexpensive replicas https://t.co/WUzCaXZO7R @YSL @Cascadeglobal #counterfeit
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