Re: [ANN][TGE] OriginTrail (TRAC) - First Purpose-Built Protocol for Supply Chains
Hello!
I would appreciate a more simplistic explanation of your utility token. Who would be your customer and why would they buy your token? Is it meant for an end-consumer who wants to check if something really was made in let say Sweden instead in China? Or is it meant more for supply chain stakeholders to make some sort of inventory checks? Sorry, really bad in this field and is hard for me to understand the scope of it
Additional, what is your business model? One part is obviously selling tokens. Are there any additional revenue streams planned?
Thanks!
I would appreciate a more simplistic explanation of your utility token. Who would be your customer and why would they buy your token? Is it meant for an end-consumer who wants to check if something really was made in let say Sweden instead in China? Or is it meant more for supply chain stakeholders to make some sort of inventory checks? Sorry, really bad in this field and is hard for me to understand the scope of it
Additional, what is your business model? One part is obviously selling tokens. Are there any additional revenue streams planned?
Thanks!
Thanks for your interest! OriginTrail is a protocol, so our main targets for use are supply chain stakeholders as well as developers that can build decentralized apps (dapps) on top of it. One of the possible apps can be made also for end-consumers to check the origin of the products. But the consumers do not necessarily need a token for that - companies that benefit from this solution can pay with tokens to nodes. Inventory checks are also one of many possible solutions.
Additional revenue stream can be developing apps for companies on top of the protocol (but it will also be open to other developers). More on that will be published soon in a blog post.