StopTheFakes is a Blockchain-based decentralized service that aims to detect forgery and infringement of intellectual property rights created on the platform of the Ethereum smart contract. Blockchain technology has been implemented using open source licenses. This project has its own token, which is the only payment method in its framework. The basic idea is to build a truly transparent and reliable system that can transfer data from users to rights holders. The team is responsible for providing the necessary infrastructure and incorporating those who want to know about violations of their rights and those who can provide them with this information because of their geographic location or other factors.
The team's mission is to create a global system that facilitates wars against counterfeiting and piracy around the world. Their goal is to minimize the cost of detecting violations and to help brand owners to deal directly with consumers. A fight against intellectual property infringement will result in reduced advertising costs and increased profits for law-abiding companies while hitting highly organized crime.
Market and Industry
Counterfeiting and infringements of intellectual property rights
Marketers estimate that companies will spend $ 547,370 billion on advertising goods and services in 2017. These expenses are not cost-efficient, though. According to the Organization for Economic Co-operation and Development (OECD), counterfeits worth $ 461 billion will be sold in the world, and this is only a low estimate. Havocscope, a project specialized in the study of the black market, reports that the volume of counterfeit medicines alone amounts to some $ 200 billion.
Some experts evaluate the upper threshold of losses at $ 1.7 trillion. The sale of counterfeit products, copyright infringement and illicit use of commercial brand names is the primary source of income for organized crime. These activities generate income that exceeds that from drug and human trafficking, prostitution, and illegal gambling combined.
TOKEN SALES
Pre-ICO
- Start date: January 21, 2018 (9:00 PM EST Time)
- End Date: February 21, 2018 (9:00 PM EST Time)
- Number of tokens available: 1 305 000
- Currency received: ETH, BTC
- Token exchange rate: 1 ETH = 520 STFcoins
- Minimum purchase in Ethereum: 0.1 ETH
- Minimum inner purchases in Bitcoin: 0.01 BTC
Bonus:
- Day 1-2: + bonus 40%
- Days 3-10: + 30% bonus
- Day 16-30: + 25% bonus
ICO
- Start date: March 21, 2018 (9:00 AM EST Time)
- End date: April 21, 2018 (9:00 PM EST Time)
- Number of tokens available: 20 271 000
- Currency received: ETH, BTC
- Token exchange rate: 1 ETH = 520 STFcoins
- Minimum purchase in Ethereum: 0.1 ETH
- Minimum inner purchases in Bitcoin: 0.01 BTC
Bonus:
- Day 1: + bonus 15%
- Day 2-10: bonus + 10%
- Day 11-20: + 5% bonus
- Day 21-31: bonus 0%
ROADMAP
- June 2016 The Idea of the StopTheFakes Project
- September 2016 Service concept formation
- December 2016 Copyright protection analysis
- April 2017 Building token sale and blockchain development team
- May 2017 Negotiating on the service use terms with potential applicants
- July 2017 Development of the ERC-20-based token sales official website
- September 2017 Launching token distribution website
- November 2017 Community development, involving experts, spreading the idea
- December 2017 Launching service prototype
- January 2018 Launching the mobile app prototype
- January 2018 Token sales promotion stage
- February 2018 Alpha v.0.1 service release, its testing and debugging
- March 2018 Main stage of token sale
- March 2018 Main development stage
- April 2018 Submitting token to the stock exchange listing. Initiating bidding
- April 2018 Launching Android app available for download
- May 2018 Google Chrome launch and Opera extensions
- May 2018 Security audit. Vulnerability scanning
- June 2018 Service launch; hitting first 5,000 copyright violation detections
- June 2018 Launching iOS app available for download
- July 2018 Launching Mozilla Firefox add-on
- August 2018 Engaging in close collaboration with major producers. Agreement signing
- September 2018 Reaching user count of 850 000 and a total of 40,000 breaches detected
- June 2019 Big Data implementation. Expanding the range of services for Applicants
- August 2019 Аudience building. A total of 400,000 copyright infringements detected
OUR TEAM
OUR ADVISERS
That is a brief explanation of the project being done by STOP THE FAKES in counteracting the fraud that is now more and more circulating in all aspects. If you are interested to join or above you can open WhitePaper and OnePager documents or any want to interact directly with the personal team who is ready to help LINK is below.
For more information:
Website: https: //stopthefakes.io/
Whitepaper: https: //stopthefakes.io/docs/WP_En.pdf
Twitter: https: //twitter.com/StopTheFakes_io
Telegram: https: //t.me/stopthefakes
My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
My ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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