Introducing
Hello everybody !
My name is Mickey, also known as Tezkatlypoka from Reddit, and I would like to shown you my own gathered information about great project which will have its own ICO very soon, the Seal Network.
The purpose of this post is to provide you with further information if you already know about this project a little bit. If this is the first time you are reading about Seal, please consider to take a look on this article which is full review from well educated guy EvilMonkey - Seal Network ICO Review - New kid on the Anti-counterfeit Block(chain) looks to be the Real Deal
If this is the first time you are reading about the Seal project, let me introduce you in a whole story just a little bit. Seal vision is to put a special chip inside the luxury or quality handmade craft to protect and garant its authenticity. If you want to buy a lady handbag by Michael Kors or already used Imac which is being selling on internet auction, you will probably have to pay a decent price for it because it should be good original product from world wide famous brand, right? But how can you be so sure that your money has been used for purchasing of original product and that your money has been used not as a support for a brand or person you like and admire, but for a fake that looks so real, that maybe you don't even bother. But that's the point. Some people cares, some does not. And people who cares are as well the people who by giving their money for some kind of product sending also a personal message to the brand of their choice that they are supporting that one particular craftsman, that one particular tailor or that company with a half bitten apple in their logo. It is not always about a money , but about fact that your wish to be a part of community and a dream that you have finally something you adore, has been cheated. I know that if people wants a luxury good , they will go to luxury sore. If they want to buy a fake, they also know where they want to find it.
Seal network will be a true competitor to another successful project like Wabi or Vechain, but in my eyes Seal add an value to the customers side also and empowers the whole thing with a little bit more grace that these two solid projects, who already rushed into cryptocurrency field next year.
I am intrigued by this project, not because their vision is to protect the customer and the brands, but also because they have a working product which is already in use by first customers. It is powered by superior new technology that uses NFC chips synchronized with blockchain technology. Another feature is that it allows product authenticity and provide additional value and information about the product, such as product history or an ambient temperature . Such technology doesn't have a true competition at this time.
Are you my friends and dear readers interested interested yet ? If you think that this is not so big deal after all, maybe you would be interested in a fact that one of the most succesfull Youtuber Michael Suppoman put a brief mention in his few hours old life stream with a Label: One of the TOP 3 ICOs right now and you an easili see that few secons of glory in the link I have just mentioned.
So do You want to know more about this little gem ? :) I see, so Lets bring some action from the back section !!
Raw Facts
Here you have all links which could be helpfull to you If you are considering to"DoYourOwnReasearch"
Why is Seal better than competition ?
Look, in this paragraf I will share my own opinion why is Seal better than a competition right now and what is a major plus for me as an Investor. Need to say that if you are ambasador of pure Seal competition, it could be a little bit hard to swallow,I know ,but I am not saying that competition is helpleses. Not at all.
Seal has SUPERIOR technology. They use super secure NFC chips which are smaller, last longer and are harder to hack. Vechain and Walton use RFID which is old tech.
Seal is a Dutch company. The others are Chinese companies. Which major brand will want to trust anti-counterfeiting with a chinese company?! Still, Chinese companies can be very good indeed, but my point is here: "Seal is a Dutch company. The others in game are Chinese companies, do you see that as an advantage for brands that they can choose a European company over Chinese based companies?"
Seal has a working product. They are actively onboarding clients. There is no Alpha, no beta. It is production! Those are the top 3, but another thing is If Seal is ONLY 25% the value of Vechain(which is good looking competitont to Seal in my opinion) this makes it about 10X! So if this is something that creates a smile upon your face, go directly in and sing up for grabing few tokens https://token.seal.network/
Also you can add +10 Resilience in you Head and Shoulders meta socket here:
10 Reasons why you should invest in Seal network
Story about Vechain
If you like the Vechain for example more than the Seal and you are quite a fanboy of counterfeit technology like Wanchain,Wabi and so on and so for, take a look at it as this is another great investing opportunity.
Let me show you a row conversation inbetween me and my friend Connor (the last of McLoud/Leod)
Ya but tell them to look at vechain and what they did. this is a second chance to invest in a project like vechain at pre ico stage... if Seal gets half the market cap vechain does we'll all be rich…
I love that comment... "BUT VECHAIN IS BETTER"
- Its not... tracking is sexy but Seal can do the same.
- Ok let's that Vechain... let's say they are TWICE as good as seal.. that gives seal a market cap of $750,000,000 and a price of $1.52 and a return on presale of $0.065 of 23X.
Don't ask them why it's better.. they will go on about bs reasons... point out that the counterfeit industry is a MULTI TRILLION dollar industry... plenty of room for competition and many successful brands like seal and vechain
It could not be hacked very easy!
If your statement is the same as a name of this parahraph than Seal answer to you is this:
We use dynamic nfc chips (not rfid, rfid is completely insecure and has a WAY shorter life span), dynamic meaning they change their state when interacted with. Any chip can be copied, but it'll be out of sync on the blockchain and can say the product was tampered with or a copy exists if it. Or even prove that one is authentic and one is a copy.
The NFC chip changes state when it is scanned and yes everything is on the blockchain so it can’t be duplicated.
They dont have any prototype YET !
...Haha...yeah, it is sighty better than that, They have already working product, tested in field by first customer
Seal is not just an idea, it already has a working product, and only needs to focus on acquiring customers. They already have a deal with a well known Italian vineyard named "Gualdo del Re" with many more to come.
This formulation comes from another steemit article which is avaible right Here
Rest from readding - Video Section
Few videos are already there on youtube and you can meet them here and there across Facebeook groups or Telegram sections. I have got new information, that their own Educational campaing will be annoucet soon.
I give you few links as a bonus for your vehement attention which was prooved here :)
Since we are not in Cinema at all, lets move to another facts, shall we ?
Other facts
- The dynamic chip feature is a major plus & a unique feature
- Long vesting period for reserve tokens
- Members of ethereum alliance
- Members of antifraud alliance, REACT.ORG, in Europe.
- Founder of REACT is an advisor for seal, Max Blom Sr.
- Chief Information Security office & former CEO of NXP AND Phlips are also advisors
- The list goes on...moon….mont lambo…(haha Mickey edit :) )
- It is er20 token running on ETH blockchain but they will have its own blockchain in near future, with possible Master Node’s or Proof of Stake.
- They can use their own app (i.e. Nike) and use API's to call onto our platform
- ICO Tokens will be distributed immediately
- The nfc chips last 30+ years and it is in mode: Read only (to this moment)
- With various different inlays we can do other cool things such as: Measure the ambient temperature)
- Partnership with NXP in progress, NDA is signed by both parties. Official partnership still needs to be announced (NXP semiconductor chips)
Summary for average Joes who don't like the WhitePaper reading
Let me offer you few FAQ facts from the official wp. Everybody is bussy thesee days, right ? So who has got a time to read the whole thing! :)
Quality of the team - Heroic will, easy accessibility, fun to talk, very picky on their team members. https://prnt.sc/ixxz9o
Total ICO CAP $33.3 million
Prototype - no prototype, working product with first official customer (Gualdo del Re in Tuscany, Italy.)
Roadmap hits - Q2 Setup partnerships with chip suppliers. They say they are under NDA with NXP. They do have two NXP team members as advisers.
Q2 Hire new team members. They should be doing this as soon as the ICO or pre ICO is over as they will have available funds.
Q3 2018 they claim is when the first commercial products will be deployed to the seal network. That could 6-9 months away.Token prize in ICO and token burn - Pre-ico price depends on the amount spent, and is the ETH equivalent of between $0.068 and $0.08. They don't burn the tokens, but actually offer a better solution! Seal will distribute all unsold tokens proportionately to all token sale participants at the end of the token sale.
Ending phase
This article published at Steemit is slowly running out of its steem, so let me finish this post with few words of the Vice President of the Seal network, mr. Michael de Blok
Michael de Blok | VP of Seal USA:
We use NFC chips over RFID chips. The Chips we use are virtually uncrackable in current day computing. RFID chips are also very easily copied. Our Dynamic NFC chip changes state every single time it's interacted with updating the correct key on the blockchain. So even if somehow our chip got copied it would be out of sync on the blockchain, causing a tamper on the product.
Products can essentially be claimed by an owner now and put on the blockchain stating their ownership. The meeting we had earlier this week with the ABN-Amro bank in the Netherlands showed their interest in this feature for their anti-insurance fraud team. It's now possible to see the entire timeline of a product of who has owned it, making collectible items instantly valuable and recognizable.
To hook into the former point, we have a way to monetize products on the secondary market, this is where our true power lies and completely differentiates us from the rest. Not only do we provide proof of authenticity on a product, we enable brands to keep earning money on their products after they've been sold over and over again. This works particularly well with collectible items that trade hands often.
Our entire ecosystem relies on the token, with every transaction a piece is burned, creating scarcity while adoption and demand increases. We aim to be the currency of authenticity, effectively providing the exchange of goods through our token. I.e. where people buy their secondhand market items via Seal tokens which validates authenticity and currency.
Another problem we solve is anti-theft, when buying items it's not always known if the person selling it is the actual owner. Buying stolen items sold through a 'fence' is actually punishable in certain countries. Let's say you want to buy a specific item and you meet with the person in question, his name is Larry. You scan the object and it says the owner is Kevin, instantly you can figure out that something is awry and opt not to buy it then and there. You wouldn't be able to claim the item as your own since Kevin is still the owner. In the reverse position, if an item of yours got stolen and you had claimed it and marked it as stolen. The next time someone tries to claim it, we would know who had seen it last and be able to notify the authorities of the stolen item. We could grab a plethora of information regarding the person who scanned it, this is scheduled later in Q4/Q1 2019 since privacy laws are involved.
We're the only blockchain technology company in the International Anti Counterfeiting Coalition (IACC.ORG USA Based). One of our advisory members Max Blom Sr is also the Initiator/Founder of REACT.ORG (EU Based). REACT is The Anti-Counterfeiting Network that spans 90 counties and only has brands in it. Additionally, we're also a member of the Ethereum Enterprise Alliance.
We provide the brands full tracking of their products in which they will be able to stop midnight shifting and parallel trades as well as give them insights and analytics into their products into which they usually wouldn't have.
For the competitors it's all about supply chain, for us it's all about the consumer and customer. It doesn't stop at PoS, this is where it starts for us
We have a finished product that works and is ready for market, our business development team is actively engaging brands to onboard them.
We fully believe in our product and our team, so much so that we've put our money where our mouth is. The company reserve is locked for 1 years, after that it is slowly released over a period of another 3 years. A Total of 4 years. Unlike some other competitors that have over 60% of the reserve with zero vesting.
Thats is all from mr. Michael for now, but if you have enjoyd this reading so far and you are intrugued to know more about this person and about his vision, I have a good news for ya all.
I am currently working on quite an In depth Interview with Michael de Blok and it shoul hit the shalters of the Steemit next week.
And If you are sad a little bit that this article of mine is commin in to its end, dont be and read a summary of possible competition of the Seal network, which is originaly written in the post of the EvilMoneky I have mentioned at the beggining of this article.
So Jesse, tell us budy :
Jesse`s summary of possible competition
DYOR as there is just too much for me to cover here.
- Vechain
Vechain has a very similar basic concept but a completely different business model. I think both companies can exist in the same space and the brands will decide who they want to use and what model fits their product better. The other main difference is they will be using RFID (currently) and are more focused on a supply chain model and is much more complicated. They are more about tracking and authenticity where as Seal is more about focusing providing the more secure authenticity, but at the same time adding future value to both the brands and consumers.
- Walton Coin
I can't say much about Walton as they never seemed to really know what they were doing with their tech. It seemed initially they were sort of like going to be competition to iota? I am not really sure what they are doing now so DYOR. Again I think Seals business model is vastly different.
- Wabi
Wabi is quite similar to seal in some aspects. It is reasonably simple and uses RFID with antennas. It is focused on milk powder and other food and wine products to start with. Their model is not as appealing to consumers and brands as seal as it more just provides consumers with authenticity and focuses on its token's being a currency.
- Origin Trail
I don't see these guys as a competitor. I researched them and found it really unclear what their vision is. From what I could work out origin trail is kinda of like the back end platform and could actually support all of the above. From a security and simplicity level I think it's easier to just bypass OT and build your own. They claim to be focused on tracking from origin (including specifics about the farm it came from etc) to consumer but its really tricky to find out the actually find out how and what from all their documentation at the time I researched it.
- Modum
This is more a platform that can interact with IOT devices such as NFC and RFID chips. They are more focused on supply chain and tracking goods from their origin to point of sale and ensure the integrity of the goods. Namely they will use temperature sensors to ensure they goods never got above or below certain temperatures. Again I think they are in a different space to seal and could actually work together.
- Ambrosus
They are more focused on food and medicine and supply chain. While Seal plans to target fine wines etc they are not really focused here. I see these guys more as a competitor to Modum. I advise you to look for other competitors as there are some out there. I think there is room for all of them in the in the current environment as the space is so huge and they all focus on different areas. Seal a Strategic partner with TBWA\Mobile Strategy. Our partner is a unit of Omnicom Group, the world’s largest advertising agency holding company. You may be familiar with their work for Apple. Seals partnership with NXP is currently under NDA so at the time of writing this I don't have any information about that but you can check on the telegram to see where they are with that. From what they are saying it seems almost like a done deal.
Hope this helped you to consider investing in Seal Network
Epilogue and acknowledgment
Thank you everybody for your kind reading and congratulation that you have made it till the end! My apologies for my vague english skills. I will do some workouts, I promise :)
Your reward for getting to the end:
"One day, you will be with your missus walking down Sunset boulevard with your Armani suit and Nike beeny hat on, saying to her, boy i am glad i interviewed MdB. Seal made me rich"