There are many benefits for both online marketplaces, as well as individual sellers and buyers. Online marketplaces and sellers will now have a much wider audience to sell their goods and services, while buyers will have unprecedented access to an enormous variety of products. And with Fair Ninja’s automated translation tool, language and communication barriers will be erased, allowing for a truly international marketplace. Additionally, using our smart contracts, users will be able to conduct business in a fully secure manner, knowing both products and payments will be delivered.Clearly, Fair Ninja is a highly ambitious project, and not without its challenges. That said, we believe that these challenges will be addressed by implementing an international marketplace with blockchain technology at the center, ultimately creating a self-sustaining global online classifieds marketplace.
Token Details and ICO
In order to fund building the needed infrastructure for Fair Ninja as well as incentivize users, Fair Ninja will hold an ICO to introduce its Yoshi coin starting in Q2 2018. This section provides details of both the ICO and our cryptocurrency.
YOSHI COIN
Yoshi coins are ERC20-compliant tokens based on Ethereum blockchain. Total supply is final and new coins will never be produced. Unsold tokens will be burned.
TOKEN LOGO:
TOKEN NAME: Yoshi
TOKEN TYPE: ERC20
TOKEN TICKER: YSH
TOTAL SUPPLY: 500,000,000 tokens
Value of token: Like other cryptocurrencies, the value of Yoshi coin is expected to fluxuate. Yoshi coin will be calculated in real time as it is being traded on exchanges, and displayed prices will always be in real time as transactions are completed. However, the value of items listed on Fair Ninja will always be expressed in the user’s local currency, be it Euros, USD, CAD, etc.
HOW FAIR NINJA WORKS
Because Fair Ninja is a two-sided marketplace, we will describe how the site functions from both the seller’s perspective and the buyer’s perspective.
For sellers, Fair Ninja will:
1) Automatically import classifieds from top platforms in each country through
partnerships. Sellers on other platforms will also have the option to cross-post
their listings on Fair Ninja. These partnerships will be incentivized through a
profit-sharing program, where the original listing platform receives 1.5% of the
sale (see Fee Structure below) .
2) Allow individuals to post on goods and services for sale directly on Fair Ninja.
Additionally, Fair Ninja will capitalize on advanced technologies to make listings highly engaging, including artificial intelligence for automatic product recognition, 360⁰ camera app integration, and many other cutting-edge features. And by offering a truly international marketplace, sellers will potentially expose their products to a much larger audience of prospective buyers.
For buyers, Fair Ninja will operate similarly to other online classified platforms, at least on the surface. However, there will be a number of features that will make finding and using the platform more fluid.
THE FAIR NINJA BUYING PROCESS
1) Buyer searches for product and contacts seller to confirm availability and ask other questions.
2) Seller responds positively or negatively; if the product is no longer available, Fair Ninja automatically removes the listing.
3) If the product is available, buyer and seller negotiate a deal over price and delivery. Once details are finalized, the buyer chooses a payment option and sends coins to the seller’s wallet.
4) The payment is on hold until the transaction is fully completed to each party’s
satisfaction.
5) Seller sends the product to buyer.
6) Buyer confirms the product is as they agreed.
7) Scenario A: Buyer is happy with the product, payment is released and on the next block sent to seller; the transaction is complete at this point.
Scenario B: Buyer is not satisfied and returns the product. Once seller received returned product, buyer’s coins are returned. If the product isn’t returned within 14 days, the seller will keep the funds.
8) Buyer and seller rate each other and earn rewards points.
Additionally, there are several features which will benefit both sellers and buyers.
These include:
User Rating System: Buyers and sellers will be able to rate each
other based on their experience.
Intuitive and user-friendly services: Offering a user-friendly
design across platforms is a top priority for Fair Ninja.
Optional Anonymity: Buyers and sellers can opt to remain
anonymous, or they can choose to have their identity verified to
create an on-platform trusted brand.
Flexible payment options: Both buyers and sellers will be able to
benefit from being able to conduct transactions using
cryptocurrencies, ensuring that neither will need to transfer funds
back and forth between fiat and crypto.
Safe trading: Fair Ninja only transfers the money to the seller’s
account only when the buyer confirms receipt of the product,
which is reinforced by the user rating system described above.
Token Distribution:
Two percent is reserved for bounty and referral programs. 3% will be given to our advisors and their coins will be locked for 12 months. Team will receive 15% of coins,and coins will get locked up for 12 months. 10% is reserved for our current and future partners. 20% is the reserve found for future ideas, development and business movement, locked up for 12 months. 60% will be available during token sale.
PERCENT TOTAL TOKENS ISSUED
TOKEN SALE 60% 300.000.000
RESERVE FUND 10% 50.000.000
PARTNERS 10% 50.000.000
TEAM 15% 75.000.000
ADVISORS 3% 15.000.000
BOUNTY PROGRAM 2% 10.000.000
Allocation of sold tokens:
PERCENT
MARKETING & PR 67%
RESEARCH & DEVELOPMENT 15%
EMPLOYEE SALARIES 10%
CONTINGENCY 5%
LEGAL & FINANCE 3%
MARKETING
At Fair Ninja, we recognize the need for a robust, integrated marketing campaign
to support the platform launch. To achieve this, we have identified the following
marketing opportunities we intend to pursue:
• Produce and run Fair Ninja ads on leading TV networks across Europe
• YouTube advertising
• Newsletter mass mailing (Note: We already have an enormous client base
from our other businesses containing over 5 million e-mails)
• Google search and display advertising, including on other classified websites
• Retargeting campaigns
• Participating in and sponsoring relevant classifieds/ecommerce/cryptocurrency
conferences
• Speaking opportunities at conferences designed to raise awareness of the
platform and the challenges we are looking to solve
Timeline Ninja Fair
Fair Ninja logo
2018.
January, 2018
IDEA/CREATED FAIR NINJA INC.
Quarter 3, 2018
ICO OPENS
Quarter 4, 2018
START OF PLATFORM DEVELOPMENT
Quarter 4, 2018
FIRST CLASSIFIED PARTNERSHIP
Quarter 4, 2018
EXCHANGE LISTINGS
Fair Ninja logo
2019.
wave background
Quarter 1, 2019
PRESENTING VALUE OF PRODUCT THROUGH INTENSIVE MARKETING
Quarter 1, 2019
START OF WEBSHOPS PARTNERSHIPS AND MORE CLASSIFIEDS PARTNERSHIPS
Quarter 2, 2019
RELEASE OF FAIR NINJA PLATFORM AND MOBILE APP
Quarter 2, Quarter 3, 2019
GEOGRAPHICAL EXPANSION OF FAIR NINJA
Our Team Ninja Fair
Fair Ninja has pulled together a team of experts in online classifieds, web application development, and cryptocurrency. Following are the bios for each team member.
Zeljko Hudoletnjak
Founder & CEO
Zeljko is the founder of Fair Ninja and the Chief Executive Officer of Oglasnik, the biggest classified platform in Croatia. A seasoned entrepreneur, Zeljko excels at identifying opportunities for growth, innovation, and optimization of personnel and processes. His proven success record is most evident in his work as CEO of OGLASNIK group. From hardware optimization, to new marketing plans, and the refinement of visuals and editing across the print and digital publishing business, Zeljko illustrates a unique capacity to envision a business’ future while also addressing its current challenges. Founder of five companies, Zeljko’s career demonstrates a commitment to delivering change through unique products and projects.
Hrvoje Lozancic
CTO of Fair Ninja
CTO at Gauss development, a company with a track record of delivering high quality IT projects, Hrvoje is a great team leader specialized in program architecture and complex problem-solving.
Sebastijan Placento
Blockchain Developer
Currently working as head of e-commerce department and back-end developer. Sebastijan has experience using HMTL, CSS, JAVAScript, JQuery, PHP, and MySQL. He also has experience in the following areas: ZEND, SQL, Ajax, OOP, VB, C, C++, C#, ASP and software design and testing.
Aleksandar Beric
Project Manager
A crypto-enthusiast, trader and investor with a programming background, Aleksandar has extensive knowledge of Java, Python, C++, SQL. He brings analytical approach to subject and posseses good organisational skills.
Hrvoje Kovacicek
Designer
Hrvoje is a UX/UI designer with startup experience creating elegant, engaging, functional assets and interfaces. He also has intimate knowledge of the following web development technologies: HTML, HTML5, CSS, CSS3, JAVAScript, and JQuery.
Our Advisors.
Ivan Lozancic
Advisor
Ivan is the co-founder of Gauss, and has experience running a high-profile company and managing a staff of nearly 100 employees. Ivan has overseen various projects from concept to realization and always strives to maintain the highest standard of quality and control.
Ivor Miskulin
Financial Advisor
Co-founder of a private company, Ivor has proven to be skilled at developing brands and marketing strategies.
Ivor has a bachelor’s degree in Economics from UC Santa Barbara, as well as a master’s degree in Business Administration and Finances from the University of Washington.
Brigham Ricks
Legal Advisor
Founder and CEO of Pennywise P2P and managing attorney at IUURI Legal. More than 15 years of international legal experience.
More Information Contact :
Website : https://www.fairninja.com/
Whitepaper : https://www.fairninja.com/whitepapers/fairninja_whitepaper_engl.pdf
Twitter : https://twitter.com/fairninja
Telegram : https://t.me/fairninjaico
Facebook : https://www.facebook.com/fairninja/
Instagram : http://instagram.com/fairninja
Author : Upik05
My profile bitcointalk
https://bitcointalk.org/index.php?action=profile;u=2205131
Address wallet
0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4
ProjectReviewBitcoin99 