Metoken: The Social Commerce Revolution
Social Commerce is growing faster than traditional eCommerce
- Crowdsale (35%)
- Incentives for marketing the Platform (20%)
- Advisors & team (10%)
- Future verticals & extension of ecosystem (35%)
- Technology/R&D (50%)
- Marketing & Content (26%)
- Business Development (12%)
- Contingency/Other (4%)
- Operations/G&A (8%)
Cost of the token1 token for 0.09 $
Price without discounts
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Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Can you tell us a little about how Style.me came to be? What’s the summary of your origin story?
Style.me was founded in 2015 by Jonathan Leong with the goal of disrupting fashion eCommerce by providing a personalized shopping experience that bridges the gap between inspiration and the current online purchase experience. A friend of Jonathan’s at the time was launching a new women’s couture brand via ecommerce. She was frustrated that her consumers had no way to try on such expensive items before they purchased, risking a very unhappy purchase experience if finally the item didn’t fit or just didn’t look good on them/wasn’t their style. Thus Style.me was born.
How do you use blockchain in your project?
We see a need to utilize blockchain to give back users ownership and privacy of their social media data, and to power the relationship between and properly reward influencers, shoppers, and brands, through tokenized incentives.
Do you have a product already?
Our B2C product utilizing Me Token is currently in development with an MVP to be launched in Q4 2018. However, Style.me’s existing B2B product with the patented 3D scanning and virtual fitting room technology is already live with clients in the US market (www.style.me).
Is Me Token part of your business-model? What are Me tokens and what are they used for?
Me Token is definitely at the core of this social commerce B2C app, powering the relationship between the influencers, shoppers, and brands. Me tokens can be used for rewarding content engagement, giving/getting styling advice, purchase discounts, cross-promoting posts, reward users for opt-in data, and held to unlock influencer earnings tiers.
Does your team have required experience to accomplish roadmap goals?
Our team is coming from the high end fashion industry rather than from a non-industry background. We have a development team in Taiwan and a commercial team in New York, led by a unique leadership team with the unique blend of fashion, blockchain & business execution track records.
Me Tokens be available on exchanges after the ICO?
Me Tokens are target to list on exchanges approximately a month after the ICO.