Araw is a decentralised e-commerce payment ecosystem that aims to ease and improve the access of the regular people to the blockchain technology. The Araw ecosystem has a Unified Reward System focused on rewards towards the customers to create effortless access to the digital currency. As other payment services, Araw will have a payment card which permits the customers to earn ARAW with all the purchases done and use ARAW to pay as well. Furthermore, the Araw Mobile Wallet allows the users to buy/sell ARAW tokens and also acts as an Exchange due to an instant trade of ARAW tokens to other cryptocurrencies (ETH, BTC).
The ARAW token is an Ethereum-based ERC20 token to be a medium of exchange within the Araw network.
Araw ICO began on September 10th, 2018. The ICO token supply represents 70% of the total token supply, so there is a total of 3,500,000,000 tokens available, for 0.01 USD each. The ICO funding target is 2,000,000 USD, the funding cap is 25,000,000 USD and is expected to end on November 9th, 2018 or when the funding cap is reached.
Token Reserve Split (30%):