Freldo – a Reliable Service for Small Business
Small business produces most of the US GDP and almost a third of Canada's GDP. These are individual entrepreneurs or companies with a staff of up to several dozen people who mainly work in the services sector and offer them at the local level. A favorable environment stimulates the growth of this segment of the economy. But on the other hand, this creates a high level of competition. Therefore, entering the market requires considerable effort and resources.
To reduce costs, entrepreneurs use special sites, but they are not without shortcomings:
• the high level of commission fees;
• the lack of confirmation of the quality of services provided;
• limited opportunities to qualitatively represent your business;
• technical imperfection (for example, lack of means to automate the work of the online store);
• the high cost of an effective marketing company.
Description of the platform
Freldo was formed in 2011 in Toronto. They created a platform - connecting a social network and a trading platform, allowing to unite representatives of small business and their customers, which are close friends and acquaintances. The goal of the project is to eliminate all the problems that entrepreneurs face online.
The functionality of the platform is the following:
➢ Search- has a wide variety of filters (for example, Rating, Price, Category, Distance from your location). In addition, business representatives can tell about new offers, discounts, promotions through news;
➢ Reward - you can get a bonus certificate for an invited client or an objective review. Subsequently, it can be used to pay for services;
➢ Affiliate program - after registration as a partner, users receive a referral link. If a new member uses it to register, the partner will receive a percentage of transactions made by the new client;
➢ Ratings - are the most important component of the project. The whole network is built on trust, so it is imperative that each review or description of the goods correspond to reality. Only estimates of those people who have already used their services will affect the rating of the entrepreneur, while the client data will be closed for viewing;
➢ The order status;
➢ Dispute resolution - the simplest procedure will be used. Perhaps the employee of Freldo will act as an arbitrator.
Now the platform is available at http://freldo.com, but soon it can be used with the mobile application Freldo App.
Also, it is planned to introduce the blockchain and smart contracts technologies in the near future. This will ensure a high level of data security and simplify the transaction procedure. Payments will be accepted in PayPal, BTC, ETH and the internal cryptocurrency Freldo Coin.
ICO Details
The name of the system token is Freldo Coin (FRECN). You can buy it for ETH through a smart contract. It is planned to attract 40 thousand ETH in total, with the rate being 0.0002 ETH for one FRENC, and the minimum amount of investments is 0.02 of the Ethereum. The sale of tokens is divided into two phases:
• Pre-ICO – runs from 16/07/2018 to 16/08/2018 with a 50% bonus. At this stage, 10% of the tokens will be available;
• ICO – will be held from 17.08.2018 to 17.09.2018 and has the bonus structure presented below:
A total of 800 million FRECNs will be issued, which will be distributed as follows:
Funds received during the ICO will be spent on:
Conclusion
The company exists for a long time and has already managed to get its target audience. Nevertheless, it seeks to develop and expand. The implementation to the blockchain platform will give it all the advantages of this technology: reliability, transparency, low commission fees. Investing in Freldo Coin has many advantages over the other financial instruments. For example, the growth of the bitcoin cost was provided by its innovation, but now the market has come up with many worthy solutions, and the interest in it fell thus lowered its rate. For 6 years, Amazon shares have grown tenfold, but this success relies only on one company. Freldo relies on the full range of services provided and on the work of a large number of entrepreneurs. Therefore, this is a very reliable and promising investment.
ICO [16.07 - 17.09]
ICO: http://ico.freldo.com/
Website: https://freldo.com/
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2044942
Eth address: 0xF6505afA3dA59e702dBD00A1dE54be8B656ADCf2
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