TANZŌ TANZŌ

TANZŌ

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Last Update

Jun 19, 2018

TANZŌ aims to be the global online marketplace for handmade and extraordinary items. Our main goal is to become a synchronized social platform, based on a completely decentralized trusted system, which ensures that all parties involved in any given transaction are equally protected.
Jul, 2018
Aug, 2018
4% completed
no data
Goal 15 000 000 USD
Cap 3 500 000 USD
ongoing

About TANZŌ

TANZŌ is a first-of-its-kind social marketplace for handmade goods, where crafters are protected and craftsmanship is guaranteed. TANZŌ’s distributed ledger technology ensures transparency within the platform and removes any unfair competition, such as wholesale vendors and listings of mass-produced replica items.
Most well-known e-commerce platforms don’t make it easy for true crafters to sell their unique items at fair prices. Crafters are forced to compete directly with wholesale vendors and traders who sell counterfeit or mass-produced replicas on the very same platform and at much lower prices. Often, it even becomes difficult to spot an authentic handmade item among the volumes of low-quality items that come up in the search results.

TANZŌ’s blockchain-powered identity verification process ensures that only true crafters will be able to sell their handmade items on the platform. It is also a guarantee to the potential buyers that all goods are truly handmade by the actual crafter who sells them.

TANZŌ uses geolocation and timestamp functionality, in combination with blockchain technology, to verify the identity and authenticity of each new crafter, as well as each new item. On TANZŌ, all crafters are real and are selling their own handmade goods under their own name. TANZŌ’s integrated review system relies on the smart contract records from each buyer-seller transaction, ensuring that all item reviews come from people who have actually purchased the item.

Features

TANZŌ business plan:

There are three main components which will define the success of the platform: Sellers, Buyers, and Products. The priority for TANZŌ as a platform will be to keep the growth of these three elements proportional to ensure enough liquidity and interactions on the platform. The medium-term assumptions for active crafters as a median across all categories is to reach 29 sales on average per month.

The TANZŌ team intends to grow organically through customer satisfaction and engagement. Common strategies, such as upsell and cross-sell will not be sufficient. TANZŌ intends to use the power of its community through self-regulation and crowd moderation to increase engagement of both buyers and sellers.

We expect an exponential growth of the user base on a year per year basis until we reach critical mass. It will be critical to attracting artisans from different domains and product categories in order to increase the interest of buyers. 95% of customers look at products ratings before making a purchase decision.

TANZŌ will provide them with additional metrics they can easily identify and understand, such as:

- Quality of product ratings. - Crafter ratings. - Access to comments from other verified buyers.

As the user base grows, so will trust in the platform, and consequently the sell-per- customer rate. A lower fee for the buyers is a key element of the TANZŌ platform. The business plan is based on a maximum fee of 1.5%, it can go down to as low as 0.3% and as much as 35% of all fees will be returned to the platform users to reward the community (see Reward program).

Technical Info

Token economy:

TANZŌ token (TZO) is an ERC20 token. TZO will be used as a utility token for the following platform activities:

- Up to 1.5% fee for the platform - Blockchain transaction cost - Crafter rewards and incentives - Buyers rewards and incentives

TZO is the TANZO platform enabler. The only purpose of the issued ERC20 token will be as a fuel for the platform. The TANZŌ platform will not be able to operate without its native token (TZO). All blockchain transaction costs will be covered via the TZO token.

Being an integral part of the platform, TZO tokens will be used to facilitate product exchange, which in turn will enable TANZŌ's global expansion.

TZO functions as a utility token in the trading and rewarding systems. It is used to incentivize users who continually add value to the community. The TZO encourages cooperative behavior among users in the community, which is an important factor in the organic expansion of TANZŌ.

All fees incurred for activities such as product listings, renewals, and platform commissions on sales and other activities will be based on TZO.

TANZO’s fees are projected to be 68% to 83% lower than those on competitive marketplaces. The fee for a product exchange is as high as 1.5% from the cost of the product and can go down to as low as 0.3%. These fees will be covered with TZO token. No transaction/purchase/product rate or any other platform activity will be done without TZO token.

 

Roadmap

  • Q3 2017

  • Ideation and market research
  • Q4 2017

  • Definition & analysis the market opportunity
  • Q1 2018

  • ICO campaign preparation, Whitepaper, Website, Marketing materials
  • Q2 2018

  • Private token sale, Pre-sale event, Main sale event, Token distribution
  • Read More
  • Q4 2018

  • POC release
  • Q2 2019

  • TANZŌ alpha version release, TANZO v1 platform launch
  • Q4 2019

  • TANZŌ v1 platform launch

Materials

TANZŌ

Activity

Status:
NewbieCopper Member
VERY LOW
Activity:
28
VERY LOW
Merit:
0
VERY LOW
Posts:
478
MEDIUM
Views:
1 699
LOW
Posts:
56
LOW
Followers:
4 310
MEDIUM
Likes:
4 182
MEDIUM
Rating:
4.90
VERY HIGH
Reviews:
505
VERY HIGH
Followers:
5 271
HIGH
Tweets:
36
VERY LOW
Members:
5 964
HIGH
Alexa
Rank:
8 758 243
VERY LOW
Delta:
0
Year commits:
2
Watchers:
0
Stars:
1
Forks:
0
Open issues:
0

Team

Verified 100%

Co-Founder & CEO
verified
Co-Founder & CTO
verified
Business Development
verified
Content Manager
verified
Graphic & Web Designer
verified
Platform Lead
verified
Smart Contract Auditor
verified
QA Lead & Smart Contract Validator
verified
Front-End Developer
verified
IT Project Manager
verified

Advisors

Verified 100%

Advisor
verified
Advisor
verified
Advisor
verified
Georgi Manchorov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
TANZŌ aims to be the global online marketplace for handmade and extraordinary items – from unique handcrafted pieces to vintage treasures.

TANZŌ will also become a vibrant community of real people connecting over their passion for handmade goods. The platform empowers crafters to do what they love for buyers who love what they do.
Vassil Guenov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am an entrepreneur and senior leader with a proven track record building successful software delivery organisations.
Tanzo is my second ICO I will participate into, but the first time as a partner.
I am a strong supporter to DLT technology. As such I believe that Tanzo will have a huge positive social impact on the development of the craftsmanship around the world. We believe that by strengthening the relationship between the crafters and their buyers, Tanzo will bring a piece of uniqueness to everyone.
Svetoslav Georgiev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a person with over 15 years of experience in living and working abroad, at present, I am in charge of the business development part of the TANZO project. Having built a vast network of business contacts from all over the globe over the past decade, my main duties as Business Development Manager include, but are not limited to, (1) liaising with crafters and artisans, potential investors, and other relevant groups; (2) promoting and advertising TANZO to various markets, and more.

Furthermore, as a PhD holder in Operations Management who has studied in-depth the influence of the Industrial Revolution and its devastating effect on the craftsmanship, I strongly believe that TANZO has the potential to promote quality crafts once again and help our society understand better the many advantages of handmade goods over mass-manufactured once.
George Koynov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm proud to be part of a project that is about to bring a much needed disruption to the global online handicraft market.
Nikolay Fenixov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a handicraft lover I'm happy to participate in this project. TANZO has a great potential and possibly a gamechanger for the truly wonderful market of handmade crafts.
Rossitsa Kostova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a Platform Lead, I'm responsible for delivering the ICO Platform that will bring this exciting project to life.
I believe that TANZŌ will have a huge impact on the global handmade market and will provide a solution for various difficulties that people in the crafts industry currently have.
Dimitar Jelev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a blockchain developer, I was tasked with the smart contract verification at Tanzo project.
Emil Monchev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am passionate Software Quality Assurance analyst, happy to be working hands on with blockchain technologies. My role in the project is to test and validate the smart contracts.
TANZO – by chance, I have two good friends who are crafters, one of them creating beautiful self-designed wooden toys, the other unique pottery. When I am telling them about TANZO and what stays behind the platform, I see real enthusiasm and expectation to have such solution very soon. I am also very excited to be part of building the platform.
Milen Georgiev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a Front-End Developer I am responsible for the stability of the interface and my main goal is to bring this revolutionary experience to the maximum amount of people who create, dream and strive for change.
Stanislav Georgiev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am managing the technical implementation of the ICO project.
Saad El Boury
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I have been closely following the evolution of blockchain technology and looking at the potential impact that blockchain will have on the marketplace landscape.
Dejan Jovanovic
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am advising Tanzo in navigating the ICO process, smart contract development and also on the architecture for their blockchain-based solution.
Dimitar Zlatkov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a technical advisor at Tanzo, I support the software team in building the Tanzo marketplace platform.

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