THE SOLUTION TANZO FOR INVESTOR

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TANZŌ is the first social platform for artisans HandMade. Their work will be protected with the support of innovative smart contracts. The market for hand-held goods has increased threefold since 2008, at the time of dawn, the turnover rate exceeds the mark of $ 100 billion and every year this figure increases by 10/15%. Last year alone, India allocated an investment of $ 5.4 billion in this successfully developing sector.

TANZO is a social market based on blockchain technology for handicrafts. The team, with the help of artisans, easily created and developed their own store profile and lists their handmade products for sale. The TANZO community supports the TANZO token reward system, Ethereum Blockchain-based markers designed to power a project, stimulate the development of the platform and create wealth in the community. TANZO distributed accounting technology provides transparency inside the platform, making it open and safe for buyers and craftsmen. It also simplifies the process of purchasing and providing transaction costs.

THE SOLUTION TANZO

Why Blockchain?

When blockchain meets e-commerce, the result is a totally new paradigm of exchanging goods for value. The most obvious challenges solved our lack of trust, fraud, slow transactions and other costs related to middleman charges. There are multimillion dollar companies which exist only to guarantee that money will move from hand to hand given that some conditions are met. Immutability and the low cost of the transactions on the blockchain are key properties, which will eliminate the need for these service providers.
By integrating cryptocurrencies as a payment method, all transactions are carried out directly, without going through a middleman or currency conversion. The smart contract implementation on the blockchain makes for very fast and extremely secure transactions.
The smart contract executes the payment only when the crafter confirms that the item is available and chooses to sell it to the buyer. Thus, TANZO gives crafters the power to deny some purchases based on the buyer’s rating, a problem with the validity of the shipping address, or for any other reason.
Using blockchain ensures a secure purchase system: Any buyer can receive a refund within 14 days* of receipt of a product and the refund is issued in the same method used during the initial date/time of purchase (either in cryptocurrency or fiat).

How TANZO helps crafters?

TANZO is a first of its kind digital marketplace for handmade goods, where crafters are protected and craftsmanship is guaranteed. TANZO’s distributed ledger technology ensures transparency within the platform and removes any unfair competition, such as wholesale vendors or listings of mass-produced replica items.
Crafters receive payments in the currency of their choosing, including cryptocurrency.
Crafters have the option to pair one or more of their external social media accounts with their TANZO account.
Every time they post a new product or an update on TANZO, their friends and followers on social media can see it.
By fostering a social marketplace, TANZO creates a loyal customer base for each crafter. Social elements (Follow, Like, Share) will help crafters get noticed both on TANZO and on other connected social media platforms such as Facebook and Instagram.
Crafters have the option to register as participants in one or two guilds or other types of organizations. Incentives will be rewarded by the platform based on the number of crafters an organization brings in. This is how TANZO intends to provide wealth within the organizations. Such incentives will be allowed solely for the promotion of the organization’s activities. Crafters will, in turn, be indirectly incentivized by their guild’s activities.

Why buyers will use TANZO?

TANZO will become the safest marketplace for handmade goods on the internet. TANZO’s blockchain-powered identity verification process with biometrical confirmation will guarantee that all goods are truly handmade by the actual crafter who owns the corresponding TANZO digital storefront account. This increases buyers’ confidence and trust level while shopping on the TANZO marketplace platform.
In addition, buyers will be rewarded when participating in social activities on the platform by receiving TZO tokens. TANZO’s integrated review system will rely on smart contract records from each buyer-seller transaction, ensuring that all reviews come from people who have actually purchased the item.

Awards for artisans:

• Upon registration, each seller receives a certain amount of TZO. These tokens can only be used to cover platforms for his / her first costs.

• The first sale of artisans earns 1% in TZO. In principle, this is slightly less than our commission.

• Sales for a certain amount. If total sales reach certain stages, such as> 1000 or> 10,000 dollars, the seller will receive TZO bonuses.

Reaching a certain number of followers or “love”

For every 1000 people who like the product, the tracker receives an award in TZO. A similar bonus is also awarded for every 1000 followers.

• Buyer Rating After the sale has been completed and the money has changed hands, the seller can evaluate the buyer. The reward will be distributed for rating. The seller may rate the same buyer only once every 30 days.

• Maintaining a high rating Artisans will receive a TZO award each month when they maintain a rating above 95%.

• The Mastercraft TANZO status provides additional incentive for artisans who hold a large number of TZO tokens in their wallet, reducing their listing and transaction fees.

An artisan can receive promotions in TZO from everyone on the platform, for example, from satisfied customers or from fans of his / her work. These savings will accumulate and be transferred to the craft, upon reaching 10 dollars. Coins can only be used for actions on the platform. An artisan may lose his rewards if his rating falls below 80%. If the tips are not used for 90 days, TANZO will use them to encourage others on the platform.