The world is struggling with the enormous problem of counterfeit products. The falsification of the clothes of the best brands such as Adidas, Nike, Louis Vuitton, Zara, Chanel, Puma etc. Our solution to this problem is to generate an NFT (Non-Fungible Token) and give it to original products.
According to statistics, the clothing industry lost over 26.3 billion euro in 2020 because of the sales of counterfeit products. In addition, the global counterfeiting industry is estimated to reach 4.2 trillion dollars by 2022.
Sales losses from counterfeit goods worldwide in 2020, by retail sector (in billion euro):
Source: https://www.statista.com/statistics/1117921/sales-losses-due-to-fake-good-by-industry-worldwide/
During the conference in Dubai, we received a lot of inquiries about the scalability of our blockchain ecosystem and the possibilities of “corporate,” i.e., mass generation of NFT tokens for products, e.g., brand clothes, watches, jewelry, accessories, etc. original products.
Our solution
Our solution to the problem of mass product falsification is to generate an NFT (Non-Fungible Token) and give it to genuine products. In a simple way, the buyer of the original product will obtain a certificate of authenticity of the purchased product. A simple NFT scan will be enough to check it. It will be the only authentic and independent product certificate, e.g., clothes. The original product and certificate of the product will appear in a dedicated application.
Skey Network introduces a new product on its own blockchain — a dedicated platform for creating branded, unique NFTs. Skey Network’s Blockchain has the cheapest smart contracts available on the market. Our blockchain has the unique ability to broadcast massive amounts of NFT. Mainly for IoT devices, but also for products such as original jewelry, accessories, or clothing of well-known companies, which are most exposed to counterfeits.
Our offer is unrivaled due to the unique technological and process properties of our blockchain and Skey NFT, as well as due to low transaction costs. These features definitely distinguish our offer. Even generating millions of NFT, Producers will not even feel high costs compared to other blockchains. It is the cheapest platform on the market that allows you to generate millions of unique NFT at a very low price.
The most important details:
- NFT security for original products.
- Lowest transaction costs.
- Solving the problem of mass counterfeit.
- Simple and massive NFT generation.
- Providing a certificate of authenticity
Creating your own NFTs has never been easier. Thanks to the new platform, every brand, corporation, or entrepreneur will easily and quickly create their own NFT on the SKEY blockchain.
More details will be available on December 21, 2021. 🔥We will also prepare a dedicated ama devoted to this topic.
Main Page➡️https://skey.network/
