The World's first integrated

E-Commerce and Supply Chain

Ecosystem powered by
Blockchain.

WWW.VANIG.IO
WWW.VANIG.IO
Table of Contents

Notices and disclaimers 2

1. Executive Summary 3

2. Introduction 5

2.1. Supply Chains Inefficiencies 6

2.2. E-Commerce Shortcomings: 7

2.3. Blockchain Technology in Supply Chain and E-Commerce 9

3. The Vanig Project 12

3.1. Key Advantages Of The Vanig Ecosystem 20

3.2. Vanig E-Commerce Features Comparison 23

4. Use Cases 24

4.1. Tracking and Tracing Toys 24

4.2. Logistics’ Universal Track And Trace 25

4.3. Counterfeit Product Detection For Delicate 3D Printing Raw Materials 25

5. Vanig E-Commerce Platform 27

6. Vanig Token Sale 32

7. Token Demand 36

8. Team 37

9. Partners 38

10. Roadmap 40

11. Financial Projections 42

12. Conclusion 43

1
Notices and disclaimers
Please read the following notice carefully before proceeding to read this Whitepaper document
issued by Vanig International, Inc. (hereinafter referred to as “Distributor”).

This notice applies to any person hereinafter, “you”, “party”, “holder”, “entity, in possession of,
and or who has reviewed this Whitepaper. Vanig International, Inc, hereinafter “Distributor”,
“Company”.

This notice and disclaimer is subject to amendment without notice. This Whitepaper is neither
an offer, nor grants any rights of any kind to you. This Whitepaper does not represent in
any way, nor extends any offer to establish any relationship between Vanig and you. Any
participation with Vanig or Vanig tokens shall be established and accepted by you in the final
Terms and Conditions of the token sale, hereinafter, “T&C”. There is no contract or agreement
implied or expressed in the Whitepaper.

The acquisition of Vanig cryptographic tokens does not represent any interest, participation,
or ownership of any kind in the shares of the Distributor. Vanig cryptographic tokens are
utility tokens and holders are not entitled to any dividend or participation with Vanig. Holders
of Vanig tokens subject the final terms and conditions in the “T&C”. Vanig tokens do not
constitute any form of a security in any jurisdiction worldwide.

This Whitepaper does not constitute a prospectus or offering of any kind, nor an offer of
securities or a solicitation for investment in any jurisdiction. This Whitepaper is for information
purposes only. The contents of this Whitepaper are not a financial promotion. This Whitepaper
shall not be construed, or represented as an invitation, or offer, or inducement to engage in
any participation, investment or engagement with Vanig.

Prospective participants or acquirers of Vanig tokens must carefully consider and evaluate risks
and uncertainties relating to cryptocurrencies, or any relationship with Vanig International,
Inc., its respective businesses and operations, the Vanig tokens and the Vanig Token Event. It
is understood by you that this Risk Disclaimer outlines potential risks that you should consider.
Vanig recommends that you seek out independent financial advice before engaging in any
sort of business endeavor.

2
1. Executive Summary
Vanig is an integrated e-commerce platform and supply chain Ecosystem that is powered by

the blockchain. It is a known fact that supply chain has not evolved fast enough in today’s

e-commerce age. Vanig aims to solve that by addressing some of the significant issues

plaguing supply chain for the manufacturers and sellers, and also equally important is Vanig’s

e-commerce platform that will be a truly rewarding shopping experience for customers, as

they will get good product selection, real reviews, save money, get rewarded, have access to

product provenance information and track and trace, making shopping trustworthy again.

Product price, tracking, reviews are among the top 5 influencers of product purchase today
based on a study. Vanig is addressing all of that and more with our Vanig e-commerce

platform.

Our proposition is drawn from years of experience and exposure to large scale e-commerce

systems, running and maintaining global supply chains and expertise with distributed ledger

technology, also known as blockchain technology.

Key features of Vanig:

• Vanig addresses several significant supply chain and e-commerce challenges and

inefficiencies, providing a higher level of brand experience.

• Vanig’s supply chain ecosystem leverages the latest in blockchain technology using
HyperLedger’s Sawtooth technology.

• Vanig simplifies the supply chain process, eliminating intermediaries, reducing friction

and manual processes as it ushers in a new level of transparency.

• Vanig provides provenance information on top products allowing customers to trust the

products that they are buying.

• The Vanig e-commerce platform is secure, has curated and discounted products, has a

great rewards system and is user-friendly, benefiting all members of the ecosystem and it

allows cryptocurrency payments.

3
• Vanig uses Artificial Intelligence and Machine Learning to make advertising effective, to

certify sellers and provide a customized shopping experience for the buyers.

• Vanig Rewards – Vanig is creating a rewards app and website that will payout buyers

that use the Rewards app in Vanig tokens. The rewards will be higher than other leading

reward programs as we pass on the entire affiliate commission over to the consumer.

We are launching VANIG token with the Vanig platform. VANIG token will be the primary

currency used across the Vanig ecommerce platform and Vanig rewards. The demand for

VANIG token will continue to rise as the platform is rolled out and Vanig starts expanding to

more countries. The value and demand of VANIG tokens will continue to increase as VANIG
plans for quarterly buybacks once Vanig starts being profitable.

Vanig plans to launch its e-commerce platform in 2 South East Asian countries each year

starting with Philippines and Malaysia in Year 1 (2019) and ending with Indonesia and India

in year 4 (2021). Vanig will be profitable year 2 onwards with a CAGR of 20-25% from year

3 onwards.

We are excited to launch Vanig now and foresee exponential growth for Vanig from 2019!

4
2. Introduction
E-commerce is a global activity amounting to trillions of dollars’ worth of trade. Middle class

spending will triple by 2030; the sharing economy could top $300 billion by 2025; more than

1.4 billion people purchased a product or service online in 2017; the gross total value of B2B

e-commerce topped $20 trillion the same year. We are addressing a global market with

potential outreach to emerging and established economies.

Source: World Bank

E-Commerce is quickly taking over in emerging markets and it’s predicted that this year the
majority of large emerging markets will have more online buyers than offline. The message is

clear: e-commerce becomes the new channel in both developed and emerging markets.

Despite the remarkable growth, the global e-commerce industry is still typified by two large

and interrelated problems - supply chain inefficiencies and e-commerce shortcomings. We

aim to solve these problems with Vanig.

5
2.1 Supply chains inefficiencies

A. Lack of transparent and fully visible supply chains

At any point in time during a typical supply chain process, it would be ideal if participants,

from manufacturers to consumers, can inspect and access real time information about the

status of their product or service. This is challenging in today’s supply chain as source and

origin information is often hidden in data silos, most times in incompatible or inappropriate

formats (non-digital forms).

B. Intermediation
This is one of the unwanted necessities of supply chains: on one hand, we have to find
practical ways to cope with complex supply chains with multiple participants each, and

with a different stake in the product lifecycle; and on the other hand, we have to find

a way to reconcile disputes, make the flow of products and services as trustworthy as

possible and reduce counterparty risk. Intermediaries, or in simple terms middleman, play

that role. They are the custodians of trust on the supply chain ensuring that everybody

plays by the rules and facilitate the flow. They can play different roles, from custody banks

and clearance agents, to brokers and dealers. However, each of them charges a fee to

offer their services. And for a long and complex supply chain these fees add up, to the

point that the end consumer purchases a product that is marked up by a huge margin due

to the intermediaries’ fees.

C. Static or non-existent inventory management

Real-time inventory management is more difficult to achieve. Especially for large, global

supply chains, it’s challenging and expensive. It needs a whole re-design of existing

IT systems and expensive retrofit solutions, which are not available or affordable by

participants in the chain. For example, large manufacturers have the means to implement

real-time inventory management systems, however, in a complex supply chain, just one

node using legacy technology is enough to break the flow of information and negate the

benefits of implementation.

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D. Inefficient tracking of product or services
This is an issue that affects producers, wholesalers, and retailers. Especially during a

product recall, the track and trace mechanism needs to be fast, reliable and transparent.

And cost is a key issue affecting everyone on the chain: a manufacturer is keen to reduce

recall cost while maintaining market status and reputation intact; a wholesaler is seeking

to reduce unsold products and reimburse recall cost to their networks to maintain their

position; a retailer wants to address recalls fast and effective, keeping their customers

satisfied; and finally, the end consumer may want their defective product replaced at no

cost and as fast as possible.

2.2. E-commerce shortcomings:

Supply Chain inefficiencies have a direct impact on e-commerce platforms. Imagine if

the sleek and intuitive shopping experience on Amazon wasn’t matched by a timely and

effective shipping process. Unfortunately, many manufacturers and vendors in the world

lack the resources and expertise of Amazon. Building a truly global e-commerce system

is expensive and exclusive. Most manufacturers can’t build or join one. Therefore, the

following problems are inherent in the global e-commerce industry:

A. Lack of full visibility for an end-to-end customer journey

Online e-commerce is fiercely competitive. Customers are used to nothing less than 100%

satisfaction guarantees with their purchases and your competitor is always one click away
– in such an environment is crucial to maintain and reward a customer using a multitude of

information gleaned from their online shopping experience and critically on what happens

after someone placed an order. Most e-commerce platforms lack that visibility to a

customers’ end-to-end journey. Often, delays in shipping or other concerns customer may

have post purchase is not captured in detail or integrated with other customer experience

data. This is where integration with an efficient supply chain and an effective shipping

experience can win back customers.

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B. Replenish inventory challenges
Typically, most e-commerce stores don’t stockpile their full inventory of products displayed.

It’s an ever-growing challenge to make the right decisions at the right time to meet peak

demand during surge times (e.g., festive season) or discount overstock at downtimes to

maintain a healthy balance sheet. On the consumer side, this is challenging too, as they

don’t know how much is left in the shelves, or when will the replenishments arrive. And

this often leads to missed cross selling opportunities or buying out of fear of missing out.

C. Operating in a global ecosystem

An e-commerce’s online store might be universally accessible. The challenge is that

procurement and shipping channels need to accommodate different import and export

tariffs, custom regulatory scrutiny, trade agreements, etc. And at the same time maintain

a competitive price structure to stay relevant to their demanding clientele.

D. Authenticity and reviews

Social e-commerce is important and on the rise. People buy a product based on what

their closed social network recommends. Today more consumers want to know the origins

of a product and whether it was manufactured in ethical ways, if the consumer paid a

fair and correct price, whether it has been damaged in any way during shipping or if it is

authentic indeed? We would also like to have a way to verify the authenticity of reviews or

at least an authoritative verification that they actually bought and used that product. This

is important in the era of fake news, viral marketing, or negative SEO.

8
2.3 Blockchain Technology in Supply Chain and E-Commerce
We believe that the problems outlined above are addressed using the latest in Blockchain
technology and the Vanig Solution.
Present day challenges/
inefficiency
Tracking
Data hidden in vertical silos,
no visibility to all parties
Static Inventory
Management
Most information relayed after
the event, not in real time
Transparent Supply Chains
Origins and provenance
information is sparse
e-commerce inefficiency
E2E Customer Journey
Little information available
post purchase event
Replenish Inventory
Stockpiling resulting on
overstock or understock
Operating Globally
Efficiency and cost-
effectiveness problems
How Blockchain addresses it
Distributed nature of the ledger and chained blocks topology
offers automatic track and trace at any point.
Dynamic inventory management thanks to smart contracts self-
executing orders and connecting to IoT sensors (e.g., oracles) for
real time information relays.
Public blockchain architecture with peer-to-peer topology and
immutable nature, allows for transparency of transactions, and
historic traces for all nodes at any time.
Fully distributed ledger with real-time information on product
provenance providing peace-of-mind and visibility over
purchased items.
Effective track and trace providing valuable pattern data for
planning and analytics to aid decision making for just-in-time
replenishment of inventory.
Configurable ledger with chain participants automatically
transacting at the point of value exchange – customs, tariffs –
providing the e-commerce owners with efficient management
of operating capital.
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To understand the benefits distributed ledger technology brings to a supply chain, let us

look at a very common supply chain scenario that e-commerce retailers handle day to day,

managing and controlling a complex chain of third-party vendors, logistics carrier providers

and suppliers.

A customer places an order, the order is passed on by the manufacturer to the retailers who

dropships the goods through a third-party logistics provider. The product is then transferred

by a long-haul carrier who passes it to a local carrier for final delivery.

This scenario is illustrated below, the green arrow depicts the flow of information (custom and

successive purchase orders through the supply chain) and the blue arrow shows the product
flow.

LONG AND UNNECESSARY PROCESS OF GOODS DELIVERY

This long chain of delivering goods also include several parties, their commissions and

negotiated shipping rates. This starts from ordering the goods, the tendering of the

load, shipment tracking, delivery confirmation, and settlement of the extra charges in a

heterogeneous environment.

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Today, therefore, to capture the ordering details, shipment confirmation, likely events of

return, and settle the charges with minimal opportunities for dispute, a blockchain of the

entire transaction, including the details, commission, and negotiated fees can be used. The

public-private nature of blockchain technology means that each participating merchant can

make data visible to the other members. Merchants have visibility into the transaction and no

custom interface is required between the participants.

The image below shows such a process. The blockchain is initiated by the online retailer

with a block for the order, the smart contracts are electronically signed to negotiate the fees,

rates or commissions by the parties to signify the approval. The parties involved then add
transactions and blocks to the blockchain since the bills of landing, load tender, and other new

documents are developed to keep the record of the shipment status.

The system of record for the whole transaction is the blockchain. It drives the whole process

and also records the transaction. The green block represents how the financial settlement

is initiated in the blockchain and a payment processor or bank carries out the transactions.

All participants are able to see the records of payments and reconcile against the smart

contracts in the original block.

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3. The Vanig Solution
The Vanig solution uses blockchain technology to offer the world’s first integrated e-commerce

platform with supply chain. The integration of e-commerce and supply chain makes Vanig

unique. We target the inefficiencies of modern e-commerce and supply chains and will utilize

smart contracts and the reputable ledger of a blockchain. At its core, we have a proven

blockchain technology that has been developed by the world’s largest blockchain technology

consortium, Hyperledger.

The Vanig ecosystem is robust, scalable, permission-based decentralized blockchain. This

illustration below shows how different participants in the Vanig Ecosystem interact with each
other using Smart Contracts.

Vanig Ecosystem - Illustration

12
Vanig Process Flow

1. Consumer places an order using the Vanig Website or Vanig Mobile App.

2. Smart contract #1 gets written automatically and captures the details of the order between
the consumer and Vanig and is stored in Vanig’s blockchain ecosystem.

3. Manufacturer/retailer ships the product from their location which triggers another Smart
contract #2 between the manufacturer and its distribution agent.

4. Distribution agent picks up the order from manufacturer and delivers it to the consumer.

5. Delivery acknowledgment from the Consumer will trigger another Smart contract #3
between the distribution agent and the consumer.

6. Finally, Smart contract #4 is created to capture the transaction ledger between the

wholesaler and the manufacturer.

All these transactions are recorded and are linked as blocks in the Vanig ecosystem. This

creates a traceable chain of blocks that shortens the track and trace process in terms of recall

from weeks to just a few hours. Since all the blocks are interconnected we have real time

inventory visibility to both consumers and supply chain participants. The Vanig ecosystem

accommodates sensor tracking using IoT devices by providing regulatory compliance

information, and temperature, and product location during transport between end points in

the supply chain (e.g., between producer and consumer)..

Smart contract #1 meta data captured Smart contract #2 meta data captured

Consumer ID Number of units Consumer ID Number of units

Vendor ID Amount paid, delivery date Vendor ID Delivery address
Purchase Date Delivery address Distribution agent ID Set of hash keys
Product ID Set of hash keys Date shipped
SKU SKU

Smart contract #3 meta data captured Smart contract #4 meta data captured
Consumer ID Set of hash keys Invoice # Date
Distribution agent ID Purchase # Retailer ID
Date shipped Quantity Retailer address
Acknowledgment Unit price
Number of units Tax %

13
Following architecture explains the implementation of Vanig ecosystem in Blockchain

14
15
Vanig Architecture explained

The Vanig Architecture has three main layers, the Presentation, Semantic and Application

layer, and Intelligence Data layers.

The Presentation layer has the Web, App and mobile UI that the various users of Vanig from

consumers to retailers/wholesalers use to interact with the Vanig platform. Interactions like

searching for a product, paying for a product, listing a product, providing a review etc.

The Semantic and Application layer houses the core Vanig e-commerce platform business

logic components, it handles all the transactions generated by the various users of the

platform. This layer also houses the Security Gateway, it establishes user identity and provides

capabilities for authentication, authorization, and integration. The security gateway ensures

that participating users have permission and have entitlements granted based on their

roles in the blockchain trading network. It interfaces to Private Vanig blockchain/Public for

Payment transactions and IPFS to retrieve additional business content like Product images,

descriptions, Customer reviews etc.

16
The Intelligence and Data layer houses the Blockchain technology, Hyperledger Sawtooth

services for Batch, Transaction, Consensus, Ledger, and Transaction Family & Policies

The Transaction Permissioning service validates the identities of all users using PKI certificates

and thus the permissioned nature of the Hyperledger Sawtooth technology. It addresses

scenarios where privacy and confidentiality are of utmost importance using the following

Permission methods -

a) Configuring a validator to only accept based on predefined participants

b) Using Identity namespace algorithm.

The consensus service in Sawtooth is plug and play and can be changed at runtime to a
consensus mechanism of choice ex PoET. The Transaction (Smart Contract in Ethereum BC)

service is crucial to the Vanig ecosystem, it helps securely apply rules when transactions are

processed and automate validation steps and digital contracts in place of signed physical

contracts.

Considering the nature of the supply chain, Participants and transactions, selected “private”

and proprietary transactions are kept off the public ledger. It is one of the reasons Vanig

chose to use Hyperledger, to enable off chain logic. The Vanig architecture will thus have both

on chain/ public and off chain/private transactions, that are accessible to users according to

their role.

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Hyperledger Sawtooth
While utilizing blockchain technology is a step in the right direction, the choice of blockchain

technology itself is crucial here. Having carefully considered the desired functionality and

sensitivities with supply chain participants, we chose to work with the Hyperledger Sawtooth.

With Hyperledger we can take advantage of channels (or side-chains in other terms) that live

off the main chain and provide certain degrees of privacy to its admitted members.

Hyperledger Sawtooth also gives us the option to configure membership in the blockchain,

which is an important characteristic with supply chains (not everyone should have access to
the supply chain information). Finally, we can choose the consensus protocol of choice, at run

time without compromising speed and capacity, as with proof-of-work blockchains.

Hyperledger Sawtooth

18
Features of Hyperledger Sawtooth

• Private networks with the Sawtooth permissioning features

• On-chain governance – Utilize smart contracts to vote on blockchain configuration

settings such as the allowed participants and smart contracts.

• Advanced transaction execution engine – Process transactions in parallel to accelerate

block creation and validation.

• Support for Ethereum – – Run solidity smart contracts and integrate with Ethereum
tooling.

• Dynamic consensus – Modify the blockchain consensus protocol on the fly as your network
grows, enabling you to integrate more scalable algorithms as they are available.

• Separation between the application level and the core system

• Broad Language Support – Program safe smart contracts in your preferred language,
with support including Java, JavaScript, Python, and more.

Platform

We chose two platforms Ethereum and ByteBall (byteball.org).

We chose the Ethereum platform because we see how it has improved since its inception.
Due to transaction confirmation, the response time becomes longer. It can impact the
operation of the system and affect the mood of the audience. Also, for each Ethereum
transaction, users will be charged payment commission, paid in ETH currency.

ByteBall platform is not used yet so widely as Ethereum, but Byteball uses not blockchain
technology, but DAG, that solves the above potential issues of Ethereum: the response time
in ByteBall is less than 1 sec, the commission for making a transaction is cheaper than
Ethereum’s more than in 1000 times and now is on average $ 0.0001.

Until we are sure that one of the platforms is much more attractive for our users, we will
support both platforms. Tokens released on one platform can be exchanged for tokens from
another platform in a 1:1 ratio.

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3.1 Key advantages of the Vanig ecosystem

A. Competitive Pricing
As a blockchain-powered ecosystem, Vanig doesn’t have the notion of an intermediary,

hence every key stakeholder in the supply chain - from the manufacturer to the end

consumer – will have a direct, peer-to-peer communication. That allows producers to cut

down costs on brokering fees, and the end consumer gets a better deal. Price is driven by

market demand and production cost rather than mark up to go above a break-even point.

B. Authentic Reviews
Fake reviews are one of the biggest problems faced by consumers today. Affecting

buyer’s confidence and trust when shopping online. A vast majority of products that are

top-rated are filled with fake reviews.

Our AI & ML algorithms detect fake reviews based on content of review, history of

orders, past reviews and many other factors to build a credibility score for the reviewer

and reviews they publish. This ensures buyer confidence on our platform.

C. Shorter recall process

When a recall needs to be initiated the whole experience is sleeker, faster, and cheaper.

Information about the recalled product is quickly propagated through the nodes in the

blockchain and registers in the immutable ledger to track and trace. This alleviates the
situation with information asymmetry which typically occurs when the recall process

information is not distributed equally, or on time, to stakeholders. This creates a

backlog of cases to be investigated and acted upon, higher cost of storage, re-shipping

and clearance, and ultimately a possible loss of business with dissatisfied customers.

A blockchain solution makes it possible to eliminate some of these unnecessary steps

during a recall.

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D. Security
It goes without saying, that since we chose to use blockchain technology for Vanig, we get

the benefits of cryptographic hashes and secure transactions amongst participants in the

supply chain. It is worth noting that our smart contracts also live on the blockchain and

have their own encryption too. And finally, our choice of consensus mechanism enables

a permissioned blockchain, where only vetted participants can participate, instead

of everyone participating in public blockchain transactions. The combination of these

features makes Vanig a secure platform.

E. Real-time tracking
Manufacturers, wholesalers, retails and consumers can track the product in real time.

We have implemented an open ecosystem where external data feeds from sensors, data

oracles, and other popular trackers are easy to connect to via Vanig’s APIs. The journey of

a product has become open and visible in real time giving greater assurances about the

security of a transaction.

F. Transparency

Consumers are able to track products with ease and information about defects are

stored permanently in the blockchain, resulting in fraud detection and tamper proof

transactions. For example, if a defect or fraudulent product enters the marketplace, and

is detected, information pertinent to that product will be registered in the Vanig platform

and accessible to interested parties across the supply chain. Information transparency
gives greater confidence to consumers, sellers, and wholesalers which increases the

trust across the ecosystem.

G. Demand / Supply equilibrium

As consumers have full visibility on product availability and procurement; it provides a safety

mechanism for the marketplace to avoid artificial price adjustments - no more overstock

or empty shelves. Pushing out uncleared stock is unjustifiable with new blockchain based

inventory systems as these are open and visible to consumers. The decision to purchase is

based on transparency of inventory and price, creating a level market place and efficient

product flow. Swings in price based on supply demand are steadied.

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H. Easy Product Listings
We operate one-click product listings from popular e-commerce stores such as Amazon,

Walmart, and platforms such as WooCommerce and Shopify and BigCommerce. This is

an important step for a quick onboarding process of products from other marketplaces

and gives consumers access to millions of products; this function enables a CSV File bulk

upload, a robust API connection and automatic retrieval and upload of products.

I. Multi-party contracts
Vanig is an ecosystem powered by blockchain smart contracts. Processes are faster as

a result of contracts between multiple parties executed on the blockchain with smart
contracts; for example, the smart contract between a consumer and the Vanig marketplace

(via website, mobile) is different from the smart contract between a manufacturer and the

wholesaler’s depot. They serve one purpose: to automate transactions and record terms

on immutable ledgers.

J. Provenance
Vanig enables full origin and trace information providing unique-in-class provenance

information. Interested parties can perform audit trails at a click of a button to trace a

product all the way back to its origins. As our provenance trace makes use of Internet

of Things (IoT) sensors, interested parties can inspect any modifications or changes that

could have taken place during its journey to a consumer.

K. Real time transactions

The Vanig ecosystem users make use of the native Vanig cryptocurrency, VANIG tokens

to make real time money transactions and money transfers. This is uniquely different from

current e-commerce platforms where the transactions aren’t real-time for all stakeholders;

for example, a consumer’s credit card might be charged at the point of sale however,

the retailer, manufacturer and distributor may have their funds clear days later. Clearing

funds on the Vanig ecosystem is instant with real time transparency.

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 3.2 Vanig E-Commerce Features Comparison
In the table below, we list Vanig’s e-commerce features:

Vanig Vanig Fiat

Type Amazon Walmart Ebay
Cryptocurrency Currency

Per listing -
One Time Cost $0 to $40 $0 $0.05 to $0.20 $0 $0

Seller Fee 6% to 20% 6% to 20% 10% 8% 8%

Affiliate Referral
Commission 5% 4% 5% 5% 5%

Average Seller Fee

(Includes Referral Fee) 15% 15% 9% 7% 7%

15 to 20 days
Payment Cycle 15 to 20 days 15 to 20 days Real Time 2 to 4 days
(Excludes Paypal)

Seller or Amazon
Shipment Seller Seller Seller Seller
fulfillment

Established Verified Verified

Seller Criteria Anyone Anyone
Seller Seller(Anyone) Seller(Anyone)

1.5% to 3.5% 1.5% to 3.5% 1.5% to 6% ( 1.5% to 3.5% (

Bank/Credit Card Fees (Covered in average (Covered in NOT Covered in None NOT Covered in
fee) average fee) average fee) average fee)

Total Average Fee

17% to 20% 17% to 20% 15% to 20% 8% to 11% 10.5% to 12.5%
(Includes Shipping)

Real Time Shipment Yes (above $50 Yes (above $50

No No No
Tracking Purchase) Purchase)

Blockchain Protection No No No Yes Yes

Track and Trace

No No No Yes Yes
(Recalls)

Product Listing Seller No Yes Yes

No No
Incentive

Buyer Review Incentives No No No Yes Yes

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4. Use Cases
One can consider a number of blockchain use cases pertinent to supply chains and e-commerce.

We have, in fact, a number of them on our pipeline for implementation. Below are noteworthy

samples.

4.1 Toys’ track and trace

The global toys’ market is growing constantly and is valued at over $90 billion. Especially,

the online toys’ market place is experiencing a period of rapid growth given the modern life

conveniences for e-commerce. However, as the toys’ market grows, so does the ever-complex

ecosystem of toys’ manufacturers, wholesalers, distributors and retailers. And with that

growth we have the ever-increasing parental oversight and alertness to the quality of toys

used by their children.

A toy that has hazardous plastic covers, for example, can cause havoc to a child’s health

and parents are becoming aware of these dangers thanks to the Internet and the speed

of information flow in our lives. For example, there have been reported cases of hazardous

chemicals, such as phthalates, present in toys. On other occasions hormone-altering

brominated flame retardants were used in significant proportion of toys, such as toy robots.

Although the use of fire retardants is welcome, the use of dangerous chemicals to achieve a

fire-proof status is not. The problem with these findings is that they are postmortem, that is, the

toys were already bought and used by children, an accident happened and then investigation

to the causes of the accident revealed the use of dangerous chemicals.

This where the Vanig platform comes in. We are leveraging the use of blockchain ledgers to

record and save, forever, every part, component, and ingredients that were used to produce

a toy or product. When materials are deemed to be dangerous – cross referencing scientific

information and national safety databases – then an automatic smart contract triggers an

exclusion clause whereby the toy product in question will be blocked from registration or

acceptance on Vanig due to its hazardous materials. So, we prevent an accident before it

even happens. This preventive action can be inspected at any time by prospective consumers

and the information can be shared with law enforcement.

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4.2 Logistics’ universal track and trace

The logistics industry is accustomed to using high tech for track and trace. For example, RFID

(radio frequency identification) market has grown to an industry of well over $5 billion from a

mere couple of hundred million a few years back. There are well over 90 million RFID sensors

in use and the technology is constantly maturing. Although the technology provides an instant

checkpoint to track the position of the object that is affixed onto, it has its limitations. There

are many different vendors and types of RFID sensors. Some are not compatible with each

other’s platforms. Information permanency is a challenge as well as RFID signals and geo-

position information is not stored long term and the data formats tend to differ from platform

to platform.

This is where the Vanig blockchain platform comes in. We envisioned and implemented a

powerful synergy between existing RFID sensor networks, and the Vanig platform. As

products are shipped from place to place within the Vanig ecosystem (manufacturer to

wholesale depot, to distribution agent, to consumer), they are RFID tagged as with normal

logistics procedure. But, in addition, we store RFID tracking information on the blockchain so

that at any point in time, we can retrospectively trace back the journey of a particular product,

by way of piecing together the data records from each RFID sensor. This undisputed proof

of origins and whereabouts of product movements has brought about and will continue to

bring efficiencies and cost savings to the logistics industry as the Vanig ecosystems gains

widescale adoption.

4.3 Counterfeit product detection for delicate 3D printing raw materials

The International Trademark Association reported about $460 billion worth of counterfeit

goods were bought and sold in 2016. This is not surprising as most counterfeit products are

purchased over the internet. The Red Points, a leading research company in Barcelona, Spain,

revealed the top 10 lists of websites where fake products are often bought and sold using

the data provided by its custom-developed web crawlers. AliExpress, the leading Chinese

marketplace, tops the list.

25
 Source: Red Points

In reality, six of the top 10 sites have their headquarters in the Far East—China, a region

known for its age-long reputation for counterfeit production and a relaxed attitude regarding

intellectual property. As the expensive products that draw much attention from the consumer,

handbags and footwear are also identified as the most often counterfeited products bought

and sold online.

This is where the Vanig blockchain platform comes in. Smart contracts governing the flow
of products and raw materials through the supply chain register and stores detailed product

information, thus the source of raw materials used for a product is captured and tracked and

traced. Stakeholders will know in advance the whereabouts of its component parts. Any part

that is not coming from a certified source information that can be fetched from and validated

through off-chain oracles – we flag it up and alert authorities, agencies and the stakeholders

affected.

26
5. Vanig E-Commerce Platform
Products
Vanig makes the process of finding and choosing products for ordering convenient and simple

on the Vanig platform, all products traded on the Vanig platform are defined by detailed

parameters such as the name, description, price, volume, category assignment etc. which

catalogs the product and speeds searches.

There are varieties of products listed on the Vanig platform and consumers choose the type

of products to buy, select the details of delivery, and pay in ethereum (ETH), bitcoin (BTC), fiat,

or Vanig tokens (VANIG).

Vanig has the product listing and customer reviews as part of the information registered on

the blockchain which will enable a more trusted trading environment.

Product Search
We use the decentralized file storage network to manage the updated databases of products

listed on the Vanig platform. Through this, consumers use filters and product sorting to choose

what they want to buy. We understand the difficulties inherent in searching tens of thousands

of retail products and we aim to make your shopping experience easy and convenient. For

example, we have adopted the use of catalogue filters for the different product attributes and

categories.

Curated Products
Vanig identifies 200 top selling products each from the top 5 e-commerce sites from a
region using our machine learning and data mining algorithms.
The algorithm factors in key points like:
i. Number and frequency of reviews by verified buyers
ii. Detection of paid reviews
iii. Checking the product reviews and customer questions to extract and catalogue issues
faced by customers using Natural Language Processing.
In a similar fashion, we build a list of ideal sellers for each product and our outreach team
starts working on on-boarding those sellers into our program using incentives like:
i. Quick, hassle free import of inventory from their existing platform to Vanig.
ii. Offering Additional Vanig tokens as a bonus to onboard our platform.

27
Product Listing and seamless integration with major e-commerce platforms

One Click Product Listing

One-click product listings, and full product databases from current e-commerce platforms

such as Amazon, Alibaba and Walmart stores can be on-boarded to Vanig. Vanig enables

independent sellers, large and small to create their Vanig stores with just a single click and

ease of upload. This single click captures everything you need from existing e-commerce

platform databases creating a complete product listing in Vanig. Vanig sellers upload:

product descriptions, prices, and hi-resolution images, codes and a wealth of data about

the products. With this feature, Vanig can run parallel to existing seller channels and as

Vanig’s advantages are realized more sellers will be attracted to the Vanig platform.

CSV File Bulk Upload

Importing your products into the Vanig platform is useful if you switched to Vanig from

another e-commerce store or if you want to make many changes to your products or

inventory. When importing, Vanig converts the data from the CSV file into products.

API Connection
Through the integration of the Vanig platform using API, we are able to search the web for

the best product images and detailed descriptions. Using your own merchant identification

and signature, we make sure that your prices and ongoing inventory levels is synchronized

with your inventory at Vanig.

Integration with E-Commerce Platforms, Amazon and Walmart Stores

Automatic retrieve and upload of products from Amazon store to Vanig.

Automatic retrieve and upload of products from Walmart store to Vanig.

Automatic retrieve and upload of products from Shopify, BigCommerce,

WooCommerce.

28
Incentives
Today’s consumers have an array of e-commerce options to choose from and sellers need

to convince buyers with competitive rewards and discounts in order to win their trust and

loyalty. Especially in the competitive e-commerce environment, discount and reward programs

incentivizes consumers and gives them more reasons to come back. In the Vanig ecosystem,

our retailers use any of the smart contracts logics to develop bespoke reward and discount

programs for buyers shopping with the Vanig tokens.

Incentives for Sellers listing products

Seller activity Reward

Verified Product Listing

4 x VANIG token or $1 worth of VANIG tokens whichever
is lower.

Product listing and 100 x VANIG token or $6 worth of VANIG tokens whichever
complete 5 sales
is lower.

Product listing and lesser 100 x VANIG token or $6 worth of VANIG tokens whichever
than market price including
is lower.
shipping and complete 5 sales

Incentives for Buyers posting reviews

Buyer Activity Reward

Text Review
1 x VANIG tokens or $0.25 (whichever is lower) per verified
purchase.

2 x VANIG or $0.50 (whichever is lower) tokens per verified

Review with images
purchase.

Review with Video 4 x VANIG or $1 (whichever is lower) per verified purchase.

29
Loyalty Program
The Vanig e-commerce site rewards customers for purchases, through the Vanig Reward

Program. Every purchase by the customer earns that customer Vanig tokens. The accumulated

tokens can be used for purchase within the site once it reaches the threshold for spending.

Vanig has a detailed Rewards Program. Here is an illustration of the rewards program that

has implemented to reward customers for purchasing on Vanig.

Vanig Rewards Program

Buyer activity Reward

1st time purchase of

50 VANIG tokens.
products on Vanig

Every subsequent
2% of the transaction back in VANIG tokens.
purchase

Once customer makes 20 purchases (of $25 or more) in the site

Silver Customer Status in the current year, customer is given Silver status and rewarded
with 25 VANIG tokens.

Once customer makes 50 purchases (of $25 or more) in the site

in the current year, customer is given Gold status and rewarded
Gold Customer Status with 50 VANIG tokens.

Customer then starts earning 3% in VANIG tokens per transaction.

Once customer makes 100 purchases (of $25 or more) in the

site in the current year, customer is given Platinum status and
Platinum Customer Status rewarded with 50 VANIG tokens.

Customer then starts earning 4% in VANIG tokens per transaction.

Token redemption Once accumulated rewards is > 100 VANIG tokens, it can be
threshold redeemed in subsequent product purchase in the site.

30
Vanig Rewards App
Vanig is building a browser plugin and a mobile app to show the price comparison

between major ecommerce players and Vanig. This will help Vanig get more number

of people to purchase on the platform. On top of that, the users get cashback rewards in

Vanig tokens for all purchases made through the Vanig rewards app or through the plugin.

In case another platform offers better prices than Vanig, the users are linked to other platforms

using Vanig Reward App’s affiliate links and we pass the commissions back to the user

in form of Vanig tokens. Users can in-turn use Vanig tokens to purchase products through

Vanig. This helps to create demand for Vanig tokens, and is good for the entire platform.

These apps will also help us gather anonymized data about the shopping habits of users, and

will help us in improving our platform. These metrics will also help Vanig measure how we are

doing in comparison with our peers, and help us chalk our future strategy.

31
6. Vanig Token Sale
Vanig is an ambitious project aiming to revolutionize the world of e-commerce with a robust

supply chain support system. Vanig is conducting a token sale to allow stakeholders and

become part of the Vanig ecosystem.

All token buyers and contributors will receive ERC20 exchangeable Vanig tokens on the

Ethereum network. The ERC20 token is accepted for exchange to a new token on a one to

one basis with the VANIG token. The Vanig token is a core component of the Vanig ecosystem

and is designed to facilitate a wide variety of operations that make the token an integral part

of the ecosystem and the driver for its economy. It is fractionally divisible, transferable and
fungible.

Token balances and transfers will be tracked by Vanig. To mitigate risk from unforeseen

circumstances such as large token theft, contract compromise, or a disrupting change in the

Ethereum protocol, Vanig may opt to freeze token transfers and issue a new token contract

with balances replacing that of the original token registry by a certain date. In the event of an

Ethereum fork, the Vanig team will timely announce which branch it will support.

32
6.1 Allocation / distributionv

Ticker Symbol VANIG

Sale Start 15 Aug 2018

Sale End 25 Sep 2018

Maximum Supply 225 Million

Sold to Public 141 Million

Private Sale 2 Million USD

Pre-Sale 5 Million USD

Main sale 13 Million USD

Soft Cap 2 Million USD

Hard Cap 20 Million USD

Accepted Currencies ETH, BTC, LTC, USD

Minimum Contribution 0.1 ETH

Ends on
Private Sale 14 Aug 2018
JOIN PRIVATE SALE

PRE SALE SALE STAGE 1 SALE STAGE 2

15 AUG 22 AUG 29 AUG

7 Days 7 Days 7 Days
30% Bonus 25% Bonus 20% Bonus

5 MILLION USD 5 MILLION USD 4 MILLION USD

Hard Cap Hard Cap Hard Cap

33
 SALE STAGE 3 SALE STAGE 4 SALE STAGE 5

5 SEP 12 SEP 19 SEP

7 Days 7 Days 7 Days
10% Bonus 5% Bonus 0% Bonus

2 MILLION USD 1 MILLION USD 1 MILLION USD

Hard Cap Hard Cap Hard Cap

Token Distribution

63% Open Market

15% Team Tokens

12% Vanig Rewards and Incentives

5% Referral & Bounty Programs

3% Advisors & Partners

2% Legal

Team Tokens - 4 years lock down with first release after 12 months of TGE completion. 15% of tokens released every 6 months and last 10% at end of 4th year.

Advisors and Partners - 1 year lock down with first release of 25% of tokens after 3 months of TGE completion. 25% of tokens released every 3 months thereafter.

Legal - 2 Year lock down with first release after 6 months of TGE completion, 25% of tokens released every 6 months thereafter.

Incentives - 4 years incentive program, capped to release 25% every year. Arrived based on business plan and customer acquisition rate.

Operating Budget

30% Business Development & Ops

30% Marketing and Sales

20% Admin and Operation

10% Legal and Advisory

10% Research

34
6.2. Utility
The Vanig ecosystem serves a purpose with far reaching implications for our economic

systems. It aims to introduce a decentralized consumer marketplace to audiences that have

little experience with cryptocurrencies and likely to have little-to-no knowledge of blockchain.

The Vanig ecosystem has expanded beyond the crypto community and focuses its activity

on broader audiences. Providing services to everyone requires niche knowledge of the

e-commerce and supply chain industry and its specifics. We have made it very simple and

straightforward for consumers to buy, earn and use Vanig tokens. The complexities of opening

and maintaining a cryptocurrency wallet are made seamless through the Vanig website and

apps.

6.3. Bounty
We are selecting several bounty programs for use with early supporters and token buyers,

we aim to introduce bounties for leading channels including: Twitter, Facebook, Medium,

Telegram, YouTube, Reddit, and Instagram. Our bounty programs have signature and avatar

campaigns for maximum outreach effect.

35
7. Token Velocity & Demand
7.1. Vanig Dual Token Strategy Model
Decentralized Marketplace and supply chain network interactions between multiple business

and/or Consumers need a token model that:

1. Provides stable Cryptoeconomic approach to exchange of tokens, goods and money

between parties

2. Retain investors to receive benefits, and, therefore

3. Mitigate the volatility and inflationary environment and generate liquidity

Proposed Solution:

1. Exchange Tokens (VANIG) - Its ERC20 token that is tradeable at crytpo exchanges

2. Utility Tokens (VNG) - Mintable ERC20 derivate token. Can be used to purchase product

on Vanig marketplace. supply chain players like brands, sellers and logistics companies

can use to transact between them. VNG utility token is not trade-able at any Crypto

exchange(s)

Dual Token Issuance Mechanism & Model:

Vanig uses a dual token strategy to mint a derivative token (VNG) to insulate the consumers

from VANIG token volatility and also to allow the ecosystem participants like manufacturers

and suppliers to use the platform for B2B transactions. The derivative token VNG is generated

from VANIG through a staking smart contract that locks down the users VANIG token. There
is a variable number of VNG generated determined algorithmically based on several factors

like value of VANIG, platform activity, liquidity, volume etc. The consumers and other platform

users will have the opportunity to see how many VNG tokens they will receive prior to executing

the smart contract. There will be a distinct incentive for users to pay using VNG token but the

platform will also be accepting other cryptocurrencies that will be determined at the time of

platform deployment. The advantage of this model is to mitigate the volatility and inflationary

environment and generate liquidity that might arise because of over exposure of both digital

assets and commodities in the ecosystem.

36
The Vanig platform usage rights by manufacturers and suppliers will be based on the staking

contract that emits a variable amount of VNG for each VANIG token. The users will also be

able to pay in ETH or other ERC20 tokens that are acceptable. To prevent inflation of VNG, a

new VNG token will be generated after its consumed for specific transaction. The lockdown

period will be based on amount of the VANIG token that’s being staked and for the duration of

the transaction. This could be used to generate liquidity for the suppliers to purchase goods

from the manufacturers or loan an asset from other suppliers. This could also be used by

consumers to shop for products at an attractive price and there would be incentives for users

to stake VANIG tokens for VNG in addition to significant reduction of transaction fees. There

would be other benefits for using VNG like chargebacks , buying credits and being eligible for
specific promotions in the ecosystem.

7.2. Organic Growth

Vanig believes we are creating a great e-commerce platform and ecosystem that will turn

profitable in Year 2 and will have YoY growth of 20 to 25% over the next few years until we

reach a 2% market share over the years, and it also means token demand goes up as well.

Our primary focus is South East Asia which is one of the fastest growing internet business

regions across the world. If required, business financial plan can be shared that will justify

these numbers.

7.3. Vanig Rewards Program

We are launching a Vanig rewards program and app that will function like Ebates but offer
higher cashback to buyers as we pass on the entire affiliate commission to the buyers. The

commissions will be paid out as Vanig tokens, Vanig will purchase Vanig tokens using the

commissions paid out by the big retailers like Amazon, Lazada, walmart and 1000s of stores.

This means a continuous demand for Vanig tokens from Vanig itself to payout customers

without major costs to Vanig as we pass on Fiat payments from retailers to consumers as

Vanig tokens. For comparison, Ebates paid $800 Million in cashback so far.

37
 7.4. Token Burn
Vanig will burn all unsold tokens post the Token Sale in a publicly verifiable way. This will

immediately reduce the total Vanig tokens supply and make it more attractive for investors

considering all the other ways listed here for Vanig token demand.

7.5. Token Buyback

Vanig will launch in 2 South East Asian countries each year starting with Philippines and

Malaysia in Year 1 and ending with Indonesia and India in year 4. We will be profitable in year 2

onwards with profit (before tax) of $8M, $10.2M and 13.8 M in 2020, 2021 and 2022 respectively.

Vanig will use 20% of the quarterly profits to buyback Vanig tokens from the most liquid

exchange. We will continue the buyback every quarter to ensure overall tokens in circulation

decreases and demand, price increase.

8. Team
The Vanig team is driven and have been working tirelessly to realize the idea that is Vanig into

a solution and hope to build it into the product and ecosystem we envisioned.

As Margaret Mead once said -

“Never doubt that a small group of thoughtful, committed citizens

can change the world; indeed, it’s the only thing that ever has.”

Here is the Vanig Team.

38
Executive team
Prem Sekaran
Co-Founder
Prem is an IT leader and
entrepreneur, with over a decade
of experience in Retail and
e-commerce. He is passionate
about Tech, Automation, AI, Process
efficiencies in the Retail space.
Philip Abraham
Chief Strategy Officer
Phil has a long list of accomplishments
ranging from creating one of the
world’s top supply chain management
systems — Manugistics to playing
instrumental roles in companies like
General Motors & Kmart.
Lars Lima
Chief Communications
Officer
Lars manages the public relations
and business communication
for Vanig. Lars carries a MSc in
International Business Management
and has a history in sales and
marketing.
Thomas Copeland
Digital Marketing
Director
Thomas is a Digital Marketing
Director with a demonstrated
history of working in the marketing
and advertising industry. He is
skilled in team organization and
management.
Vinod Kumar
Co-Founder
Vinodh is an Visionary, high performing,
results-oriented Entrepreneur and
executive Leader that builds and
inspires loyal, high performance, cross-
functional global teams that drive
for results who has over 10+ years of
experience
Geofrey Rainey
CTO
Geof has over 15 years experience
architecting, designing, implementing
and supporting enterprise
systems, a specialist in design and
implementation of decentralized peer-
to-peer networks and technology.
Brett Brodbeck
VP Investor Relations
Dr. Brodbeck is Physician,
Entrepreneur, Public Speaker,
and Educator with a passion for
new advances in healthcare and
technology. At Vanig, he helps us
build our investor relationships.
Dan Ramirez
CEO
Dan has very strong experience
scaling organizations in software
and blockchain development.
Industries include security,
identity, financial, institutional and
government for more than 20 years.
Don Quatiere
Chief Solutions Architect
Don is a supply chain innovator whose
products established high-value
industry footholds for global leaders,
SMEs, and disruptive entrants. He
helps us build a sound supply chain
ecosystem.
Vishal Nigam
BlockChain
Architect
Vishal is serving as the Chairman of
the Indian Blockchain Council. He has
been working and designing products
which can leverage Blockchain
Technology and efficiently solve
problems while reducing costs.
39
Advisors
Paddy Tan
Product Strategist
Paddy is a technology, startup and
e-commerce strategist, with vast
experience working with startups
mentoring and guiding them to
success.
Hans Choi
Blockchain Expert
Hans is a blockchain developer. His
experience ranges from system
analysis, design, development, to
process modeling. Hans focuses on
payment gateways, blockchains
with foreign companies.
Glen Liu Zhenquan
Token Economist
Glen has overseen business
development, accounts servicing,
strategy planning and client
acquisition for over 6+ years. As a
token economist for Vanig he will
help us at Vanig with maintaining the
demand of the vanig token.
Destiny Aigbe
General Counsel /
Securities Counsel
Destiny represents issuers,
underwriters, and placement agents in
private and public securities offerings.
Destiny specializes in securities and
advising securities law, guides Vanig
on all legal aspects.
Alan Wong
Market Strategist
Alan is a respected ecosystem
builder, business advisor and
serial entrepreneur with a unique
combination of experiences in
both large organizations and
entrepreneurial start-ups.
Syed Ali Ridha
Madihid
Supply Chain
Strategist - Asia
Ali is the head of supply chain
Strategy - Asia at Vanig. Ali
brings his vast supply chain and
Operations expertise in Asia to Vanig
and guide us through the crucial
region for us.
Mitchell Marrs
Strategic Advisor
Prior to pursuing strategic business
consulting, Mitchell worked for 4 of
the largest energy companies in
the world. He is adept in identifying
lucrative opportunities & developing
strategic plays
Jim Cocallas
PR Advisor
Jim is involved with projects like
airport development, logistics,
crypto, and publishing. As a business
owner he brings 30+ years of
practical “hands on” experience to
the Vanig team.
Jeremy Khoo
Retail Strategist
Jeremy is the retail strategist at
Vanig. He is Group CEO of iFashion
Group, an entrepreneur and
a strategist. He will help Vanig
manage and coordinate our retail
plans and strategy.
Sami Alnadi
Business
Development Advisor
Sami Alnadi is a business oriented
professional who raises the bar when
it comes to business growth. His global
knowledge will assist Vanig’s efforts to
reach markets and adopt new supply
chain processes.
40
 Developers

Gaurav Bhadula Prashant Kandwal

Platform Development Lead Platform Architect

Mahendra Panchal Priyank Jani

Sr. Blockchain Developer Blockchain Consultant

Karan Shah Mukesh Bisht

Platform Developer Platform Developer

9. Our Partners
Token Sale Partners

Busniess Partners

41
10. Roadmap
Here are the key upcoming milestones in the roadmap, full roadmap view is shown in the next

page.

Our MVP is getting ready, the whitepaper is ready and has been published in our

website.

Our Token Generation Event and the public sale event is scheduled for July 2018.

In December 2018, we plan to release the Vanig 1.0 as an e-commerce platform; and

the mobile version will follow early next year.

The two major milestones for 2019 are onboarding of various players into the ecosystem

and launching the Pilot in Philippines & Malaysia by end of 2019.

42
 MAR 2017
Vanig concept is born

MAY 2017
Core team was formed, Business process and
Technology solution framework created
JUN 2017
E-Commerce Development kicked off

DEC 2017
Build Smart Contract and Blockchain components
FEB 2018
Integration between e-commerce and
Blockchain

JULY 2018
VANIG Token Generation Event
DEC 2018
Launch e-commerce Alpha Version ecosystem
- Open up registration for Vanig team &
community
MAR 2019
Mobile App Launch and On-board up to 1000 supply
JUN 2019 chain Asia Manufacturers/Sellers to Ecosystem
Pilot Vanig e-Commerce to Asia -
Philippines & Malaysia Consumers for Health,
Home & Beauty Categories
SEP 2019
Expand categories to Apparels, Electronics & Toys;
On-board 5000 Sellers to ecosystem
DEC 2019
Launch Vanig to Malaysia;
Vanig 2.0 Product release

JUN 2020
Launch of Singapore 10,000 Sellers to Ecosystem

DEC 2020
Hong Kong Launch, Vanig 3.0 Product release

JUN 2021
Vanig Launch in Indonesia
DEC 2021
India Launch

JUN 2022
On-board 25,000 Sellers to Ecosystem

JUN 2024
On-board 100,000 Sellers followed by rest of world subsequent roll outs - US, UK, Germany,
France, South Korea, Canada, Russia, Brazil & Japan

43
11. Financial Projections
Vanig will be profitable in 2020 (year 2 of operation).

We aim to capture 1 % of the SEA e-commerce market by 2022, generating revenue of over

$32 M in 2022. The YoY growth once we are profitable would be 25-30%.

44
12. Conclusion
We built Vanig, the world’s first integrated supply chain e-commerce ecosystem powered by

blockchain technology. Vanig is set to change the world of supply chains and e-commerce by

simplifying processes, creating transparency, reducing costs and eliminating intermediaries,

and above all giving customers a very trustworthy shopping experience.

We are integrating and operating with major e-commerce stores and platforms. We are

integrating and connecting to major supply chains and bring onboard manufacturers,

wholesalers, distribution, and retailers.

Vanig has and will continue to help more players participate in the online e-commerce boom,

creating wealth and experiences for everyone.

45