Group Project - Product authentication and solution to supply chains using blockchain to fight against counterfeit

The Standard for Verifying & Authenticating Goods and Services Using Blockchain

DEFENDING BRANDS, RETAILERS, AND CONSUMERS AGAINST COUNTERFEITS

CURRENT FUND STATUS 0 ETH
SOFT CAP 5000 ETH
HARD CAP 45000 ETH
Group Project - Product authentication and solution to supply chains using blockchain to fight against counterfeit

Join the Whitelist Now & Receive 25% Discount.

ABOUT US

GRUP Distribution (%)

  • Pre-ICO & ICO (25% )
  • Founders (57%)
  • Angel Investors (6%)
  • Company Team Members (8%)
  • Advisory Board (2%)
  • ICO Launch Services (2%)

GROUP PROJECT (GRUP) TOKEN SPECS

  • GRUP – ERC20 Token
  • Supply: 100,000,000 (100 Million)
  • Current Value: 1000 GRUP = 1 ETH
  • Soft Cap / Hard Cap: 3,000 ETH / 25,000 ETH

OUR MISSION

Group Project is on a mission to defend all brands big and small, and protect consumers from counterfeits by implementing a fail-safe authentication system using blockchain technology.

CURRENT GLOBAL PROBLEM

According to International Chamber of Commerce and a study done by Frontier Economics, it was estimated that the total global economic value of counterfeit and pirated goods was projected to be almost $1.8 Trillion by 2015.

“The negative impacts of counterfeiting and piracy are projected to drain US$4.2 trillion from the global economy and put 5.4 million legitimate jobs at risk by 2022.” – International Chamber of Commerce

In 2013, the OECD (Organisation for Economic Co-operation and Development) estimated the value of imported fake goods worldwide was at $461 Billion. And, according to PwC (PricewaterhouseCoopers), total counterfeit market in 2013 generated $1.9 Trillion USD in revenue. The counterfeit pharmaceutical market was estimated to be $188 Billion, and the Electronics & Fashion Industry made up around $180 Billion.

The combination of counterfeit goods multiplying every year, and the lack of resources to combat these illegal activities, consumers are being tricked into paying for fake goods while the counterfeit companies steal market share from legitimate brands.

Group Project - Product authentication and solution to supply chains using blockchain to fight against counterfeit

Total Counterfeits (PwC)

OUR SOLUTION

Fashion Goods, Pharmaceuticals, and Electronics are tagged with our Crypto-Tag™, a Crypto-Enabled NFC chip (U.S. Patent Pending ), and the data is recorded on the blockchain. When the Crypto-Tag™ is scanned with a mobile device capable of NFC, consumers and anyone in the supply/production chain will receive relevant data authenticating the product via our mobile application.

Group Project - Product authentication and solution to supply chains using blockchain to fight against counterfeit

Powered By Your Phone

Our Crypto-Tag™ does not run on battery. Once scanned by an NFC enabled mobile device, power is sent through the air and the Crypto-Tag™ will automatically authenticate the product.

Receive Encrypted Data

Crypto-Tag™ will add to the blockchain with the data pushed by the manufacturers, distributors, and retailers during transactions. Data such as when/where products are made are just a few examples of what our Crypto-Tag™ will record on the blockchain.

Real-Time Authentication

Each Crypto-Tag™ utilizes the network hash in real-time to determine its origin and transactions. Each Crypto-Tag™ is unique and impossible to replicate making it impossible for counterfeiters to pass along fake goods as real.

AUTHENTICATION

By integrating the Crypto-Tag™ and the Mobile app with blockchain technology, Group Project will bring relevant data to the international community of consumers and suppliers that will protect them from counterfeits.

Group Project - Product authentication and solution to supply chains using blockchain to fight against counterfeit
Group Project - Product authentication and solution to supply chains using blockchain to fight against counterfeit

The Standard For
Fighting the Counterfeit Industry

Please review our latest whitepaper on our mission to mitigate counterfeit goods & services using the latest blockchain technology and how Group Project will benefit investors.

MEET THE TEAM

CONNECT WITH US

You have questions, we have answers. You have suggestions, we’re here to listen. Feel free to reach out to us 24/7.

JOIN US

Currently, we are accepting applications from accredited investors in our Pre-ICO. If you are interested, please fill out the application to join the whitelist.

©2018 Group Project - Machine Thinking Systems, LLC

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