Ahoolee compares prices in online stores worldwide using a decentralized platform for collecting and indexing information from open sources with confirmation of authenticity based on the Blockchain technology.
Sergey Ryabov is the founder of Ahoolee — worldwide shopping search engine. Aholee launched alpha-version of the service in May 2017, and carried out ICO presale, as a result of which they raised $200 000 in 30 minutes. Ahoolee compares prices in all web-stores all over the world, shows price behavior history, and allows to pay for goods with crypto-currency.
How the idea was born.
The idea came to Sergey in 2012. That year he launched Miiix — product matching service for big international marketplaces and retailers. In the course of work, he noticed that neither search engines, nor marketplaces solve the problem of search of goods and of purchase decision to a full degree.
Before buying something one pays attention to 2 factors:
AliExpress, Amazon, Yandex.Market and other marketplaces solve these problems, but:
Ahoolee — global shopping search engine. The engine collects information on goods in web-stores all over the world, continuously reindex data and doesn’t require payment for placing. They don’t charge selling fees. That’s why retailers don’t have to hide cheap products from Ahoolee.
Ahoolee combines identical goods to form a single flypage. On a flypage, a user can compare prices of different retailers, and see the price behavior history of any product in a certain store.
Many of us faced a problem when sellers intentionally overprice goods before giving a discount, for instance on Black Friday. On Ahoolee everything is transparent — users see the price dynamics and the most attractive offers at the moment. Ahoolee collects and holds data on every price change in Ahoolee blockchain.
Moreover, users can buy goods in online stores for cheaper prices using Ahoolee Tokens (AHT), which can be bought for any currency including crypto-currency. Now there are more than 40 million products from 1000 web-stores in Ahoolee database.
Avenues for Ahoolee:
By the end of 2017, Sergey and his team plan to increase the number of goods in their system by 1 billion and the number of stores by 50 000. The service will make money on contextual (search engine) advertising and premium-accounts with a subscription fee of 5000 dollars a year.
Premium account marks the shop out on a search page and guarantees that the seller is not a fraud. During the following year, theAhoolee team plans to sell not less than 1000 premium accounts as well as to bring in 1 million users to monetize the search advertising. For carrying out purchases within the engine Ahoolee launch the mining of their own crypto-currency — Ahoolee Token (AHT) on the basis of their own blockchain. Furthermore, they intend to carry out a market launch in several countries simultaneously.
For addressing these problems starting from the 28th of August up to 11th of September Sergey and his team hold ICO seed-round, planning to sell 25 million AHT (Ahoolee Tokens), in order to get a required sum of money for project development. Ahoolee Tokens, as it is mentioned above, can be used for buying goods.
About the crowdsale:
Token Supply: 100,000,000
Technology: ERC-20 Technology
Public Allocation: 65 billion
Hold Back Allocation: 20 billion
Reserve Allocation: 15 billion
ICO Value: 1 ETH = 810 AHT
W3C Value After ICO: $0.4 per aht ( in exchange)
Purchase methods accepted: ETH
Tokensale opening date: 28 Aug 2017
Tokensale closing date: 11 Sep 2017
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