Over the past decade, counterfeited products have been a major issue in China, whereby consumers can rarely be confident in the integrity of the products they purchase.
Recognizing the extent of this problem Tael has developed a viable and effective solution, offering verifiable authentic goods to their clientele.
So far, the company has seen growing adoption and usage, both of its core technology and product marketplace.
To a large extent, this is due to the team’s business development efforts and relevant expertise. Tael has adopted a business-first approach and has been able to onboard multiple notable brands from different regions of the world.
Going forward the project has a good opportunity for ecosystem growth given its expanding consumer base and pragmatic business strategy.
As a result, Tael has a chance to commercially realize its blockchain solution for the retail segment.
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Convex’s business model is built on Curve, a DeFi blue chip that continues to be one of the market leaders. It repackages Curve’s governance into a liquidity bootstrapping product that is already being used by projects like Abracadabra and Alchemix, and there is potential for more projects using it down the line. Ergo, Convex is one of the few examples of business-to-business models in crypto.
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