Tuesday 6 March 2018

Galaxy eSolutions - The Global Ecommerce Ecosystem With Fast Growth And Real Traction

Galaxy eSolutions

Galaxy eSolutions
For this time I would tell you more about Galaxy eSolutions and everything that's related to Galaxy eSolutions. Now keep read slowly and remember all of that. Don’t be confused by the name Galaxy eSolutions. Galaxy eSolutions, Envision a world made environmentally friendly through global adoption and growth of the sharing and circular economies. A world in which the lifespan of electronics is extended to the point where mining waste and landfills are a thing of the past.

Galaxy eSolutions - is a global eCommerce ecosystem with fast growth and real traction, reaching near 20 Million USD sales within its first year of operation.  Its vision is to evolve into a hybrid ecosystem and fully integrate blockchain with marketplace platform. To resolve the several pain points in the multi-billion pre-owned and refurbished electronics industry.



Defining the Sharing Economy
The sharing economy is NOT a black and white ecosystem: it is a spectrum, and it is increasingly crucial to understand its different shades.

Now that we understand what’s driving the adoption of this sustainable lifestyle, and what the sharing economy is, sharing economy companies, how do we define truly collaborative?
  1. The core business idea involves unlocking the value of unused or under-utilized assets (idling capacity) whether it’s for monetary or non-monetary benefits.
  2. The company should have a clear values-driven mission and be built on meaningful principles with transparency, humanness, and authenticity that inform short and long-term strategic decisions.
  3. The providers on the supply-side should be valued, respected, and empowered and the companies committed to making the lives of these providers economically and socially better.
  4. The customers on the demand side of the platforms should benefit from the ability to get goods and services in more efficient ways that mean they pay for access instead of ownership.
  5. The business should be built on distributed marketplaces or decentralized networks that create a sense of belonging, collective accountability and mutual benefit through the community they build.

The driving forces behind the rise of sharing economy organizations and businesses include:
  1. Information technology and social media
  2. Urban lifestyle & demographic shifts
  3. Increasing volatility in the cost of natural resources


Defining the Circular Economy
The circular economic situation intends to remove waste-not merely from manufacturing procedures, as lean administration desires do, yet methodically and also throughout the life process as well as uses of products as well as their parts. Looking past the existing "take, make and also get rid of" extractive commercial version, the circular economic climate is corrective as well as regenerative by design: Extending the life of products and materials prevents the over-generation of waste and recovers the full value of products. Relying on system-wide innovation, the circular economy aims to redefine products and services to design waste out while minimizing negative impacts. The circular model builds economic, natural and social capital.


Market Trends and Predictions
Galaxy eSolutions predicts that the preowned as well as reconditioned consumer electronic devices market would undoubtedly remain to expand as a result of a selection of aspects, including:
  1. Insatiable need from establishing nations.
  2. Growing needs for a consumer to have a second phone (one for business/work).
  3. Shorter life cycles of consumer electronics and the continuous upgrading.
  4. Growing awareness of the need for environmental sustainability.
  5. Large-scale adoption of sharing and circular economies.


Galaxy eSolutions Problem
Refurbished Phones (B2B/C2B) Industry Pain Points
  1. Phone Versions Unclear/Products Not as Described
  2. Potential Frauds/Scams
  3. High Cross-Border Transaction Costs
  4. Product Movement Verification

A Profitable Sector in Need of Standardization
The refurbished phone trade is a multi-billion USD, high volume and also high trading regularity globalized company and yet it is a complex market as it does not have standardization in areas such as trading terms, product versions and also compatibility, and particularly in item grading and even high quality.

Industry Statistics:
  • Double-Digit gross profit %.
  • Double-Digit Percentage Growth Year on Year.
  • The fragmented industry with a chance for consolidation.
  • Environmental Friendliness (Government and Consumer Support).
  • 30BN USD Market Size by 2020 (Just phones).

Market Trends and Predictions
Galaxy eSolutions forecasts that the preowned and refurbished consumer electronic devices market will remain to grow because of a range of variables, including:
  • Insatiable demand from developing countries.
  • Growing needs for a consumer to have a second phone (one for business/work).
  • Shorter life cycles of consumer electronics and the continuous upgrading.
  • Growing awareness of the need for environmental sustainability.
  • Large-scale adoption of sharing and circular economies.


The Solution
Blockchain: The Solution

  1. Building Trust in a Trustless Environment
  2. Eliminating the Risk of Frauds and Scams
  3. Reducing Transaction Costs and Time
  4. Tracking Product Movement and Refurbishment Details


Galaxy eSolutions is the Answer
Galaxy eSolutions is the answer
Company Overview
Galaxy eSolutions, Limited is a Global Cross-border eCommerce business that is set to become the Market Leader in the Pre-owned and Refurbished Consumer Electronics Sector. We are headquartered in Hong Kong and have our eyes set on Global Markets. Achievements include:

  • Reached almost 2M USD monthly sales within 9 months.
  • Reached monthly operational break-even point in August 2017.
  • Projected to reach 120M USD sales in 2018.
  • Exclusive partnership with licensed Apple and Samsung refurbishment factory in the bonded zone.

Company Details

  • Global Cross-border eCommerce Specialist.
  • Incorporated in Hong Kong.
  • Launched December 2016.
  • Current Products include refurbished Apple phones and iPads, Samsung, HTC, LG, Google phones, and DJI Drones.
  • Overseas support offices in Philippines, Europe, Australia.
  • Total Staff: 55
  • Projected Sales (2017): 20M USD
  • Number of Country Markets: 26 (Europe, ANZ, NA, etc.)
  • Planned Country Markets: 50+
  • The number of Current Websites: 4 main sites (30 if including subdomains which are localized with local languages, marketing, and payment options).
  • Proprietary ERP system.
  • Full eCommerce Solutions including logistics, fulfillment center, payment gateway solutions, RMA support, e-marketing.


Operational Structure
Galaxy eSolutions have a full team of procurement specialists, quality inspectors, customer service specialists, logistics officers, marketing specialists, an IT team, and an accounting team.
Operational structure

Traction and Milestones
Galaxy eSolutions aims to create a “green” global marketplace for refurbished, pre-owned smartphones and other consumer electronics. The company repairs and cleans pre-owned consumer electronics then sells those electronics at a discounted rate online. The entire business process is managed by Galaxy eSolutions.
  • Phones Shipped/Day: ~200
  • Country Markets: 30+
  • Web Traffic/Month: ~2.5M
  • Customers: 30,000+
  • Subscribers: 70,000+

Sales, Contribution Margin and No. Units Sold Growth in 2017


Galaxy eSolutions Financials
Galaxy eSolutions is seeking funds to not only establish its decentralized market and also token application, yet to also robustly scale growth. With the appropriate chance, timing, and partnerships, Galaxy eSolutions is poised for explosive development. So far, about 400,000USD has been used to scale to the current level and monthly operational break-even
the point was reached in August 2017.

Objectives
  • Achieve clear profitability by end of 2018.
  • Exceed 1BN USD sales by 2022.
  • Reach 300M USD valuation of by end of 2022.

Core Metrics
  • Average Order Value: 320 USD
  • Stock Turn: 52
  • Cash Cycle Turn: 52

Note: The above metric simply suggests that a working capital of 5M USD, will allow Galaxy eSolutions to reach 250M USD annual turnover. The cash cycle turn will be improved very soon due to a new payment gateway agreement which will shorten the sales proceeds settlement from 7 days to 2~3 days.
Remarks: Contribution Margin is GP less total direct variable costs of logistics, marketing, transactional, and IT fees


Annual


Galaxy eSolutions Roadmap
Roadmap


Token Economy & Usage and Fund Usage
Token economy & usage and fund usage


Galaxy eSolutions  Partners, ICO Rating, and Listed
Partners
ICO rating and listed


Galaxy eSolutions Team
Management
Blockchain Development Committee 
Professional & Compliance Team
Business & Advisory Team


How To Buy GES Token?
Step 1. Create a Wallet
The first step is that you need to create a wallet that Supports ERC20 and fund it before buying GES tokens. If you already have a wallet ready you may skip to Step 2.


Galaxy eSolutions recommend using myEtherWallet. *Follow our Complete Guide to set up yours and buy GES tokens in minutes.

You may also find these ERC20 Wallets:

  • MetaMask (Firefox and Chrome browser add-on)
  • Mist (Desktop)
  • Parity (Desktop)
  • Parity + Ledger (Hardware wallet)
  • imToken (iPhone / Android)
  • Trust(iPhone / Android)
  • Cipher(iPhone / Android)
  • MyEtherWallet + Ledger / Trezor (Hardware Wallet)

In order to participate in GES Token sale, you will need to have Ether (ETH). You can purchase ETH with your Visa or Master card by using such services as:

  • Bitfinex
  • Bittrex
  • Bity
  • Changelly
  • Coinbase
  • Gemini
  • Kraken
  • Liqui
  • Poloniex
  • Shapeshift

Some of these providers are a lot more costly compared to others; please perform your very own research about where to buy Ethereum at the most efficient price.

Step 2. Buy GES Tokens
Buying GES tokens is easy, What you need to do is simply transfer Ethers (ETH) from your wallet into the Smart contract (Smart Contract Address to be announced.)


***Important: DO NOT BUY GES TOKENS WITH EXCHANGE WALLET
Don't use any wallet of your exchange account or generated by your exchange account such as:

  • Any Bitcoin exchange
  • Any Ethereum exchange
  • Jaxx
  • Exodus
  • Coinbase
  • Poloniex
  • Kraken
  • Bitstamp
  • Bitfinex
  • Bitrexx
  • Cex.io
  • Coinomi

Smart Contract Details Transfer ETH to the following address to receive GES:
0x5b7ea49f9fa4cc48f6737b72bd36bb4b9732bb7d 1ETH = 10,000 GES Token
Only ETH is accepted
Minimum contribution = 0.1 ETH
Gas Limit = 150,000
The contract will distribute GES tokens immediately upon received ETH
By participating in the ICO, you agree to our crowdsale terms*

How can I view my tokens? 
Any ERC-20 token can be added to your local MyEtherWallet interface by following these instructions.

  1. In a new tab, open Myetherwallet and navigate to the “Send Ether & Tokens” page on MyEtherWallet.
  2. Unlock your wallet and click “Add Custom Token” on the right side.
  3. Enter the token address: 0xfb1e5f5e984c28ad7e228cdaa1f8a0919bb6a09b. Identifier as “GES” and decimal as 18.
  4. Click “Save”.

The alternative way to open Ether Wallet on Metamask



Join With Galaxy eSolutinos Official:


Article Created By:
youngcoolzeero
Bitcointalk Username: youngcoolzeero
ETH Address: 0x7B9B5AfA6A5B1f5a22244a00755cC819748dB5e9


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