SUKU Price

SUKU is a blockchain project that provides a global supply chain solution. The project initially aimed towards making the supply chain more efficient and transparent for the B2B sphere, but the team realized that the end consumer would also benefit from this data. SUKU ecosystem serves as a verification tool that connects conscious consumers and brands that try to be transparent with their consumers.

SUKU is also the name of the platform’s token, the main purpose of which is to power the ecosystem. It is also used to reward those who keep the network fully operational by running software that keeps a copy of the blockchain and validate network transactions. The token is built on the Ethereum system. 

What are SUKU’S key features and how does it work?

The SUKU ecosystem has three main solutions:

• SUKU Omni. This helps business owners and other entities to create a supply chain that consumers can easily track and view every element in the chain; 
• SUKU DeFi. Microlending and even collateralization is something that might incentivize new users, especially local small suppliers outside the US, to join the ecosystem and share the data on product origins via decentralized finance; 
• Infinite World. This infrastructure enables anyone to get their products and services launched into the Metaverse fast. This means that physical assets can be turned into digital assets for promotion and as another source of income.

What makes SUKU noteworthy?

SUKU makes a big emphasis on transparency. Transparency and traceability have the potential to bring many advantages to companies and other entities that want end-users to have access to the entire production of their product or service. This feature has become even more relevant today as more and more consumers care about where the product is being sourced, what goes into production, and so on. The Infinite World and DeFi further enhance and promote this traceability.

What can SUKU be used for?

SUKU allows brands and creators to promote themselves in the Metaverse and physical world. If you are a creator, for instance, you can contact Infinite Worlds and get your brand into the Metaverse. Web3 tools provided by SUKU enable creators to present their products and services on their own platform and monetize the content in a new way. 

SUKU also provides other opportunities to promote a brand using SUKU Omni. It proves their trustworthiness and reliability – qualities that are important for modern consumers who prefer buying from sustainable sellers. For example, a company can use SUKU technology to create an app that allows consumers to scan a product and see all of its verification checkpoints. Alternatively, an already existing supply chain system can be decentralized, so consumers can be confident that a supplier has not changed any data for its own benefit.