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Summary of Invitoken
- Established blockchain division in Q1 2020
- Aims to create an ecosystem for exchanging luxury goods for virtual assets
- Utilizes blockchain technology and large warehouse-type luxury stores
- Offers full-fulfillment services for used goods and parallel importers
- Targets B2B and B2C sales through online and offline channels
- Aims to become a trusted, integrated luxury sales channel like department stores
- Key figures: Q1 2020
About Invitoken: Empowering a New Era of Innovation
INVITREE (INVI) inaugurated a dedicated blockchain division in Q1 2020, with the primary objective of securing investments to develop a comprehensive ecosystem. This ecosystem enables the seamless exchange of luxury goods, closely mirroring real-life consumer experiences, for virtual assets within a bespoke marketplace.
By leveraging blockchain technology, it captivates consumers and draws their attention with sprawling, luxurious warehouse-style stores, offering a diverse range of high-end products, including clothing, accessories, jewelry, and miscellaneous goods. Additionally, it provides comprehensive fulfillment services for pre-owned items and existing parallel importers.
As a premier platform for the distribution of luxury goods, it strives to drive sales through both B2B (online and offline sales channels) and B2C (membership-based warehouse stores), ultimately evolving into the sole, trusted, and integrated luxury sales channel, akin to esteemed department stores.