Hamster Marketplace – The Decentralized Solution to Online Commerce Announces ICO Launch

Blockchain-based commerce platform, Hamster Marketplace, is gearing up for its public introduction — formally announcing its development and the date of its ICO. The hope is that the platform will ultimately challenge entrenched actors within the space, such as Ebay, Amazon, and Alibaba.
In the same vein as projects like Openbazaar, Hamster Marketplace aims to bring the benefits of decentralization to online marketplaces via blockchain tech — improvements which it believes are well needed, and will be well received.

Funding for the project will come through funds raised via Hamster Marketplace’s ICO sale with the platform’s native token, dubbed HMPT Tokens — an ERC-20 based coin — will be available for purchase.

THE STATUS QUO VS HAMSTER MARKETPLACE

A problem with centralised marketplaces like Ebay, Alibaba and Amazon is that they have increasingly targeted larger clients such large-scale manufacturers and resellers. These platforms benefit those with a larger advertising budget, more sales, and a higher amount of product diversification, based on SEO and analytics at work within the marketplaces.
https://steemitimages.com/DQmSyr63CdhCeLjMTg2gtyZWbBcxsaPRbQ519cPo3xc3XQb/unnamed%20(2).gif)