eMarketChain - buying & selling products with 0% commissions on eMarketChain
eMarketChain is a decentralized market that operates on blockchain technology, where everyone can publish products that he would like to sell, and customers can browse and buy without paying any commission for their purchases. Using blockchain technology and introducing its own EMAC token, the platform was able to completely remove all commission fees, including the transfer fee that existed in the bank transfer. Along with its own EMAC token, the platform will accept ETH and BTC, as well as the standard fiat money. The product is designed specifically for the end user. Buyers can buy cheaper products, and sellers can sell their goods at their real price.
eMarketChain developers announced the platform’s goal - to remove intermediaries in transaction chain and, accordingly, to eliminate the excess commission. The current situation in the e-commerce world works as follows: the largest online stores, such as Amazon, eBay, AliExpress, etc., take commission from buyers up to 15%, of which 3% are sent to banks and 12% are collected for platform online stores. Is there sense to pay 15% of the money to services which do not have additional value for a buyer? This is an example of what the platform is trying to solve - to return the economic value to the users.
The project started to develop in November 2017 with the launch of Testnet application. The beta version of the project has already been launched, EMAC token has been released, and the team of professionals has been assembled. The final version of the platform is planned for Q3 2019. eMarketChain platform operates using a peer-to-peer network that instantly checks information. The work on the platform is convenient, simple and safe due to its excellent interface.
EMAC Token is designed to perform any operations on the platform. It is implemented on the basis of Ethereum according to the ERC20 standard. Preliminary sales on the platform were held from April 15 to 29. The project's hardcap is 18,000 ETH. This amount is not collected, although the project has every chance to succeed. Now to achieve the hardcap level, the creators of eMarketChain plan the main sales, the total value of which is 32 000 ETH. The ICO lasts for a month - from April 29 to May 29. Of the total number of tokens issued (454 million EMAC), 80% are directed for sale, the remaining 20% are distributed in equal proportions for the development of the platform and for the payment of the services of the team and advisers.
Undoubtedly, the most favorable price for eMarketChain tokens was set during the pre-ICO and amounted to 12,000 EMAC per 1 ETH. During the main crowdsale, it is profitable to buy a large volume of EMAC, since the crowdsale platform depends on the level of the hardcap achievement. The number of tokens per 1 ETH is based on the principle - the closer to the end of the ICO, the smaller the discount is. So, for 1 ETH it will be possible to acquire:
- 11 500 EMAC at the hardcap level of up to 10 000 ETH;
- 11 000 - from 10 001 to 20 000 ETH;
- 10 500 - from 20 001 to 30 000 ETH;
- 10 000 - from 30 001 to 32 000 ETH.
The funds raised during the ICO are planned to be distributed as follows:
1) 45% - for the development of the platform;
2) 30% - for marketing and business expenses;
3) 20% - for eMarketChain integration;
4) 5% - for administrative and legal issues.
Thus, eMarketChain platform is a modern solution for interaction between a seller and a buyer without intermediaries. The advantages of the platform are its economy, flexibility and prevalence in the long term all over the world.
Website: https://emarketchain.co/
White Paper: https://emarketchain.co/whitepaper.pdf
Telegram: https://t.me/joinchat/AAAAAEWU4oAsV5Ic6bgTDg
Facebook: https://www.facebook.com/eMarketChainEMAC/
Twitter: https://icobench.com/ico/twitter.com/eMarketChainCo
Medium: https://medium.com/@emarketchain
ANN: https://bitcointalk.org/index.php?topic=3197622
Author: https://bitcointalk.org/index.php?action=profile;u=980049