eMarketChain Introduction
Our goal as a team is only to point out the obvious truth: the services that the big online stores are offering were a revolutionary 15 years ago. Here at eMarketChain, we believe that in 2018 a new revolution is much needed.
The eMarketChain technology uses shared ledger information through a peer-to-peer network that validates information almost instantly. The validity of information is unquestionable due to the underlying blockchain technology, where the same piece of information is stored in millions of computers. Utilizing blockchain as a foundation technology, eMarketChain aims to catch up and eventually outrun current market leaders – providing an unprecedented advantage for all end customers.
The transparency offered by the eMarketChain environment allows the user to see what he/she is being charged, immediately. The process will look completely identical – with the same WYSIWYG functionality, oneclick optimization, and other details, as would be expected in the more conventional virtual space. Via eMarketChain, you will be able to choose from a list of category products, vouchers or even services.
Our solution eliminates any unexpected charges. This way the user won’t receive any such sudden add-ons. The underlying blockchain technology simply does not make it possible. The networked, democratic, peer-topeer-like nature of the cryptocurrency world can be fully exploited by eMarketChain for the beneft of its users.
BUSINESS MODEL
We aim to create a healthy and stable community. As such, having an unbiased rating system is one of our top priorities. Payments will beneft merchants with additional information in the form of analytics dashboards, bump in the position of their listings when customers browse, as well as additional subscription-based features.
Freemium
With our freemium model, we give the opportunity for merchants to get more out of eMarketChain.co. With additionalpayments, they will be able to increase the visibility of the product(s)they have listed. This will be done by bumping their listings higher in
the search results of customers. Having this increase in visibility will help merchants to gainmore exposure, and thus, potentially increase theamount of sales they make substantially.
Subscription-based
Our second approach - the subscription-based model, is aimed solely for merchants. Upon subscribing they shall receive the following benefts:
promotion of their goods with better quality pictures compressed automatically by the eMarketChain platform, along with a broader suggestion engine for the items or services they are offering;
weekly suggestions on how to improve their advertisements, provided by our dedicated marketing specialists;
similar to the freemium approach, the possibility to list their offers
higher in the results shown to customers.
The subscription fee per month is fxed and will be between 19$ - 49$ depending on the chosen package.
EMAC
Shop
eMarketChain.co will be the ofcial marketplace provided by eMarketChain. With an intuitive, user-friendly design, we aim to create a platform where:
customers can easily fnd the goods they are interested in;
merchants will have the ability to instantly list the items that they
offer.
In eMarketChain.co, customers completing a purchase will have the opportunity to give a rating to the merchant or the item that was purchased, as well as a general review. We aim to create a stable marketplace and community, where people need not worry about potential fraud.
eMarketChain.co will focus on creating a payment environment that is more straightforward, faster and cheaper than what is currently the norm in such platforms. With the rise of blockchain technology and the notion of decentralization, we can create an alternative to the payment
methods used nowadays. The benefts of such a solution are going to be felt by both customers and merchants.
Focusing on decentralization, our main method for payment shall be via our very own EMAC. Using this method, there will not be anycommission fees for the parties involved. Thus, customers can expectto save up to 15% per purchase, as compared to regular platforms.
Yet we wouldn’t want to hamper people by enforcing solely this type of payment. That is why we will be implementing the option for customers to buy goods also with:
BTC;
ETH;
Traditional Fiat Payment.
Each of the above-mentioned alternatives will not beneft fully from the 0% commission fee, introduced with EMAC. For BTC and ETH, the fees that need to be paid are determined by the implementation of therespective cryptocurrency. Fiat purchases, respectively, will operate with
the standard fees associated with them.
Token
EMAC TOKEN Overall Campaign :
Project Description : eMarketChain is an innovative blockchain powered ecommerce marketplace + technology, where you can buy and sell products without paying any commissions to the middlemen.
Token Symbol : EMAC
Token Background : EMAC is built as an ERC20 token on the Ethereum blockchain based on https://openzeppelin.org/ project.
Smart Contact Informationn
You can fnd our smart contract at: https://github.com/eMarketChain/EMAC
The smart contract is characterized with complete pre-defnition that ensures all possible scenarios are specifcally programmed from the beginning until the end. This means:
• the Smart Contract operator will generate 454,000,000 EMAC tokens and at the end of the main sale, all unsold tokens will be destroyed;
• the Smart Contract operator can not modify the price at his own will;
• all exchange rates are predefned and can not be modified manually;
• this architecture provides full transparency, predictability and oversupply protection for all participants.
The Smart Contract can be publicly verifed at the following address:
https://etherscan.io/token/0xA6015fcAA9fb45A7C6ae802fc5Ba834aee3eED33
Token Allocation
80% Public Sell
10% Reserve for Future Development
10% restained for Team, Advisor, Community, EarlybBackers
ICO
To be able to successfully carry out this project, funding is required. For this reason we shall hold out an ICO, during which people interested in our platform can buy EMAC tokens at the best conditions, while at the same time helping us to continue forward.
We will launch our token sale on a 2nd round model and by following the best established practice in terms of security and transparency.
Target Raise: 18,000 ETH
Hard Cap: 32,000 ETH
Scheduled Start: 14:00 GMT on 15th of April 2018
Planned End: 14:00 GMT on 29th of May 2018
Pre-sale will begin on the 15th April at 14:00 GMT. The Main Sale Event will begin on the 29th April at 14:00 GMT. EMAC tokens will be created exclusively through a smart contract, and the token sale itself has a total hard cap amount equivalent to 32,000 ETH. The unsold tokens will be destroyed at the end of the event.
EMAC tokens will instantly be sent to buyers’ wallets at the time ofreceiving of Ethereum, and they can use it on the eMarketChainmarketplace to buy or sell products after the 1Q of 2019. The alphaversion of the marketplace can be accessed on the following address:
https://eMarketChain.co/emarket/
The smart contract will exchange ETH into EMAC according to the current exchange rate and will immediately transfer it back to the address from which the ETH was sent. The transfer will happen directly between the smart contract and the private/personal wallet of each participant.
The smart contract does not allow manual change of the price, or any other variables. The smart contract state (change from pre-sale to main event), fnalization/end of tokensale and the exchange rates are all precoded.
• Instant conversion of ETH into EMAC and instant distribution back to the wallet from where the ETH has been sent (upon processing of the transaction on the Ethereum blockchain);
• Participants will use their own wallets instead of creating a wallet on our website. We recommend using MyEtherWallet.com for the purchase process. You can check our tutorials on the following
address: https://emarketchain.co/how-to-participate/
OFFICIAL LINK
WEBSITE - https://emarketchain.co/
WHITEPAPER - https://emarketchain.co/whitepaper.pdf
AUTHOR CENATOWN - https://bitcointalk.org/index.php?action=profile;u=1205498
ETH ADDRESS - 0x2f024C06ac5F3bD661864c39c13e838925Cd193f