Introduction
One of the most rapidly-growing economies of the world in the last one year is the e-commerce market. The industry experienced a turnover of trillions last year and there are clear indications that it could be more. As the e-commerce market is gradually adopting cryptocurrency in it’s operation mode, the boom is bound to soar higher.
Challenges of the e-commerce Market
In spite of this large successes witnessed by the e-commerce market, there are some problems that keeps limiting its growth to certain levels. One of such is the high cost of transactions and the wanton compromise of users privacy.
Traditionally, managing a centralized platform cost a lot as current platforms are developed with a centralized system which needs constant investment in facilities and some third-party and credit platforms. The cumulative effect of this on the consumers is the excessively high fees for the buyers and reduced profit margin for the sellers.
Solution Offered by Plaza Protocol
Plaza Protocol
Plaza introduces a blockchain and smart contracts solution to the challenges of the e-commerce market by developing an efficient network that successfully combine smart lifestyle with technology.
Plaza protocol is out to remove the complications of the Moser technology to ease savings, privacy as well as consumer liberty open to all and sundry. Plaza introduces recent technologies to life by emphasising daily utility, ease, intuitiveness and safety.
Plaza supports an incorporated, user-oriented cryptocurrency mode that allows customized e-shopping at the cheapest prices with the use of a debit card as well as a smart intuitive cryptocurrency wallet that give users the chances of mining the PLAZA tokens.
Plaza was built with special capacity to mask the complications of dealing with blockchain protocols and cryptocurrency usage. On the platform, even users with no technical knowledge can easily make use of Plaza protocol to do their online shopping with much ease. It has been optimized to serve the mainstream traders who have just little understanding of the blockchain system.
With Plaza, users can successfully bypass the high transaction costs imposed by the traditional exchange platforms and they can now trade with the buyer without any need for an intermediary.
Plaza presents an option for users to gain full control on their privacy for those commercial stakeholders who cherish such. Plaza uses a technology that stands to remove fears and reveal the user’s total online capabilities.
In order to ease the process of using cryptocurrency to make payments by the users, Plaza develops an efficient PlazaWallet that works with the PlazaCard debit card for easy transaction.
Currently, majority of the world population can use the debit card. The era of paper currency is fading out gradually. Plaza leverages on this and introduces a cryptocurrency-based platform that can be used by all commercial traders, giving them boundless trading opportunities.
Plaza Token
The main currency of the Plaza protocol is the PLAZA token. It is the local currency that drives the Plaza ecosystem. It is an ERC20 standard type token and it is Ethereum-based. The token can be bought straight up on the platform as well as from external markets and exchanges.
The PL$ PlazaDollar is the major coin for undertaking transactions on the network. The token affords smooth transaction on the network without the need for transferring funds from one platform to another. It is mined continuously to ensure its constant supply.
Token Details
20,325 ETH raised
20%
Soft Cap - 5,000 ETH
Hard Cap - 100,000 ETH
Current Price: 1 ETH = 5,500 PLAZA
Plaza Token Sale
Token: PLAZA
PreICO Price 1 ETH = 7500 PLAZA
Price 1 PLAZA = 0.0002 ETH
Bonus : Available
MVP/Prototype Available
Platform Ethereum
Accepting : ETH
Minimum investment : 0.25 ETH
Country : Singapore
Whitelist/KYC KYC & Whitelist
Restricted areas USA, China
ROADMAP
Q2 2017
- PlazaMarket and PlazaCard integrated concept created.
Q3 2017 - Plaza Concierge concept created. Founders started discussing with other experts to validate demand for concepts.
Q4 2017 - White paper produced and validated. Prototypes developed to refine product offerings.
Q1 2018 - Plaza to conduct an ICO.
Q2 2018 - Develop Plaza platform. Issue PlazaCards. Plaza Concierge production. MerchantChain beta testing.
Q3 2018 - Platform beta testing. Ship Plaza Concierge. MerchantChain launch.
Q4 2018 - Platform launch.
Q1 2019 and Beyond
Conclusion
Plaza is a blockchain platform that seeks to offer freedom and ease for commercial traders in the e-commerce market. It brings an efficient platform that is simple to use, guarantees users' privacy and removes the cost of intermediaries in transactions between users. Plaza is an innovative blockchain platform that rightly address the problems facing the growth of the e-commerce industry.
Useful Information Links
Website
Whitepaper
Yellow Paper
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