REALITY OVERVIEW
Market for goods and services is one of the largest markets in the world. Today, an important component in the development of this market is the Internet, and in the near future it will be a big turning point when most of the market for goods and services is online. However, have two issues are limiting the growth of the market and creating barriers to it. That's the pressure from retailers to buyers and the huge cost that the seller has to spend on ineffective marketing campaigns.
Blockchain technology, with the most common being the cryptocurrency, is slowly changing economic face, especially in the field of payment methods. The use of cryptocurrency allows users to secure, fast, and affordable while still overcome the geographic distance and the exchange rate. This is extremely attractive for the rapidly growing e-commerce market in recent years thanks to the distribution network and the internet. However, the cryptocurrency community in general and the components of e-commerce in particular in the process of accessing, owning, using and storing cryptocurrency are experiencing the following problems:
- The cost of switching between cryptocurrencies, especially between fiat and cryptocurrency is extremely expensive.
- The number of users, locations and the amount of cryptocurrency accepted is limited
- Sellers must to pay too much for advertising while it have less effective, hard to access, and do not receive valuable feedback from customers.
- Customers are not really free to use cryptocurrency in payment, do not really have the right to evaluate or respond to the quality of products and services on the market.
Therefore, the FLOGmall project was born with the purpose of creating a e-commerce platform that accepts payment by cryptocurrency, and provides many useful features and tools to bring about profit and best experience for users.
PROJECT OVERVIEW
Concept
FLOGmall is an innovative platform that connects sellers and buyers around the world. Thanks to FLOGmall, anyone can easily buy goods with any kind of cryptocurrency. Just imagine, you can travel, rent an apartment, buy a car and many other things without the participation of fiat money. The company has support for a new business form called "LiveStores". Stores using this format have videos about their goods and services. This platform aims to eliminate commissions in billing as well as remove advertisements, which is arguably one of the biggest limitations of both the cryptographic space and the world of ecommerce!
How it works?
The FLOGmall team has developed this platform to work with blockchain technology as a basis for development. Because blockchain offers fast and secure online transactions, it also supports all types of data and electronic money. Blockchain technology uses a system where each transaction is recorded and can not be changed forever, so transactions can be maintained and reduce the possibility of data fraud. Blockchain is inherently resistant to data modification. Use blockchain for transactions, open markets, transparency and fairness, democracy, distribution costs and narrow the relationship between advertisers, network providers and customers.
FLOGmall is planning to support more types of cryptocurrency to maximize the convenience of users in payment. The company's token can be controlled by this market and therefore, they will be easier to use. In addition, this new token will not be subject to inflation because it will be limited in quantity compared to the conventional fiat currency. All transactions will be very safe, so there is no way that you will be fooled into buying FLOGmall.
Flogmall’s solution
An e-commerce platform operated by cryptocurrency, FLOGmall will build the most favorable environment for sellers, buyers and owners of cryptocurrency, especially cryptocurrency is issued by FLOGmall in the ICO:
- Global orientation: Help sellers and buyers across the globe interact for the mutual benefit, all activities controlled by independent smart contracts.
- The new store model, LiveStore, enables sellers to advertise their products, include new methods, friendly and effective such as images, blogs, videos, live streams, it also links and encourages participation from third-party partners to evaluate and promote products and services
- Censorship both the seller and the customer, avoid cheating and fraud
- Emphasize the role of the community in developing the platform: allowing customers to leave comments and reviews on products or services to receive discounts or rewards.
- Allowing payment with many types of cryptocurrency, the user has the right to propose and use their cryptocurrency if accepted in the payment. Also show prices in fiat to maximize customer perception
- Analyzes the seller and buyer data to best adjust for each people: the seller has the distribution infomation file, the needs of the customer, the customer has a rating table for each store rating.
- The cost of services on such platforms as advertising, billing is extremely cheap compared to market prices
- Multilingual support for sellers and customers to communicate with each other.
Currently, the project has MVP at: https://alpha.flogmall.com/
TEAM
Aleksey Khayrutdinov is the founder of the FLOGmall project and is a knowledgeable person with extensive experience in the e-commerce space that has established topzakazz.biz an online store and implementation service. He specializes in successful implementation of e-commerce projects and has also been retail. The pillars of his experience are more than a decade. Due to his awareness of the imbalance of the benefits of being protected by some and an in-depth study of what his clients think, he decides that there should be a change. Security on all sides of the e-commerce spectrum and availability across national and regional jurisdictions are all facilitated through blockchain technology. The following is the images of members:
Core team
Advisors
CONCLUSION
Ecommerce is a potential field. Some names that have been very successful in this area can be referred to as Ebay and Alibaba. This is also an opportunity and challenge for FLOGmall when they face competition. However, with a great team, I believe they will lead FLOGmall to success. If you are interested in this project, you can learn more by links at end of this article.
USEFUL LINKS
Website: https://flogmall.com
Whitepaper: https://flogmall.com/wp/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2772079
Telegram: https://t.me/flogmall_en
Instagram: https://www.instagram.com/flogmall_en/
Facebook: https://www.facebook.com/flogmallico
Twitter: https://twitter.com/flogmall
Medium: https://medium.com/@flogmall
Reddit: https://www.reddit.com/r/FLOGmall/
Author:
Bitcointalk username: kld_hp
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734