Nowadays crypto-based operations are being slowly implemented into such spheres of human life as business and social activity. It is obvious that ecommerce businesses have not exploited the capacity of blockchain power yet. Ecryptostore is a feature-packed platform empowered by the NEM-blockchain that provides a payment gateway by using fiat or multiple cryptocurrencies.
https://freemarkettoken.io/
Ecryptostore supplies user with the following opportunities: to sell, search, buy and review products and services worldwide. The platform is already on stream to enable operations with cryptocurrencies with the application. Transactions are available in crypto and fiat currencies through a payment gateway. The platform was created to be convenient for novices and to support crypto professionals and ecommerce merchants.
Core features of the platform
The Ecryptostore platform is a multi-featured marketplace for P2P transactions of goods and services. Such features as secure chat, various options for payment, business analytics and more will be offered on the platform. System operates in correspondence with the following principles:
- There is no need to have a capital to create a buyer or a merchant account. The system verifies user’s personal data and activates the account. All accounts are reviewed and verified by the system of control to prevent the registration of fake accounts.
- According to the road map, the Ecryptostore wallet will be released. It is announced that the wallet will supply buyers with an opportunity to store FMT tokens and other cryptocurrencies in one safe and quickly accessible place.
- Ecryptostore will allow buyers and sellers to connect through quick and safe chat. Users may influence the merchant’s rating, because they verify and control the quality standards of goods and services.
- Payments will be made directly into the Ecryptostore wallet avoiding any third-party commissions. Merchants will have a choice to receive FMT tokens or other cryptocurrency as a payment for their services and goods.
- The so-called Audience Incentivized Gift Marketing feature will allow users to get free FMT tokens from buyers by advertising their products on the Ecryptostore platform. This feature will also allow the merchants to engage targeted potential customers by proposing bonuses, special prices and others.
- The buyer's reviews and feedback will improve the market position of the merchants. It is announced that Ecryptostore will reward merchants with high rates.
Advantages of the Ecryptostore system
The platform payment system is powered by the FMT token. The term FMT stands for Free Market Token. FMT token will allow merchants and buyers to use the services offered by the Ecryptostore platform. But not only merchants and buyers will benefit from this platform. FMT token holders will be rewarded, when the FMT utility token grows in acceptance and its strengthening is observed.
https://freemarkettoken.io/
The key idea of the Ecryptostore platform is to allow anyone who has Internet access to buy or sell goods and services using both cryptocurrency and fiat money. The customers of the system will enjoy the following advantages of the system:
- The platform creates safe environment to transact with minimal risks and protects it against hacker attacks.
- Every purchase is provided with tax invoice.
- Merchants don’t have to attract developers to create an ecommerce store. The system is convenient and easy-in-use both for merchants and buyers.
- A great number of goods and services are conglomerated on a single platform. It attracts a wider audience.
- Cryptocurrencies are accepted from any place in the world.
Token Sale Plan
To sum it up, according to Ecryptostore, the platform was created with an idea for global expansion. It is announced that the strategic marketing plan is devoted to such important features as: translation of the system in other languages, taking into account the different cultural experiences and personnel support. It is of great value to mention that the idea of the Ecryptostore platform is to improve and simplify the system of P2P transactions worldwide. According to Ecryptostore, the FMT community members voted that the system would donate approximately 15% of the total net revenue to charitable organisations. We should add that it is planned by Ecryptostore to make all reasonable efforts to obtain any relevant licenses and regulatory approval for the e-commerce business.
Links:
Website: https://freemarkettoken.io/
WhitePaper: https://bit.ly/2Nw8kFK
Telegram: https://t.me/joinchat/H_P85Q7-pxvdKsIM4ZWiiA
Facebook: https://www.facebook.com/FreeMarketToken/
Twitter: https://twitter.com/freemarkettoken/
Medium: https://medium.com/@freeMarketToken
ANN: https://bitcointalk.org/index.php?topic=3866052
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.