The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.
Because of the access to the internet we are able to get information about one of the most incredible crypto-project which is known as storeplex
Storeplex is the world’s first fully functioning ecommerce marketplace that allows users to buy and sell products and services on the blockchain. The marketplace is seeking to spark a revolution within ecommerce by combining one of the most profitable industries with blockchain technology. By using the Ethereum blockchain, Storeplex is able to achieve a decentralised marketplace while utilising all of the advantages that come with blockchain technology. The use of smart contracts provides our users with a secure and user-friendly approach to cryptocurrency ecommerce.
A project of this size and ambition requires funding to continuously improve, evolve and innovate as the leading decentralised marketplace. This is why they are crowdfunding via an initial coin offering of our PLEX token. They believe that this method of funding is the most beneficial to their project and to their users as it allows the community to actively participate in the development of the marketplace. In return, participants of the initial coin offering will receive PLEX tokens at a heavily discounted rate. This provides a great opportunity to increase initial investment while supporting a revolutionary project.
The Objective
The objective is to combine ecommerce and blockchain technology to create a global marketplace, while solving numerous problems that are present with centralised marketplaces, such as eBay and Amazon. By raising funds via an Initial Coin Offering, they are able to further develop the Storeplex marketplace and implement an efficient marketing strategy. This ultimately provides a better end-product to our users. The token sale will allow investors to purchase PLEX tokens at a reduced rate, which helps fund the project. Investors will receive a utility token that can be used on the Storeplex marketplace as well as traded on supported exchanges.
Problems and Solution
Being the latest blockchain project aiming to disrupt a multi-trillion dollar industry, the Storeplex marketplace allows both everyday users and merchants to buy and sell products and services for cryptocurrency by combining one of the world’s most profitable industries with blockchain technology. One of the biggest problems currently facing the ecommerce industry is fraud.
The Storeplex marketplace is a revolutionary step in combating fraudulent transactions and users on ecommerce marketplaces by ensuring that its users and funds are secured and protected by smart contracts. Through the utilisation of the Ethereum blockchain and the use of custom built smart contracts, Storeplex is able to provide its users with a secure and user-friendly approach to cryptocurrency ecommerce. The platform also charges its users no final value or listing fees.
The Advantages of Storeplex
Storeplex will be the ideal marketplace used to sell and purchase goods and services.
The presence of the community investment fund will promote small-scale entrepreneurs.
Sellers will be able to upgrade their accounts and promote their listings.
The platform will be accessible and low-cost means of accessing goods and services as there will be no processing fees charged when users transact using Plex tokens.
The StorePlex Blockchain
Uses blockchain technology
Every transaction and listing is stored on the blockchain and is persistent.
Reliable and secure
Blockchain never goes offline allowing for maximum uptime while also preventing listing tampering and account compromisation.
Scalability
The Storeplex marketplace will dynamically support thousands of merchants and millions of listings.
No insertion fees
There are no insertion fees for sellers when they create listings.
No processing fees
0% processing fees for transactions using PLEX. Only 1% processing fees for other supported payment methods.
Community funding
Community Investment Fund will be used to assist small-scale entrepreneurs in expanding their business.
Feedback system
Merchants can accumulate feedback and ratings on transactions which are stored on the blockchain and can be used on other mediums.
Cashback scheme
Purchases made using PLEX receive a 3% cashback.
Buyer & seller protection
The Smart Contracts protect buyers and sellers from fraudulent transactions by utilising an escrow.
Token and ICO Details
Storeplex Logo PLEX is the marketplace’s primary currency which utilises the ERC20 Ethereum token standard. It can be used to purchase goods and services on the Storeplex platform. Every listing on the marketplace will accept PLEX alongside other supported payment methods. PLEX can be transferred between any ERC20 compatible wallets, such as MetaMask, Parity and Mist. This allows PLEX to be freely traded on exchanges as well as being used on the marketplace. There will only be a maximum of 100,000,000 PLEX in circulation.
Token Details
Ticker Symbol: PLEX.
Platform Ethereum (ERC20).
Accepts: ETH.
Soft Cap: 2,000,000 USD.
Hard Cap: 20,000,000 USD.
Total supply 100,000,000 PLEX.
The Plex ICO
By raising funds via an Initial Coin Offering, we are able to further develop the Storeplex marketplace and implement an efficient marketing strategy.
This ultimately provides a better end-product to our users. The token sale will allow investors to purchase PLEX tokens at a reduced rate, which helps fund the project. Investors will receive a utility token that can be used on the Storeplex marketplace as well as traded on supported exchanges.
Token Distribution
WHY YOU SHOULD CHOOSE PLEX?
Purchase of goods and services on the Storeplex marketplace
Promotion of users' listings and upgrade seller accounts
To support entrepreneurs in the Community Investment Fund
Transactions using PLEX will incur no processing fees
Purchases made using PLEX will receive 3% cashback
Can be freely traded on exchanges
PLEX has a constantly growing demand due to its usefulness
Has a limited maximum supply of 100,000,000 PLEX
ROADMAP
Late 2017
Storeplex project founded
Late 2017
Storeplex marketplace development begins
Early 2018
Completion of marketplace demo
Mid 2018
PLEX token airdrop
Mid 2018
Marketplace demo available
Mid 2018
PLEX token pre-sale
Mid 2018
PLEX token main sale
Late 2018
PLEX listed on exchanges
Mid 2019
Storeplex marketplace live
THE TEAM
Rylan Jackson - Co-Founder & Lead Developer.
Stephen Jackson - Co-Founder Jordan Hinks Senior Developer.
Seán Lyons - Economic Advisor.
Daniel Grice - Manager of Community Relations.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: http://www.storeplex.io
Whitepaper: http://storeplex.io/documents/STOREPLEX_WHITEPAPER.pdf
Roadmap: http://storeplex.io/#roadmap
Twitter: https://twitter.com/storeplexio
Telegram: https://t.me/joinchat/HkVaF0cOO4clBNwv8i4VcQ
Github: https://github.com/Storeplex/Storeplex
Reddit: https://www.reddit.com/user/Storeplex/
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995