The cryptocurrency market experienced a rapid growth this year with the total market cap increasing by 10 fold in just under a year.
With that being said, the rise is not always stable and mass adoption is not yet achieved to consider cryptocurrencies as an actual asset.
At the moment, there are only three e-commerce retailers that approve bitcoins for payment among the top 500 e-commerce retailers in the world; that’s a meager acceptance rate which drops to virtually zero when talking about other cryptocurrencies (like Ethereum)
One, the highly advanced yet underdeveloped blockchain infrastructure is very technical and hard for the average user to understand which hinders the adoption rate.
This results in slow involvement of more users as well as the poor development of new markets, indirectly stopping cryptocurrencies from being used as a universal payment instrument.
It doesn’t take an expert to understand that an asset is useless if their liquidity depends heavily on whether they can be used in the real financial industry or not.
On the topic of e-commerce, there’s another problem especially for online sellers. Experts suggests that over 65% of all retail purchases are made online on eBay, Alibaba, or Amazon.
These platforms have expensive tax rates and hidden fees in addition to the platform’s fees such as commissions in exchanging currencies; at the end of the day, a seller receives on average only around 83% of the total cost of their sales.
International sellers lose even more money due to expensive duty fees while the time frame for checking payments often result in transactions being delayed, resulting in a lack of cash flow for many businesses.
Bazista is a decentralized exchange platform for B2C and C2C that uses the blockchain to provide quick, effective, and secure global transactions between users.
The platform enables users to easily exchange necessary goods and services for cryptocurrency by interacting with other platform users seamlessly.
Bazista takes the best features from platforms like eBay, Amazon, and Alibaba and brings it all together in a user-friendly and intuitive platform while at the same time, solving the inherent problems of e-commerce.
What makes Bazista different is that the platform is incredibly smooth and easy to use interface-wise which makes it attractive to users who may not be familiar with online shopping.
As mentioned earlier, Bazista employs the best features of every e-commerce platform so users can expect to see things like rating systems, optimized product listings, one-click purchases, and a suite of other services.
The Bazista web interface adapts well to any operating system (even mobile devices); the process is so simple that users can post advertisements and buy goods in just a few clicks.
Like all e-commerce platforms, security is an important factor to take care off especially with such large amounts traded day to day.
Hence, the platform pays close attention to the safety of any transactions made with the use of the blockchain’s properties as well as using complex user rating system to safeguard the ecosystem.
Loyal Bazista users will also get rewards such as discounts on goods, access to unique offers, and even commission-free transactions!
All of this is done in a fully decentralized platform which means that transactions are secured by smart contracts and all information about the platform are fully transparent to users.
Make payments in only a few clicks
Bazista makes it super easy to make transactions to the point where users can purchase goods and services safely without having to register.
No hidden or expensive fees
As cryptocurrencies are used as a medium of exchange on Bazista, platform users avoid additional expenses associated with conversion of currencies present in modern e-commerce platforms which can add up to 2-3% of the total sale amount.
Exchanging goods and services for cryptocurrencies within the platform is considered non-assessable; again, this contributes significantly to the reduction of costs for users on Bazista.
Smart contracts and the use of cryptocurrencies for purchases on the platform allow transactions to be made instantly and securely for both buyers and sellers.
Using the platform’s BZS tokens to make transactions
As a user of the platform, you will receive bonus features in addition to the ones mentioned above.
Registered Bazista users will receive free BZS tokens for inviting new users to the platform as well as promoting offers on the platform.
These tokens can then be exchanged for any goods on the platform with special discounts of up to 70% or during sales periods.
Zero to extremely low fees for transactions
Commissions collected by the Bazista platform for transactions are only 4% at most of the final cost of the goods.
Registered sellers can reduce this fee by a higher percentage and even receive commission-free sales by depositing BZS tokens in their account wallets on the platform.
Instant payouts from sales
By using cryptocurrency as a means of exchange for the goods and services offered, you avoid the hassles of confirming and checking payments through local and international transactions.
With smart contracts, your funds will be released to you automatically once a payment is made.
Additional marketing tools
Just like any other network, Bazista grants a host of marketing tools for sellers to promote and increase sales for their products.
For example, you will have no problems creating your own CPA network within the platform where you will be able to regulate fees for users that help to promote and sell your goods.
Here are the details of the upcoming Bazista token sale:
Token name: BZS
Token base: Ethereum (ERC-20 compliant)
Token supply: 440,000,000
Token sale duration: 16th November, 2017 – TBA
Token sale target: $9,500,000
Token exchange rate: 1 ETH = 11,000 BZS