I have a look at the whitepaper and I think this is an exciting project with many opportunities, especially that e-commerce is a huge market. I just wonder since it is a very big and competitive space with many players, how do you make sure that your company can stand out from the rest of the competitors, including those that are established in the space for a long time? Thanks!
Hello Wellderly,
Thank you for the question. First of all, we will remove bank fees and hidden commissions, but that would not be enough to be competitive with the big names in the e-commerce world. That's why we need to build better technical implementation by putting more effort in making it faster, more user-friendly while combining everything in a modern design. To achieve this we decided to use Offline First approach.
What is Offline First?
Imagine that you are trying to buy a product or just to check the price of it, while you are on the subway or in the mountains, or inside a building, or you are on a long trip or training in the gym (places, where the possibility to have a good Internet connection, is limited). Normally the effect is always the same: an error message, or even worse, an infinitely spinning progress indicator that never gets us anywhere. With offline first implementation, customers will be able to use the platform and to buy goods, even when you don’t have an Internet connection. The data will be stored locally on your device and will periodically try to upload and replicate the data in the cloud.
We will use AI to help us to promote you the products that you actually need based on your behavior on the site.
For the sellers who are going to use our subscription-based model, we will offer them to create a 3d objects for their products. 3d objects will help them to sell much more products because the customers can see very detailed how it looks. Furthermore, it will be available to see it in VR environment.
Also, we believe that we can build faster e-commerce platform than Amazon (which currently is the fastest one). Our SEO which is our main platform architecture was part of a team that builds faster e-commerce website in Germany beating even Amazon. So we have the know-how to achieve this.