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Topic: [ANN][BOUNTY][AIRDROP FOR HOLDERS] BCShop.io - a marketplace on smart-contracts - page 105. (Read 31762 times)

newbie
Activity: 28
Merit: 0
Funds gained from selling 5% of the tokens at TGE stage will be used to create a reserve for implementing bancor protocol (www.bancor.network). This is the way to reach independence from the stock markets.
newbie
Activity: 28
Merit: 0
When tokens are passed from one holder to another, all the bonus tokens which was allocated to the first holder by the time of passing, is still available to them. In this case,
previous token holders can get their bonus tokens by the regular way by sending one BCS token to the smart contact.
newbie
Activity: 28
Merit: 0
Owner of BCS tokens can check (for free) how many bonus tokens he would get for one BCS token and decide if it's profitable for him to make an exchange or continue
accumulating of bonus tokens. The longer he accumulates bonuses the more profitable the exchange gets.
newbie
Activity: 28
Merit: 0
Bonus tokens BCB are credited to the same wallet on which BCS tokens are stored.
newbie
Activity: 28
Merit: 0
A large part (80%) of the commission collected on the platform goes to provide ETH value of bonus tokens.
newbie
Activity: 28
Merit: 0
BCS tokens will be issued at PreTGE and TGE stage, it will be a one-time issuing, and the quantity will be limited. BCS is a standard ERC20 token based on the Ethereum platform. Project business model and role of tokens:
1. Funds for project development and its integration with various vendors are raised at the stage of issuing tokens.
2. At the stage of the project operation, tokens will serve for exchanging for bonuses among their holders. Bonuses can be used to pay for goods and services inside BCShop.io platform.
3. Profits will be generated through a small sales fee (0.5%-2%), which will be withheld from every payment (from the vendor`s side) and will be received to a separate smart contract. 80% of the fees will be used to provide bonus tokens with ETH value. Every owner of the BCS token can trigger a specific function of the smart contract to get the amount of bonuses that he hasaccumulated in exchange for 1 BCS token.
4. The commission and bonuses are the fuel for the economic system of our project, the give the commodity value to the tokens.
newbie
Activity: 28
Merit: 0
It is worth mentioning, in case of integration with new blockchains, BCShop.io tokenholders will still receive the commission share, independently from the blockchain these fees are gathered on
newbie
Activity: 28
Merit: 0
We constantly monitor technological development and consider the possibility of integration with other blockchains supporting smart contracts, which offer
enough opportunities to implement BCShop.io functionality.
newbie
Activity: 28
Merit: 0
20 ethers min. contribution is very high
This is a pre-sale for large investors, later will be lowered the minimum threshold for all comers.
member
Activity: 67
Merit: 10
20 ethers min. contribution is very high
newbie
Activity: 28
Merit: 0
For extra protection against dishonest vendors, the rating system considers the price which the product was purchased for. That makes it impossible to drive up the ratings by offering a very low price and then start to sell the product for a high price; as the first negative rating will overpower all the positive ratings.
When viewing a product, buyers can also see a summary vendor rating, which is calculated based on the summary ratings of all the products offered by that vendor.
newbie
Activity: 28
Merit: 0
Rating system is established at the smart contracts level and it is based on the experience of real customers only.
newbie
Activity: 28
Merit: 0
Every purchase is recorded in the product smart contract, which automatically creates a positive product rating. In the case of the vendor`s poor performance or if there is a complaint about the product, a buyer is able to change positive feedback for negative and tell future customers about their negative experience.
newbie
Activity: 28
Merit: 0
While creating a DPS (digital product or service) offer, a vendor can set up a period during which buyers can get their money back.
newbie
Activity: 28
Merit: 0
DPS that require verification (for example tickets to live events) can be sent to the e￾mail as a QR code, which can be verified at the entrance with the help of a smartphone
and our verifying app.
newbie
Activity: 28
Merit: 0
Use of automated MoneyBack function allows an increase in BCShop.io users` confidence in performing transactions.
newbie
Activity: 28
Merit: 0
A vendor does not need to have a database or any other centralized server for transactions record. In fact, anyone can be vendor without participation of an additional intermediary of any kind, one only needs their home computer to do that.
newbie
Activity: 28
Merit: 0
A vendor can use the website for tracking basic information about products and for monitoring the course of the sales. The following features are available through the website:
1. Output of the information about the products connected to the Vendor Contract.
2. Review of data on every product.
3. Editing product data (price, quantity, sale period, etc.)
4. Removing products from sale.
newbie
Activity: 28
Merit: 0
Vendors create smart contracts with the help of our website bcshop.io.
newbie
Activity: 28
Merit: 0
Payment within  the  BCShop.io  service  means  transferring  Ethereum cryptocurrency for digital product or service (DPS) to the smart contact defining the conditions of sale/providing this DPS.
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