The token doesn't actually serve much purpose? (like most projects, I'm not singling you out). You don't really require an ICO for this, but alas - this is what most companies will do - raise money if it's easily done.
So good luck nevertheless.
What You mean not serving purpose?
Please read whitepaper and with all honesty write real opinion, not after taking 1 minute to read landing page.
We need ICO for making blockchain for marketplaces, ICO platform for marketplaces and decentralized visual marketplace builder. Also we have proved ourselves with delivering 1st product which is in high demand in crypto marketing niche. And ICO is not easy thing, this is super hard.
1) The CMA coin is the only payment option on the CMA marketplace;
2) All marketplace publishers will be able to lock-up to 5,000,000 CMA token to get 50% discount on fees; (1000 publishers locking up 5 mil CMA = 5,000,000,000 - half of our supply) and 1000 publishers is like very small fraction of whole market!
3) CMA coin also will give access and will be used on new products. (New blockchain for marketplaces, visual decentralized marketplace builder and ICO platform for marketplaces)
4) CMA coin will be swapped to new blockchain main coin.
5) We will get into the biggest exchanges and will make a partnership with Crypto.com, as this is part of our ecosystem!
I get where you're coming from. But understand my perspective: all of those things can be delivered without a native token. You're adding extra steps to be able to further monetise the service (all fine and fully understandable - but I just felt like posting what I had posted - it's been a repeated theme).
Only payment > because you choose it to be. That's not a selling point
Locking up tokens > Doesn't do anything other than "restrict supply" (supply was generated from thin air anyway..). Does locking up mean it's unmovable? Or can the team use those tokens?
Access to new products > Ok I suppose a blockchain that is somehow special for marketplace ads would be cool (if there's something unique there)
Swapped to main coin > Same thing as ERC20, still just a unit of account.
Getting onto exchanges > Like other tokens out there.
Note I'm not attacking your project - I think it's great. I just think all of us as an industry should cut out the unnecessary where we can (but by all means - make money from this while you still can
we are in the biggest bubble of our lives - it is imperative to do something worthwhile with it)
I'll keep my eyes out for the "decentralized visual marketplace builder", sounds interesting.
Thank You for getting back to us. Our
CMA marketplace is fundament for building Decentralized Ecosystem of Marketplaces. The first business used as leverage which will be supporting creation of Decentralized Ecosystem of Marketplaces.
Answering to Your specific questions and opinions:
1) Coins are locked by sellers to receive 50% discount on transaction fees. As long as seller have locked up 5 million coins, he is getting discount.
We can't use his coins.. While coins are locked and demand by buyers of the crypto marketing is growing, coin value grows. More ICOs/IEOs/STOs/Post fundraising Crypto projects - more demand. Just ask Yourself - Why You would ever go buying marketing for Your crypto project elsewhere if everything You need is in CMA? Would crypto marketing outsource things somewhere else if they get everything on CMA? We are
2) New Blockchain for marketplaces, not just 1 marketplace with ads/marketing (which is our first product). I would suggest read Whitepaper or at least one-pager for this, but I will explain here as short as possible.
We are going to make blockchain which will store data (starting from asking price, description, images, etc.) about the products submitted by Producers/Sellers of Products/Services. Data is submitted by these people so they sell their products globally through connected marketplaces to our blockchain.
Then there are marketplaces which are connected to blockchain and are going to sell the products/services from the blockchain and earn their markup on these products.
Let's summarize: Sellers/producers of goods need to sell their products to global market and marketplaces need the products for sale to make money. So all the sales/marketing is done by marketplaces, but producers and sellers can focus on delivering the goods/services. This basically is platform which connects all the marketplaces and sellers/producers. Cutting out middle man like Amazon, Alibaba, Aliexpress, Ebay. What are the main benefits for producers?1) They can choose where they want to sell their products/services and get instantly their products marketed on global scale through network of marketplaces. (Old way would be put their product on each marketplace one by one and do their own marketing, while amazon.com takes big fees)
2) They do not need do any marketing, but only focus on production of products/services and delivery.
3) They can be very small producers - stay at home mom - for example, who is making jewerly or some rare stuff or even a beer.
)
What are the main benefits for marketplaces?1) They can chooce which products they want to sell, for example, it can be local decentralized marketplace in Germany who sell only craft beer from whole world.
2) They need only do marketing and sales, and they earn markup from the products/services they sell.
3) Access to global database of products/services to get instant supply side. (Perfect for new marketplaces)
There are a lot of other benefits, but the main point is that monopoly of giants as amazon, ebay, aliexpress, etc. Have to be balanced out by decentralized marketplaces around the globe. We are seeing people moving towards this already by creation of their own decentralized Uber or other marketplaces.
Then to make this explosive we will have great incentive products as:A) Decentralized Visual Marketplace Builder - it will allow anyone sitting at their garage make next Uber or Amazon!
B) ICO platform for marketplaces - it will allow the same people from garage raise funds for marketing after their marketplace is created!
C) These people will need market their ICO and their first place for marketing will be our crypto marketing marketplace!Our native coin will be used in everything - creation of marketplaces, fundraising, blockchain transactions, etc. And CryptoMarketAds.com - crypto marketing marketplace will be first on our new blockchain meaning that all the services we will get from our blockchain submitted by service providers.P.S. We have also partnership: local service marketplace waiting for our blockchain to move their business on it.