Spl.yt is a blockchain-powered global inventory platform that advances the ecommerce industry towards a more inexpensive and secure online commerce experience for all participants. With its innovative smart contract protocol, Spl.yt applies Web 3.0 capability to ecommerce by putting buyers, sellers, and marketplaces first instead of middlemen services that currently dominate the industry. We expect all users of Spl.yt will save time and money through its automated ecommerce functions that remove costly and wasteful intermediaries and applications.
Spl.yt’s core function begins when a marketplace implements its easy-to-use SDK to load its inventory onto the blockchain. Spl.yt’s smart contract core automatically populates and synchronizes this inventory across all other participating marketplaces. Spl.yt token economics are designed to incentivize users to transact fairly and provide for a more secure ecommerce experience. Marketplaces connected to Spl.yt can benefit from higher operating efficiencies, such as automated affiliate-marketing rewards, a global reputation system that cannot be manipulated by a central entity, fractional item sale with decentralized management, and lower-cost dispute resolution. Spl.yt’s system of affiliate rewards is intended to incentivize sellers, marketplaces, and influencers to participate in this interconnected market ecosystem. Further, this assures buyers who use Spl.yt-powered marketplaces that they do not need to browse multiple websites to find the best prices and products. Finally, Spl.yt’s decentralized global reputation system provides peace of mind that reviews and ratings (necessary for buyers to trust sellers) are performed without censorship or manipulation.
The global inventory system also enables innovative marketplaces to offer any item (such as, sports tickets, cars, or art) for fractional purchase and ownership, increasing consumer-access to assets that may have otherwise been unattainable. Spl.yt’s goal is to improve commerce for everyone involved: cost, time, and security are at the heart of these improvements. Blockchain technology and token economics provide a unique opportunity to achieve this goal. To learn more about Spl.yt and the decentralized future of e-commerce, visit Spl.yt Website:
https://www.spl.yt/
Spl.yt Lite Paper:
https://www.spl.yt/litepaper.pdf Spl.yt for Devs:
https://www.spl.yt/devs.html Live dApp:
http://demo.spl.yt/
Medium:
https://medium.com/@splytcore Twitter:
https://twitter.com/splytcore
Telegram:
https://t.me/splyt