BITSTASH - THE DIGITAL MARKETPLACE
BRAINERDPAULIINTRODUCTION
The rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is BITSTASH
BitStash is a peer to peer (P2P) crypto trade market that allows buyers and sellers to purchase or list platform products, goods or services.The BitStash provides a simple and secure market for users to transact seamlessly between each other and with trusted protection provided by our escrow system. 16.8 trillion USD is spent annually on products, goods or services worldwide.
The merce e-com industry is growing rapidly and it is becoming easier to transact across borders. It opens the door to BitStash for a global scale and gives millions of people around the world who are open to online stores and get cryptocurrency; economically developing countries can benefit from this. BitStash will implement multiple language translations for ease of use for all users across our platform.
PROBLEMS BITSTASH AIM TO SOLVE
• Cryptocurrency is not yet widely accepted: Cryptocurrencies and digital assets are still not used by major markets and stores. This significantly reduces awareness, adoption, and usability of Cryptocurrency as a whole.
• The high cost of advertising: large and small markets often tend to charge high rates to advertise on their platforms. They are not transparent at all when it comes to their "Organic and Paid" displays. There are several sponsored options; However, in many cases when you, as a seller, who is paying tiser adver- to advertise select a product, a product that is not advertised will appear higher in natural search. Large companies like Amazon and Ebay do this for big budget advertisers. It uses "recommended ads" to hurt smaller vendors, or they try to start, and take away from a truly fair global marketplace. Manipulating the user experience or search results reduces the ability of users to find what they are looking for.
• Very one of the side settlement process: It is very typical for the market to be one-sided when trying to give a dispute resolution. They tend to trust big vendors, even if you've been with them again. Things do times sometimes get it wrong or forget it; However, just because a big vendor or customer declares them right does not mean that is an ethical program of action.
• Fee transaction fee is high: Not only is it very difficult to find places that will accept cryptocurrency, but if you are a vendor, man-manufacturer, wholesaler, or retailer, it can be costly to sell your product online. Many of his fame lar markets require a monthly subscription to be paid to sell on their platform. For example, Amazon, Shopify, eBay, Alibaba, etc. In addition to their monthly sales charges, users on various platforms also incur the processing fees and transactions they take from vendors or sellers profits. Ultimately, this is driving a common product too expensive to pay the owner of this market. Over time, these costs are increasing from platform to platform; causing the price of the product to rise as well. This is a very bad long-term model.
• Crypto-market requires complicated downloads & settings: If you're smart enough to find other cryptocurrency markets online, then you've found that almost all of them will ask you to download and install their programs to run clients. This can be very confusing for some vendors or customers, and reduce the experience-overall experience that is natural for most consumers. Most consumers will actually lose interest and move on to something more convenient and accessible, which in turn will greatly reduce the opportunity for vendors and sellers to gain a sufficient stream of revenue through their Marketplace.
SOLUTIONS PROVIDED BY BITSTASH
• Market costs as low as possible
Our current cost level will not increase. In fact, they will only decrease over time. The seller's market costs will not be monthly subscription, but will pay a maximum of 3% of the total order.
• Payment Received (Bitcoin, Ethereum, Stash, & more)
Currently, BitStash can process payments in Bitcoin and Ethereum. After crowdsale, we are working to develop internal exchange and integration of Token deposits. Before the end of crowdsale, we will list three additional tokens, which can be used for transactions in the BitStash Marketplace.
• Product ads and Placements
Ads can be a bit annoying at times, however, we've created an ongoing model where ads happen seamlessly in our marketplace. Advertisers will be able to purchase what will be called "ad slots". An advertiser must utilize a Token deposit to start advertising. Ads will be based on first come first serve and will be a dead price in tokens. All ads must meet BitStash standards and must not violate BitStash Terms & Conditions.
• Resolution / Return & Return Center
The security of your cryptocurrency is something that we prioritize and take very seriously. There is a lack of confidence in the internet, especially in cryptocurrency spaces; which is why we have designed and implemented our cutting edge escrow system. This ensures delivery of product orders and payments. In case the ordered item is not delivered or can not be verified as submitted, we will not issue funds to the vendor. Once the support ticket has been opened resolved, the customer's funds will then be refunded. We have worked hard to ensure that vendors and customers remain 100% satisfied with our resolution process.
• Web & Client Application
BitStash has a 100% functional web app that can be accessed from all computers, smartphones, and smart devices that have internet connectivity. This allows BitStash to reach the bottom of the main-stream consumer. Vendors who do not want to download or install any program on their machine can avoid this completely. In addition, you can easily login anywhere in the world as long as you have an internet connection.
THE BITSTASH PLATFORM
SECURE ESCROW AND DISPUTES
Every transaction is placed within our Secure Escrow System until an order can be verified as completed.
ORDER MANAGEMENT
Easily manage all your orders on BitStash, plus receive in-depth analytics and reports on your available products.
SHIPMENT OPTIONS
As a seller you set your shipping locations, pricing, and options. Including your return policy (which is recommended).
EARN AND SPEND CRYPTO
With BitStash you can easily earn and spend cryptocurrency from your wallet within the My Account section.
BITSTASH WALLET
The BitStash Wallet is the core of our entire Marketplace. It falls hand in hand with the escrow service and provides account security with 2-factor authentication. Using the BitStash wallet, you can receive and send cryptocurrency from any device anywhere in the world in a matter of minutes using an internet connection. You can Join our ICO here https://bitstash.co/ico/
TOKEN DETAILS
Token Savings is an ERC20 mark utility in the Ethereum Network. Deposits can be used for market-place transactions, exchanges, paying fees, paying for advertising, and more to come. The name of the savings was chosen because we envisioned BitStash as the number one market and exchange for cryptocurrency and merchandise. Allow both merchants and consumers to store tokens or use them to transact on a platform.
Token Name: BitStash
Symbol: STASH
Total Supply: 36000000000 save
Protocol: ERC20
Seed funding: May 2018
Pre-ICO: June 2018
Crowdsale: July 2018
Token Price: 1 ETH = 600,000 stash
Bonus Levels: none
The purpose of the Stash Token
There are many reasons for depositing a Token in the Cryptocurrency Room. They will be used as the only form of payment for ads in the BitStash Marketplace. In addition, all seller and withdrawal fees are calculated in Token deposits, while the pen exchange process happens at the same time on the backend. Furthermore, at the end of each quarter, BitStash will airdropping 10% of all market fees for holders of Token deposits accordingly to determine their balance. A higher balance will result in a higher amount of airdrop. Token deposits can be used as a form of payment with a real-time market rate. You can send to different wallets to complete transac- tions. The BitStash team continues to grow and create new usages for Token deposits.
Allocation of Token
Crowdsale: 66%
Team: 15%
Advisory & Bounty: 5%
Reserve fund: 14%
ROADMAP
FOR MORE INFORMATION PLEASE VISIT THE LINKS BELOW;
Website: https://bitstash.co/
whitepaper: https://bitstash.co/bitstash-whitepaper.pdf
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3735106.0
Twitter: https://twitter.com/bitstashco
Telegram: https://t.me/bitstashmarketplace
You can Join our ICO here https://bitstash.co/ico/
E-mail: hello@bitstash.co
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409