Blockchain Marketplace to Release Beta MVP

Blockchain is used by Storiqa to make an ordinary business model of marketplace more transparent, reliable, and consistent
04 June 2018   1396

After successful ICO, which brought $25MStoriqa has revealed to users its beta version of the MVP.

55 000 investors took part in the tokensale, and the busines started only 10 month ago. The overall marketcap is more than $150 milion.

Blockchain is used by Storiqa to make an ordinary business model of marketplace more transparent, reliable, and consistent. Smart contracts will help to destroy fake reviews.  Multicurrency wallet will help shoppers and vendors to interact easilty and perform cross-border payments in a convenient way. Payments can be made in popular crypto, fiat or STQ token.

Storiqa ICO
Storiqa ICO

And now, new people are able to start testing the user-friendly interface of the marketplace by creating a store and filling its digital shelves with items. Customers are able to use and enjoy discounts, cashback, and test the filtering system. The marketplace is focused on quality craft items and attracts small and mid-sized producers.

Blockchain implemented in e-commerce is a relatively new idea. Buyers will be safeguarded due to Storiqa’s usage of a smart contract system. Our beta version offers the chance to test all the platform features and become the first users of the disrupting technology. Gradually Apple Pay has become an everyday easy payment, surprising users with its ease of usage. Technologies, however, move on and it’s great time to try shopping with cryptos.
 

Ruslan Tugushev

CEO, Storiqa

Storiqa is aimed to help small producers increase sales. There is a 60-day free trial for every seller, followed by the lowest fees for platform usage of major online marketplaces for continued use.

Payment can be made in cryptocurrency or by credit/debit card through Storiqa’s multicurrency wallet, and its tokenized business model creates a self-sustaining STQ token economy providing higher cash back to buyers and access to preferential platform features for sellers.  

All product prices in beta version are presented in the STQ token. Tokenized business model allows for a creation of an accelerated transaction system. Later on we will add common cryptos and fiat currencies. Both buyers and sellers benefit from minimized transaction fees.
 

Ruslan Tugushev

CEO, Storiqa

Test of beta version is accompanied with the STQ token airdrop. Once a consumer checks out the website at there is an option to get free STQ tokens. Moreover, since May,31 STQ coin will be traded on one of the largest Asian exchanges Coinbene.

We are looking forward to gathering feedback on the beta version. We know that one day cryptocurrency payments in e-commerce will become so common that notion “cryptoshopping” will be heard in every corner.
 

Ruslan Tugushev

CEO, Storiqa

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Top-3 Ongoing ICO 12th - 18th Aug Acc. to Our Readers

Let’s check which ICOs from 12th to 18th August are considered the best among our readers
20 August 2018   155

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. UMKA 

UMKA is an efficient project implementation and a team-building tool based on the blockchain technology. UMKA means financial safety for all users: all platform transactions use agile smart contracts based on blockchain technology. Secure deals are done using the customizable Agile Smart Contract methodology based on the EOS blockchain. AgileSC offers an opportunity for stage-by-stage project payments and agreed-upon amendments while guaranteeing efficiency and convenience for all parties involved. Freelancers can work on their own or in project groups, and can be paid in 15 cryptocurrencies as well as fiat currencies. UMKA takes a 1% commission from all smart contract transactions within the platform. Funds, gathered this way will be distributed among UMK token holders automatically.

UMKA ICO
UMKA ICO

Looks like UMKA's tea reached their goal - $1m! Great!

2. SocialGood 

This is the world’s first socially contributing token ecosystem, with the SocialGood cryptocurrency. Tokens sold in this ICO are positioned with membership privileges that enable participation in the ecosystem. We filed the Form D with SEC on Aril 18, 2018 to cover US accredited investors

SocialGood ICO
SocialGood ICO

There's no info on the funds raised by SocialGood.

3. Ubex 

Ubex is a global decentralized advertising exchange, operating fully on the basis of neural networks with the use of blockchain and smart contracts. Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the most fair and interesting model for advertisers. At the heart of Ubex’s advertising purchasing algorithms, lie neural networks that process information about each visitor to the member networks’ websites. The neural networks evaluate the interests of users, calculate the likelihood of targeted actions for all advertiser offers, and choose the most suitable advertisement. Thanks to this, member network website visitors see only those ads that are maximally confined to their interests, and which would convince them to fulfill the target action with maximum probability. Thus, Ubex maximizes the targeting of advertising and the economic efficiency for advertisers. Ubex aims to solve the problem of low confidence in the purchase of digital advertising. Smart contracts allow for making the relationship of advertisers and publishers (owners of ad slots on sites) as transparent and fair as possible, as well as minimizing the risks for all parties. By applying such an approach, Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the most fair and interesting model for advertisers.


Ubex ICO

Ubex team had raised 24,728k ETH, that's almost a hardcap!

We will keep our eyes on these projects. Stay tuned!