If that is the case then whole banking system is a fraud, as you do not own any thing inspite of some number in your credit card. You just talk about BTC, then what about other financial system commodities, cash, money, what is all this. Bitcoin is just bullied because it was invented by a normal person, no government involve no institution back up this currency that is why it has security concern and called as a pyramid fraud scheme. If that system given by some renowned organization then every would go and said it is the future. But to be honest life is full of miracles and BTC in one of them.

Mynt is one of the e-commerce sites which offers you to buy, sell, and resell the product that every e-commerce site can offer but there is much more than that. As the world is becoming globalized and everyone is running online business, studies, and shopping as well. Mynt is the site made for you to sell your product and to buy products online without going to market as well as, with a lot of benefits and rewards that other websites don’t offer you.
What are early adopters?
An early adopter is a person who tries the products before the other consumers use them. They are important for the success of any product because they provide instructions to companies and other consumers that how the product will function on a day-to-day basis. By providing promotional rewards, most companies attract early adopters so they become the first ones to try the product.
Why do Early Adaptors Prefer Buying Products at Early Ages?
These are some reasons for buying products at an early age by early adopters:
Adventurousness
Instinctive
Demonstrate the fear of missing out
Adventurous
Early Adaptors are the ones who tried to do things that other people mostly don’t want to do and neglect due to fear of something. They are afraid to be part of the crowd and as consumers, their adventurous behavior reflects in their choices. Therefore, they buy the product and take risk of buying it first so they can give feedback that will help other consumers to choose the product. Along with all that, it also helps the manufacturers to make improvements where it is needed.
Instinctive
Early Adopters are the ones who know if a product will be sold successfully or not or on which level it will be standing in the future. Because of their vast technical knowledge, early adopters have a sense of knowing how will the product perform and at which level it is standing right now.
Demonstrate the fear of missing out
As the early adopters are mostly young, well educated, and well versed, having a huge fan following influences their fans to buy products. Because most of the people follow them and like them so, with the help of their fan following, they help to boost the product at the early stages by using the product and then sharing the experience and giving feedback. Because of this, their fans decide whether they want to buy the product or not.
Company Strategies for Early Adopters
When a company understands and knows who are the early adopters and how much they are important for their business, they need to adopt strategies for attracting the early adaptors to the product. Some of the strategies they use are:
Pre-releasing the product
Maintain relationship
Pre-releasing the product
Early adopters are the ones who first chose the product, tried it, and then gave feedback about the product which gives some advertisement to the world. Therefore, most companies offer rewards for booking the products before launching to the early adopters.
Maintain relationship
Most of the time, early adopters are the key to success for most companies. Taking the advice of early adopters and keeping in touch with them, other customers get very positive feedback and many new customers are attracted to the product just because of the early adopters. It is also the way where companies learn about expectations and get more innovative ideas.
Mynt and Early Adopters
Mynt has brought a lot of benefits for all its users but for early adopters, there are many more rewards. Mynt offers rewards to the users for becoming 10 Myntist members, even if they hadn’t become adapters yet. They appear after the registration with an instant badge.
First taking the first step, Myntist offers a reward of a welcome badge.
Inforce their motivation by using the front ends.
By re-engaging the “magic circle”.
By learning experience
By making it minimalistic with the help of a designer and adding the brand logo.
Mynt reward for early adopters
Creators who design any NFT which is related to your organization or business, promote it on social media, and get the badge MYNT CREATOR OF THE WEEK! And 250 points.
People who refer and communicate with others about your discord channel for 1 week or at least 3hours/day, will get 250 points and an Ambassador badge because these people are called discord ambassadors.
Video creators promote your site on various social media sites like TikTok, ThetaTv, YouTube, Odysee, and 3speak for uploading 2 videos using the tag of your business to represent and promote your business along with getting a badge of VISUAL STAR!
Twitter and Facebook Advocates also help to promote your business, by sharing their or sending a direct link to you, using the 5 tags, and posting every day for one week in sequence, gets 250 points and the badge HYPER-ECHO!
Referrals who manage to enroll 21 people a week by managing 3 people a day, every day the people who adopt the token will get 2100 points and a GOLDEN MYNT badge.
Referrals who take other people on the website and do not adopt the token get 1000 points and the badge of GLITTER MYNT. They manage the flow of people who are coming through their link.
Another option available for you is to have replaceable “players”. But how? It is the game of advocacy and rewards. Making a contest which is called “ID SWITCH”
Now, tell your users that they can make any kind of videos on any content like funny videos or informational videos about their site, business, and token. You can make a video with anyone, your friends, familiar members, and even with your pets. Remind them in each contest to add their referral links on whatever they share outside your front-ends. If the sharing is posted without the referral links they do outside the system, it is not rewarded.
More rewards from a 25% bonus
On signing up, you get one bonus, on listing the 10 items you get another bonus, on buying 10 items you get another bonus, on your own 10 NFTC you get another bonus. For each user behavior, listing, buying, selling, etc. offers a 25% claim but the amount is decreased if you fail to reach the full level.
Advocacy and gamified mechanics
Mynt provides freedom to the users for choosing their type of context and they can choose 99% of their daily, monthly, and weekly routine activities they want to perform, besides the adoption and daily claim. Mynt allows the users to perform a different task. On each performance, they get a new avatar for their profile. They can easily win by claiming their daily crypto and also get a badge of DAILY EARNER. The first badge of becoming an adopter is called “ YOU KNOW A MAGICIAN”. On the first time of claiming and for adoption, the user gets the reward of 100 points. Just make a short video about achievement, you will again get a reward of 100 points.

The history of e-commerce started when the history of internet begins. It was started in 1970 when early technology like Electronic Data Interchange approximately 40 years back was created. The teleshopping was at that time that it started. In 1991, when the internet was publicly opened, online shopping become possible.
Since 1960, early people have been using computer systems to run their companies. The version of e-commerce that early people used cannot be recognized by us nowadays. Advanced research projects agency (ARPA) commissioned the first world’s routers. A new system ARPANET was introduced within a year for maintaining the communication between the important lines in the event of a nuclear attack. After three years, researchers developed a new system of dialing ARPANET by using computer terminals. Most companies share business documents through EDI (Electronic Data Interchange). It is the digital information transfer technology that could replace the mail and faxes for sharing data. It transfers the data from one computer to another computer perfectly and smoothly without any human involvement. The American National Standard institute introduced a standard way of sharing data and business information in 1979. It gave a reliable standard of sharing documents of business safely over an electronic medium. It was known as ASCX12.
Over the years, many e-commerce websites were created and they all benefitted people in many ways. Now, the future of e-commerce is d-commerce. Everyone is becoming a part of d-commerce in one way or another. NFTs and in-game items are the best examples of d-commerce. To make people more aware of futuristic approach, Myntist is coming forward with a lot of benefits that no one else is providing. To know about these benefits, let’s dive into the article:
Is it a good idea to be a seller on Myntist?
It is the best decision for your business to choose Myntist for selling your items and services with a lifetime guarantee of getting rewards and profits. This is because Myntist is the only e-commerce site that offers you a great opportunity to get commissions on the reselling of your product. When you choose a product to sell and start your business, Myntist helps you to make your business successful even if you are new to online selling and starting a small business. When you sell a product on Myntist and anyone buys your product and then resells it, the reselling of your product from other people also gives you profit and as the chain of reselling the product begins, you will get your profit on Myntist. Therefore, starting a business with Myntist gives you this chance of getting a lifetime profit that no other site is offering.
What is e-commerce?
E-commerce stands for electronic commerce which means to do shopping, buying, and selling online through the internet without going outside to get your products and services. It includes mobile shopping as well as online payment transactions and provides a huge variety of data, systems, and tools to online buyers and sellers.
E-commerce is a term used for buying and selling products and services online. Americans are using e-commerce in many ways on daily basis like purchasing products from online sellers and for making bills etc. It makes life very easy so you can buy anything from anywhere as well as sell anything. There are six main types of e-commerce that businesses can use.
B2C Stands for business-to-consumer
B2B Stands for business-to-business
C2C Stands for consumer-to-consumer
C2B Stands for consumer-to-business
B2A Stands for business-to-administration
C2A Stands for consumers-to-administration
Let’s have a look at each type briefly.
B2C: It stands for business to the business consumer. It is the transaction that is made between a business and a consumer. B2C is the most popular sales model all over the e-commerce context. For instance, buying a dress from an online clothing retailer, it’s called a business-to-consumer transaction.
B2B: B2B stands for business-to-business. It is the transaction between businesses like manufacturers and a wholesaler or a retailer. B2B doesn’t include customers as it only happens between businesses.
C2C: It is one of the earliest forms of e-commerce, it stands for the consumer-to-consumer transaction. Meaning, it relates to the sale of products and services between the customers.
C2B: It stands for the consumer-to-business, which means it is the transaction between individual consumers who make the products and services available for the business buyers.
B2A: It is the transaction that is made between online businesses and administrators. It stands for business to administration. The products and services which are related to the legal documents and social security are an example of B2A.
C2A: It is quite similar to B2A but in C2A the products and services are sold online to an administration by a consumer. The C2A stands for a consumer-to-administration transaction.
Myntist focus on the key concerns of international commercial transactions. Myntist provides you with a trustless platform that builds escrow smart contracts. You can do payments easily and quickly without intermediary charges and instant staking. You can start settlements with cheap and low processing charges and even with zero commission and get the security of the blockchain.
When was online shopping invented?
Online shopping was invented by English inventor Michael Aldrich in the United Kingdom in 1979. He made a system that is known as e-commerce by connecting television and telephone lines.
The idea comes to his mind when he was walking with his wife, bemoaning the hurdles of making regular trips to the market. He started thinking that would it be possible to make an order of things you needed from TV?
So, then he invented a system that advertised goods and services on TV, and give people an opportunity to order the products by calling the processing center.
When was the first online transaction?
The title “Internet is Open” describes the sale between two friends of Sting CD on 12 August 1994. The Times said that the young cyberspace businessmen celebrated the first retail transaction on the internet. They used the readily available version of strong data encryption. The software is designed to guarantee privacy.
The internet search started to create an endless choice.
The world is becoming a global village with the use of the internet. Everyone is using the internet in every part of the world. There is a lot of information available on the internet about everything. With the help of the internet, you can search for anything from any part of the Earth. Due to the internet, there are endless choices available for you on search engines. You can promote your site on the internet by using many different methods like you can do the advertisement of the products and services you are selling on Facebook and Twitter. You can also take the help of YouTube ads for advertising your products. Many academies are starting to produce robots that can spread the worldwide web content they could index and make searchable. The most popular search engines were created around 1994.
Yahoo was the one that arrived before the arrival of Google late in the 1990s. It emerged as the early leader in this space and was also used before Google. Yahoo started a human-created catalog of many popular sites. The text description of sites is also created by humans. Yahoo engine grew in popularity and achieved one million hits by the end of 1994. The company started to take charge of commercial sites for inclusion. The charge inclusion was the way that early people used to make revenue in those old days. Nowadays, there are many websites available that can be used by a user as an option if they didn’t get the most relevant results.
With the help of the internet, you can search for the best sites and best choices for your business and do your business from your homes.

Retail growth

Our lives had drastically changed by the end of the second quarter of 2020. Many countries have begun to lift restrictions that had placed closures on non-essential stores, bars, and venues. They also banned large public gatherings. This is more than a year after the coronavirus outbreak. The retail industry is facing significant changes. In fact, the rate of retail sales growth has already fallen between 2019 and 2020. This was even before the virus's outbreak, which will have additional ramifications. Some sectors have seen growth with significant increases in the sales of consumer goods in the most affected countries like the United States, Italy, and Germany. Groceries have remained open, and people seem to be stocking up on certain supplies and goods. High rates of store closures occurred due to distancing measures implemented in 2020 and the rise of online retail. But the digital economy boomed during the COVID-19 crisis. As people embraced social distancing, they turned to online shopping more than ever before. 67% of consumers shop online now due to COVID-19.

Now, with most retail businesses closed down due to COVID-19, the situation may have become really dire and the retail bankruptcies dropped by more than half in 2021.
Ecommerce also was growing before COVID-19 hit. But the pandemic pushed even more consumers online and pushed more consumers to spend more online and more frequently. Being a businessman or an individual, you have to choose the right eCommerce Business Model to Sell Your Product and increase your retail sales growth. When you’re starting a business online, you have a lot of choices to make. Outside of the product, you choose to sell, one of your biggest decisions is what business model to use.
When we talk about the myntist platform It is the best eCommerce marketplace that works for you and support all the sellers to sell their products using a different business model including B2B, B2C, C2C, and P2P. as we have discussed above the COVID-19 pandemic has catalyzed the move from brick-and-mortar shopping to eCommerce. Myntist offers infinite opportunities for sellers to sell their items and enable you to generate a significant stream of revenue over time. Myntist gives you complete control over your assets to make your selling experience more secure as well as make online shopping easy and convenient for sellers and buyers.

Financial evaluation of the options
There are many options available to sell online.
OPTION 1: Direct to the consumer eCommerce
The direct-to-consumer business model is an eCommerce business model that works by selling directly to consumers without using brick-and-mortar stores. Direct to consumer business model also helps you own more relationships and increase customer lifetime value.
OPTION 2: selling as a private label supplier
Selling as a private-label supplier is another way to sell the product private labels to third parties who are either moving online or already online.
This option is the easiest way to sell any item online as it doesn't require any marketing efforts. The retailer handles all of this.

Myntist allows sellers to sell private label products and they can put their own brand name on them and sell them on the Myntist eCommerce platform to make frequent earnings.
OPTION 3: selling wholesale to a retailer
A third option would be to sell one’s product wholesale to a third-party retailer that is already online. By selling wholesale, sellers won’t need to worry about managing a huge number of individual consumers.

Selling wholesale products means the products that you sell to retailers rather than directly to consumers. You typically sell wholesale products at a lower price. You might be familiar with the terms B2B (business-to-business) and B2C (business-to-consumer). When you're a retailer, you're a B2C business because you're selling directly to individual consumers. When you're a wholesaler, you're engaging in B2B eCommerce because you're selling to retail businesses.
b2b and b2c business model to sell and allow sellers in selling wholesale to a retailer on the retail price. When you sell your products in bulk to retailers you have the opportunity to sell a lot more of your product – and get a lot more revenue.
OPTION 4: selling on an eCommerce marketplace
The final option can be an eCommerce marketplace such as Myntist that facilitate sellers and buyers to make their selling and shopping experience more convenient. Myntist allows the seller to list their products on Myntist eCommerce platform and collect orders and payments, forward orders to the seller, track delivery, and release payment to the seller. Myntist also transforms its products into assets through a royalty sharing program. (Where the seller 1 when selling the product and gets the cash flow not just 1 sale but all the sales in the sequence. (Seller no 1 sells the item to the buyer no 1 and then buyer 1 becomes seller no 2 and then sells it to the buyer no 2 and the same item which is transacted through all the transactions and the buyers become the sellers here. when seller 1 sells the product to the buyer one admin gets the full 100% of the commission which is 10%. When the second buyer sells the item again the last person will get the biggest percentage of the sale which will be 60% and the admin gets 40%. When 3rd seller sells seller 2 gets 60% seller 1 gets 24% and admin gets 16%. When seller 4 sells the item 3rd gets 60% and the other 24% seller 1 gets 9.6% and admin gets 6.4%. So, everybody gets the commission on all the sales and transactions.
When we evaluate all of these options available for online selling then selling on an eCommerce marketplace is one of the best options to avail of.
What you can sell on Myntist eCommerce platform
Myntist has two marketplaces including Physical and digital goods where sellers can sell a wide range of items.
Physical goods
A physical good is an item that can be touched and felt by people. It must arrive at the customer's home at least once it has been fulfilled.  Myntist physical marketplace do b2b or b2c and  enable the sellers to sell physical goods on myntist to get high revenue on all sales.

If you are going to be selling a physical product, you have to list your products and let the myntist take care of shipping, storage, and fulfillment.
Digital goods
If you’re a musician or an artist, you can monetize your talents. In the Myntist digital marketplace, sellers sell their nfts and can double up their profit. Myntist is a pioneer in the representation of digital goods brands through Avatars and NFTs.
You would choose the right eCommerce business model to sell your digital products based on a few crucial facts:

This type of sale doesn’t require physical shipping
Digital products are quickly attainable
You can sell countless copies of your product
There’s no (physical) storage involved
services
Myntist is the first morphic e-commerce and dcommerce marketplace that encompasses sellers, merchants, third parties, investors, affiliates, and creators to benefit from our ecosystem and provide them with complete support and assistance.

Choosing the best eCommerce business model for you
You now have an understanding of the basic concepts and options for e-commerce. How do you choose the right model for your business? This article will help you narrow down the options and find the perfect fit.
Faqs
What is the best eCommerce platform?
The best eCommerce platforms create communities and markets and allow users to interact and transact through the platform. An eCommerce platform is also the backbone of an online retailer. Not only that it allows the seller to sell their services and products online but also helps the buyers in making their online purchase easier. ter
How to Choose the Best Platform for My Ecommerce Business
These are the basics that will help you choose the right eCommerce platform before you start your business. Consider the products you're selling. Some platforms allow inventory tracking and offer multiple product options. Others do not. Before you decide on a platform, consider the payment gateways and security, pricing, integration, and features.

What is myntist?

Myntist is a human-centered experience that will transform how you perceive
old-school online platforms selling digital and physical goods. We want to free
individuals and businesses of their financial shackles by showing you how to
create wealth from the comfort of your own home, using tools you already
possess. Let’s move away from the simplistic into the visionary. Myntist is the
future. Our complex dcommerce marketplace allows for crytpo investments, the
transfer of physical goods, non-fungible tokens (NFTs) and decentralized finance
(DeFi) and we’re accessible globally! For the hustlers, entrepreneurs, flippers,
fintech nerds, creatives, collectors, anyone willing to put in the work to level up
to the next tier, we welcome you to financial freedom on your own terms.

Who needs to know?

We want to free individuals and businesses of their financial shackles by showing
them how to create wealth from the comfort of their own home, using tools they
already possess. For the crypto and collectibles crowd, pissed off with Amazon
and Ebay, and looking for an easy to access, equitable ecosystem for their
side hustle Myntist was made for you. We have an open door policy. From the
entrepreneurs trying to kick start ecomm businesses, to growth-mindset retailers
wanting more traction on their products, fintech nerds and anyone willing to
put in the work and learning to level up to the next tier - we welcome you all to
financial freedom on your own terms.

WHY DO WE EXIST?

The world we live in today, sometimes it feels like the system is working against
you, not for you. The psychological temperature of our fast evolving economy is
causing an extreme amount of stress - the cost of living is going up, overwhelm is
going up, traditional education is less valuable, wages are stagnant and people are
wondering how on earth they can leverage what they possess to make more money.
We provide hope to people seeking new ways to generate wealth. Myntist provides
an innovative, digital marketplace that gives people opportunities to make money
in many interesting ways. We want to transform how people look at the assets they
already have, using the selling and buying behaviours they already engage in, to
leverage the digital economy and transform those items into a self-perpetuating
source of passive income. Re-shaping how value is perceived our ecosystem is
reliable, simple and designed with optimism and care so our users can experience
true financial autonomy.

Why should they care?

The question is not why should they care, but why would they not care!? Myntist unlocks
the potential value of the items around you, turning anything into an asset. What this means
is that you’ll be able to sell something once, but continue to profit off passive income from
continual kickbacks as the item circulates in the marketplace. Myntist revolutionizes the
buying and selling of everyday objects, giving EVERYBODY the chance to build wealth,
conquering traditional barriers of access, networks, capital, class and education. Giving
freedom to everyday people to transform their financial circumstances