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Author Topic: ANN: EChain (Ecommerce meets the blockchain)  (Read 147 times)
E-Chain.org (OP)
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April 29, 2018, 05:06:07 AM
Last edit: May 02, 2018, 03:23:24 AM by E-Chain.org
 #1

EChain (Ecommerce meets the blockchain)


Website: E-Chain.org


Launching a site like ebay using smart contracts based around ERC20 ECO tokens. Bounty rewards coming up soon, don't miss out.
What is the purpose of this site over existing traditional e-commerce sites like ebay? Some benefits include:

Secured transactions / Lower fees / Decentralised Networks / Greater fraud prevention
Buying and selling in crypto currencies provides tax benefits in some countries / Scam free secure platforms


TNP: Our (Trusted Network Protocol) secures payments until goods arrive. This system uses smart contracts to lock in funds, until buyers receive shipping confirmation and receipt of delivery. This payment option is necessary on all new accounts with limited feedback. Ratings and level indicators will give sellers more payment options as they progress up the ladder.
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Smart contracts  ensure sellers can never be out of pocket from credit card chargebacks. Blockchain is giving us new found freedom in e-commerce, sellers no longer need to worry over credit card fraud and funds being withdrawn by third parties.
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EChain payment systems provide many options for buyers and sellers. We would like to introduce support for purchasing goods on our platform with Ledger Nano and Trezor hardware wallets, never exposing your private keys while purchasing items.
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Open source contracts give you piece of mind. TNP payment systems will be available on GitHub for peer review.
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Community feedback and level ratings give buyers a clear understanding. Sellers will need to reach certain feedback goals to unlock more privileges, new sellers must use the TNP payment system to give buyers absolute assurance of delivery. Buyers can chose direct payment if a seller has reached a higher level of global credibility. Because crypto payments are non-reversible, extra precautionary measures are taken to protect buyers from fraud.
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Low fees are possible with crypto currencies, another benefit for the use case of using crypto payments on an e-commerce platform, this is possible by encrypted smart contracts instead of intermediary third parties who generally charge fees associated with transactions. We would like to offer fees lower than other non-crypto sites like ebay.



Looking for Community Managers and Web Developers.







E-Chain.org (OP)
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April 29, 2018, 05:25:42 AM
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Dlugina23
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April 29, 2018, 05:35:04 AM
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You give more in bounty then ico soft cap.
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April 29, 2018, 05:43:28 AM
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You give more in bounty then ico soft cap.

All unsold tokens will be airdropped to token holders, in order to create an ecosystem around the ECO token we need the full amount of the total supply to enter the market eventually. Other considerations are that, if the tokens are burnt, then the ratio or percentage that the developers hold would increase to more than 15%, so in order to develop a balanced ECO system, we want to airdrop the unsold tokens in the correct ratio's.

Token holders often complain that after ICO's, developers have much more than the original ICO percentage because of unreached hard caps and burnt tokens.
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