[ANN][BOUNTY][AIRDROP FOR HOLDERS] BCShop.io - a marketplace on smart-contracts

[goryakon]

Quite often customers do not have an opportunity to rate products purchased or view other customers`  product  ratings  and  sellers`  performance.  Sometimes this  problem  is  solved with the help of third-party services, or vendors themselves install extra features. None of these approaches guarantee authenticity of the data seen by the customer.

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[goryakon]

Ideally only customers who have really purchased a product should have the opportunity to rate it. Smart contracts make implementation of such features possible on the essential level.

[goryakon]

BCShop.io has a built-in system for rating each product, and it automatically creates a  summary  rate  for  the  vendor,  based  on  all  theproducts  offered  by  the  vendor. Rating mechanisms are integrated into the smart contract, which guarantees for data authenticity, and it eliminates the possibility of commonly used fraud ratings.
So, when viewing information about a product or a vendor, the customer sees a true-life experience of other customers dealing with this product/vendor.

[goryakon]

Payment within  the  BCShop.io  service  means  transferring  Ethereum cryptocurrency for digital product or service (DPS) to the smart contact  defining the conditions of sale/providing this DPS.

[goryakon]

Vendors create smart contracts with the help of our website bcshop.io.

[goryakon]

A vendor who wants to use our service first should complete registration which will result  in  receiving  an  address  of  their  personal  smart  contract  (further Vendor Contract). During the registration, a vendor needs to only fill in one necessary blank field: the Ethereum  wallet  address  which  will  receive  the  payment  for  delivered products or services. Additionally, the vendor can fill in the field: Vendor Name (not required).

[goryakon]

Registration  of  digital products and  services (DPS) for sale is done with the help of our  website bcshop.io.  To  do  this  a  vendor needs  to  provide  their Vendor Contract and fill in a few blank fields describing the DPS (see Creating a  DPS offer). As a result of the  registration  the  seller  gets  the  address  of  registered  DPS  smart  contract (further DPS contract) which
buyers will use for payments.

[goryakon]

After registration DPS data is deployed on blockchain and DPS is ready for purchase.

[goryakon]

An unlimited number of DPS can be registered with one Vendor Contract.

[goryakon]

A buyer pays for DPS by transferring the necessary amount of ETH to the DPS contract. Received payment is processed according to the contract conditions. If the payment amount is correct, the DPS is not sold out, and other checks are successful, the payment is then divided into two parts:
1. Profit – is deposited to the vendor`s wallet that is connected to the VendorContract.
2. Transaction fee – is deposited to a smart contract for commission aggregation. See BCS Token and Business Model for more information about commission aggregation and distribution.

[goryakon]

If a payment does not match any of the DPS contract conditions, it is automatically returned to the sender`s address.

[goryakon]

A vendor can use the website for tracking basic information about products and for monitoring the course of the sales. The following features are available through the website:
1. Output of the information about the products connected to the Vendor Contract.
2. Review of data on every product.
3. Editing product data (price, quantity, sale period, etc.)
4. Removing products from sale.

[goryakon]

f a vendor performs delivery, they choose a delivery method by themselves and deliver paid product to the delivery address entered during the payment.

[goryakon]

In case of automated delivery, payments are tracked with the help of BCShopAppapplication running on vendors end. The application keeps record and performs delivery of the product in accordance with a set algorithm. See chapter BCShopApp for more details.

[goryakon]

BCShopApp, the application for delivering DPS (digital product or service), tracks activity of public key relevant to this DPS and processes incoming payments automatically. Processing usually comes down to sending a letter with the product code or some other action relevant to providing DPS from the vendor`s side (for example, transferring game currency).

[goryakon]

Processed payments are accordingly marked by using smart contract. All the data related to DPS sale terms is also stored on blockchain.

[goryakon]

ERC20 token  ?
Can i use wallet address exchange ?

Yes

[goryakon]

A vendor does not need to have a database or any other centralized server for transactions record. In fact, anyone can be vendor without participation of an additional intermediary of any kind, one only needs their home computer to do that.

[goryakon]

BCShopApp is personalized for every vendor by implementation of a few functions corresponding to the specifics of the vendor`s work field.

[goryakon]

Additionally, BCShopApp can send invoices with the name of the vendor and product, purchase date, and paid amount to the user.