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

[goryakon]

BCShop.io allows vendors to publish information about digital products and services, and customers – to purchase these products and services for Ethereum cryptocurrency. At that, all the data concerning products is stored as a smart contract on the Ethereum blockchain.

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[goryakon]

Use of smart contracts allows for automatization of payment processing and accountof products. In the simplest cases, creating a digital product offer is done with only a few clicks and does not require vendors to install any software.

[goryakon]

Purchasing digital products is a simple process too. Buyers make all payments in the Ethereum blockchain`s native currency – ETH.

[goryakon]

Creating sale offers, as well as buying products is done with the use of software, based on MyEtherWallet – one of the most popular Ethereum online wallets. That allows the service to be used on both desktops and mobile devices.

[goryakon]

BCShop.io is marketed as a solution for C2C (client to client), and for B2C (business to client). BCShop.io offers its business clients free development of integration solutions.

[goryakon]

Our main competitive advantages:
• low fees
• no required conversion of funds during transactions
• fast transactions
• decentralized data storage
• free integration with operating businesses
• user friendly and convenient service for customers and for vendors.
• Products rating system

[goryakon]

An average fee that sellers have to pay for each received online payment today is about 3.5%, while selling fees for some online payment systems exceed 5-10%. These
figures are especially high for some business spheres like those of gambling or sports betting. More than that, users usually should pay a fee for transferring money out
from the payment system to the bank account. Besides, payment systems charge additional money back fees, may charge inactive account fees, cross-border transaction fees, annual (monthly) fees, etc.

[goryakon]

BCShop.io fees do not exceed 2% for all our partners, and it is just 0.5% for major partners. In addition, BCShop.io does not have any extra hidden fees and, more than that, implements integration and further support according to our
partners` requests for free.

[goryakon]

How are we able to offer such good conditions? There are a few reasons:
1. As we use blockchain, we do not need our own data centers, we do not have to cover the costs of maintaining data integrity and protecting data from hackers.
2. Cost of making a transaction and creating a product / service offer in Ethereum cryptocurrency is just a few cents.
3. BCShop.io business model does not involve gaining profits by the company itself. All gathered fees are aggregated to a specially created smart contract and are weekly distributed between token holders. This approach allows the company organizational activity costs to remain as low as possible.
4. Use of smart contracts makes it possible to achieve maximum formalization of a seller`s product/service offer, automate delivery processes in general and money back function in particular, with no extra fees.

[goryakon]

Quite  often  a  buyer  cannot  purchase  a  product  in  the  seller`s  currency.  In  this  case,  a purchase  is  made  through  automatic  conversion;  whether  at  the  rate  estimated  by  the
payment  system  or  at  the  processing  operator  (Visa/  Mastercard)  rate  (if  the  buyer  pays with  a  credit  card).  A  regular  fee  charged  is  no  less  than  1%.  In  some  cases,  users  face double conversion, and then they must pay even more fees.

[goryakon]

Speaking  of  other  projects,  there  are  companies  that  have  recently  finished  a  successful ICO,  and  they  are  aimed  at  receiving  payments  in  their  own  currency  units  (tokens). However, their users have to exchange basic Ethereum currency to particular tokens before they are able to use the project services. This exchange is also associated with paying fees, which means additional time is spent by the user.

[goryakon]

BCShop.io solves the problem of conversion fees by avoiding using its own currency and instead, maintaining all transactions in “native” Ethereum currency. That being said, by working with our service users will save time and money.

[goryakon]

Sometimes  buyers  need  to  send  payments  by  means  of bank  transfer.  In  this  case ,time necessary to complete a transaction may take up to a few business  days; especially with
international transfers, and that is extremely inconvenient for the user.

[goryakon]

All BCShop.io transactions are performed by using the Ethereum blockchain. With it,  an  average  transaction  completion  time  is  just  a  few  minutes,  regardless  of  the sender and recipient location.

[goryakon]

When traditional payment methods are used, there is no possibility to integrate automatic processing   for every   payment.   Vendors   usually   have   to   arrange   this   processing
additionally,  at  the  stage  of  issuing  invoices  or/and  after  the  payment  is  received. Frequently part of the functions is implemented with the help of online stores or other ready
solutions. However, that requires spending extra time and money.

[goryakon]

BCShop.io  arranges  a  product/service  to  be  delivered  as  a  smart  contract  which already includes  controlling  most of the  necessary features: account of the  product volume  for  sale, ability  to  establish  money  back timeline  with  automated  free processing, and ability of wholesale opportunities.

[goryakon]

And the whole process of sale is done on blockchain, without any need for vendors to have their own server! The ability of fractional (not per-item) sale is worth mentioning too: in this  case  the  amount  of  product  is  defined  by  the  payment  amount. This  approach  is convenient in many niches, for example, selling premium game currency.

[goryakon]

BCShop.io offers its users the chance to keep up with the times, broaden the range of potential  customers  with  cryptocurrency  holders.  Our  service  is  not  a  just  another payment  gate,  but  a  fully-featured  solution  for  the  future  economy  based  on blockchain.

[goryakon]

Moreover,   upon   request,   BCShop.io   implements   integration   with   external,   out-of-blockchain  world  for  interrelation  with  other  sale  channels,  and  for  implementing  other
required features for its vendors.

[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.