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

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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.

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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.

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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.

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BCShop.io has a built-in system for rating each product, and it automatically creates a summary rate for the vendor, based on all the products 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.

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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.

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Processes of creating smart contracts and making payments are frequently mentioned in the whitepaper. Please, note:
1. 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. Payment can be done by any Ethereum Wallet which supports smart contracts feature or by a more convenient service – on our website bcshop.io. Usually to make a payment a user needs to provide information defining the delivery address: for example,
email or game nickname.
2. Vendors create smart contracts with the help of our website bcshop.io. To do this a vendor just fills in the blank fields related to their business, they do not need to have any specific technical knowledge. The result of creating a smart contract is the address of this smart contract. Created smart contracts are signed with a vendor`s private key and are stored on the Ethereumblockchain.

[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 VendorContract). 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.

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

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

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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 Vendor Contract.
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.

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

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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.

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

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In  case  of  automated  delivery,  payments  are  tracked with  the  help  of BCShopApp application running  on vendor send.
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). 

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

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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.

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

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