Storeplex 🛒 - Ethereum's eBay

[Storeplex]

What is the hard cap and the soft cap of the project?

There is no soft cap for this project as we already have a minimum viable product released. The hard cap is set to 2,000 ETH for the Pre-ICO and 31,700 ETH for the main ICO.

Have you made any previous arrangements with some institutional investors to buy the tokens if some part of your goal goes unsold?

If funding is not successful via the initial coin offering, we do have other avenues to explore, such as personal contacts or a development grant.

Also, i hope that the project will move forward in any case. Right?

Correct. If we secure funding through our ICO though it would give us the resources to develop the marketplace quicker, add additional features, hire developers as well as being able to market it to both the crypto community and the wider public.

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[anujen888]

Hey project owners. Can we find an independent third party review of the project?

[Storeplex]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

[anujen888]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

10/10 on the product. Thats a very good beginning. Are you planning to add members in your team, particularly some ICO advisors?

[Storeplex]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

10/10 on the product. Thats a very good beginning. Are you planning to add members in your team, particularly some ICO advisors?

We are contacting experts in the cryptocurrency industry and have already acquired a new advisor. More details will be released soon.

[anujen888]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

10/10 on the product. Thats a very good beginning. Are you planning to add members in your team, particularly some ICO advisors?

We are contacting experts in the cryptocurrency industry and have already acquired a new advisor. More details will be released soon.

Thats a very good news. Waiting for that Can you describe some of the features that will benefit the buyers and sellers?

[Storeplex]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

10/10 on the product. Thats a very good beginning. Are you planning to add members in your team, particularly some ICO advisors?

We are contacting experts in the cryptocurrency industry and have already acquired a new advisor. More details will be released soon.

Thats a very good news. Waiting for that Can you describe some of the features that will benefit the buyers and sellers?

Buyers can purchase a variety of products and receive 3% cashback on all purchases made using PLEX tokens and sellers can use PLEX tokens to upgrade their account in addition to the extremely low fees.

[feykbernard]

This a great project in the sense of a marketplace. I'd like to see it grow to a worldwide store for goods and services to be offered on the blockchain. It would reduce costs and other hassles as well. Way to go team.

[Storeplex]

This a great project in the sense of a marketplace. I'd like to see it grow to a worldwide store for goods and services to be offered on the blockchain. It would reduce costs and other hassles as well. Way to go team.

The marketplace will be accessible by anyone in any country. Restrictions only appy to illegal items in the buyer's jurisdiction.

[anujen888]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

10/10 on the product. Thats a very good beginning. Are you planning to add members in your team, particularly some ICO advisors?

We are contacting experts in the cryptocurrency industry and have already acquired a new advisor. More details will be released soon.

Thats a very good news. Waiting for that Can you describe some of the features that will benefit the buyers and sellers?

Buyers can purchase a variety of products and receive 3% cashback on all purchases made using PLEX tokens and sellers can use PLEX tokens to upgrade their account in addition to the extremely low fees.

Will it be available for inter-region purchases? Like a person sitting in USA buying something from someone in UK?

[Storeplex]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

10/10 on the product. Thats a very good beginning. Are you planning to add members in your team, particularly some ICO advisors?

We are contacting experts in the cryptocurrency industry and have already acquired a new advisor. More details will be released soon.

Thats a very good news. Waiting for that Can you describe some of the features that will benefit the buyers and sellers?

Buyers can purchase a variety of products and receive 3% cashback on all purchases made using PLEX tokens and sellers can use PLEX tokens to upgrade their account in addition to the extremely low fees.

Will it be available for inter-region purchases? Like a person sitting in USA buying something from someone in UK?

Of course, but it all depends on which countries the seller is willing to sell to.

[anujen888]

Hey project owners. Can we find an independent third party review of the project?

FoundICO have done a fair review of different areas of our project on their websites. The link can be found here: https://foundico.com/ico/storeplex.html

10/10 on the product. Thats a very good beginning. Are you planning to add members in your team, particularly some ICO advisors?

We are contacting experts in the cryptocurrency industry and have already acquired a new advisor. More details will be released soon.

Thats a very good news. Waiting for that Can you describe some of the features that will benefit the buyers and sellers?

Buyers can purchase a variety of products and receive 3% cashback on all purchases made using PLEX tokens and sellers can use PLEX tokens to upgrade their account in addition to the extremely low fees.

Will it be available for inter-region purchases? Like a person sitting in USA buying something from someone in UK?

Of course, but it all depends on which countries the seller is willing to sell to.

Yeah on the buyer too i guess. He might not want to import from a far place where he will end up paying high freight charges only. Interesting concept. At some point in future would be consider customizing it country vise like storeplex.uk and storeplex.usa?

[vishesh2009]

How are you going to utlise the ICO proceeds?

[123vjain]

How will be paymnet made to the seller on the marketplace? Will the buyer initiate payment in plex tokens when he buys and till the time the product reaches the buyer, the storeplex will keep custody of those tokens?

[Storeplex]

How will be paymnet made to the seller on the marketplace? Will the buyer initiate payment in plex tokens when he buys and till the time the product reaches the buyer, the storeplex will keep custody of those tokens?

The buyer sends the payment to the smart-contract which has control over the funds. If the buyer marks the transaction as successful, the smart-contract automatically sends the funds to the seller. If a problem arises, Storeplex will intervene and distribute the funds appropriately.

[jazzybitcoin]

If an entrepreneur is having the luxury of having an online market place, he is already having the advantage of not paying any rent on actual store and now that there is a crypto payment is has become more favourable for the business.

[123vjain]

How will be paymnet made to the seller on the marketplace? Will the buyer initiate payment in plex tokens when he buys and till the time the product reaches the buyer, the storeplex will keep custody of those tokens?

The buyer sends the payment to the smart-contract which has control over the funds. If the buyer marks the transaction as successful, the smart-contract automatically sends the funds to the seller. If a problem arises, Storeplex will intervene and distribute the funds appropriately.

Is storeplex planning to open a customer support centre for this? I mean handling daily basis disputes and other things?

[Storeplex]

How will be paymnet made to the seller on the marketplace? Will the buyer initiate payment in plex tokens when he buys and till the time the product reaches the buyer, the storeplex will keep custody of those tokens?

The buyer sends the payment to the smart-contract which has control over the funds. If the buyer marks the transaction as successful, the smart-contract automatically sends the funds to the seller. If a problem arises, Storeplex will intervene and distribute the funds appropriately.

Is storeplex planning to open a customer support centre for this? I mean handling daily basis disputes and other things?

Yes, this feature will be called the resolution centre. Buyers and sellers will be able to communicate before Storeplex intervenes. In the event of a Storeplex intervention, evidence proving/disproving the dispute will be requested from both parties involved. A support member will then arbitrate on the dispute and act according to a very strict set of guidelines which will be fair based on the circumstance at hand.

[Storeplex]

If an entrepreneur is having the luxury of having an online market place, he is already having the advantage of not paying any rent on actual store and now that there is a crypto payment is has become more favourable for the business.

This is very true, sellers will be able to list on our platform without paying membership fees. And if the transaction is made using PLEX tokens, the seller will pay absolutely nothing to Storeplex; a truly free marketplace for sellers.

[jazzybitcoin]

How will be paymnet made to the seller on the marketplace? Will the buyer initiate payment in plex tokens when he buys and till the time the product reaches the buyer, the storeplex will keep custody of those tokens?

The buyer sends the payment to the smart-contract which has control over the funds. If the buyer marks the transaction as successful, the smart-contract automatically sends the funds to the seller. If a problem arises, Storeplex will intervene and distribute the funds appropriately.

Is storeplex planning to open a customer support centre for this? I mean handling daily basis disputes and other things?

Yes, this feature will be called the resolution centre. Buyers and sellers will be able to communicate before Storeplex intervenes. In the event of a Storeplex intervention, evidence proving/disproving the dispute will be requested from both parties involved. A support member will then arbitrate on the dispute and act according to a very strict set of guidelines which will be fair based on the circumstance at hand.

This feature is good to know about. This becomes absolutely necessary when we trying to implement such a project. Guess you are on the right track