Hello there!
I'm trying to get into the idea and can't get around why blockchain is even needed for this project. With the additional perks you offer it seems already overly compicated if compared to etsy, but blockchain makes it even more needlessly compolicated. Don't get me wrong, I'm just curious
Thanks!
Hello and thank you for the question.
The blockchain technology is absolutely crucial for TANZO. We use it on so many levels on the platform.
- Prof of identity - so potential buyers.
- Guaranteed craftsmanship - every item on TANZO goes through a verification process and all the records are on the blockchain.
- Cryptocurrency payments - to minimize the transaction costs.
- Community rewards - Without blockchain token would not be able to exist and we need to incentivize all users on TANZO through our Bonus and Reward system. We give back 35% of all commissions on TANZO back to the community. This way we are rewarding the social and trading activities and increasing the wealth within the community.
https://medium.com/@TanzoOfficial/the-tanzō-platform-bonus-and-reward-system-explained-fdb86788c4eaThere are many other advantages that we get from using blockchain technology and I am sure you will be very intrigued while reading our Whitepaper.
https://tanzo.io/assets/pdfs/Tanzo_Whitepaper.pdfWe are not trying to make the process complicated, our main goal is to become a synchronized social platform, based on a completely decentralized trusted system, which ensures that all parties involved in any given transaction are equally protected. Because right now on Etsy anybody can go, register and sale, no matter if he is a true crafter or not. This makes it very difficult to potential buyers to differentiate the true from the fake item. You can find thousands of complaints about that online.
