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Author Topic: [ANN][ICO] The Baobab Market 🛒 |preICO on Now! | Crypto eCommerce for everyone  (Read 747 times)
The Baobab Market
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July 26, 2017, 10:12:59 PM
 #1

Hello Bitcointalk community!

I am excited to announce the pre-sale for our eCommerce platform https://thebaobab.market has begun!

WHAT IS BAOBAB?
The Baobab Market will soon be a thriving eCommerce platform, connecting dropshippers, online retailers, private sellers, and customers globally. Our goal is to provide a uncomplicated, easy-to-use, free platform (with the lowest fees), for sellers to build their stores on and for customers to interact with. Our solution avoids the pitfalls of other existing decentralized markets such as OpenBazaar or Bitbay by providing a traditional server hosted, web accessible PaaS that can be installed on anything by anyone. No specialized client required, no data stored on the blockchain, no clunky peer networking.

WHO WE ARE
We are a team of developers and advisors with experience in blockchain development, marketing, startups and machine learning. We're based in Canada and are now building one of the first ICOs from this country.

HOW IT WORKS
The Baobab Market will be a serverside application that allows any eCommerce shop owner to instantly accept crypto payments from anyone. Customers using our BAOID Browser Extension will instantly have a federated shopping experience across thousands of online stores with a single account secured on our BAO Blockchain. Mining will play a big part in the BAO ecosystem, and as such we want to give the oppurtunity for not online shoppers, but Store Owners to easily, safely and efficiency earn more BAOcoins with no special hardware. The current plan is to utilize the POW CryptoNight algorithm which is still GPU/ASIC resistant. The alternative is making it Proof of Stake with occassional airdrops. We are not an OpenBazaar or BitBay competitor. We are an free and open source, crypto-first payments eCommerce solution competing against Shopify etc.

PRESALE DETAILS:
The presale will run from now until the start of the ICO (see below). During the presale 1000000/10000000 tokens will be sold at a 60% discount. Following the presale, any unsold tokens + 9000000 remaining will be offered at a staggered price range starting at a 40% discount and ending at 0%. The presale contributers will obtain their tokens at the launch of the ICO.

The presale funds will be slowly withdrawn starting immediately, where they will be used for marketing, ICO prep and hiring purposes.

ICO DETAILS
The ICO will begin on August 7th and end on October 7th. The ICO will provide BAOtokens to contributors, which will later be redeemed for BAOcoin. Early contributors will receive a bonus. This bonus will decrease for every million tokens sold, so get in early and HODL. See our whitepaper for more details.

SPREAD BAOBAB, WE PAY YOU
We have also set aside 250k pre-sale tokens for affiliate marketing. If you like our ICO, promote it! We will reward you for any retweets, youtube videos, signature usage, etc. Currently the rates are on a case-by-case basis but we will establish prices based on interest and community feedback.

If you have any questions, or if you’re interested in learning more, check out our subreddit, or join our Slack channel!

Our website: https://thebaobab.market
Our whitepaper: https://thebaobab.market/whitepaper.pdf
Github: https://github.com/teambaobab
Reddit: https://www.reddit.com/r/BaobabMarket/
Slack: https://thebaobabmarket.slack.com/
Slack Join: https://join.slack.com/t/thebaobabmarket/shared_invite/MjE3MTUyNTg5OTU4LTE1MDA2OTE3OTEtOTJiMmQwNjUwYw
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July 28, 2017, 03:44:26 AM
 #2

What currency for ICO? Eth or Btc?

                                 
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The Baobab Market
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July 28, 2017, 03:46:07 PM
 #3

What currency for ICO? Eth or Btc?

Hey, thanks for the question cryptodv. We are currently only planning on supporting ETH for the ICO, however depending on logistics that may change.
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August 08, 2017, 11:09:09 PM
 #4

hey baobab team,

you say mining is an important thing on your coin. you decide pos or pow with crypto night ?


greetz

alex from kiramine team
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