[ANN][XOM] Coin and P2P Marketplace|Launched|AirDrop|Escrows|Reputation|and More

[OmniBazaar]

MARKETPLACE AND MAIN-NET LAUNCHED 31 OCTOBER 2018.
Get details and download the marketplace application/wallet here: http://OmniBazaar.info

 

Watch a video tour of the OmniBazaar marketplace application:

Get details and download the marketplace/wallet here: http://OmniBazaar.info

OmniBazaar is an OPERATING e-commerce marketplace developed using our PATENTED technology. OmniBazaar
provides an “on-ramp” to both e-commerce and cryptocurrency adoption for billions of "un-banked" consumers, by
allowing users to "barter for bitcoin". People without a bank account or credit card can now barter a product or service to
immediately receive OmniCoins, Bitcoins or Ether. The OmniBazaar ecosystem includes its own built-in cryptocurrency
(“OmniCoin”), reputation tracking, escrow agents, an influencer marketing system, social messaging, and user
incentives for participation and growth.

OmniBazaar can serve over two billion people who currently cannot use Amazon, eBay or Alibaba. We have a working
software product with 10,000 registered users, a distributed marketplace with hundreds of product and service
listings by users in more than 30 countries, and real sales in the marketplace. And, our OmniCoin tokens have an
established value in that marketplace. The OmniBazaar/OmniCoin software is available in 17 languages.

OmniBazaar is a new type of e-commerce marketplace that removes the middlemen and bankers from e-commerce.
OmniBazaar uses a patented “peer-to-peer-to-peer” architecture to remove the middlemen. It uses cryptocurrencies
to eliminate the bankers. OmniBazaar fees are up to 100% lower than those of existing e-commerce sites like eBay
and Amazon. OmniBazaar users deal directly with each other, rather than through a central site like Amazon or eBay.

OmniBazaar/OmniCoin Whitepaper (available in 16 languages)
http://whitepaper.omnibazaar.com

Screen shots from our working marketplace:

Get details and download the marketplace/wallet here: http://OmniBazaar.info

                                                                                                   The OmniBazaar system includes a built-in cryptocurrency called OmniCoin.
                                                                                                   OmniCoin has the following features:
                                                                                                      • block processing time less than 10 seconds,
                                                                                                      • ability to process tens of thousands of transactions per second
                                                                                                      • users can address transfers to a name, not a number,
                                                                                                      • Proof of Participation (PoP) consensus protocol,
                                                                                                      • an influencer marketing system,
                                                                                                      • distributed social messaging,
                                                                                                      • reputation tracking,
                                                                                                      • escrow agents, and
                                                                                                      • bonuses to provide user incentives for participation and growth.

                                                                                                    OmniCoin Technical Information The breakdown below is a list of functionalities currently provided by our software.
                                                                                                    Having a functioning, usable, distributed marketplace platform sets us apart from the competition.
                                                                                                      • Blockchain Security: Proof of Participation (PoP)
                                                                                                      • Total Supply: 25,000,000,000
                                                                                                      • Block time: 10 seconds or less
                                                                                                      • Scalable to tens of thousands of transactions per second
                                                                                                      • Easy Addresses: Send/Receive to an account name, not a number
                                                                                                      • Distributed Escrow
                                                                                                      • Distributed Chat
                                                                                                      • User Reputation System
                                                                                                      • User Acquisition Incentives
                                                                                                      • Referral Rewards


                                                                                                    Proof of Participation (PoP)
                                                                                                    Proof of Participation (PoP) is a new cryptocurrency security protocol. One component of PoP is the Distributed Proof of Stake
                                                                                                    (DPoS) protocol of Bitshares. We have extended and expanded DPoS by including four other metrics. The software uses these
                                                                                                    metrics to determine which group of users may process transactions. PoP entrusts the processing of transaction only to the
                                                                                                    most active marketplace users. These users would have the most to lose by trying to hack or attack the blockchain. Following
                                                                                                    are the Proof of Participation metrics used to select Transaction Processors:
                                                                                                      • Trust (DPoS votes by other users)
                                                                                                      • Reputation score in OmniBazaar marketplace
                                                                                                      • Activity as a Disseminator (number of new user referrals)
                                                                                                      • Activity as a Publisher (number of listings published for others).
                                                                                                      • Reliability

"OmniCoin Proof of Participation"




"Bartering for Crypto"




"Five Ways to Make Money with OmniBazaar"




Get OmniCoin details and download the marketplace/wallet here: http://OmniCoin.net

 

[EmpoEX]

We will add XOM after you guys launch.

Good luck.

EmpoEX Team

[kcanup]

Launch on December? Keeping my eyes on this thread. Good luck XOM team 

[OmniBazaar]

Launch on December? Keeping my eyes on this thread. Good luck XOM team 

Thanks for your support. Please spread the word.

This is happening, but we need community support. The more support, the faster it will happen.

[J9901]

What horrible photoshop skills.

Did these devs/scammers produce the 'screenshots' in Windows Paint?

Inconsistent Text Alignment, Blur, Border Color bleed, etc...

wtf lol what a bunch of amateurs.   Even the Stackcoin 'screenshots' were move believable. Scammers usually learn from other scammers. You must be new.

Try harder.  

[notsofast]

This is the first crypto-marketplace that actually looks well-planned and properly articulated. I'd back this before any other similar offering.

[J9901]

Interesting theory, says the English major who claims, "Even the Stackcoin 'screenshots' were move believable".

I'm going to guess you're an old school Bitcoin buff that is afraid of change.  It's OK, sunshine - change is good.

Let's define a scam (to establish what a scammer is) as Webster's states:

noun

1. a confidence game or other fraudulent scheme, especially for making a quick profit; swindle.

Not that I have to defend OmniCoin (because it's model and value are self-contained), but if I did, I'd say you didn't do your homework and looked at screenshots to determine whatever it is you're trying to determine.

If you're trying hard to discredit a great concept, I'd like to borrow your own ending phrase:

Try harder.  

yes of course the XOM Defense Force would consist of Newbie accounts.

Who would've thought??  

[J9901]

I've been around the proverbial digital block more times than many (and not as much as some).

so use your real account instead of hiding behind a newbie account.

keep trying to promote this bullshit.

In the meantime work on your photoshop skills amongst other things. BCT members arent as gullible as they used to be. You're going to have to try a bit harder to scam the masses.

[Mojorisinup]

Ahhh...so you actually have to use a REAL ACCOUNT here?  Imagine that.

I am, turbo, so pump the brakes on your assumptions.

Nothing wrong with backing a concept without being a Senior Member or an old school BCT account holder.

[Voidcrafter]

Looks realy nice , once there are coins , bounties , giveaways or an ICO aviable I will be back

[johnsans]

20B is creazy. investors can not earn money when it over 2sat .id better pass it.

[OmniBazaar]

20B is creazy. investors can not earn money when it over 2sat .id better pass it.

Please see this from the FAQ on the original post:

Wait a minute! Are you saying you plan to dump 20 billion OmniCoins onto the
market when OmniBazaar launches?

No. The number of coins in circulation will be completely determined by how many people join and use the OmniBazaar marketplace.
We will give only a small (relative to the eventual 20 billion) number of coins to each person who joins OmniBazaar, and an even
smaller number of coins for referring a friend. We will distribute half the coins in this manner over, over the span of as many
months or years as it takes to distribute them all. We will distribute the other 10 billion coins as "reverse transaction fees" when
users conduct transactions with each other in the marketplace. In other words, during the initial distribution period, we will
essentially pay users a small OmniCoin bonus to buy or sell something in the marketplace.

We haven't finalized the numbers yet, but let's say we give 1,000 OmniCoins to each new user who joins OmniBazaar. This
represents one twenty-millionth (1/20,000,000) of the total eventual coin supply. That would be a much slower emission rate
than most other coins have. We could give 10,000 coins to each new user and still have a slow emission rate. We think this is
infinitely more rational and fair than most other recently introduced cryptocurrencies (especially the ones that generate all the
coins in just a few weeks to enrich the developers and their friends). And we believe this distribution plan will add liquidity at
the rate that is needed by the marketplace. As more people join, more OmniCoins will come into circulation. Similarly, we
estimate that users will do hundreds of millions of transactions in the marketplace before the "reverse transaction fee" pool of
coins is completely distributed.

20 Billion is a big number, but we plan to spread that over a large number of people over a considerable amount of time.

[SigmaAlt]

It's non open-source. OmniCoins are pretty much useless (bitcoins can be used). They are banning "prohibited" content (who will classify it as "prohibited"? What's illegal?). Not a single version or demo of this "working prototype". Looking for money before anything to offer.

Good luck guys, but I won't get closer to OmniBazaar. It is not decentralized when there is a group of developers working in a closed project.

[MisO69]

I noticed from your crowd funding campaign that you plan on charging $25.00 for the market place software. You need to rethink that. Who would bother with that when kijiji, ebay and others are free to browse?

Also, when do you plan on giving us a working alpha/beta marketplace software for testing? With scams abound you will have to give us proof before you'll get any trust.

[_ronan_]

POD ? Coinsource?

[mikhael]

POD would be good, this is very important in building users trust and confidence.

[xxxgoodgirls]

POD would be good, this is very important in building users trust and confidence.

lol no. pod can't be trusted

[OmniBazaar]

It's non open-source. OmniCoins are pretty much useless (bitcoins can be used). They are banning "prohibited" content (who will classify it as "prohibited"? What's illegal?). Not a single version or demo of this "working prototype". Looking for money before anything to offer.

Good luck guys, but I won't get closer to OmniBazaar. It is not decentralized when there is a group of developers working in a closed project.

OmniCoin will (of course) be open-source at launch (or before).

Yes. We plan to have some rules, like no murder-for-hire, no human trafficking, no weapons of mass destruction, no child pornography -- fairly sensible stuff. I trust you are not advocating that we allow those things.

Beyond that, we are designing a "self-policing" system that will allow people who are active users of the system to down-vote content that is either explicitly against the rules (mentioned above), or that they feel violates the spirit of those rules. If enough people object to a particular listing, then it probably shouldn't be there. This gets a bit tricky, however, if just anyone is allowed to come into the system and start voting down lots of stuff they personally disapprove of. So, our current plan is to allow a single down-vote for every (let's say) 4 or 5 successful transactions in the marketplace. Transaction info will be readily available on the blockchain, so we shouldn't need to store it. We may need to experiment a bit to find a self-policing algorithm that can actually catch bad stuff, without allowing vendettas or outside censorship. The one non-negotiable requirement for the system is that it must be decentralized, and can't involve any central authority. Do you have any constructive suggestions on how this can be done?

We will have a beta version of the marketplace app available for testing prior to launch. But, we are not going to release a half-baked solution.

Yes, we are asking for community support to complete the project. We have internally financed all of the development so far. We certainly aren't the first project to ask for funding before the release of a coin or a product. I doubt we will be the last. If you think the idea has merit, and that we have a good start, then pre-subscribe to the coin.

[OmniBazaar]

I noticed from your crowd funding campaign that you plan on charging $25.00 for the market place software. You need to rethink that. Who would bother with that when kijiji, ebay and others are free to browse?

Also, when do you plan on giving us a working alpha/beta marketplace software for testing? With scams abound you will have to give us proof before you'll get any trust.

Where do you see a reference to $25 on the crowd-funding page?

The OmniBazaar base application will be completely free. Free to download, free to install, free to post listings, free to search and shop, and no monthly fees. The only cost will be the small transaction fees mentioned in the OP and the campaign. We do think we will probably charge some small fee for the CryptoBazaar anonymity feature, and for the distributed currency exchange. Not everyone will need or want those features, and we believe they will add enough value to be worth some small premium. And there is something to be said for making those features a little bit exclusive.

We will have a beta available for testing as soon as possible. But there is still some work to do before we are ready for a public beta.

You probably can understand that it is a bit of a "chicken or egg" situation. If we had more funding, we could get the beta (and other features) ready sooner. But, without the beta and features, . . . less funding. If it helps, you might notice that we are completely open about the identity of the team and about the company. We're serious about this and have been working on it for quite a while. We'd much rather get the project done than run off with your donations.

And, some people see what we are doing and decide they want an early shot at some OmniCoins. We believe it's a good bet.

[tobeaj2mer01]

A simple question, how and where can  I invest in this project?