Watch a video tour of the OmniBazaar marketplace application: 
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.
Screen shots from our working marketplace:
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
