In a world where e-commerce is becoming increasingly popular, businesses and consumers are still facing high transaction fees from middlemen and banks. However, eMarketChain, a decentralized marketplace, is on a mission to change this by providing a platform where customers and merchants can buy and sell products without paying any hidden commissions. Here is a closer look at this innovative startup and their mission to revolutionize the e-commerce industry.
About eMarketChain
eMarketChain is a web-based e-commerce platform integrated into blockchain technology. The platform’s primary objective is to eliminate hidden commissions that customers and merchants are currently subjected to in the e-commerce world. This includes bank taxes and commissions paid to middlemen, which can add up to 14% of the total transaction value. eMarketChain believes that this is unfair and unnecessary and that businesses and consumers should be able to trade without incurring such fees.
Freemium and Subscription-based Business Model
eMarketChain’s business model is focused on providing a completely free platform for both customers and merchants. The company has two types of business models, including a freemium model and a subscription-based model.
With the freemium model, merchants have the opportunity to increase their product visibility and exposure by making additional payments. They can bump their listings higher in the search results, which can lead to a substantial increase in sales. The subscription-based model is targeted solely at merchants, who can subscribe to receive additional benefits such as promotion of their products with better quality pictures and weekly suggestions on how to improve their advertisements.
Token Economy
eMarketChain has its own cryptocurrency called EMAC tokens. The tokens are used to facilitate transactions on the platform and are also used to reward users who contribute to the platform’s growth and development. The EMAC tokens are also used to pay for the subscription-based model, and merchants can use them to purchase additional features such as increased product visibility.
Future of eMarketChain
eMarketChain’s mission to revolutionize the e-commerce industry is a significant undertaking. The company is focused on developing a platform that is completely transparent, secure, and free of hidden commissions. With a growing user base and increasing demand for decentralized marketplaces, eMarketChain has the potential to be a game-changer in the industry.
As the platform continues to grow, the value of the EMAC tokens is also expected to increase. This can provide a significant return on investment for early adopters of the cryptocurrency.
Conclusion
In conclusion, eMarketChain is an exciting startup that is taking a fresh approach to e-commerce. By providing a platform that is transparent, secure, and completely free of hidden commissions, eMarketChain is poised to revolutionize the industry. With a growing user base and increasing demand for decentralized marketplaces, eMarketChain is definitely a startup to keep an eye on in the coming years.
Website: https://emarketchain.co/
Twitter: https://twitter.com/eMarketChainCo
Facebook: https://www.facebook.com/eMarketChainEMAC/
LinkedIn: https://www.linkedin.com/company/emarketchain-co
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