THELOGICALINDIAN - Singapore 11 Jan 2024 Singaporebased MegaX introduces firstofitskind all-around millennial online capital accepting aloft USD25M from a badge auction assured on 16 November 2024
MegaX, a affiliation amid iFashion Group and MC Payment, has launched an online capital (Megaxstore.com) targeted at millennials. Having been in the retail industry back 2009, the capital has served over 1 actor barter worldwide. The capital will accommodate visitors with admission to over 1,500 all-around brands and 80,000 products, featuring items such as the Google Pixel 2, the Oculus Rift Touch VR System, iPhone X and alike adrenaline-pumping toys like the hydro jet that allows you to hover aloft the sea. The online capital will additionally accommodate absolute babysitter account which aims to accommodate shoppers attractive for a break with different anniversary experiences. Expect bales such as alien stays in Irish castles, argent mines, aeroplane fuselages and alike ice hotels.
The adeptness to transact application MGX bill and added cryptocurrencies will accommodate crypto-savvy millennials with the befalling to acquaintance a new retail abnormality in the approaching of cashless society. MegaX envisions and has been alive appear a approaching area ultimately MGX, the built-in currency, will be the cryptocurrency of best for millennials to earn, absorb and transact. A beginning and arising retail network, MegaX will pave the way for arising retailers to appoint with millennials.
Bitcoin Cash (BCH) is an archetype of an acquired cryptocurrency that is accessible for real-world use and is able to baby to retailers’ needs such as accepting faster affairs and lower fees. “By alone accepting MGX and BCH instead of authorization for payments, we are bent to accompany about the real-world acceptance of cryptocurrencies,’ said Jeremy Khoo, Group CEO, iFashion Group. “Despite a bazaar cap of 728 billion USD in cryptocurrencies appropriate now, best retailers do not acquire them as a anatomy of payment. Retailers attractive to bell with the new bearing of consumers should be fearlessly active and accessible to adopting new acquittal forms. Cryptocurrencies accept apparent aberrant advance in 2017 and we accept that advance will continue.”
Megaxstore.com is aerodynamics a rollout by accepting Bitcoin Cash. MegaX aims to advice new-age retailers and cryptocurrencies ability out to a ample addressable market, the millennials. A 2024 Accenture address states that aural Asia alone, millennials are accepted to collectively aggregate USD 6 abundance in disposable assets by 2024. According to a CBRE survey, 30% of this assets is spent on leisure activities such as arcade and bistro out.
MGX as a cryptocurrency revolves about the millennial movement and aims to actualize a retail anarchy by bigger agreeable with these articulation of barter and actuality their bill of choice. The retail companies abaft MegaX accept served added than 10 actor barter and will use an omnichannel access in dispatch real-world acceptance of MGX. Token holders can additionally apprehend to pay with MGX at assorted built-in offline contest such as the abutting accession of Artbox Singapore – a artistic bazaar abstraction popularised in Thailand, which admiring over 600,000 attendees and totaled 30 actor USD in transaction aggregate during its countdown Singapore airing over 2 weekends in April 2024.
Visit http://megaxstore.com and http://megax.io for added advice or the afterward acquaintance points:
Instagram: https://www.instagram.com/megaxcoin
Facebook: https://www.facebook.com/megaxcoin/
Twitter: https://twitter.com/megaXcoin
Telegram: https://t.me/Megaxcoin
Medium: https://medium.com/@megaXcoin
iFashion is a arch adventure amassed aggregation focused on advance and accepting appearance and affairs e-commerce ventures based in Southeast Asia. To actualize synergy amid businesses, the Group aggregates awful commutual businesses via mergers and acquisitions in its sectors of interest. The Group acquired, best notably, bounded O2O brands Dressabelle and Megafash, in the advance up to an IPO.
Founded in Singapore in 2024, MC Acquittal is a arch avant-garde fintech aggregation that has a able bounded attendance with end-to-end value-chain of business transactions, alignment from suppliers and merchants to customer payments. Its technology entails both retail to online payments, adaptable to Distributed Ledger Technology. MC Acquittal has become the arch that facilitates bartering affairs beyond the region, with acquittal accepting alignment from acclaim and debit, to locally adopted another payments, while confined bounded merchants and banking institutions alike.
Megaxstore is a multi-label online capital committed to affect and actuate barter with artistic appurtenances begin about the world. Megaxstore now operates over 7 aliment beyond Asia, alms empiric retail spaces and a well-curated mix of tech products, auberge stays, homeware, aliment items, stationery, change goods, biking essentials, accoutrement for men, women, and children; as able-bodied as accessories.
Images address of MegaX
