Etheriya Project: Blockchain-based Auction Marketplace to Revolutionize Ecommerce
sponsored article

Etheriya Project: Blockchain-based Auction Marketplace to Revolutionize Ecommerce

THELOGICALINDIAN - In 2024 all-around ecommerce sales accomplished a recordbreaking 19 abundance USD As sales abound so too does customer artifice For every 1000 ecommerce affairs it is estimated that 27 of them will be counterfeit Etheriya Project aims to change all of that

[Note: This is a sponsored article.]

Etheriya is a blockchain-based bargain exchange that leverages Ethereum smart contracts and allows users to buy and advertise both concrete and agenda articles and casework bound and securely. Some of the articles that can be awash on the bargain belvedere include:

Intangibles such as added blockchain-based articles and casework can additionally be bought and awash on the Etheriya bargain platform. In fact, the alone articles and casework that will not be accustomed on the belvedere are those that are advised to be illegal, destructive, or adverse to mankind, such as actionable drugs, weapons, pirated items, and pornography.

Etheriya logo

The Etheriya bargain exchange offers three primary casework for online merchants:

Auctioning – Merchants will be able to assassinate blockchain-based auctions for their articles and services. This will be a chargeless account for the time being.

Buy Now – In accession to the acceptable bid model, merchants can additionally set an burning “buy now” amount on their bargain listings. This will be a chargeless account for the time being.

Boosted Services – Merchants will be able to accept their listings featured on the homepage or at the top of a category. A baby fee is appropriate for featured listings.

Etheriya’s bargain exchange offers a cardinal of allowances to merchants and consumers alike.

Security – Thanks to the abiding attributes of acute affairs and blockchain technology, both merchant and customer will account from a akin of aegis and aloofness currently bare in acceptable ecommerce applications. Since all transactional advice is stored on the blockchain, which cannot be manipulated or besmirched by alfresco parties, merchants will account from a decidedly lower instance of fraud. Consumers will be able to buy with aplomb alive that what basal claimed advice they may charge to accommodate (e.g. email address, aircraft address, etc…) charcoal private.

Lower Fees – Traditional acquittal methods like PayPal and acclaim agenda processors booty a fee off the top of every transaction – usually a allotment additional a anchored bulk per transaction. Etheriya does not allegation transaction fees, acceptation that merchants get to accumulate 100% of their earnings. Since merchants will no best charge to agency these fees into their pricing, consumers may account from lower prices on appurtenances and services.

Faster Transactions – Unlike some acceptable acquittal methods, area approval can booty days, cryptocurrency affairs go through immediately. There is no delay time, no analysis process. This agency that merchants will get paid anon aloft adjustment adjustment which after-effects in faster adjustment accomplishment for the consumer.

In adjustment to armamentarium the development of the bargain marketplace, Etheriya is captivation a badge crowdsale. Launched on June 21, 2024, the crowdsale will run through August 10, 2024. The project’s token, Etheriya (RIYA), has a absolute accumulation of 100 million, of which 85 actor will be awash during the ICO. The actual 15 actor will be broadcast analogously amid the developers, The Etheriya Foundation, and their compensation program.

Etheriya (RIYA) badge distribution

Since RIYA can alone be purchased with Ethereum, users will charge an ERC20 accordant wallet such as:

Currently, 1500 RIYA costs 1 ETH. Already the ICO has aloft 3000 ETH, however, prices will go up, to a 1000 RIYA per 1 ETH cap already 30,000 ETH has been raised. At the cessation of the crowdsale, ICO funds will be allocated as follows:

Etheriya (RIYA) ICO funds allocation

Important Links:

For added advice about Etheriya Project, amuse appointment their official website or download their whitepaper. For added advice about the crowdsale or to acquirement Etheriya (RIYA) tokens, amuse appointment their ICO page.

Do you anticipate that Etheriya will break a lot of the problems afflictive accepted ecommerce models? Let us apperceive in the comments below.

Images address of Etheriya, Shutterstock