Good day everyone, i would be writing about a very interesting platform today which goes by the name BITSTASH PLATFORM like i introduced the last time,click on this link in order to have an overview of it https://steemit.com/bitstash/@adelekejustin01/introduction-to-bitstash-platform-the-first-marketplace-to-buy-and-sell-bitcoin-and-cryptocurrency .Today i would be writing further on the following ;
a) BITSTASH FEATURES
b) HOW IT WORKS
c) BITSTASH TOKEN
BITSTASH FEATURES
The features possessed by BITSTASH PLATFORM are listed below;
a) Easy Registration
No downloads required to start using BitStash. Easily create an account today and start buying or selling!
b) Extended Search
Use their intuitive search engine on BitStash. Browse by Brand, Color, Size, and various other options.
c) Earn & Spend Crypto
With BitStash you can easily earn and spend cryptocurrency from your wallet within the My Account section.
d) Secure Escrow & Disputes
Every transaction is placed within their Secure Escrow System until an order can be verified as completed.
e) Variable Products
Have different colors for the same product? What about different prices and sizes? Easily add them with Variations.
f) Inventory Management
Set your available product quantity to ensure you don't oversell products or run out of your available stock.
g) Shipment Options
As a seller you set your shipping locations, pricing, and options. Including your return policy (which is recommended).
h) Order Management
Easily manage all your orders on BitStash, plus receive in-depth analytics and reports on your available products.
HOW IT WORKS
The mode of operation of the BITSTASH PLATFORM isn't complex,the process would be given below;
Utilizing the BitStash Marketplace is extremely easy to use for both vendors and members. Simply
create an account, select whether you are a vendor or consumer. After the registration has been
completed, you will have an active account on BitStash. This means you now have a secure
Bitcoin and Ethereum wallet (more coins are to be added soon).
To complete a purchase, you will need to fund your Bitcoin or Ethereum wallet. Once funded,
simply browse the online marketplace and view vendor products. Simply choose a product you like
and add it to your cart, or continue to checkout. During the checkout process, you will be offered
delivery options, and the cryptocurrency you wish to complete the transaction in.
That’s it! The vendor will receive a notification regarding your order and will begin their shipment
process and delivery of the purchased items. To avoid any problems that may arise, they have set
up an internal escrow system to ensure both the buyer and seller funds are safely secured during
the entire process.
BITSTASH TOKEN
STASH Token Overview
The STASH Token is an ERC20 utility token on the Ethereum Network. STASH can be used for marketplace
transactions, exchanges, paying for fees, paying for advertising, and there’s more to come.
The name STASH was chosen because they envision BitStash as being the number one marketplace
and exchange for cryptocurrency and merchandise. Allowing both merchants and consumers to
STASH their tokens or use them for transacting on the platform.
Purpose of STASH Token
There are many reasons for STASH Tokens to exist within the Cryptocurrency Space. They will be
utilized as the only form of payment for advertisements on the BitStash Marketplace. Additionally,
all vendor and withdrawal fees are calculated in STASH Tokens, whilst the exchange process happens
simultaneously on the backend. Furthermore, at the end of each quarter, BitStash will be
airdropping 10% of all marketplace fees to holders of STASH Tokens in accordance to their balance.
A higher balance will result in a higher airdrop amount. STASH Tokens can be used as a form
of payment with a real-time market rate. You can send to different wallets to complete transactions.
The BitStash team is constantly developing and creating new uses for the STASH Token.
STASH Token Allocation
Crowdsale: 66%
Team: 15%
Advisors & Bounty: 5%
Reserve Fund: 14%
STASH Token Details
Token Name: BitStash
Symbol: STASH
Total Supply: 36,000,000,000 STASH
Protocol: ERC20
Seed Funding: May 2018
Pre-ICO: June 2018
Crowdsale: July 2018
Token Price: 1 ETH = 600,000 STASH
Bonus Levels: None
STASH Token Facts
- STASH Token holders receive quarterly airdrops from marketplace fees (10%).
- STASH soon can be used to buy items on the marketplace.
- STASH will have it’s own internal cryptocurrency exchange.
- STASH Tokens will be listed on top exchanges after ICO.
BitStash Bounty Program
The BitStash bounty program is open to all influencers and those that can help with marketing the
BitStash Platform and Crowdsale. All bounty participants will be rewarded at the end of the crowdsale
in the month of August. Their bounty program details can be found on their BitcoinTalk thread
and website. BitStash will focus their marketing efforts during the bounty program in the following
networks: Facebook, Twitter, YouTube, VK, Reddit, Instagram, BitcoinTalk, Translations, How to
Guides, Advisors, Managers, Design Materials, Blogs and Articles.
Use of Funds Raised
All of the funds raised will be used in accordance with the official BitStash Roadmap. A portion of
funds will be used for strategic advertising campaigns and getting listed on major exchanges like
Binance, Bitfinex, OKEx, Huobi, etc. BitStash plans to undergo further developments and continue
to add new features to make the platform surpass all of their competitors in the crypto space. Server
upgrades will be necessary to allow the growth and boost the users experience on the platform.
THANKS FOR READINGS.
To know more about this platform;
visit the website: https://bitstash.co/
join the telegram group: https://t.me/bitstashmarketplace
whitepaper link: https://bitstash.co/wp-content/uploads/2018/05/bitstash-whitepaper.pdf
my bitcointalk link: http://bitcointalk.org/index.php?action=profile;u=1070043
ANN/BOUNTY THREAD LINK: https://bitcointalk.org/index.php?topic=3755105.0
facebook link: https://www.facebook.com/BitStash-Marketplace-170184787153225/
twitter link: https://twitter.com/bitstashco