Storeplex — SteemCN

Storeplex is a decentralised marketplace that allows anyone to buy and sell products or services for cryptocurrencies on a global scale. The marketplace will support thousands of merchants and millions of listings, with its primary focus on no fees.

About Storeplex ICO

Storeplex is the world’s first fully functioning ecommerce marketplace that allows users to buy and sell products and services on the blockchain. The marketplace is seeking to spark a revolution within ecommerce by combining one of the most profitable industries with blockchain technology.

Our users are not charged an insertion fee for creating listings, which gives our marketplace worldwide accessibility. Purchases made using the PLEX token benefit from no processing fees, whilst all other supported payment methods incur only a 1% processing fee.

How is the idea monetized? How do the token holders profit?

PLEX is the main currency used on the Storeplex Marketplace. Here are some ways that holders of PLEX can profit from the token. Used to purchase goods and services on the Storeplex marketplace

Used to promote users' listings and upgrade seller accounts Used to support entrepreneurs in the Community Investment Fund Transactions using PLEX will incur no processing fees Purchases made using PLEX will receive 3?shback Can be freely traded on exchanges

WHAT IS PLEX TOKEN

PLEX is the marketplace’s primary currency which utilises the ERC20 Ethereum token standard. It can be used to purchase goods and services on the Storeplex platform. Every listing on the marketplace will accept PLEX alongside other supported payment methods.

PLEX can be transferred between any ERC20 compatible wallets, such as MetaMask, Parity and Mist. This allows PLEX to be freely traded on exchanges as well as being used on the marketplace. There will only be a maximum of 100,000,000 PLEX in circulation.

Specifications

Name: PLEX
Symbol: PLEX
Decimals: 2
Total Supply: 50,000,000
Maximum Supply: 100,000,000
Contract Address: 0x8daacd62b0d0a1b43d9eb0eda36caa0bb10f816d
Block Explorer: https://etherscan.io/token/0x8daacd62b0d0a1b43d9eb0eda36caa0bb10f816d

WHAT IS PLEX TOKEN

PLEX can be transferred between any ERC20 compatible wallets, such as MetaMask, Parity and Mist. This allows PLEX to be freely traded on exchanges as well as being used on the marketplace. There will only be a maximum of 100,000,000 PLEX in circulation.

What problem does Storeplex solve? (or: what human need does it satisfy?) and how exactly does it do so?

Being the latest blockchain project aiming to disrupt a multi-trillion dollar industry, the Storeplex marketplace allows both everyday users and merchants to buy and sell products and services for cryptocurrency by combining one of the world’s most profitable industries with blockchain technology. One of the biggest problems currently facing the ecommerce industry is fraud.

The Storeplex marketplace is a revolutionary step in combating fraudulent transactions and users on ecommerce marketplaces by ensuring that its users and funds are secured and protected by smart contracts.

Through the utilisation of the Ethereum blockchain and the use of custom built smart contracts, Storeplex is able to provide its users with a secure and user-friendly approach to cryptocurrency ecommerce. The platform also charges its users no final value or listing fees.

About Storeplex ICO

By using the Ethereum blockchain, Storeplex is able to achieve a decentralised marketplace while utilising all of the advantages that come with blockchain technology. The use of smart contracts provides our users with a secure and user-friendly approach to cryptocurrency ecommerce. A project of this size and ambition requires funding to continuously improve, evolve and innovate as the leading decentralised marketplace.

This is why we are crowdfunding via an initial coin offering of our PLEX token. We believe that this method of funding is the most beneficial to our project and to our users as it allows the community to actively participate in the development of the marketplace. And in return, participants of the initial coin offering will receive PLEX tokens at a heavily discounted rate. This provides a great opportunity to increase initial investment while supporting a revolutionary project.

Our objective is to combine ecommerce and blockchain technology to create a global marketplace, while solving numerous problems that are present with centralised marketplaces, such as eBay and Amazon. By raising funds via an Initial Coin Offering, we are able to further develop the Storeplex marketplace and implement an efficient marketing strategy.

This ultimately provides a better end-product to our users. The token sale will allow investors to purchase PLEX tokens at a reduced rate, which helps fund the project. Investors will receive a utility token that can be used on the Storeplex marketplace as well as traded on supported exchanges.