REVIEW AlphaMarket ICO

in #alphamarket6 years ago (edited)

AlphaMarket is a decentralized trading platform, which allows you to pay for any item with crypto currency. The mission of the platform is that each user can independently overcome the purchase and sale of goods for crypto currency.

More and more people are starting to buy goods and services over the internet. In the world there are about 1.8 billion online market buyers, and their number continues to grow. According to marketing research by Nielsen, which specializes in measuring marketing in the daily goods industry "Global E-commerce Report", the number of people who buy over the Internet each year increased by an average of 16%.

Due to the increasing public demand for such services, the role of the global online market has increased. The volume of world internet trade is estimated to reach trillions of dollars. The top ten e-commerce countries are the United States, China, Great Britain, Japan, France, Germany, South Korea, Canada, Russia.

That is why, the AlphaMarket team aims to create a reliable online crypto-hypermarket, which allows the use of crypto currency in ordinary financial transactions.

The principle of the platform

-The seller shows the value of the goods in the currency that is convenient for him. After full processing of the order, it receives 100% of the stated value.

-The buyer sees the final price for it, and the system automatically calculates all the interest and commissions needed. Payments are made only through transit wallets. At the time of fund transfer to the seller, the commission is charged at the 5% rate. Furthermore, these funds are used to support systems, programs to protect customers, cashback (in the amount of 1 to 3%) and further project development. If the buyer is not satisfied with the seller's goods or services, he or she has a chance to open up the dispute. If the buyer and seller can not resolve the dispute, the buyer submits a claim and the administration of the platform decides the dispute, taking into account the facts given by both parties. The seller has two types of ratings: a review rating and a trust rating. Review ratings count as an average for reviews.

  • The novice seller receives the transfer after Estimated Delivery Time (~ 10 to 40 days depending on delivery). If disputes are opened, funds transfer occurs after the dispute is resolved. Seller with experience of half a year (condition 1) and successfully processed more than 100 orders (provision 2), receive payment immediately after delivery confirmation as track number. If only 1 (out of six months service) conditions are met, but the second is not met, the seller may deposit the same security as the monthly average turnover and receive the money immediately after sending. Deposit will be refunded after reaching 100 orders processed or at the request of the seller. In the case of a claim from the customer, an appointment will be used to recover the funds. Thus, the pledge will not be fully refunded, or will not be refunded at all,

The main advantage of the platform
• Provides a convenient platform for all market participants.
• This allows use by companies and individuals.
• Products on the platform are free.
• Currency exchange occurs directly on the site.
• Minimum commission and time for operation is spent.
• Supports users in 24/7 format.
• Provides broad and convenient platform functionality with detailed sales analysis.
• Business advertising support
• Payment by popular crypto currency (BTC, ETH, LTC).
• A transparent feedback system and a motivating rating system
• Access to international markets.
• Opportunity to pay for site and merchandise services with AMC token at a promo price.
• The presence of cashback when paying with an AMC token.

Details of ICO

Token symbol: AMC
Standard: ERC20
Home Token Sale: April 16, 2018
End of Token Sale: October 1, 2018
initial token value: 1 AMC = 0,000038 ETH
final cost of token 1 AMC = 0,00008 ETH
Token Number: 999 999 999
Hardcap: 48,000 ETH or $
24.000.000 Minimum purchase amount: 0.01 ETH.
Hardcap installed in the amount of $ 24,000,000 is possible at a price of $ 500 air.

In case hardcap will be exceeded earlier than the deadline, Token Sales will expire.
In the ICO process, it is planned to distribute 60% token. The withdrawn funds will be used to launch the platform, integrate tokens and marketing programs to promote AlphaMarket.

Distribution will be done through smart contract. Regardless of the amount collected, the ICO process, working on the project will continue.

Roadmap
4th quarter 2016
Preparation for product creation. Conduct market analysis and develop trading platform concept. Development of prototype site trading platform and its design. Started work at Whitepaper.

Q3 2017
Demo version of the product and development of the first version of the store. Provide a catalog of goods. Possible account registration. The creation of goods cards and the functional development of the purchase of goods. Test the demo version of the platform.

Q4 2017
Prepare Token sales and increase initial capital for ICO preparation. Create a smart contract for ICO. Complete the work on Whitepaper. Website development for ICO.

First quarter of 2018
Holding an active marketing company for Token sales. Presentation of the project to investors. Settlement of Token sales. Include a token on the stock exchange.

Q2 2018
Implementation of smart contracts and payment with crypto currency. Internal currency exchange and multi-currency purse

Q3 2018
Provision of advanced user platform functionality.

Q4 2018
Common functionalities of this platform include: internal communication system between buyer and seller, support service module, solution of debatable situation, security module, rating system.

Q1 2019
Release Beta version of product. Adapt the platform for mobile devices. Saving database information about registered users.

Q2 2019
Effective promotion and platform integration. Localization in additional languages ​​and access to markets of other countries.

Q1 2020
Exits the final version of the product.

Conclusion
The main purpose of the AlphaMarket platform is to allow every user to trade in a blocking environment, redeem crypto currency for goods and vice versa.

Site https://tokensale.alphamarket.online/en/l/
the white paper https://tokensale.alphamarket.online/static/ico_backend/docs/Whitepaper_eng.pdf
Telegram https://t.me/alphamarket_en
Twitter https://twitter.com/alphamarket_amc
Facebook https://www.facebook.com/alphamarket.online
For Reddit https://www.reddit.com/user/alphamarket_amc
GitHub https://github.com/alphamarket-online/am_smart_contracts
Medium https: //medium.com/@alphamarket.online

Hellen Xaveria
MY BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=980199
ETH Saya: 0xD6AF7435Fd7c6DB12B00E92752c03A7d466A52e8

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