Cryptocurrency: BAZISTA : E-commerce Democratization

Each year the rapid development of technologies brings different innovative solutions for people all over the world to improve their quality of living. In its time one of such technologies was the internet whose key function consists in information exchange between users. Today, the data transmission speed, amounts of data, and ease of receiving data stir the imagination. As far back as 20 years ago the internet was only available to programmers and computer geeks. Today we witness the way the new technology called Blockchain is emerging and developing. This technology is to provide equal conditions for internet users so as to ensure that data is handled in a safe and transparent manner. Despite the fact that the technology is now rather difficult to understand, our team strongly believes that its success and global coverage are just around the corner. For this reason we made up our mind to create a project that will allow gradually integrating the Blockchain into users' daily life.

Even though we are not the first or last to try to realise our ambition, we are full of optimism and ambition to rank among those who develop new infrastructure, come up with and implement bold ideas and decisions that at the end of the day help make people's life easier around the world. A good example for us is the success of Amazon and Ebay companies that have forever changed the trading rules in the B2C and C2C sector. Today we would like to introduce you to the platform that will allow taking a significant step forward in the electronic commerce industry. By using new payment instruments and state-of-the-art technologies of data exchange and storage we have created the platform enabling the simple and safe online exchange of goods and services, the Bazista platform.

Mission

We state our aim as being to create a simple and safe platform enabling the exchange of goods and services, with a wide range of infrastructure solutions offered to users and holders of cryptocurrencies and digital assets. Using cryptocurrencies and digital assets for the settlement of accounts between our platform users allows ensuring transparency of transactions, and creates new ingenious ways to make money due to capitalising user activity on the internet. We believe that the main purpose of cryptocurrencies is to make payments, in particular with the aim of making transactions relating to the purchase and sale of goods and services, which is the key aspect of human economic activity. So we make it our task to not only make life easier for internet users but also to increase loyalty and drive up demand for cryptocurrencies at large. Due to Bazista it won't be long now until real goods and services are available in exchange for cryptocurrencies and digital assets.

Challenge

Cryptocurrency

We have recently witnessed a stable and quick market growth of cryptocurrencies, with a more than 10-fold capitalisation increase for the last year ($11 billion 08/16 < $114 billion 08/17 according to coinmarketcap.com). Nevertheless, as of today the best part of turnover and cryptocurrency exchange between users is of investment or speculative nature. Currently, only three e-shops approve bitcoins for payment from among TOP 500 e-shops traced by internet Retailer, to say nothing of altcoins. Underdeveloped infrastructure prevents a cryptocurrency rate from increasing, which hinders development of exchange transactions. This results in slow involvement of more users and poor development of new markets, and difficulties in using cryptocurrencies as a universal payment instrument.

When a payment instrument cannot be used it becomes of no interest any more, and as cryptocurrencies are often not connected with physical assets, their liquidity depends much on whether they can be used in the real financial industry.

Bazista

Bazista is an exchange platform for B2C and C2C that uses new technologies of settlement of accounts between users. Our service enables a user to easily exchange necessary goods and services for cryptocurrency by interacting with other platform users. Bazista will comprise all strengths of such market giants as Ebay, Amazon and Alibaba (rating system, payment depositing, delivery tracking, and transaction arbitration) and bring this business segment to a new technology level owing to using up-to-date exchange instruments.

Bazista is a competitor to the exclusive decentralised platform for trading, C2C OpenBazaar. The difference consists in smooth development of the platform that boasts a user- friendly interface aimed to simplify, to the extent possible, the process of exchange of goods and services by using product promotion technology through other platform users.

Our web interface is adapted to any operating systems and will enable users to post advertisements and buy goods in just a few clicks. The Bazista platform is here to help you post your ad using your mobile device by taking a few pictures of the goods or service offered.

We pay close attention to safety of any transactions made with the use of the platform. To achieve these goals, we use a complex user rating system. It is internal tokens that will be crucial to the formation of that system. By showing their loyalty to the platform users will get additional advantages (discount on goods, access to unique offers and commission free transactions).

BZS token

Reasons

From the theoretical perspective, the Bazista platform could limit its features to different crypto-currencies that already exist. Why did we decide to create and use our own auxiliary token within our platform despite both intense competition and associated risks?

The single internal token is here to set the stage for the Bazista developing platform-based single standards. The successful funding will contribute to promoting the complex development of the platform. Loyalty Improvement System and Bringing In New Users Owing To Creating Mutually Advantageous Conditions. An extensive and flexible structure of the turnover of own tokens within the platform will allow implementing a wide range of fee options for buyers and sellers.

Bold undertakings require non-conventional funding methods to be used for getting an actual chance to affect the market that already exists. Selling own ERC20 tokens will allow creating new income flows for developing and supporting the platform, and will assist in building well-developed infrastructure for all those who use crypto-currencies.

We highly appreciate our investors and understand that funding the platform is direct evidence of their trust in the Bazista project.

BZS support and development within the platform

BZS is initially created at the stage of the fund-raising campaign. Then it will include different functions within the project.

Developers, founders of and participants in the Bounty programme will get fees in BZS tokens.
Creating partnership relations with outside developers will allow using BZS tokens in exchange for their services.
Getting tokens in exchange for participation in the referral program.
Getting access to additional platform sections, participating in special promotion campaigns, and earning the premium status in exchange for tokens.
Exchanging tokens for different kind of automation, and fine adjustment of accounts for sellers.
Discounts on all platform services when using tokens.

Emission and distributing tokens

Issuing tokens and the process of their public offering will be arranged through the smart contract on the Ethereum blockchain. At the time of crowdsale a total of 440,000,000 BZS tokens will be issued. This quantity is final and no additional rounds of emission will be provided for.

Tokens will be issued within the framework of the smart contract delivering the ERC223 standard that gives the edge over ERC20 earlier developed. It is important to note that in case of incorrect transaction of tokens to the address of the smart contract not providing for the handling with the same they can be recalled by using the token Fallback function that will help prevent any loss of tokens.

1 ETH = 11 000 BZS

6.4.1. Distributing tokens

321 200 000 BZS (73%) will be available during the crowdsale

66 000 000 BZS (15%) will remain with the Bazista team

17 600 000 BZS (4%) is the reserve for marketing campaigns within the platform

13 200 000 BZS (3%) can be obtained within pre-ICO

13 20 0 000 BZS (3%) will be given to the project advisors

8 800 000 BZS (2%) will be paid within the bounty campaign

Our Team

Original creators and actors unite to create and deliver Bazista as one of the best performing E-commerce platforms based on digital asset payment solutions and blockchain technology advantages.