Have you noticed how much the trade and consumer relations between the seller and the client have changed?! They became much more loyal. All sellers want to offer us something more than just one product. All this is supported by a different system of discounts or other bonus cards and all kinds of cashbacks. Of course, this behavior is provoked by great competition in the market of goods, so every seller strives to satisfy his client to the maximum. However, despite all these marketing tricks, many sellers do not have time to sell all their collections in time and it turns out that they bear decent losses at the end of the season.
To solve this problem in some traditional ways is extremely difficult, so a group of specialists was offered to solve all the above problems by implementing several tools, Which ones?! You'll know.
The project, the concept of which we will analyze today, is called – WINBIX. The main feature of WINBIX is that it is a decentralized platform with a built-in unique algorithm of interaction between the seller and his buyers. The whole principle of operation is based on a very well-known system of "Dutch auction", where during the auction the user can buy for themselves a particular product at a very attractive price.
The advantages of this system are undeniable as they solve one of the most important problems of all sellers. You can sell absolutely all your goods not to the detriment of yourself, but also at a pleasant price for the consumer. And since the entire WINBIX platform is a representative of the blockchain system, the majority of its built-in functions identifies all the most important qualities of any blockchain network. That is, all transactions and actions within the platform are reliable and secure, both for the seller and for the buyer. This excludes any non-quality and fraudulent transactions within the WINBIX platform itself.
To make it much more clear how it works, I propose to consider one small example. Let's say the seller in stock from his current collection were certain things and he is ready to sell them at a very low price. This offer is displayed absolutely for each user, with the minimum price of the goods is formed randomly and in order to maintain all the honesty and fairness of the auction, the user does not see what price is offered for the same product by another buyer. At the same time, the seller knows all these data and he has the right to choose the final cost of his goods, as well as to determine those to whom he is ready to sell his goods and at what price.
That is, the seller put up for sale an excellent pair of men's shoes and determined the minimum price range from 150 to 200 dollars, below which the price can not fall. In your account (the buyer) there is a proposal that such a seller sells men's shoes with an initial price of $ 170. Then you have to decide how much you are willing to pay for them so that they become yours?! Once you have decided, you specify the amount, for example 190 dollars. After that, WINBIX system fixes your amount and displays it in the personal account of the seller. During the auction, the seller will be able to assess the demand for their shoes and choose the category of buyers who were able to offer for the same pair of shoes the most favorable price. For example: 10 people listed a price of $ 190 for shoes, and 3 people are willing to buy the same shoes, but for $ 210. After the auction is over, the transaction will be fixed in the smart contract and the buyer who purchased this product will be able to pay for it by means of the internal token of the project, as well as leave a full review, which will contain a large number of objective comments.
This evaluation system will allow you to create seller ratings, as well as better navigate to buyers on a large space WINBIX system. At the same time, arbitration support will be available within the framework of the platform, which is necessary to resolve all kinds of disputes that occurred within the WINBIX system.
As I said before, all financial issues in WINBIX will be handled with an internal token. The main task of which will be the fixation of all acts of purchase/sale of goods, due to the accompanying smart contract. If we talk about the technical component of the WINBIX token, it is developed on the basis of the Ethereum Blockchain and has a very short name – WBX. In total, 182 500 000 WBX tokens will be issued for the development of the system. As for the value of the coins they will vary from 0.00055 ETH to 0.00065 ETH due to the amount of coins sold. Additional nuances and details you can learn in the technical documentation of the project.
The distribution of funds is as follows:
The whole idea WINBIX very interesting and I would love to have experienced it in practice. Since a long time looking for something interesting, where I could buy products of different brands at a very attractive price. And I think WINBIX represents just such a place. Moreover, it is WINBIX that all transactions securely fixed in an unchanged system, the blockchain, and are the most reliable and transparent. What is very important for me as a consumer!
Therefore, anyone who would also be interested to get acquainted with WINBIX in more detail I recommend to study their white paper, where the most simple language describes the entire structure of the project. At the same time, you can look into the official and social resources of the project, get acquainted with the team of founders and ask your questions directly in telegram chat. To do this, I have prepared all the necessary links that are safely located at the end of this article. That's all, good luck!
ANN THREAD: https://bitcointalk.org/index.php?topic=5130735
ANN THREAD: https://bitcointalk.org/index.php?topic=5130735
Author: Zee MinHo
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=2591339;sa=summary
My ETH: 0x46025d00C3b8F2d00616713CfE6438eC6F098542
WINBIX marketplace aims to create a new channel for sales, allowing participants to sell goods at bid prices at any moment.
4/ 5Oleh Van HoenHaim