Review FLOGmall ICO

in #cryptocurrency8 years ago

FLOGmall platform

Table of contents:

  1. FLOGmall platform
  2. Goal
  3. Problems and solutions
  4. Benefits
  5. How does it work
  6. ICO Details
  7. Conclusion

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FLOGmall platform

FLOGmall is an innovative platform that brings together sellers and buyers around the world. Thanks to FLOGmall, anyone can easily buy, like him the goods through this site, for any crypto currency. Just imagine, you can travel, rent an apartment, rent a car and many more things, all without the participation of fiat money. The format of the unique FLOGmall unique platform will allow the buyer to see the seller even on the other end of the planet. Buy and sell goods you like, bypassing the commissions of payment systems and banks.

A distinctive feature of the FLOGmall platform is the approach in which there is no intermediation between retailers and wholesalers, which undoubtedly allows customers to provide products and services at very low prices. Another interesting fact of this platform is that buyers themselves determine in what product or service they need, without imposing products by retail chains.
Sellers working with FLOGmall are no longer obliged to invest marketing money, which allows to reduce the price of the goods for the buyer. On this platform, you can effortlessly create full-fledged marketing programs to encourage and motivate customers.

Goal

FLOGmall wants to implement an e-commerce platform so that users can buy anything in any region and sell anonymously or openly, and FLOGmall wants to make sure that users are satisfied and facilitate online purchases without worrying about the huge transaction costs or security of the transactions they commit.

The mission of the FLOGmall platform is to completely change the market of goods and services, using extensive experience, in-depth knowledge, as well as the interest of the largest sellers and ordinary users around the world.

Purchase and sale of goods and services for tokens on a single site.

Live shops with convenient navigation for users.

Thousands of private ads for the sale of goods and services.

Problems and solutions

To date, all world sites, such as Ebay, Amazon, Alibaba, Airbnb and others, are registered as businesses in various jurisdictions. Representations of these companies have a wide geography and are governed by national law. In this case, each state interprets the economic essence of its crypto currency or its interpretation is still not defined. Thus, legal uncertainty is created for the legal status of the crypto-currency, both within one jurisdiction and in its interethnic regulation. In most countries, the crypto currency is perceived as a monetary surrogate, which, in turn, does not allow for a policy of monetary regulation.

Even if over time some jurisdictions are determined with the legal status of individual large crypto-currencies, such as Bitcoin, Ethereum, etc., the remaining, smaller crypto-currencies, of which there are now more than 1,000 species, and newly issued crypto-currencies, will remain outside the legal field , at best as private money.

MAJOR COMPANIES CAN NOT:

  1. To carry out commercial activities using crypto currency in prohibited jurisdictions
  2. Calculate the tax base and pay taxes.
  3. To exchange crypto currency for fiat money.

At the moment, the audience of crypto holders is growing at a high pace, but still insignificant in terms of all users of the e-commerce market. That is why the introduction of additional methods of payment for goods and services is not yet strategically important for the giants of the industry.

Benefits

  1. Presentation of the store in video format. The opportunity for a buyer to see how your store looks, how employees work in the office, or how the process goes on production, significantly increases the buyer's confidence in the company that offers the product or service. To do this, simply record a video, or perhaps make a live broadcast. This is especially cool when in real time the buyer watches as the workflow passes.
  2. A video greeting from the business owner to his potential buyers. This is an excellent opportunity to immediately position the audience to yourself, thereby increasing the chances of selling your product among a billion users.
  3. Separate video dedicated to each of the goods. After all, it's no secret that about 60% of all purchases are made after watching the video (video review, advertising, etc.). This will allow you to present your product in all its glory and to distinguish it qualitatively among analogues.
  4. Own video blog, where you can cover all the most interesting events from the life of the company, or congratulate your fans on the holidays and significant achievements. This will convert your customers into fans, and loyal customers.
  5. Live broadcasts during which you can do immediately sales, such as auctions, sales, etc. In recent years, many stores are beginning to use video sales and this format will gain more and more turns in the future.
  6. Advertising by means of video. There will be an opportunity within the platform itself to promote the services of your online store through video advertising. And the downloaded video will cost the logo (watermark) of the seller, which allows you to reduce the risk that your content will re-run.

How does it work

The main page, of course, is full of stocks, discounts and unique offers. There is a convenient system of navigation by criteria, as well as keyword search. The work panel also allows you to view day offers and video auctions in real time.

The page displays not only offers from stores around the world, but also products from private users who have used FLOGmall services to sell a particular item.

This announcement may not be different from what shops and professional sellers do. A user who leaves an ad for the sale of a thing can also add her video or photo-review, description, etc.

When a user searches for a particular product (for example, smartphone covers, as shown in the image above), he can indicate individual characteristics of the product. It can be anything: color, shape, material, model, size, etc.

Opening the page of a particular store, he can see his video presentation and any other content that describes the store and its goods. On the page of a particular product, the user can view available payment methods - this can be any of the existing crypto-currencies (altcoys).

In addition, a filter is built in, which allows you to view the cost of goods in a particular crypto currency. That is, if the seller indicated the price in BTC, but there is an opportunity to purchase it in ETH, then by including on the ETH filter, the user will see the price on the air.

ICO Details

Price: 1 MLC = 2,000 ETH
Accepting: ETH, BTC
Soft cap: 2500000 USD
Hard cap: 5000000 USD

Conclusion

We live in an age of high technology. And the market of goods and services takes on a completely different form than it was in the past century. Now in order to buy the necessary goods do not necessarily leave the house, and sometimes even get up from the couch. Almost every product can be bought through the Internet, so it's not surprising that this market is growing very fast. In the near future, most of the products and services will go online.

But despite this there are constraints that slow the growth rate. First of all, this huge pressure on customers from offline stores, as well as the huge budgets that online merchants merge during their marketing campaigns.

And to solve this problem, the FLOGmall project was created.

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