Spacelens: Leveraging Blockchain In E-Commerce


Many industries are regularly embracing blockchain expertise and cryptocurrency to adapt to the quickly altering world. Spacelens, a decentralized e-commerce platform, is among the main firms championing blockchain integration in e-commerce. These firms like Spacelens are leveraging blockchain expertise to supply new procuring experiences to their clients.

On-line peer-to-peer e-commerce has grown exponentially. In response to a study by iBe, On-line marketplaces are estimated to exceed $7 trillion in gross sales by 2024. In the present day, each firm needs to be a part of the crypto, DeFi, and NFTs increase. This text will discover how Spacelens is leveraging blockchain expertise and crypto within the e-commerce business.

What Is Spacelens?

Spacelens is a decentralized e-commerce platform and has been in enterprise since 2016. The mission of the Spacelens e-commerce market is to permit customers to create their listings and be in command of buying and promoting of products and providers on the blockchain community. In response to the Spacelens group, integrating blockchain within the e-commerce market will unlock many prospects. Customers will take pleasure in a wonderful stage of transparency of their transactions.

Right here, customers can execute transactions immediately on the blockchain with the usage of the House token. It signifies that transactions will not undergo a centralized platform. Customers not need to pay particular and infrequently opaque charges within the type of commissions. With Spacelens, sellers could have their funds protected of their wallets moderately than been held by a third-party entity. With the transparency of transactions on the blockchain, consumers could have entry to details about particular distributors. Additionally, distributors/sellers will retain extra of their income and compete extra transparently with different distributors.

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Spacelens customers can do the next:

Create, record, and promote merchandise to their local people.
Discover, search, and contract counterparties utilizing chats and messages.
Research what different distributors promote round you.
Following different distributors/sellers and places on their feed.
Checking the provides of distributors on the map and navigating with their GPS.

House Token And Its influence On Spacelens Decentralized Market

The House token is an ERC-token commonplace that serves because the utility token on the Spacelens e-commerce market. House tokens present Spacelens customers with a crypto-backed device to execute their transactions on the platform. Except for shopping for and promoting on the platform, House token additionally helps customers implement and handle their e-commerce presence and types.

Subsequently, with the House token, builders, distributors, distributors, content material creators, and many others., everywhere in the world can improve their engagement on the Spacelens platform. The overall provide of the House token is 1,000,000,000, and customers can buy the tokens for ETH.

House token is at present listed on Tokpie, the primary crypto trade platform with bounty stakes buying and selling. Spacelens selected Tokpie as a result of the trade gives a full vary of providers wanted to launch blockchain startups efficiently. For the Spacelens group, it’s not nearly issuing the tokens however extra about including them to the most well-liked trackers. It is usually about attracting 1000’s of advocates and supporters by making a crypto bounty marketing campaign.

Advantages Of Decentralized E-commerce Platform

Within the centralized e-commerce market, customers are prone to delayed funds, freezing of their accounts, and the likes. Nonetheless, in a decentralized market like Spacelens, distributors obtain immediate fee on their gross sales. There’s additionally no concern of freezing your account as a result of there are not any intermediaries to manage transactions.

Closing Ideas

A decentralized e-commerce market is the way forward for e-commerce as centralized marketplaces undergo fall brief in some ways. Nonetheless, it is going to take some time for the decentralized market to turn out to be mainstream. Nonetheless, with the rising influence of blockchain on many industries, we could not have to attend too lengthy for the mainstream adoption of decentralized e-commerce platforms like Spacelens.

Picture by Aaron Olson from Pixabay

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