Bitkkan — a decentralized marketplace that empowers online shopping for sellers and buyers by leveraging cryptocurrency technologies to expand trade quickly. On this new nft platform, all retailers have an equal opportunity to access trade and reduce costs by eliminating the influence of middlemen.
Contents:
- Brief description of the BITKKAN application
- What is special about this defi app?
- Social networks of the BITKKAN nft land
Brief description of the BITKKAN application
The global economy is largely dominated by e-commerce. As the popularity of online shopping continues to grow, many entrepreneurs are opting for low-net-worth businesses that will maximize profits and reduce risk, which has increased their reliance on dropshipping in retail. In 2020, global e-commerce retail sales totaled $ 4.28 trillion, with a registered annual growth of 42%. Of which the dropshipping market was $ 149.4 billion. Despite this e-commerce success, there are many disadvantages to using centralized marketplaces, including data security concerns, market monopoly by retail giants, high registration fees, payment problems, compromised user data, etc. These disadvantages reduce the ease of trading and can be addressed through the decentralization that this project offers.
Bitkkan — a decentralized application (Dapp). It runs on blockchain and uses smart contracts to execute transactions without relying on the authority of a central authority. With Bitkkan, users can purchase goods directly from merchants around the world. Using cryptocurrency on Bitkkan makes exchanges less expensive and users have more control over their data and information.
What is special about this defi app?
In a centralized trading system, an intermediary owns a trading platform and controls the trading power that exists between sellers and buyers, and can create policies that do not discourage small and medium-sized businesses. Another disadvantage of online shopping - the payout method. Payment processes are performed by using third party gateways such as PayPal, visa, etc., which have access to user data and are restricted in some countries.
Imagine a shopping process, where all participants are directly connected and rely on the efficiency of technology to fulfill orders at a discounted price without compromising user privacy. This is what Bitkkan offers global e-commerce. It is a peer-to-peer cryptocurrency platform, configured to simplify purchasing, lower transaction costs for shoppers and increase profitability for entrepreneurs, while enhancing dropshipping services through the use of smart contracts.
Possibilities:
| Shopping store | Entrepreneurs and suppliers can create stores on the Bitkkan Marketplace, using a seamless process that is easy to find on the website. |
| Dropshipping | Bitkkan supports dropshipping imports and suppliers through the drop shipping platform on the website. |
| A wish list | Buyers on Bitkkan will have the option to create a wishlist for personal use. |
The Bitkkan platform is primarily supported by the VMIX bep20 token, which is the proprietary cryptocurrency on the Bitkkan platform. It can help to perform onsite tasks and pay for services. The platform works with a Web3.0 wallet that supports its own token and over 160 other cryptocurrencies, including Bitcoin, Ethereum, Tether, Dogecoin, Tether, Litecoin, Ripple and Dash. The platform also supports MetaMask and Trust Wallet, which allows users to store their profits and transfer crypto assets for transactions.
Social networks of the BITKKAN nft land
There are no WhitePaper and RoadMap documents on the site. Instead, there is a "What is Bitkkan" section. You will find a general description and features of the work there.
From social networks, the community leads:
- twitter;
- telegram;
- facebook.
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