CrowdSale - a marketplace on the VeChain network. Using it, you can make online purchases of non-physical products. Its main advantage - payment in digital currency. This makes it possible to make transfers of funds without the hassle and credit cards.
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Features in the CrowdSale
CrowdSale - a crypto trading platform that allows users to make purchases and pay for them with cryptocurrencies. After all, bank transfers are a long process now. In addition, these payments require your personal information and may incur transfer fees. If you use digital currency, you have the opportunity to avoid these inconveniences.
Also, on this resource, you can set the selling price yourself in order to earn money. Companies with a new product often do not know its real price. This, in turn, is reflected in profits. Using smart contracts and communities on the blockchain network, you can sell your products at the best price. CrowdSale offers a wide variety of products, endorsed by members of the community. And all blockchain features allow you to deliver your purchase privately.
Benefits of the CrowdSale
Each user can at any time become a part of the resource and use all its functions. Despite the fact that the resource does not have a WhitePaper, the principles of working with it are clear to everyone. However, if you have any questions, you can get answers to them on the official website of the service. Speaking about the advantages of the trading platform, we can note the following:
| Decentralization | You can shop from trusted sellers. CrowdSale records the entire history of transfers on the blockchain network. In this way, you can simply view its history. |
| Crypto convenience | Buy and sell products, using digital currency, without the hassle of credit cards. |
| Bidding | Buying things in a group. You get the lowest possible price. |
| Lots of assets | You can use a wide variety of online assets for sale. |
| Commission payment | The merchant decides who pays the commission for each transfer. |
Speaking of many assets, we can distinguish the following goods for sale:
- software keys;
- indie games;
- films;
- digital magazines and newspapers;
- e-books;
- freelance services.
There are no bonus programs on the platform. However, as you can see, many opportunities allow you to earn on transactions.
Auction model in defi app
The seller at the auction exposes the number of his item for sale. And bidders place a bid on a particular product, and each bid is marked online. Please note that when applying, the participant will need to pay for the exact number of tokens. They will be frozen until the end of the auction. When the number of bids is equal to or greater than the total number of products, the seller may end the auction. After that, the funds of the participants, who bought the product, will go to the seller. And the funds of those whose bets did not play, CrowdSale will return them to their owners.
Trading history, sales history and product ratings are available on many marketplaces. What makes CrowdSale special is that this data can never be changed by anyone. They are securely stored online. Ratings of all products cannot be inflated. Trading history is available to everyone. Thus, sellers or buyers can make the most correct decision. And, on the History page, you can look at past sales and sellers to decide who is trustworthy.