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Web3Bay: E-Commerce on Blockchain

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by A1

3 hours ago


The world of digital assets has transformed finance, with blockchain also impacting e-commerce.

Web3Bay's Presale Success

Web3Bay has raised over $1 million in its presale, selling over 274 million tokens. This indicates a growing interest in decentralized e-commerce. The 3BAY token is priced at $0.004562625 in Stage 4. Unlike giants like Amazon and eBay, Web3Bay reduces fees and simplifies transactions. With low operational costs and cryptocurrency payment options led by community governance, Web3Bay becomes a competitive player in online commerce.

Bitcoin: The Genesis of Decentralized Finance

Bitcoin, introduced in 2009 by Satoshi Nakamoto, presented a decentralized alternative to traditional financial systems. Utilizing blockchain, Bitcoin enabled direct transactions without intermediaries. The first Bitcoin purchase was in 2010, where pizzas were bought for 10,000 BTC. This cryptocurrency has significantly impacted financial history despite its volatility periods.

Ethereum: Expanding Blockchain Horizons

Launched in 2015, Ethereum expanded blockchain's utility with smart contracts. Created by Vitalik Buterin and team, they conducted an ICO in 2014 to fund development, leading to notable achievements. Ethereum is key in DeFi, NFTs, and business applications, engaging organizations worldwide.

Platforms like Web3Bay combine blockchain with traditional commerce, presenting a new model that may challenge established marketplaces.

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