BitBoost will launch its decentralised marketplace in June. The project, which is built using Ethereum’s smart contracts, will enable buyers and sellers to connect directly – facilitating free and private online commerce.

Traditional user experience, low fees
The marketplace takes the form of a downloadable piece of software that connects to the Ethereum blockchain via either BitBoost’s node or a local node, if preferred. Payments for goods are made in ETH, and all listings cost a flat fee of just $1, payable in the BBT token. The team has worked hard to replicate the look and feel of traditional e-commerce platforms, with instant search and product images hosted on Imgur for anonymity.

‘We think this is going to be a game-changing decentralised e-commerce solution,’ says founder and CEO Paul Mahone. ‘We believe in free trade, and the BitBoost marketplace entirely removes several common barriers and intermediaries in online commerce. Anyone can sign up for an account. You don’t need to submit an email address or any personal details: all that is required is an Ethereum address. The interface is clean and familiar, payments are fast and borderless, and privacy is built in.’

Sellers’ Programme
BitBoost is looking for merchants to join the platform’s Sellers’ Program, bootstrapping activity on the marketplace and helping to build network effect and momentum. With low listing fees, and a smart contracts escrow system to protect both buyers and sellers, the company believes it will be an attractive alternative to the high commission fees and data harvesting that are the price of doing business in the traditional e-commerce industry.

bitboost.net

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