Source: http://hibusiness.ca/2018/06/21/a-newly-launched-blockchain-based-platform-ethbay-hopes-to-transform-the-online-market-place-using-the-power-of-decentralization/

A Newly Launched Blockchain Based Platform, Ethbay, Hopes to Transform the Online Market Place Using the Power of Decentralization

Ethbay propelled its authority ICO on June 7th and the ICO will finish up on August 7th. Their EBY tokens are being offered at a cost of 5000 tokens for 1 Ethereum. Out of 100 million EBY tokens that will be delivered, 80% will be available for purchase to the overall population.

Dissimilar to alternate players in the online marketplace industry, Ethbay does not charge any posting expenses from the dealers on the platform, enabling them to post free postings. Being founded on blockchain innovation and Ethereum smart contract implies, Ethbay offers to finish wellbeing and security to both the gatherings amid transactions utilizing an ultra-secure Ethereum smart contract escrow to ensure transactions. Moreover, it is an exceptional really mysterious online marketplace which does not require the client to enter any individual data for enlistment.

Enlisted clients can also utilize an encoded informing framework to associate with different clients. The holders of EBY token will have extra favorable circumstances in which they will be qualified for a corresponding offer of the charges created on the platform and will have voting rights nearby recommendations.

Ethbay is here to defeat the real deficiencies of the customary online marketplaces, for example, finished the best charges for transactions and postings, the absence of security in completing transactions and absence of any long haul remunerate for platform dependability. Through its inventive approach, the platform figures out how to give clients free postings definitely lessened transaction charges and rewards the holders with reasonable profits for their investment utilizing a platform-particular cryptocurrency that tracks the esteem and notoriety of the platform.

Ethbay will be open for clients from around the globe and to enroll on the platform, they won’t require entering any individual data; however, clients may add their email delivered to get notices with respect to deals, offers, buys and so on the off chance that they wish. Vendors can give an Ethereum deliver where they need to get the payments for any business they make. Once the purchaser gets their request and is happy with their buy, they can discharge the escrow to the dealer.

Ethbay is a quickly developing on the web marketplace that is ceaselessly working towards enhancing its services and adding better highlights to it. Later on, Ethbay intends to include an element called Ethbay Services on the platform through which the clients can purchase and offer services utilizing Ethereum, similar to a decentralized Fiverr. It also plans to make Ethbay Classifieds where the clients can purchase or sell locally utilizing Ethereum.

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