online marketplaces allow you to promote items with out putting in your personal online store. promoting thru online marketplaces provides a bendy enterprise possibility with quite low begin-up expenses. eBay and Amazon are examples of properly installed marketplaces.
The capacity benefits to be won by using joining an online market will range among industries and groups, and indeed among customers and dealers.
Driveholic is a Blockchain primarily based peer-to-peer Social marketplace for vehicles. they're Worlds first blockchain primarily based escrow relaxed vehicle market, which might be on a undertaking to improve the social market place.
On Diveholic a variety of functions are enabled at the platform as they may be on a challenge to create a social automobile market that lets in all automobiles to be transacted in crypto with out counting on fiat foreign money or restrict by means of boarders. As a decentralized social vehicle market, Driveholic is a revolutionary platform which helps exchange inside the community and it users at large.
Driveholic allows you to buy, promote and auction new and used motors from private sellers and dealerships from everywhere in the international in the biggest blockchain based totally e-trade surroundings. you'll be capable to pay with cryptocurrencies for the car you need with low transaction costs and with the security of a coins loose price process. Due to the decentralized nature of blockchain, Driveholic is a absolutely global platform it's now not confined by using any geographical limits.
ADVANTAGES
• it provides an additional channel to market and sell your products
• the platform offers reduced marketing costs compared to other sales channels
• it allows new opportunities for overseas sales - there has been noted online marketplace growth in the categories of homeware, pets, fashion and sporting goods
• they are popular with customers and offer a convenient way to compare prices and products from a single source
• being part of an established online marketplace provides a level of trust between you and the buyer
• impartial reviews of your products and service may give new customers the confidence to buy
• they offer opportunities to establish new trading partnerships with traders and suppliers, either within your supply chain or across supply chains
• they provide greater transparency - availability, prices and stock levels are accessible in an open environment
With smart contracts, no middle man are needed for transactions. Their smart contract based escrow system will provide the buyers and sellers security. And there will be no fee for transaction through Driveholic Tokens. A defining feature of the Driveholic platform is the merging of social interaction and trading in a single digital platform. Traditional social media interactivity will bring a trust element to the trading experience. Platform will also integrate other interactions to promote beneficial social behaviour. Driveholic's goal is to create a social marketplace where buyers and sellers can come together to sell cars using our secure escrow based system. The Driveholic platform will allow users to buy and sell cars using cryptocurrency
Instead of an Initial Coin Offering, the project will deploy an airdrop phase and a bounty phase. The project will distribute 900,000,000 tokens to all of the EOS holders that have a EOS token balance of over 100 at 1:1 ratio.