STOREPLEX - Decentralized Cryptocurrency Marketplace

Online fraud has reached unprecedented levels in recent years, fuelled partly by PayPal’s lack of seller protection online, especially for virtual products and services. Fraud costs consumers and merchants hundreds of billions of dollars every year. Unfortunately for those affected by fraud within the ecommerce industry, there is no viable solution on these platforms. In addition to merchants losing revenue to fraud, they are also experiencing unnecessarily high insertion and processing fees, which also reduces profit margins.

Storeplex will solve the current pandemic of problems facing ecommerce marketplaces, while providing a platform that everyone can use to buy and sell products and services. Through the deployment of smart contracts and our custom-built marketplace, buyers and sellers can safely engage in transactions without the fear of losing money or goods.

Storeplex is the world’s first fully functioning ecommerce marketplace that allows users to buy and sell products and services on the blockchain. The marketplace is seeking to spark a revolution within ecommerce by combining one of the most profitable industries with blockchain technology. By using the Ethereum blockchain, Storeplex is able to achieve a decentralised marketplace while utilising all of the advantages that come with blockchain technology. The use of smart contracts provides our users with a secure and user-friendly approach to cryptocurrency ecommerce.

Storeplex, being the latest blockchain project aiming to disrupt a multi-trillion dollar industry, the Storeplex marketplace allows both everyday users and merchants to buy and sell products and services for cryptocurrency by combining one of the world’s most profitable industries with blockchain technology. One of the biggest problems currently facing the ecommerce industry is fraud.

The Storeplex marketplace is a revolutionary step in combating fraudulent transactions and users on ecommerce marketplaces by ensuring that its users and funds are secured and protected by smart contracts. Through the utilisation of the Ethereum blockchain and the use of custom built smart contracts, Storeplex is able to provide its users with a secure and user-friendly approach to cryptocurrency ecommerce. The platform also charges its users no final value or listing fees.

The objective is to combine ecommerce and blockchain technology to create a global marketplace, while solving numerous problems that are present with centralised marketplaces, such as eBay and Amazon. By raising funds via an Initial Coin Offering, they are able to further develop the Storeplex marketplace and implement an efficient marketing strategy. This ultimately provides a better end-product to our users. The token sale will allow investors to purchase PLEX tokens at a reduced rate, which helps fund the project. Investors will receive a utility token that can be used on the Storeplex marketplace as well as traded on supported exchanges.

FEATURES OF STOREPLEX PLATFORM

Storeplex is a decentralised marketplace that allows anyone to buy and sell products or services for cryptocurrencies on a global scale. The marketplace will support thousands of merchants and millions of listings, with its primary focus on no fees.

Our users are not charged an insertion fee for creating listings, which gives our marketplace worldwide accessibility. Purchases made using the PLEX token benefit from no processing fees, whilst all other supported payment methods incur only a 1% processing fee.

Scalability: The Storeplex marketplace will dynamically support thousands of merchants and millions of listings.
No insertion fees: There are no insertion fees for sellers when they create listings.
No processing fees: 0% processing fees for transactions using PLEX. Only 1% processing fees for other supported payment methods.
Uses blockchain technology: Every transaction and listing is stored on the blockchain and is persistent.
Buyer & seller protection: The Smart Contracts protect buyers and sellers from fraudulent transactions by utilising an escrow.
Reliable and secure: Blockchain never goes offline allowing for maximum uptime while also preventing listing tampering and account compromisation.
Community funding: Community Investment Fund will be used to assist small-scale entrepreneurs in expanding their business.
Feedback system: Merchants can accumulate feedback and ratings on transactions which are stored on the blockchain and can be used on other mediums.
Cashback scheme:Purchases made using PLEX receive a 3% cashback.

WHY CONSIDER STOREPLEX?

Storeplex will be the ideal marketplace used to sell and purchase goods and services.
The presence of the community investment fund will promote small-scale entrepreneurs.
Sellers will be able to upgrade their accounts and promote their listings.
The platform will be accessible and low-cost means of accessing goods and services as there will be no processing fees charged when users transact using Plex tokens.
Can be freely traded on exchanges
PLEX has a constantly growing demand due to its usefulness

ADVANTAGES OF PLEX

Used to purchase of goods and services on the Storeplex marketplace
Used to promote of users' listings and upgrade seller accounts
Used to support entrepreneurs in the Community Investment Fund
Transactions using PLEX will incur no processing fees
Purchases made using PLEX will receive 3% cashback
Can be freely traded on exchanges
PLEX has a constantly growing demand due to its usefulness
Has a limited maximum supply of 100,000,000 PLEX

TOKEN AND ICO DETAILS

Storeplex Logo PLEX is the marketplace’s primary currency which utilises the ERC20 Ethereum token standard. It can be used to purchase goods and services on the Storeplex platform. Every listing on the marketplace will accept PLEX alongside other supported payment methods. PLEX can be transferred between any ERC20 compatible wallets, such as MetaMask, Parity and Mist. This allows PLEX to be freely traded on exchanges as well as being used on the marketplace. There will only be a maximum of 100,000,000 PLEX in circulation.

By raising funds via an Initial Coin Offering, we are able to further develop the Storeplex marketplace and implement an efficient marketing strategy.

This ultimately provides a better end-product to our users. The token sale will allow investors to purchase PLEX tokens at a reduced rate, which helps fund the project. Investors will receive a utility token that can be used on the Storeplex marketplace as well as traded on supported exchanges.

Ticker Symbol: PLEX.
Platform Ethereum (ERC20).
Accepts: ETH.
Soft Cap: 2,000,000 USD.
Hard Cap: 20,000,000 USD.
Total supply 100,000,000 PLEX.

Token Distribution