When LEOSHOP v2...? The need for more Decentralized eCommerce Solutions

uyobong(78)

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LEOSHOP: A place to Buy & Sell Digital Products and Services

I've been lurking around @LeoFinance from March 2020 when it move to Hive and the only thing that has kept me around for these years and more is the visionary drive and resolve to provide sustainable and amazing crypto-finance solutions. One of the beautiful crypto-finance services/solutions that the LeoFinance team envisage was LeoShop, a decentralized ecommerce platform.

In January 2020, Leoshop V1 was created and accessible at https://steemleo.com/leoshop (no longer available) and it served for a reasonable number of weeks until the Steem hostile takeover by Justin Sun which led to the movement of SteemLeo to Hive and consequent adoption of a neutral identity - "LeoFinance". There emerged other highly demanding crypro-finance services which LeoFinance had to attend to and the concept of LeoShop was however suspended.

With the wave of current developments and new creations within the LeoFinance ecosystem, I decided to remind us of the lofty idea about LeoShoop and how it is still very powerful and able to change the narrative in eCommerce. Below was the motivation for the creation of LeoShop.

When we set out to create Leoshop, it was a simple idea. To allow users to upload digital downloads and sell them in exchange for LEO.
In the process of building Leoshop, we realized that it could be a whole lot more than that. Out of the box, we could offer users the ability to choose to pay with either STEEM/SBD or LEO. source

A careful look at the long-term value proposition for LeoShop shows LeoFinance's undaunted crave for sustainable crypto services and crypto-finance solutions. It was already enshrined in the mission of the LeoShop creation to help authors make money beyond their posts to helping them sell their private online courses, training groups and digital products like Ebooks.

Each time I'll say that a LeoFinance creator like @taskmaster4450le has depth of understand in economics and technology and the the unfolding future and how it can be harnessed, as such, setting up a e-course on the economics of technology would be a good digital product that'll sell with LEO or HIVE. Other users like @finguru, @jk6276 and @hitmeasap have shown their prowess and deep understanding of SEO and I am sure there are many other users with myself who will be willing to pay some bucks in LEO, HIVE , HBD to take a course in SEO. How about @Belemo? His strides in Splinterlands could make a solid Ebook sale if compiled. Just a few to mention.

There are professionals here on Hive who will be willing to package their expertise in a text, audio or video formats for an outright sale to another user in need or perhaps ask them to enroll in an online course. I believe LeoShop dynamics has a lot to do with allowing that "digital buyer-seller relationship" to thrive while helping users with amazing skills earn more value from their skills.

The need for more Decentralized eCommerce Solutions

According to Kevin-indig, the internet, over the past 40 years, has moved through three waves of evolution viz: search engines (Yahoo, Altavista, Google & co), eCommerce (Amazon and eBay), socialmedia (Facebook, Twitter, Linkedin, & co), followed by the current wave decentralization of e-commerce.

Thanks to Non-fungible tokens (NFTs) Marketplaces that have been developed on blockchains as a form of digitization of real products and defining a whole new face of currency. NFT markets have provides a competitive advantage in their capacity to tokenize products sold online, combined with their improved security in protecting consumers from fraud, and this becomes an attraction to stakeholders.

The subject of NFTs will remain a complex phenomenon to non-techies and therefore the need to replicate centralized ecommerce solutions in a decentralized way. We need to create decentralized systems that look very close to existing centralized counterparts for ease of adoption. This is the argument that would make LEOSHOP a selling product from the coffers of LeoFinance. Thanks to Hivelist store created by @Thelogicaldude and the successes so far registered. However, we need more of these systems to be able to create a huge impression in the cryptoverse.

Who else needs this Decentralized ecommerce Solution from LeoFinance? Let's share thoughts in the comments section.

Have you read about POLYCUB - a Sustainable DeFi?

These posts would be of benefit in explaining more on the DeFi 2.0 pioneered in PolyCUB and how it plays out as a game-changer in the DeFi space, optimizing yield and serving long term decent profits to investors. They are:

Are you yet a part of this fast evolving change in the cryptocurrency industry. The earlier the better!

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About me...

I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.

I am your favourite Hive Tribes Promoter and Curapreneur!
I am @Uyobong.
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