SysCoin | A Future Rival To eBay and Amazon? |

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A beginner in the world of Cryptocurrencies this is the first post i've written which directly explores a cryptocurrency exclusively. SysCoin caught my attention after I learnt the incredible amount of money both eBay and Amazon charge for selling products on their respective marketplaces. This is a problem which Syscoin is attempting to mitigate and tackle via their decentralised marketplace with no middle man and no selling fees.

SysCoin is an Altcoin that launched in 2014 as, like all Altcoins, a blockchain. After a year, SysCoin introduced in my opinion its most unique feature- a decentralised marketplace with no downtime where users can easily sell items to prospective buyers with no commission fee. When researching cryptocurrencies (and again I stress I have not been doing this for a very long time) I look for unique features of a particular blockchain that sets it apart from other Altcoins. Another feature that appeals to me is the use of aliases where you can save your address to something easily rememberable i.e Joesaddress. This counters the need to remember complex wallet addresses meaning swift transactions are easily possible.

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I think Syscoin is an Altcoin an system to keep an eye on. Their future looks bright and Q4 of 2017 will see the release of the 'Blockmarket Web- Pro Edition' as well as a 'Blockmarket phone app'. The increased accessibility should increase user retention due to ease-of-use- the phone app and 'pro edition' of the Blockmarket perhaps heightening its credibility.

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