ACCESS Newswire
30 Jun 2022, 16:55 GMT+10
The Bazaars Project launches peer-to-peer marketplace app
TORTOLA, BRITISH VIRGIN ISLANDS / ACCESSWIRE / June 30, 2022 / The Bazaars Project has launched its peer-to-peer marketplace app in the Apple App and Google Play stores. The app allows users to buy and sell goods, property, and vehicles with cryptocurrency. This milestone is significant for the Bazaars Project's mission to create a proof-of-stake blockchain network and a decentralized peer-to-peer marketplace.
'The crypto market value is more than $2 trillion. There are thousands of cryptocurrencies and most of their value so far has come from speculation and trading rather than their ability to be exchanged for any tangible goods or assets. The Bazaars Project is aiming to change this by providing a marketplace where people can buy and sell everyday products and valuable assets using cryptocurrency,' said Cryptomoe, founder of the Bazaars Project.
The Bazaars Project has also launched BZR, its ERC20 token. The token is now available on the Uniswap exchange, with other exchanges coming soon. Token holders will earn a percentage of the transaction fees collected from the Bazaars marketplace.
Future phases of the project will enable users to create and deploy smart contracts and decentralized apps individually or in groups without the need for a third party.
The Bazaars marketplace app is not bound by national or regional borders. Customers can shop securely and privately from any location. The Bazaars app does not collect, store, or track sensitive data. Users can register using their mobile phone numbers and email addresses and the app will only collect information required by the app stores.
'We believe in a world where anyone can buy products privately and securely, no matter where they live or what currency they use. Payments need to be easy, instant, and private. And the ability to trade needs to be in the hands of buyers and sellers,' added Cryptomoe. 'The future of commerce is online, with crypto. Bazaars wants to help make crypto commerce a reality.'
The Bazaars marketplace is using Coinbase Commerce for payments. Its delivery and logistics partner is Aramex, a global provider based in the UAE, one of the worlds' largest trading hubs.
About Bazaars Project: The Bazaars Project was established in September 2021. It was set up by a group of experienced entrepreneurs and investors to provide a proof-of-stake decentralized blockchain network to drive crypto commerce adoption worldwide.
Visit https://bazaars.io to learn more.
Media Contact
Raja Al Khatib, Chairwoman
The Bazaars Project
00447787152900
[email protected]
SOURCE: Bazaars Ltd.
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationPALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
The virus was likely first developed at the University of North Carolina, the analyst claims Covid-19 was almost certainly developed...
(Photo credit: Kirby Lee-Imagn Images) Sacramento State head coach Brennan Marion reached into Southeastern Conference territory...
(Photo credit: Stephen Brashear-Imagn Images) Dan Wilson and Ken Griffey Jr. were teammates when the latter hit a franchise-record...
(Photo credit: Kamil Krzaczynski-Imagn Images) The Chicago Cubs set a franchise record by bashing eight home runs in a single game...
(Photo credit: Charles LeClaire-Imagn Images) The Pittsburgh Pirates are on a roll. The Pirates have not only won six consecutive...