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Plaza System ICO Review - A next-generation b-commerce platform

Introduction


Plaza System is a platform that provides sellers or businesses a next-generation b-commerce (blockchain-based commerce) infrastructure with the fastest blockchain ever existed for a business very big or small. And it provides buyers or consumers a platform that enables them to reduce the high costs they pay in commerce platforms usually.

Plaza System ICO Review, Blockchain, CryptocurrencyTotal bCommerce is the platform that contains MerchantChain, which is the blockchain providing extremely fast transactions with a speed of over 15,000 tps (transactions per second) and allows the businesses to build their own decentralized applications on top of it, and The Freedom Lifestyle, which has all other functionalities of the ecosystem like the browsing, searching, payment tools etc.


Vision

Total sales record for the global e-commerce market in 2017 was recorded to be $2.29 trillion, which is expected to go above $4 trillion by 2020. Although the numbers are quite high, but the integration of blockchain technology into the e-commerce market can boost it up to a large extent. Mainstream adoption is the very first and the most crucial problem faced when integrating blockchain into a business model, specially in e-commerce. The reason for that is volatility of the currencies running in blockchains, which reduces utility and users fear loss of value in using them.

Plaza System aims to solve that problem by using different business strategies including PlazaCards that can be topped up with Plaza Dollars which are backed by real-world value and won't face volatility like others. Other than that, PlazaDesktop and PlazaMobile applications with their extremely user-friendly interfaces will make it too easy for any individual to make use of the benefits blockchain technology provides. Someone with zero to none technical knowledge can use the system with no hurdles at all.

Products and Services

Plaza Total bCommerce

It is the blockchain-based e-commerce platform which is simplified, extremely cost-efficient and secure for both businesses and individuals to utilize blockchain technology into their commerce activities. It enables businesses to embrace blockchain technology to expand their business with extremely fast transaction time, and consumers to reduce high costs on their e-commerce expenditures.

Plaza MerchantChain

It is the most secure and sustainable distributed ledger or blockchain that fuels the Total bCommerce platform with its extremely fast transactions with over 15,000 transactions per second and with just 3 seconds of confirmation time. It also allows businesses to create their own decentralized applications (dApps) on top of it. Businesses using MerchantChain can also mine their own token called MTC (MerchantChain Transaction Coin) which can be used for trades on the platform.

Plaza Freedom Lifestyle

It is the container of all other functionalities and services the platform provides which include browsing and searching the web for products for which PlazaDesktop and PlazaMobile applications are used, and payment tools like Plaza Merchant which further contain PlazaWallet and PlazaCard which are used for the convenient use of the payment systems for the user on the platform.


PlazaWallet

It is the multi-crypto wallet that is used for the payments on the platform and can be topped up and connected with PlazaCard to be used for shopping on the go as well.

Related: Plaza Systems Telegram Bounty Join and Earn Tokens By Doing Simple Tasks



Plaza System ICO Review, Blockchain, Cryptocurrency


PlazaCard

It is a virtual or physical debit card which is connected with the PlazaWallet and is usable in any place where the traditional debit cards are used. PlazaCard enables the users of the platform to spend their cryptocurrencies in their daily lives where they usually spend fiat-topped debit cards like VisaCard or MasterCard. It can be topped up with Plaza Dollars which are backed up with real-world value and won't lose value over time.


PlazaConcierge

It is a smart speaker device with a modern design and ultra-modern functionalities which can be used for searches, shopping, account management, PlazaWallet and PlazaCard management as well as for asking questions and chatting on the platform. It also has a hardware wallet which can be used to keep private keys secure.


Plaza Freedom Lifestyle Rewards

It is a reward system which will reward businesses or individuals with Plaza Tokens for completing certain actions that are beneficial for the platform. Those actions include translation services, referral programs or bug identification.



Token Information

Details

Symbol: PLAZA
Price: 5,000 PLAZA = 1 ETH
Soft Cap: 5,000 ETH
Hard Cap: 100,000 ETH

Distribution

Total Supply: 500,000,000 PLAZA (remaining tokens after the end of the sale will be burnt)


Public Sale: 325,000,000 PLAZA (65%)

Advisors and Early Investors: 20,000,000 PLAZA (4%)

Reserves: 75,000,000 PLAZA (15%)

Team & Founders: 75,000,000 PLAZA (15%)

Bounties: 5,000,000 PLAZA (1%)

"This article was created in exchange for a potential token reward through Bounty0x"

Project Links:



Auther's Details:

Bitcointalk Username:
Raihan Shakeel

Profile Link:

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5

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