Buy&Sell(BAS)-Blockchain for Classified All Over the World


Have you known a blockchain system for classified? This is about it. Websites like Craigslist, Gumtree have become extremely popular within countries like Australia, United States, UK in the past decade or so. Statistically speaking, the total global market for classified websites currently stands at over $18 billion. BUY&SELL is a classified platform created for buyers and sellers all over the world. With an easy-online builder, any seller is able to create their own storefront to sell their goods, while making use of the platform’s wide range of features for a minimal fee.Our service offers great opportunities for resellers, self-employed entrepreneurs, small-scale manufacturers, family businesses and makers of handmade crafts, including a selection of tools for direct customer feedback, bookkeeping, sales analysis, advertising and promotion, as well as a convenient, user-friendly interface.Individuals and small businesses will transact business among themselves using a free version of the BUY&SELL Platform to list and shop for products and services. Users will pay no fees to join the classified, no fees to shop or to post listings, and no monthly or annual membership fees. Users will pay only a small (1-2%) fee on each transaction to support the BUY&SELL network. However with that being said, in recent years, there has been a surge in issues related to the fraud, incorrect information delivery and reduced market confidence in this market domain.
What Is BUY&SELL BAS?
Buy&Sell can be thought of as the world’s first “online classified website” that makes use of the blockchain to help facilitate the exchange of goods in a transparent/ safe manner. It allows for “private and business ads” to be published on its platform, and through the use of a native currency, allows for them to be bought and sold quite easily.
Buy&Sell(BAS)-The Problem and The Solution
Scams
We have mentioned earlier, in recent years the “classified ads market” has been hit by a large number of fraudulent miscreants. According to investigative agencies based within the US, over 57% of all ads that are posted on Craigslist are “quick cash grab schemes”. Thus, thought the use of Buy&Sell, users can be sure that all of the ads that are posted on the platform are verified and safe. using classified block-chain technology will solve the problem of the huge number of scammers on typical classified websites, which includes making money and unposted goods.Incorrect information about the product – it will be possible to track the history of any purchased products on BUY&SELL. Also, it will be possible to file a complaint with the arbitration against the incorrect description of goods or failure to comply with the declared state, for example, the condition and mileage of cars.Lack of confidence – The main problem of all classified websites is the lack of confidence between the buyer and the seller, so our system will contain smart contracts on the ethereum. Regarding the deception, the transaction can be prevented even if the transaction has already passed and the buyer has already transferred the money, it will be possible to conduct a counter transaction. Our world does not specifically provide punishments for such offenses. As a result, buyers receive the wrong product or lose money. All these problems will be successfully solved by the new BUY&SELL website created by the block-chain technology.
Misinformation
Another major issue with the classified market these days is the use of false information to lure in susceptible customers. For example, many advertisers sell faulty digital devices (mobile phones, laptops etc) claiming that they are fully functional, when in reality they have several performance issues. Hence, when using Buy&Sell, users will be able to track purchased products, and thus if there is any problem that comes up, the seller can be immediately traced and notified about the issue.
Poor Market Confidence
One of the core problems that plagues the classified ad market these days is that of “poor buyer confidence”. Thus to alleviate such an issue, this platform makes use of “smart contracts” that are designed within the Ethereum blockchain. Through the use of such contracts, if a person is provided with fake goods, a counter transaction can be performed, and the money can be returned safely into the hands of the buyer.
Key Aspects
Good and Free Publicity
Through the use of Buy&Sell, users have the ability freely publicize their goods at extremely the low service costs.
No Middlemen
A key benefit of this platform is its ability to cut out the need for any intermediaries. As a result of this, each interaction can take place directly between the buyer and seller.
Time Saving
Owing to the fact that this service is based entirely within the blockchain, it is able to help execute all transactions instantly (thereby saving both of the involved parties a lot of time and effort).
Reduced Costs
Buy&Sell has the ability to help in the “minimization of operational costs” for businesses by allowing them to hire the right people in a quick, streamlined manner.
Procurement of goods and services:
as mentioned earlier, this platform makes the buying and selling of goods extremely easy and simple.
The Token Sale
To raise funds for the completion of the Buy&Sell platform, the founders of the company will be launching an ICO in the near future. In all, there will be a total of 120,000,000 tokens that will be created. In terms of the distribution of these tokens, we can see that
   20% of the entire currency pool will be used/ reserved for the founders of the company
   75% of all tokens will be made available for purchase to investors via the Pre Sale and Primary ICO.
The remaining 5% will be used of the creation of a bounty.
Now Its ICO Time
Pre ICO
This sale will run for a month, and will follow a “round based” sale model. The cost of tokens during this period will be maintained at $0.1 per coin.
ICO
This is the main sale period during which a bulk of the tokens will be made available. It will run for a duration of 1 month (after the conclusion of the pre sale). The price per token during this period will also be maintained at $0.1.
The Conclusion
Buy&Sell(BAS) service offers great opportunities for resellers, self-employed entrepreneurs, small-scale manufacturers, family businesses and makers of handmade crafts, including a selection of tools for direct customer feedback, bookkeeping, sales analysis, advertising and promotion, as well as a convenient, user-friendly interface.
Official Links for More Details
Official Web:http://buyandsell.io/
AUTHOR
Bitcointalk Username: anja96

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