Cryptoemporium: Online Shopping Platform With Crypto Payments

 

E-commerce and cryptocurrency complement each other quite nicely since they share the same home, and both appeal to the digitally-savvy user. As an e-commerce retailer you should view cryptocurrency the same way you view your business. It’s an additional option for those looking for a fast and more convenient way to pay for goods and services. This shows the high demand for digitally-based payments among an online consumer base.

With cryptocurrency there is no need to go to a bank, withdraw money or even enter a credit card number before submitting a payment at checkout. Crypto Emporium is the world’s first Crypto-Only luxury emporium. Launched in February 2018 offering a wealth of high-end items available for purchase in Bitcoin, Litecoin, Ethereum, Ripple, Verge and Decred. From cars, yachts and property to watches and an extensive and affordable electronics department. Crypto Emporium makes use of industry contacts and international trade agreements to search for only the highest-quality of products at competitive prices.

The mission of Cryto Emporium is to create a blockchain-enabled economy by empowering merchants of all sizes to adopt e-commerce through digital currency without the need for advanced technical knowledge. By combining the features of major e-commerce platforms with the benefits of cryptocurrency. They aim to build the most comprehensive, simple and flexible marketplace in the world. Bitcoin and other cryptocurrencies are a currency meant to be used for online trade. To relegate this revolutionary technology for use as a ‘Store-of-Value’ or ‘Speculative Trading Tool’, is to take away entirely from the potential of distributed ledger technology.

Emporium.Finance is a Liquidity Mining Platform that will run for a period of 8 weeks starting 26/11/20. The intention is to distribute the CEFI token evenly and fairly by allowing users to provide liquidity and earn rewards via 9 specifically chosen liquidity pools. They will be running no pre-sale or private sale event that favours whales or large investors that manage to get into the project early and dump their tokens at a later date. It is accessible to all and offers participants the possibility of very high APY in tokens and CEFI tokens for the duration of the program.

  • CEFI is an ERC20 token built on the Ethereum Blockchain. All contracts and code can be viewed on the Emporium.Finance GitHub

  • The tokenomics of the CEFI token are one that further reveal the business intentions. The CEFI token has been designed and built with longevity and utility in mind. Tokens are fairly and evenly distributed throughout the initial LP period and beyond;

CEFI tokens will be earned by providing liquidity to one of 9 interest bearing pools. You can do this by connecting your wallet to app.emporium.finance. To introduce the idea of receiving cashback in tokens, Emporium.Finance has 3 pieces of limited edition merchandise for sale. By making a purchase through the website, users will receive CEFI tokens deposited to their ERC20 address within 24 hours. As voted for by community members each week, Crypto Emporium has allocated 815 CEFI tokens each week to be offered as ‘Cashback’ to incentivise purchases on the platform. This innovative system will seek to drive sales and reward buying activity.

Crypto Emporium aims to redefine loyalty participation programs with the introduction of the Governance Rewards program. This module is what really sets the business apart from any other platform. It is aimed at rewarding platform participants: both buyers and sellers for actions and activity on the Peer-to-Peer Marketplace. This decentralized and automated model creates a self-governing and resistance-managed platform whereby users can vote and decide on key platform business decision, participate in dispute handling and self organise around platform management. This empowers users in a way not seen before.

Conclusion

The message of Crypto Emporium is one that is clear, it’s time to use Bitcoin and other cryptocurrency as it was originally intended, as a digital currency for online trade and transactions. This message has been rung loud and clear through social media communications since February 2018.

Emporium.Finance and the Decentralized Finance revolution has created the perfect storm for the Crypto Emporium team to present and forward this idea to a wider audience, it allows them to incentivise and build an ecosystem that rewards, engages and entrusts the community. CEFI and Emporium.Finance is more than just a speculative liquidity mining investment with no real end goal, it is a business with intention, utility and experience. They know the future of payments is cryptocurrency and they want to invite you to be a part of it.


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