Buyzooka - Building a new blockchain ecosystem and a new digital standard.


About Online Marketplace.

An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are a major type of multi-channel e-commerce and can be a way to streamline production processes.

In online marketplaces, consumer transactions are processed by market operators and then submitted and fulfilled by participating retailers or wholesalers. This type of website allows users to register and sell one item to many items for a "post-sale" fee.

In general, as the marketplace aggregates products from a wide variety of providers, the choice is usually wider, and availability is higher than in vendor-only online retail stores.



About Project Buyzooka explanation.

Buyzooka is a FastCheck out platform that connect shoppers to 1.5 millions independent shops to date. It aims to provide to local stores the same technological tools than Amazon-like marketplaces to give them back the power through unbundled and decenetralized mutualization.

Our platform functions as software that facilitates the commercial process of initiating and executing transactions over the internet. Independent merchants display products on their own preserving their indentity. Then consumers browse the Buyzooka’s search engine to find and purchase the Products based on desired preference discovering a huge diversity of brands and independent retailers. Hence, a fashion wears merchant will be found through Buyzooka’s unbundled network with keywords search like Apparel, sneakers, bikini, etc.

Buyzooka is a nomad fast checkout platform that drives e-shoppers to a next level in term of user experience because We're not interested in fancy software. We're interested in solving real business problems.


Buyzooka is adapted to shoppers untold needs

  • It integrates a universal and cross-site wishlist: user won't use shopping cart anymore as wishlist.
  • No more manual sign-up + fast checkout: Buyzooka read e-shop source code to fulfill heavy-lift procedures automatically: Sign-up, cart management, and checkout in autopilot mode. User doesn't even need to get back to the site to late check out: "inBed-mode."s.

Be part of Ecommerce 3.0

Buyzooka is building a class of products and services to empower shoppers to get better prices, buy local, guarantee transparency, use data to make a wise choice, and *get compensated for shopping*.


PROBLEM DESCRIPTION

SLOW CHECKOUT:

The e-shop checkout process should only take a few seconds. However, incorporating features that ask buyers to fill in information on a different page or open a new payment account tends to be unwieldy and unattractive. However, some platforms require buyers to enter the same information many times. And this, in turn, causes buyers to lose interest. While slow checkouts are fluent with desktop, they are more fluent with mobile devices. An unresponsive e-store is more difficult to use for checkout. Buyers may be asked to fill in shipping and billing information. If they do not fill in all the required details, they may be asked to start the filling process again. Having to navigate the checkout process for a few minutes tends to cause shoppers to abandon their carts.


PAYMENT PROCESS:

Research has revealed that 85% of retailers cite poor payment experiences as the key reason for loss of sales. Shoppers are usually picky about their payment method because of security reasons or personal references. Hence, those who do not find their preferred payment option tend to abandon the checkout process. A report revealed that consumers in Eastern Europe and specific Western European countries like Greece, Belgium, Germany, as well as Indian, Latin America, and Russia were likely to pick the retailer payment option as the most important part of the shopping process. To them, the payment option is more important than options for delivery or returns. While most people previously pay with credit cards, technological advancement has given rise to different financial developments. Younger shoppers now prefer to pay with Paypal or digital currencies.


INEFFECTIVE CYBERSECURITY:

Ecommerce platforms have become treasure troves of personal and financial data for hackers. And for businesses, the cost of a breach (loss of data and customer trust) is usually damaging. In 2014, eBay was hacked. The personal information and passwords of registered users were exposed to hackers, thus leaving users susceptible to being victims of identity theft. Ineffective cybersecurity does not only ruin a business but can also make shoppers lose their financial accounts. 



THE SOLUTION Buyzooka

With the increasing volume of eCommerce, there are the need to provide a more reliable platform built on an unbound, decentralized, fair and trusted model. Buyzooka provides a solution to this problem by developing a nomad, fast merchant agnostic checkout platform that automatically connects 1.5 million sellers to date to potential customers (Holders). Unlike general purpose shopping cart software which developers need to customize and maintain, Buyzooka runs directly into the HTML of the website and requires no additional coding ordevelopment work of any kind from the retailer. It Streamlines automatically and off-site (Nomad) from registration to cart management and transaction processes avoiding a painful check-out process reduce cart abandonment via UX repair.

UNBUNDLED SHOPPING PLATFORM
Reaching the right audience for a business can be very difficult for merchants and business owners. The introduction of the internet launched a means through which merchants can reach potential clients  irrespective of the difference in location. However, established eCommerce platforms have proved to be unavailable to merchants due to factors within their control. Other challenges sellers and merchants face include accepting multiple currencies (including Crypto ) government regulations, tax laws, and even customer support. Hence, merchants need to determine the right eCommerce platform to reach potential clients worldwide without having to deal with the problems associated with conventional platforms. Buyzooka proves to be a significant advantage over other platforms by providing a nomad approach where shoppers and merchants can buy and sell goods without payment restrictions, checkout difficulties, and borderline/
financial restrictions. 





What is blockchain and why is this technology so important? 

  • The idea at the core of blockchain has been around since 1991, but it was only after 2009 that the technology got proper recognition, when Bitcoin was launched by the mysterious person (or even a group) called Satoshi Nakamoto. The true identity of Satoshi hasn’t been found until this day, but his technological innovation has succeeded in making the world reconsider the way we create and use money.
  • BTC transactions are peer-to-peer, which means that money flows directly from one user to another, without involving authority such as banks, regulators, or governments, etc.
  • This is as transparent and safe as it gets — all transactions are traceable, yet can’t be regulated by authorities.
  • This technology ensures maximum transparency, reliability and security of transactions. Blockchain can increase efficiency and security across a wide range of industries and businesses (financial sector, charity, supply chains, healthcare, etc).
  • Blockchain-based projects pop up every day! This is exactly the technology we are leveraging to create a unique product that will improve millions of lives with technology and new tools.



INITIAL DEX OFFERING

Buyzooka Initial Coin Offering involves a fundraising scheme through which funds will be generated to actualize the aims of developers and build the global decentralized eCommerce platform that changes how things are done in the space. During the Buyzooka’s ICO, anyone will be able to buy the $BZOO tokens irrespective of their location.

As Buyzooka is a global initiative, the ICO will be open to everyone. The $BZOO token will function as utility token as well as a governance token and Token-Curated registry. Holders will be able to use the $BZOO token to pay for goods, exchange the token currency on decentralized protocol exchange plateform when listed, and use the token to vote and to curate list. At the end of the ICO, and Although anyone can sign up on the Buyzooka platform, only users who participate in the Initial Coin Offering will have a free lifetime access to premium features.


Tokenomics

Total number of Tokens Created: 100.000.000,00
Initial supply: 40.000.000,00
Funding Target – 3.465.000,00 Euros

The Coin Offering will be divided into three stages:





Token distribution




ICO Funds Distribution






CONCLUSION

The second wave of commerce ushered in a highscale business model designed to meet the needs of an online global audience. While this development changed how people could access products, it brought along centralization. Centralized eCommerce platforms like Amazon exerted influence over users’ experience on the sites and ended up putting people under their autonomous control. Policies change without prior notice, high commissions are required, some payment methods are unavailable, some goods cannot be shipped to some countries, and the checkout processes are usually stressful. However, the introduction of blockchain and token-based business models has changed how things are done. Buyzooka builds a decentralized eCommerce structure that removes the problems initiated by the centralized platforms. By being built on blockchain technology, Buyzooka allows users, shoppers, and e-retailers to transact without the need for a middleman. Buyzooka erases the problem of cart abandonment by providing a better checkout process through the incorporation of the Nomad API AND ERP software, as well as a provision of the added features of the blockchain technology. As the internet was developed to promote decentralization, Buyzooka reflects that in its representation of its eCommerce platform.


Author: ruday80
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2644541
ETH: 0xF46F28F7628436a3Fb35F85cd266Fda3291006c0


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