EmailWire
29 Jun 2022, 11:36 GMT+10
The Bazaars Project launches peer-to-peer marketplace app
BRITISH VIRGIN ISLANDS - (EMAILWIRE) - 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
This press release is issued through Arab Newswire (www.arabnewswire.com) - a newswire service for Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire (www.emailwire.com) - the global newswire service that provides Press release distribution with guaranteed results.
Get a daily dose of Arab Herald 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 Arab Herald.
More InformationISLAMABAD, Pakistan - Caretaker Foreign Minister Jalil Abbas Jilani stated on Saturday that Pakistan's decision to establish relations with Israel ...
New Delhi [India], September 28 (ANI): On the occasion of Eid Milad-un-Nabi, which is celebrated as the birthday of Prophet ...
New Delhi [India], September 28 (ANI): Pakistan-occupied Kashmir (PoK) has always been and will remain a part of India. Indian ...
JERUSALEM - Israel arrested five Palestinians in a plot allegedly hatched in Iran to target and spy on senior Israeli ...
Kabul [Afghanistan], September 28 (ANI): As many as 11 countries have put pressure on the Taliban government for violating women's ...
New Delhi [India], September 28 (ANI): President of India Droupadi Murmu extended warm greetings on the occasion of Eid-e-Milad Un ...
ISLAMABAD, Pakistan - Caretaker Foreign Minister Jalil Abbas Jilani stated on Saturday that Pakistan's decision to establish relations with Israel ...
DUBAI, 28th September, 2023 (WAM) - Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, called upon UAE ...
AMMAN, 28th September, 2023 (WAM) -- The UAE Cyber Security Council participated in the inaugural Jordan Cyber Security Summit 2023, ...
SINGAPORE, 28th September, 2023 (WAM) -- A UAE delegation led by Sarah Al Amiri, Minister of State for Public Education ...
ABU DHABI, 28th September, 2023 (WAM) - The UAE will host the headquarters of the Gulf Academy for Strategic and ...
BELGRADE, 28th September, 2023 (WAM) -- Serbia has unveiled its first Smart Police Station, leveraging the advanced expertise of the ...