Quote from: eMarketChain.co on May 29, 2018, 09:09:13 AM

Quote from: aquantivis86 on May 29, 2018, 03:53:36 AM

Just trying understand - you are offering a 0% fee platform for selling goods which will be supported by an additional subscription based service.

First I am assuming the subscriptions will happen through the smart contract making things trustless and transparent.

Second I am assuming the customers will still pay gas fees.

Third the utility you are offering is in the marketplace people will use when using your token?

Hello aquantivis86,

Everything that you mention is correct. The subscription-based model it's for the merchants and will happen to throw smart contracts. Smart contracts will be used also in every purchase, regardless if it is done in fiat payment or EMAC. In case the buyer chooses to use fiat for purchasing, our exchange algorithm will convert it into EMAC internally and send it to the smart contract. The EMAC Token will be then halted for a certain period, before being sent to the reseller/business. The duration of this halt depends on the account and rating of the reseller/business.

You can check those two articles to get more info about the token economy and the future of our platfrom:
https://medium.com/@martin.shoilev/emarketchain-co-the-project-that-potentially-will-change-and-revolutionize-e-commerce-world-384858b8d307
https://medium.com/@emarketchain/emac-token-economy-and-its-core-value-9fe67bc8284

by converting fiat to emac in case of fiat purchases i want to think will help the price of emac to grow way high, emac is advantaged over traditional marketplaces or other because of zero commission fees.