"Ecryptostore is an online marketplace with a wide array of features that seeks to bridge the gap between blockchain and the ecommerce business.

Built on the NEM blockchain, Ecryptostore will provide a platform for users to easily set up their own e-store, similar to eBay or Etsy, in which peer-to-peer, decentralized, trustless transactions are speedily and securely put through.

This platform will offer applications for Android and iOS smartphones that will enable users to chat securely, receive push notifications, leave reviews, account for inventory, assess sales analytics, fix pricing, and more.

Its local token, the Free Market Token (FMT), will be used to power a payment functionality, allowing users to send and receive payments in both fiat and cryptocurrencies.

While ecommerce may be a tough market to break into, Ecryptostore has a few unique features up its sleeve that may entice merchants and consumers to join, including:

• Zero fees to open an account: simply register, verify your identity, and list something for sale to activate your account
• Buy/sell items on a local, national, or global marketplace with low fees
• Make and receive payments directly into your crypto wallet
• Buyer protection, as all merchants are verified with traceable products
• Ensure quality of merchants through peer review system
• Unlock premium merchant benefits by paying a monthly fee (250 FMT) or staking tokens (1,000 FMT)

To further a spirit of community, 15% of all revenue made from Ecryptostore transaction fees will be given to a charity, to be voted on by Ecryptostore community members."
  -Invest In Blockchain