Post
Topic
Board Tokens (Altcoins)
Re: [ICO] World's 1st 🥇 marketplace working on the blockchain - Storeplex 🛒
by
Storeplex
on 13/07/2018, 13:58:53 UTC
If buyers and sellers are registering for free and trading free, how is storeplex going to maintain the operating and maintenance costs in the future?

Storeplex will take a 1% processing fee from transactions on the marketplace that are made using other supported payment methods (BTC, ETH, LTC etc.)

But do you think this will be sufficient to manage all the expenses? We are already paying cash back as well on plex tokens, so many buyers will not opt for other payments.

Our market research shows that Bitcoin will be one of the most prominent cryptocurrencies used on the marketplace. This indicates that the fees from Bitcoin transactions alone should be enough to cover server and staff costs for the marketplace. And the cashback scheme uses pre-allocated tokens.