GrenMarket
Last updated
Last updated
Grenmarket is a decentralised marketplace where buyers and sellers across the globe can register themselves online and initiate trades with $GREN Tokens.
Moreover, consumers may earn additional rewards through community participation or leaving reviews about their post-purchase experience. keep your business connected and help you grow your profits.
Unlike a centralized marketplace administered by a middleman, Grenmarket is a decentralized structure. The main distinguishing feature between a decentralized and centralized system is the need for a middleman for helping the market. Where a decentralized marketplace like Grenmarket is self-regulating, meaning that the market drives itself towards equilibrium, and in any case, if it does require assistance, it has a DAO (Decentralized Autonomous Organization)governance model where all members contribute towards decision making.
Grenmarket specializes in multiple different products, including common goods, services, real estate, and financial tangible and intangible tokens. Grenmarket will be integrated with metaverse. Whether you want to purchase an electronic device or a piece of property, you will be able to examine or visit the site physically. MetaGren virtual reality will make it possible.
Grenmarket will enable its online buyers and sellers to communicate with each other through different communication modes, including messaging, live chat, and meetings through virtual reality.
Why pay more? , a blockchain with much lower transaction costs than Ethereum or Bitcoin. Transaction fees are lower than other top cryptocurrencies, so that's a double win for you!
A centralized marketplace is often subjected to malicious threats. The theft of goods or other claims on the property is a very frequently occurring problem faced by buyers in centralized markets. Grenmarket caters to both issues as mentioned above. Firstly, goods are not subjected to theft due to being traded digitally. Secondly, goods are not damaged or flawed as examined physically before purchase. Thirdly, there will be no other claimants on the property bought due to its ownership transfer occurring on a blockchain.
Immutable transactions
Transactions on Grenmarket are immutable meaning that there is a log for each transaction recorded and it cannot be reversed once embedded on the blockchain.
Promotion Ads
Grenmarket users will be able to market their products on this large platform through signing up for our promotion ads section. Sellers can market their product by featuring their ads by signing up through a certain fee on the platform. An ad is accepted to be featured on the platform through a proper channel of governance on the platform.
Payment method
All payments on Grenmarket are made through the native token of the platform, $GREN.
Users can acquire $GREN Tokens by converting their digital currency into our native token. For this purpose, they require a Metamask wallet.
Concluding remarks: Decentralized marketplaces provide many advantages to all market participants, including security, trust, privacy, lower transaction costs, and transaction integrity. Decentralization alters the paradigms of today’s conventional marketplaces in which a large intermediary firm that controls the platform is able to control every aspect of a trade, from product listings to price discovery, product search, logistics, and the customer experience.