Bazaars (BZR): A Decentralized POS Blockchain Network and Business Marketplace
What is Bazaars Network and what are the roles of the BZR tokens?
Bazaars is a decentralized proof-of-stake blockchain network and P2P marketplace that allows users to exchange physical and digital assets without intermediaries or third parties. Bazaars’ vision is a world where individuals can securely purchase assets and everyday goods, regardless of location. As commerce continues to shift online, payments must be fast, easy, and confidential, with control resting in the hands of buyers and sellers.
The Bazaars app, available on Google and Apple Play stores, lets users register with their mobile number and email to buy or sell any legal product, including property and vehicles. Aramex, a Dubai-based logistics, courier, and package delivery company, ships most products; otherwise, the seller arranges shipment. At checkout, buyers pay for the product, shipping (if applicable), and transaction fees in cryptocurrency. Once buyers confirm receipt, sellers receive payment. Refunds for disputed products exclude transaction fees and shipping (if applicable and delivered).
The BZR Token is built on the Ethereum blockchain’s ERC20 standard for creating and issuing intelligent contracts. By holding BZR tokens, investors will receive a percentage of the platform’s transaction fees, distributed quarterly. BAZAAR.APP will distribute 15% of all transaction fees to token holders, with payments initially distributed via airdrops. Within six months of launch, payment issuance will become automated.
BZR Tokens Overview
Token Symbol: BZR
Total Supply: 555,555,555
Total Circulation: 555,555,555
Coinstore.com Listing
Trading Pair: BZR/USDT
Trade Time: TBA
Withdrawal Time: TBA
What are the utilities of the BZR tokens?
Transaction Fee Sharing: BZR token holders will receive a share of the transaction fees generated on the Bazaars platform, based on the number of tickets they hold. This incentivizes users to hold BZR tokens and participate in the platform’s ecosystem.
Governance: BZR token holders will have the ability to vote on platform governance issues, such as changes to the fee structure, the addition of new features, and the direction of the platform’s development. This gives token holders a say in the future of the platform and helps to ensure that it aligns with the interests of its users.
Bazaars Official Media
Website | Twitter (@BazaarsBzr) | Telegram
Note: The all above information comes from the Bazaars whitepaper.
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