Cartel CRTL | ||||
Worlds first Collective buying ecommerce platform | ||||
Start date | 01. Mar 2018 | End date | 01. May 2018 | |
Information | Brand new B2C and B2B ecommerce platform that leverages the collective individual purchases to achieve wholesale buying power to significantly reduce cost of goods forever. Using the blockchain to create a self operating platform that connects buyers from all over the world and then with the smart contract collectively pooling and committing their purchases to then automatically "negotiate" a large volume discount from major brands. The smart contract has predefined discounting feature that adjusts according to the volume of purchasers around the world. The smart contract protects the supplier by locking in funds and protects the customers by ensuring delivery of purchased goods. This platform would apply to every product, every industry and just as effectively for companies and organisations who need to purchase in bulk but look to partner with other companies to bring overall cost of suppliers down. | |||
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