How to open your own crypto store in the era of web 3.0?

Eugeny Kudrin
bartersmartplace
Published in
4 min readMay 26, 2022

In the early days of Bitcoin, online stores accepting cryptocurrencies were a pretty fantastic scenario. Although already in 2010 the famous Laszlo Heinitz bought two pizzas for 10,000 BTC, few people then realized the potential of cryptocurrencies.

Six years later, the situation has changed radically. One of the first popular platforms to accept cryptocurrency as a means of payment was Steam. The digital distribution service for video games and programs accepted BTC from April 2016 to December 2017, refusing due to high volatility.

In 2017, the first crypto-hype began, and already in November, bitcoin reached $10,000. Despite the move by Steam, the general public then perceived cryptocurrency more as a speculative asset, and not as an alternative means of payment — it was hard to buy sneakers for BTC, for example.

Then, in the middle of 2018, the crypto market began to fall, and malicious naysayers were ready to bury Bitcoin, saying that “the crypto bubble has burst.” But no, already in the fall of 2020, the second cryptohype began and bitcoin began to beat one record after another, reaching $69,000 in the first half of November.

In 2022, when Visa and Mastercard payments began to be blocked, for many, cryptocurrency became a necessity — if you need to send money to relatives from abroad or pay for the provision of services to a partner in another country, for example. One way or another, the number of people using cryptocurrency is growing, which means that the relevance of the idea of ​​crypto-shops is also growing.

Why a crypto store is a promising idea today

The first reason to open a crypto store is trivial — today there are many solvent people with cryptocurrencies who would be happy to buy something without the constant need to withdraw funds in fiat currency. Of course, not every jurisdiction allows payments in cryptocurrency; in the Russian Federation, cryptocurrency is still prohibited as a means of payment. But no one has canceled barter deals, and the legal field is steadily moving towards adoption.

The second reason is related to the instability of the fiat currency. Yes, the crypto market is volatile, but look at the dollar — in March of this year it reached 140 rubles, and in May it fell below 60. It is completely dangerous for a Russian citizen to keep fiat money in foreign banks, as many used to do. This means that people will prefer to keep savings and carry out transactions in cryptocurrency.

The third reason is decentralization. Many online stores are dependent on centralized payment systems and acquiring capabilities, which can be turned off at any time for political reasons — why do you need a store where you can’t buy anything?

The fourth reason is the international nature of the crypto store. Unlike blocked payment systems, logistics nowadays works much more reliably. This means that you can attract clients from any country without fear of sanctions.

These reasons are enough, although many others can be found if desired. Now let’s figure out how you can create a crypto store on our platform.

How to open your online store on Barter Smartplace?

What do we offer?

  1. Placing ads about your products on our marketplace for barter exchange, direct sales or auctions;
  2. Active assistance in the sale of goods at the best prices;
  3. Creation of digital copies of real goods in the form of 3D objects and their marking in the blockchain;
  4. Exchange of real assets for digital ones and vice versa;
  5. Accompanying turnkey exchange transactions, including worldwide delivery.

Additional benefits for you:

  1. Make transactions without intermediaries, directly with the client;
  2. Exchange your goods for any real and digital assets you are interested in;
  3. Buyers will contact you in a private chat to discuss the terms of the transaction and write a review about your product;
  4. Publish private ads for only one buyer;
  5. Buyers can pay for shipping of physical goods.

Let’s now consider a specific case.

MELIOR SHOP, which specializes in women’s shoes, clothes and accessories, has already placed its goods on Barter Smartplace. So far, we are talking about 10 ads in the Velas network, but this is only the beginning. Categories Clothing/Shoes/Accessories will continue to be actively filled!

All goods in the presented store are of factory quality. The guys protect their reputation and buy only proven models (quality / convenience / practicality). They ship their goods all over Russia for free via CDEK! You can learn more about MELIOR SHOP in the VK community and telegram channel.

In the same way, nothing prevents you from opening your online store on our platform. The focus can be anything — clothes, shoes, digital assets, real estate — anything.

Use our apps:

Barter Smartplace — trade real and digital assets for cryptocurrency.

Barter Wallet Bot — use free cryptocurrency transfers in Telegram and earn 22% per annum.

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