BitNautic Marketplace: What, Why and How

Discover the functionalities of the Marketplace Section of the BitNautic platform, and how they will help industry players increase their margins and find new customers.

Among the many exclusive features of BitNautic there is a hidden gem which you might have missed — but there is no need to worry — we are here to retrieve the gem and present it to you. The feature we are writing about is the BitNautic Marketplace.

In the third quarter of next year, after a period of beta testing, BitNautic will officially release its Wholesale E-Commerce Platform. The aim of the E-Commerce platform is to aid merchants by providing them with the opportunity of advertising and trading wholesale goods.

The major beneficiaries of the E-Commerce platform are going to the producers who will be able to list their goods and, subsequently, directly sell their products on the basis of their specific location of loading. Essentially, producers will not have to rely on middlemen anymore and will have much more freedom and flexibility when undertaking their trading processes.

We believe the E-Commerce platform will enable producers to a wider international exposure and they will be able to negotiate their own terms — thus, leading them to higher margins of profits and increased competitivity.

The payments on the E-Commerce platform initially will take place using the BitNautic Token (BTNT), which is currently being sold through our Token Sale. At a later stage, additional currencies and payment methods will be integrated as well. The use of cryptocurrencies as a payment system enables the platform to be highly efficient, rapid and secured by the escrow service.

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