STQ. Why do we need it?

Storiqa
storiqa
Published in
3 min readFeb 16, 2018

We are frequently asked if we are Amazon with cryptocurrency payment? That point is actually looking pretty realistic from the first glance: Storiqa is opening its own international market and will make sure owners and buyers are about to find each other regardless of their place. But there is something that makes Storiqa truly unique in the field of e-commerce. It’s the STQ token (which sale has been finised on January 29). We are using this token to make our marketplace #1 in the world. And it’s our core point.

What are the STQ’s advantages?

For shop owners:

STQ tokens are issued for internal payments on STORIQA and also are the only measure of payment for fees and marketplace services. Seller can start the business on Storiqa’s platform by paying the price for placing goods in STQ. It’s the win-win combination if we are talking about the pricings: there is no need to pay 20%-30% in taxes like the other traditional marketplaces usually need. Our shop owners only pay for each placed item and can add any additional options like presentational materials or deep analytics.

For buyers:

Complete erasing of the financial borders (especially in countries with the regulatory limitations), fastening and low-cost of the transactions are not all what makes STQ an ideal payment. Everyone likes to receive gifts, high cashbacks and bonuses — paying for STQ goods, the buyer gets benefits which are limited or not included in other payment methods: special bonus offers and increased cashback. Just imagine: you can buy a unique product on Storiqa, and get a discount on it, and percentage of the payment will be returned to your multicurrency wallet.

For Partners:

You can monetize your popularity on the Internet while shopping on Storiqa. Partnership marketing schemes will help to acquire rewards for the referral offers inside of the CPA. Make product reviews with Storiqa, tell your friends about Storiqa’s sellling items and share your referral link. Community opinion makers will receive additional %’s from the sellings!
The use of the blockchain provides transparency what is convenient for all participants in the interaction.

Partners’ projects are allowed use tokens for payment on their platforms. They gain the same benefits in terms of transparency and high speed of payment.

Where to get STQ

It is logical that before you spend STQ, you need to buy them somewhere, and the most obvious way — tokensale — is already unavailable. What’s left?

Where can a seller buy STQ:

1. Sell goods with STQ;
2. Buy STQ on Storiqa (The platform will not buy or sell tokens on day-to-day basis, leaving the advantage to the investors. The platform fund will be permanently growing through collecting fees, but these tokens shall not be sold on the exchange market);
3. Buy STQ on an exchange: STQ sticker will be trading since March on exchanges HitBTC, EtherDelta and TIDEX.

Where can a buyer get STQ:

1. Buy STQ on an exchange;
2. Offer services for the preparation of presentation materials as part of crowdsourcing Storiqa;
4. Share an information about product from Storiqa with friends and followers, public a special link and get the percentage of sales in STQ;
5. Buy goods on Storiqa and get increased STQ cashback.

Summary

We want the STQ token to become a universal way of interaction between sellers, buyers, traffic providers, partners and media personalities. We are sure that each participant can benefit from STQ usage.

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Storiqa
storiqa

crowdsale.storiqa.com. We believe in the Blockchain. We are into e-commerce too. We are creating a project that integrates these two issues into one.