Doing a Flash Sale on the Blockchain
Token Changer is the only platform today that will enable you to run a flash sale on the blockchain. Specifically, on the ethereum blockchain. Ethereum is the second biggest blockchain in the world, its user base hold a cryptocurrency called Ether (ETH) with a total market value of $30bn at the time of writing.
It is no news that everybody loves a deal, everybody loves deeply discounted goods and services, that’s why events like “Black Friday” and flash sales work so well. Our exchange protocol called Grapevine makes traditional flash sales work better using the blockchain and here is why.
No Retooling Involved
With a blockchain flash sale, you will be selling tokens on tokenchanger.io that represent the inventory you want to sell. This process is completely separated from your website. So, there is no need to retool your order management system.
Fixed Inventory Supply
You decide the amount of inventory you want to offer for sale. That number of tokens is placed on the order book. Once the supply of tokens is exhausted, the sale automatically ends since the system will not accept new orders.
Word of Mouth Marketing
The grapevine protocol has referral marketing built in. There is no upfront marketing cost, promoters of your flash sale get commission on sales.
Your Questions Answered
How Safe is Token Changer?
Token Changer is built 100% on the highly secure ethereum blockchain. The smart contracts that power your flash sell cannot be modified (not even by us) once deployed on the blockchain.
Why Should I Use Token Changer?
You should use Token Changer for all the reasons outlined above and in our listing page. To sum it up, Token Changer will make you the visionary of your industry and now is the time. We assure consistent high quality customer service to support the success of your flash sale.
Can I Change My Inventory Commitment?
You can cancel unsold inventory on your order book at anytime. However, once the inventory is sold, you are committed to delivering the product or service according to the terms and conditions of the flash sale.
How do I convert Ether to Fiat Currency?
Ether is a highly liquid cyptocurrency with a daily transaction volume of over $800 million. Depending on your jurisdiction, you can change ether to your operating currency (daily if your prefer) using many exchanges. We will recommend an exchange to sign-up with before your campaign starts.
How Much Does the Token Changer Service Cost?
At this point we are not charging a setup fee. We work on commission and would share sales commission with promoters. The commission structure is negotiable and would depend on the industry and product.
Do You Have a Demo?
Yes, we have a fully functional flash sale deployed on the ethereum testnet. We will be happy to setup a video call to demo the product. Alternatively, you can get some ether from the testnet faucet and buy some Robocop tokens!
How Long Will it Take to Set-up My Flash Sale?
We can set-up your flash sale within 72 hours. This would include deploying a token contract for you on the blockchain as well as your flash sale contracts and order fulfillment page.
