Most people at some point buy something that they may prefer didn’t show up on their credit card statement.
These transactions might be slightly embarrassing but still 100% legitimate. Think for example of the multi-billion sex toy market.
One of the greatest benefits of cryptocurrency is that they enable people to transact while still preserving their privacy.
Many consumers would like to be able to use cryptocurrency to make these purchases but currently there are few merchants which are servicing these buyers.
And where there is demand in the market which isn’t being met, there is opportunity.
Many businesses and individuals would like to take up this opportunity, but they have fears. They are concerned about the possibility of being defrauded. In many cases the challenges of setting up an online store and accepting cryptocurrency is simply too hard.
For consumers there is the fear that once they make that irreversible Bitcoin or Monero payment, that the merchant will simply keep their funds and fail to deliver the product.
KEYRPTO is a new decentralised ecommerce platform that has come to the realisation that if you can solve these problems then you could potentially unlock a whole new world of crypto driven ecommerce.
In order to fund the development, operation and promotion of their new platform they are running an Initial Coin Offering (ICO). Here we are going to break down the opportunity that they see, so that you can decide if the KEYRPTO ICO is something that you want to participate in
Creating A New Market
As noted above there is market of consumers that is currently not having their needs met.
There are now more than a trillion dollars worth of cryptocurrency in circulation. There are plenty of coin holders with fat pockets but a lack of good options on how to spend that coin.
Combine this with people who would like a more discreet way of making purchases.
In order for KEYRPTO to be successful it doesn’t even need to capture any of the market that currently belongs to the likes of e-commerce giants like eBay & Amazon.
Instead it can facilitate an entirely new market of cryptocurrency e-commerce. In many cases these will be for purchases that those consumers would not have even made if they didn’t have access to KEYRTPO.
Reaching New Customerst
There are strong arguments to be made for both the use of either cryptocurrency or fiat currency for e-Commerce transactions. While proponents of both may have valid arguments, the fact is that merchants don’t need to choose.
By using KEYRPTO merchants have an easy way of reaching cryptocurrency consumers without having to sacrifice their own customer base.
Many of the potential merchants for a platform like KEYRPTO will likely already have successful online stores or be using a marketplace like eBay and Amazon.
They can choose to keep those online stores operating, and experiment with the world of offering the same goods and services through KEYRPTO.
Because of the simplicity of starting an online store with KEYRPTO this should be a bit of a no-brainer.
What’s more KEYRPTO is a completely new distribution & marketing channel so they can do so without worrying about their existing brand image on established channels.
A New Marketing Channel
Merchants who switch to KEYRPTO also have the chance to get in on the ground floor on a whole market.
KEYRPTO is going to be on of the first cryptocurrency e-Commerce platforms. It is successful, for merchants it will be like getting in on early on eBay.
At the start their is likely to be a limited amount of competition on the platform, making it easier for early adopters to stand-out.
Setting Up Online Stores With KYT Token
In order to setup an online store merchants will need to make a one time payment of 50,000 KYT tokens. KYT tokens can also be used by merchants to purchase other services through the platform like SEO to increase the visibility of their store.
KYT tokens are being distributed in an Initial Coin Offering (ICO) in January 2018. Learn more by visiting:
Keyrpto Website: http://keyrpto.com/
Keyrpto Whitepaper: http://keyrpto.com/Home/Download
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