A REVIEW ON CAUSEE PROJECT
In all spheres of life, the world is being faced with complexity of all forms, not leaving behind the financial industry and transactions, which results in restraint of all sorts. Traditionally, the e-commerce sector is been faced with loads of failures, insecurity, unnecessary transaction delays, exorbitant charges being charged by owners of online shops and the use POS (point of sales). These factors put together put a strain in the effective and efficient use of the traditional e-commerce sector hence the need for an improvement to keep the e-commerce industry running and successful too.
The Blockchain technology since its inception has been widely accepted by all most all sectors as it is known for its decentralization, transparency, perfection, security and speed. This serves an improvement over traditional mode of transaction. It is on this premises that the Causee platform built its operation to help stand the test of time and bring a lasting solution to the menace experienced in the e-commerce industry.
The aim of the Causee platform invention is to provide a complete liberation from agencies controlling e-commerce industry and decentralizing blockchain technology which will be a thing to look out for in the nearest future.
The Causee platform is made up of three distinct sectors, namely: shopping, games and money collection(fund raising)
Shopping: the Causee platform has lowered prices by up to 90% in products purchased on the platform and such products can be accessed through merchants, sponsors or company inventory. All goods will be included in the control panel to facilitate consumer consultation as at when due.
Gaming: All work and no play makes the consumers dull. The gaming sector is based on an algorithm that selects the recipients randomly for the collected products, providing adequate performance on the platform with due transparency.
Fundraising: this is a protocol provided by the Causee platform to support an objective in the platform. This is done in such a way that at the end of each purchase panel, a stable contribution will be provided to support purposes.
The team behind the creation of the Causee platform has got wealth of experience in diversified aspect of life including blockchain technology, web design, web development, product management, financial services, marketing and others.
On the Causee platform, the Consumers are favored with loads of benefits which includes the following: buying goods and services without necessarily spending money, No processing fee, No unnecessary charges, All suppliers are verified and the consumer enjoys 100% satisfaction and delivery guarantee, and the platform provides sales
More than 90% discount for every product offered. With this one can comfortably say the Causee platform is User friendly.
CURRENT PROBLEMS FACED AND THE CAUSEE SOLUTION
Below are some of the problems faced traditionally by the traditional market and the solution Causee platform hopes to bring:
. Traditionally, Customers have to go through know your customer (KYC) processes foralmost all thir transactions carried out which is really not necessary at all times and can be discouraging too but with causee platform, only merchants will be verified using KYC to ensure goods are of good quality, durable and in good conditions.
. It is also seen that Exorbitant charges are been charged unduly but with the causee platform, there will be no transaction fees.
.Worthy of note is the fact that Chargeback fraud occurs when purchases are been made traditionally, since Causee platform is built on th e blockchain technology any transaction executed can never be reverted and will be transparent.
. We are well aware of the monopoly that the Merchants operates as they guarantee sales at the point of sale and they mostly don’t operate a refund when customers have a complaint but this is not applicable on the Causee platform as owners guarantee all items sold.
To help create more extensive value for the Causee token, The team has made provision for reliable protocols to help protect the value of the token, with this is mind no other token will be created, mined or minted, after the initial coin offering (ico) as all leftovers tokens will be burned. The team has also put in place a buyback and burn program which will be done every three years. All these put together will further create more demand for bst thus increasing the value with the reduced circulating supply. Worthy of note also is the fact that Holders of the BST tokenswill receive quarterly payouts in their wallets.
CAUSEE TOKEN (BST)
bst is the native token of the causee platform, it was built on the stellar blockchain technology making it xlm compliant. The bst token will be used for all forms of transactions carried out on he causee platform and this will further improve the scalability and stability of the token in general. We are well aware that, The stellar blockchain has proven to be one of the best time technology over time even though not widely used yet like the ethereum blockchain which is currently the most used. Hopefully in the nearest future, stellar network will be number one and widely used in no time as it is a huge improvement over other network.
NETWORK: STELLAR COMPLIANT
TOTAL SUPPLY: 40 MILLION BST
AVAILABLE FOR PURCHASE: 32 MILLION BST
ACCEPTED CURRENCIES FOR PURCHASE: BTC, ETH, XLM, LTC & FIAT
MARKETING & INCENTIVIZATION CONTINGENCY: 2%
BOARD & ADVISORY: 8%
TOKENS AVAILABLE FOR PURCHASE: 80%
OFFERING EXPENSE: 2%
RESEARCH & DEVELOPMENT: 60%
For More Information
BountyOx Username: Joygalz