Crowd-buying with Ethereum on Peddler
Starting today, http://www.peddler.com
is accepting payment with Ethereum and 14 other cryptocurrencies.
With products ranging from the hottest new Parrot drones to Samsung phones or Nike sneakers, we want to give the Ethereum community a place to buy real products they actually want. Within the next month Peddler.com will be the first to offer crowd-buys on cars for crypto throughout the EU.Why Peddler started accepting Ethereum:
“We realised we have a lot of customers who hold Ethereum amongst other crypto currencies but have no place to spend them. So we expanded our crowd buying for Ethereum users. After-all we are using smart-contract to match AI driven product demand with merchants. We plan on making Peddler.com the major platform where cryptocurrencies can purchase nearly any product you want, and at the lowest price."Using the blockchain and collective purchasing power:
We use AI to aggregate product demand in 1000's of forums, and match this demand with merchants who can provide the product in bulk - we are using smart-contracts to facilitate this. As a crypto consumer you will be able to get offer discounts of 20% to 50% off on products you want. You can even add them your self, simply join the Crypto crowd, and post the product you want.Peddler.com is creating a global decentralized shopping ecosystem:
“AI enables us to cut out the middle men – big advertisers who are getting our data for nothing – and even start paying users for sharing the things that they want. Our thesis is simple: It's your data and you own it, so you should get paid for it and pay with it. Our ambition is to scale and become decentralised in order provide our AI and crowd buying capability to everyone everywhere -- even cutting out Peddler.com itself.”Why use Ethereum on Peddler?
“Using crypto will allow you to bypass the transaction fees imposed on credit card transactions, and we’ll lock in the fiat value of the product for a period of 15 min (we are working hard to increase to 30 min++) to mitigate the price fluctuations which can occur due to volatile crypto economy” This enables all of our merchant to accept crypto currencies, this is particularly relevant as most merchants still use a legacy supply chain within a cash economy.We welcome the Ethereum communities feedback, thats how we built Peddler with help from communities. We are constantly looking to enhance our platform. And openly discuss feature considerations, and we like to answer your questions. If you want to know more about Ethereum on Peddler or our roadmap towards decentralising just drop us a message.