Introducing: Metaplace.finance

First 3.0 Decentralized Marketplace on Binance Smart Chain

Metaplace.finance
4 min readDec 10, 2021

Blockchain, which started as a cryptocurrency or an alternative payment method, is now often presented as a general-purpose technology for various use cases. However, from a technical point of view, the blockchain can be described as a transaction recorder. It is often presented as a platform or technology that enables transactions. What started as a crypto anarchist dream is now a big blow to disrupting traditional e-commerce.

Blockchain has disrupted traditional ecommerce industry through providing a set of newer and more reliable technologies that has altogether reshaped the functionality of the whole industry. These alternatives range from trade transparency to liquidity. Transparency refers to the open source structure of these blockchains. This allows anyone to add information to the blockchain and make it visible to all members / viewers. Liquidity, on the other hand, refers to the ability of a market to execute a transaction without affecting the price of the good. In other words, liquidity refers to the ability to sell an asset at its original price. Aside from liquidity and transparency, blockchain-based marketplaces provide safer and immutable transactions. The underlying support blockchain throughput also contributes to market efficiency by speeding up transactions. Blockchain-based e-marketplaces are more efficient than traditional e-commerce marketplaces such as eBay and Amazon for the reasons mentioned above.

What is the need for decentralized marketplaces?

In a decentralized market, technology replaces the traditional driving force of the market. The structure responsible for buyer-seller matching, seamless transactions, and organizational infrastructure is replaced by a network of nodes. Each of these nodes performs the same function as some centralized market drivers. Decentralized marketplaces hold seamless and immutable transactions. These transactions are more secure in that the decentralized market structure does not include any intermediaries that could compromise the security of the transaction. Perhaps decentralized transactions are cheaper here because the buyer pays the seller directly and the crypto network validates these transactions. Decentralized marketplaces not only provide a smooth transfer of data and money, but are also relatively efficient in coordinating buyers and sellers due to the unique nature of constant access to information. All products are listed via the blockchain, eliminating human error in products and price lists. Other than that, product search results are completely organic and reliable. In addition, the decentralized marketplace has a consistent institutional infrastructure. This forces buyers and sellers to adhere to market norms and trading rules. This is done with the help of programmable contracts made possible by many networked nodes.

The aforementioned features are the reasons due to which Agoralist comes into the picture. Agoralist is a decentralized, utility token driven online marketplace on Binance Smart Chain. This marketplace brings a twist to online shopping with the added feature of Metaverse. Now Agoralist users will be able to examine goods before purchasing them. Apart from this, Agoralist is also better than its competitors due to covering a wide range of products including, real estate and financial assets.

Why BSC Netowrk?

Binance Smart Chain is a multi-chain protocol that offer’s its users the facility of lower transaction fees and faster delivery it can only achieved through BSC chain. We know how much you dislike higher gas fees and any other hidden charges, to counter your concerns we bring you the facility of lower fees and faster delivery in one platform.

Binance Smart Chain (BSC) is best described as a blockchain that runs in parallel to the Binance Chain. Unlike Binance Chain, BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). The design goal here was to leave the high throughput of Binance Chain intact while introducing smart contracts into its ecosystem.Roadmap

Q4, 2021

  • Website launch
  • Social media presence
  • Whitepaper release
  • Staking platform live
  • Explainer video
  • Airdrop
  • Implement smart contract
  • Smart contract audited by third party
  • Private/Pre Sale
  • CMC/CG Listing

Q1, 2022

  • Decentralized Marketplace (Beta-version)
  • CEX Listing (Binance/gate.io/kucoin)
  • DAO Platform
  • Strategic partnership
  • Onboard Influencers
  • Airdrop Distribution
  • Mobile App (Beta-version)

Q2, 2022

  • Decentralized Marketplace (Main-net)
  • Escrow Service Integration
  • Live Feature ADS
  • Metaverse (Beta-testnet)
  • Cross-Chain Interoperability
  • Research & Development
  • Mobile App (Main-net)
  • Onboard Strategic Advisors

Q3, 2022

  • NFTs marketplace integration
  • Real Estate integration
  • Ads integration with real time bid system
  • Marketing and advertising
  • Digital assets tokenization
  • P2P marketplace scalability

Q3, 2022

  • Media collaboration
  • Dapp studio integration
  • Real world asset tokenization
  • Improvement in dispute rate
  • Expand team worldwide
  • Educate/reward blockchain community

Mission and vision

Metaplace aims to elevate the traditional ecommerce through revolutionizing the e-marketplace by bringing similar feature on a decentralized blockchain structure. Metaplace also adds other crypto features that includes staking and metaverse to enhance user experience.

Our mission is to create a decentralized marketplace for the future. A one stop shop for all goods and services ranging from crypto assets to real estate. Our users will be able to find anything and everything here.

Our community standards will be mentioned on the platform, and regularly checked based on user engagements. We aim and hope to provide a safe community with extraordinary services.

Tokenization

BSC Contract Address: 0xd6bb010019c9d3ea177e6d2e9af7938c6e53da55

Total Supply: 100 Billions
5%: Private Sale
30%: Presale
20%: Liquidity (locked for 20 years)
10%: CEX listing (Provide liquidity to Centralized exchange gate.io/binance)
2%: ILO fee
20%: Staking pool (3 months reward duration)
5%: Strategic partnership & Airdrop (locked for 6 months)
6% Marketing & Development (locked for 6 months)
2% Team tokens (locked for 1 year)

Social Links:

Website: http://metaplace.finance/
Application: https://app.metaplace.finance/
Whitepaper: http://metaplace.finance/whitepaper.pdf
Medium: https://metaplacebsc.medium.com/
Github: https://github.com/metaplacebsc
Telegram: https://t.me/metaplacebsc
Twitter: https://twitter.com/metaplacebsc
Instagram: https://www.instagram.com/metaplacebsc/
Facebook: https://www.facebook.com/metaplacebsc
YouTube: https://www.youtube.com/channel/UClWF4GacAbidx_r9iZUItiw
Reddit: https://www.reddit.com/user/metaplacebsc

--

--

Metaplace.finance

Metaplace is a 3.0 decentralized marketplace built on Binance smart chain. Metaplace enhances the transparency of trade through incorporating metaverse on.