We are pleased to announce our next AMA on July 12th, 2022 at 01:00 PM UTC Time: Satoshi Club x Bazaars
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Bazaars Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Bazaars Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Bazaars
For more details:
Bazaars Website – bazaars.io
Bazaars Telegram – @Bazaars
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Bazaars is said to be a proof-of-stake (PoS) blockchain network and a decentralized peer-to-peer (P2P) marketplace. where Users can exchange physical and digital assets with each other. And in addition i learnt that users can also produce and deploy smart contracts and dapps individually or collectively, without an intermediary or third-party or the use of an incorporated entity. Now giving the fact that your platforms is going to host A Peer-to-Peer Marketplace, i would like to know if there is going to be a KYC verification process that every user is going to carry out in other for us to start making transactions using the Peer-2-Peer service. What are the necessary documents thats going to be needed for the Verification? Thank you.
While i visited your website, i got to learn that Bazaars (BZR) token holders will receive a percentage of profits from the Bazaars app marketplace. This is quite interesting to know about, so in this instance, i would like to know how you plan on distributing these Percentages of profit gotten from your marketplace to holders of your Token, does every token holder gets or receives the same percentage of token amount as reward? Or it is structured in a way that, the more tokens you we hold determines the amount of tokens users would receive from your platform? In addition, could you please give us the necessary channels in which we can get your tokens? Is the token listed on any of the Exchanges yet? Thank you
AMA Questions 1:What kind of metrics and figures (e.g. transactions per day, or amount transacted) do you target to determine whether this project will be a success in the next 5 years?
Question 2:What are the greatest challenges the team are finding at the moment?
Question 3:How is the budget/runway doing? Can the team last a while considering we’ve been in a “bear” market for a couple of months now?
What is the MISSION of Bazaars? How is your project designed build real benefits and investment return to global community of crypto investors? How will you create positive impact on people and in the digital ecosystem using blockchain technology?
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
There is tough competition in the market and users will be more careful while participating in platforms, especially new platforms. So, can you explain what are some of the standout features that put your platform ahead of others out there?
What do motivate you to start this project?
As I have read about “bazaars will ought to grant individuals to exchange physical assets for digital and vise versa” what are the arrangements made to make the tribes adopt this huge impact (in what ways do you plan to get it into people’s heads and minds)?
What are the long-term sustainable value drivers for the bazaars token?
I learnt that the Bazaars project is split into 4 stages, which are Stage 1 – Thomas Edison, Stage 2 – Yuri Gagarin, Stage 3 – Ibn Al Haytham and Stage 4 – Pennsylvania Mutiny. You also made mention that When all stages are complete, the Bazaars network will be fully decentralized, open source, led, controlled, and owned by the Bazaars community. Can you elaborate more on each of the available stages? And since you made mention that after this stages was completed it the platform would be owned by the community, can you tell us when the stages is going to be completed? And does this mean that the platform is not yet fully decentralized? Who is in charge of making decisions in your platform? Since it hasn’t been fully decentralized?
When Compard to other Platforms that offers similar Services as you do, What could be the main priorities of this Project in terms of development and structure?, on what area are you currently focused on building upon and improving? how do you plan to grow more awareness about project and also build up a solid community? What are set goals before the End of this year 2022? With the current Fall in almost all the Tokens in The Crypto market, do you feel that Bazaars Token is going to Survive an thrive? Lastly, how many exchanges are you planning to list on?.
You made us to understand that Bazaar’s project is split into 4 stages, THOMAS EDISON, YURL GAGARIN, IBN AL HARYTHAM AND PENNSYLVANIA MUTINY. I would love if you could provide extensive analysis of these stages of Bazaar, it’s functions, features, characteristics, the benefits and advantages it will bring to the platform and the community at large. You said when all stages are complete the Bazaar’s network will be fully decentralized, open source, led, controlled and owned by the Bazaar’s community. So when will all stages be completed? Which of the stages is your top priority now and which are you currently working on now? What requirements will bazaar community meet to control and led a particular stage?
Bazaar will gradually evolve into a decentralized organization, where users will have the right to govern the platform and decides on the future occurrences of the platform. Come December this 2022,community governance begins. Can you talk about this, how will your governance mechanism operate? What are the requirements for users to participate in the governance? How will governance rights be distributed among the community? I also learnt that your BZR ERC20 TOKEN smart contract is deployed on the Ethereum Network. Does this mean the Bazaar platform is also deployed on the etheruem network? For what reasons did you decide to deploy your BZR token on the etheruem network? What benefits does it provide to bazaar despite its high gas fee?
Hello Bazaar Team and Satoshi Host.
I see that Bazaars intends to become a fully decentralized network that is open sourced, led, controlled and owned by the Bazaars community. I also noticed that there are four stages (Thomas Edison, Yuri Gagarin, Ibn Al Haytham and Pennsylvania Mutiny) which must first be complete before Bazaars becomes a FULL DAO Structured project with the $BZR token (ERC 20), being the governance token for which Hodlers are also rewarded.
NOW, one major issue with DAO structured DeFi projects is that some Whales buy up a huge share of the DAO governance token and then turns the decision of the entire project according to how he/she feels. What is your solution to this problem? SECONDLY, just as we see in the SOLEND crisis, voting was done in such a way that the decision reached was anti-DeFi in nature. How will the Bazaars team protect the project from such decisions that are made by the Holders of $BZR but do not favor the Bazaars project itself?
I was able to download your application on Playstore, and after i carried out the necessary registration and got access to the application, i happen to notice that you only have three interface of Transactional activities which are ITEMS, VEHICLES & Properties, so i would like to know if you have plans of adding more Features in the marketplace. And one of the confusing aspect in the application was that i couldn’t find a way of Adding funds to my Bazaars wallet, so i would like to know how we can add money to the application in other for us to carry out transactions. Is there possibility that we can make use of our Cards to purchase items?
It is said via your post that One issue that online stores are forced to contend with is high transaction and acquiring fees. And it’s true: major digital payments providers charge high transaction fees for sellers and onerous registration processes and personal information requests. Since the Bazaars app aims to keep it simple by only charging a transaction fee to the buyer. Can you tell us more about your Application? Apart from making payments, what other functions does it consist? How would the application be of benefit to its users?
HELLO BAZAARS!
I learned that The Bazaars (BZR) token was implemented as an ERC20 smart contract with address which is deployed on the main Ethereum network and is compatible with any ERC20
wallet. Despite the fact that ethereum network has high gas fee which is a negative factor that many investors consider before investing in a project, why bazaars chooses ERC network over other networks that offers less gas fees such as BCS and POLYGON?
Are you considering any possible partnership with other networks that offer less gas fee than ERC network in the near future? Before because many investors(myself included) will love to invest in your project but will have to consider gas fee.
Thank you and God bless bazaars.
Hello Bazaars team and Satoshi Host. It is obvious that one of the goals of Bazaars is to be the future of ‘mass adoption’ in blockchain tech because Bazaars a POS platform and a decentralized exchange in which users can exchange both physical and digital assets by P2P without an intermediary or a third party. In doing this, Bazaars has achieved 37,929 users and this is really encouraging as it signifies that there is more adoption of Blockchain tech. HOWEVER, as the current bear market continues to go on, many persons seem to be loosing faith in crypto/NFTs/Blockchain tech and this has necessitated a greater need to get more non blockchain folks involved in the blockchain space. What has Bazaars done in this regard? Otherwise, what are your plans to push more adoption of your services (P2P buying and selling) by traditional non crypto folks?
I read from an article of yours that Bazaars will be a proof-of-stake (PoS) blockchain network and a decentralized peer-to-peer (P2P) marketplace where Users can exchange physical and digital assets with each other. What are the competitive advantages of Bazaars over its competitors ? I also read that The Bazaar Project is split into 4 stages, can you give us an overview of the 4 stages of your Project? When will these stages be completed and what do you intend to achieve at the completion of the stages?
One of the interesting products of Bazaars for me its the Bazaars app which is available for download on iOS and Android where physical and digital assets are bow exchangeable for crypto assets. Can you tell us more about the Bazaar app and how it works? I downloaded the Bazaars app but skeptical about signing in. Can you tell us about the security mechanism used to secure users data and informations, including payment information? What are some of the crypto-currencies currently used for payment on Bazaars App? Thank You
Hello Bazaars team and Satoshi host. I see that what Bazaars is building is pretty huge. As a decentralized P2P market place, Bazaars offers POS and already has 78 Dexes and nearly 40,000 users. Seeing that so many people from different ecosystems would want to use the Bazaars platform, will you make Bazaars a multichain project that is compatible with other blockchains so as to make it easier for users to utilize the Bazaars marketplace and POS opportunities? Also, there have been too many hacks in the Blockchain space (such as Ronin, PolyNetwork, Wormhole, Beanstalk, Vulcan Forged etc), which led to loss of billions of dollars. How will you ensure that the Bazaars platform is not hacked and that users/investors funds remain secured?
Hello bazaars!
I was confused and needs clarification regarding the bazaars stages where you mentioned 3 names and a place as the 4 main stages
1-Thomas Edison; who is an inventor that invented Unversal Stock Printer and many more
2-Yuri Gagarin; who is a Soviet pilot
3-Ibn Al Haytham; who explan that vsion occurs when light reflects from an object and then passes to one’s eyes. and lastly
4-Pennsylvania mutiny; an anti- government protest in US in 1783.
My question those these people’s relates to BAZAARS and why do you choose their names as BAZAARS STAGES?
Do their IDEAS in one way or the other helps in building BAZAARS ECOSYSTEM or even blockchain technology entirely?
I understand that $BZR is an ERC20 token that is deployed on the Ethereum main net that can be transacted by anyone, anywhere at anytime. What are the features abd utilities of $BZR token? I read that the BAZAAR app will pay out 15% of all transaction fee to all token holders, how will this payments be made, will all token holders be eligible for the payment? Will token holders have governance and voting rights of the project?
Going by your project name “Bazzars” the general meaning is a marketplace where people purchase goods etc which obviously what you portray.But one thing I notice from your whitepaper is that the Bazaars app,provides cryptocurrency holders with a way to use theirbcryptocurrencies in their daily lives by enabling them to exchange them for physical products and goods,and eventually services.So does that Bazaars platform is meant for only cryptocurrency holders?We know that most persons have little or no knowledge about cryptocurrency,so can this ones also make use of the services you provide in Bazaar?If yes,how will this non-crypto users easily navigate your app?Is there a video tutorial/guides to enable both new and old cryptocurrency users easily explore the app?Please explain thank
I read that in terms of getting a product,most of the products in your app are shipped directly by Bazaars’s partner,Aramex, a multinational logistics, courier,and package delivery company based in Dubai,United Arab Emirates.So will Aramex be the only partner Bazzars will work with to deliver products to buyers?What are your shipping policy like and how long will it take to deliver products to buyers?You mentioned that at checkout,buyers are charged the cost of delivery fee and a
transaction fee.Are these charges fees fixed or it differs due to buyers location and the purchase items gotten?Will Bazaar also plan in having local distributors across the globe to deliver products to supposed buyers?Please explain Thanks
For Bazaars app V2.0,it is stated thatnew releases of the Bazaars crypto marketplace app will incorporate new features.So what will be the new features that will be incorporated to V2.0 that will make it stand out from other crypto marketplace app?When will this new releases be added since you didn’t specify it in your roadmap?You also said that all crypto assets gained from Bazaars’s transaction fees on the Bazaars app will be divided amongst token holders in form of Airdrop.So will there be an amount of $BZR allocated for the Airdrop from the transaction fees or all that is gotten from the from the transaction fees are to share to all $BZR holders?Or will it be for those who hold huge amount of $BZR token?Will this happen on a regular basis?Please explain Thanks
Hello BAZAARS!
I learned that BAZAARS will be governed by its community and controlled by its token holders.
And also the token holders will be the ones that will decide how the BAZAARS NETWORK develops. I aso learned that token holders for BAZAARS will receive a certain percentage of BZR network fees.
My question is that, does it mean that being an early investor is an added advantage? What is the percentage in amount of BZR an investor gets for every network fees obtained? And lastly, is the percentage of BZR network fee an investor can obtain remains permanent for life time or its only for a specific time period?
what will be the percentage of the Bazaars app market earnings that Bazaars (BZR) token holders will receive, in addition to being the holder that another condition must be met to receive the percentage, the Bazares project is divided into 4 stages, in which it is currently, These stages go in parallel with the roadmap or not necessarily?
According to the roadmap, community governance begins in December 2022, I would like to know how governance has been working so far, what function or role has the community played and will play until December, what are the factors that will have the greatest impact on the real price of $BZR, could your market be a strong competitor to OpenSea and other well-known NFT markets?
The Bazaars project is split into 4 stages:
Stage 1 – Thomas Edison
Stage 2 – Yuri Gagarin
Stage 3 – Ibn Al Haytham
Stage 4 – Pennsylvania Mutiny
When all stages are complete the Bazaars network will be fully decentralized, open source, led, controlled, and owned by the Bazaars community, but can you explain us what are you going to do in each stage exactly? Also why did you chose those names ? Where is Tesla?
The BZR Blockchain is one of the most awaited services of Bazaars, so can you explain us how can we install this chain? Will it be possible get the access to it through web 3 wallet like Metamask ?
$BZR is a token that is just being born, which is already a risk when investing, as they plan to attract investors and partners to help them strengthen their structure, Ethereum is a network with great recognition but it is somewhat expensive, as they plan to counteract its high costs, is it in your plans to become multi-chain, what have you established as your priorities and most ambitious goals to achieve?
The main service of Bazaars is connect crypto technology with real world assets, that’s great, but I have a concern, are you legally allowed to do this operations? Also how many countries do you support to this?
I went through your whitepaper and saw many benefits that BAZAARS can offer to its investors which are quite amazing.
$BZR indeed has a great potentials and a promising future. But to achieve these goals we need investors and a large promising community members across the globe. This bring the need for programs that create awareness massively to larger communities.
My questions are, what are the ways BAZAARS will make possible for their project to reach larger volume of communities?
Is it possible for me becomes an ambassador for BAZAARS?
What are the requirements needed for me to become an ambassador?
Bazaars will be possible produce and deploy smart contracts and dapps individually or collectively, without an intermediary or third-party or the use of an incorporated entity. So can you tell us what are the education resources that you offer to the creation of smart contracts into your ecosystem?
Current issue of Most P2P platforms are their Lack of Payment currencies and Methods as most currencies are not currently supported by online payments hence making it difficulty for users to make payments if they don’t have credit cards or other online payment account. Can you extensively explain on the different payment methods and different currencies supported in Bazaar Platform? Are there any regional restriction to users who can access and make full use of the functionality within the Bazaar Platform? What are other current issues of P2P marketplace platforms which Bazaar aims to resolve?
I Understand that Bazaar will be a Decentralized peer-to-peer (P2P) Marketplace. Can you elaborate more on how Bazaar P2P work? In order to safe guard users fund, are merchants/P2P in the Bazaar Platform traders subjected to any KYC verification? What are some of the competitive advantages of Bazaar over other P2P marketplace platforms? With users using their email and other personal information to register, how fully secured and decentralized is Bazaar Platform?
Going Through Your Audit, I saw that most of the contract owner privilege have already been renounced but I couldn’t find any information on your DAO/governance. can you explain on How Decision Making concerning the Bazaar Platform are made? Are there any opportunities/chances given to community members to partake in the Decision-Making Process of Bazaar Project? can you share on some of the future plans, features and upcoming events of the Bazaar Projects?
You mentioned in your whitepaper that BAZAARS is a BLOCKCHAIN that will be deployed as a Proof of Stake (PoS) protocol, allowing quickly, and securely at all times. And It will
also ensure secure deployment of smart
BZR tokens to be sent and received easily, contracts on the Bazaars blockchain.
You also said that Bazaars (BZR) is a token implemented as an ERC20 smart contract with address. These two statements really got me confused.
Can you please explain to me wether BAZAARS is a blockchain on its own or a Token built on ERC blockchain?
Pls explain this vividly to me #BAZAARS!
I learned that after registering in BAZAARS app, users can search for, buy, or sell of any legal products, including property and vehicles.
Where it is possible, most of these products will be shipped directly by Bazaars’s partner, Aramex, a multinational logistics, courier, and package delivery company based in
Dubai, United Arab Emirates.
I live in AFRICA, and if to say I buy buy product from BAZAARS, how can that product be delivered to me since Aramex doesn’t based in my country?
Does that going to cost me another money if order shipping means are to be used or it’s the BAZAARS app that will take care of everything?
Assuming someone from DUBAI wants to buy my product via BAZAARS app, how can it be delivered to him, putting into consideration most AFRICAN countries have poor transport system?
In December of 2022, Bazzar platform intends to launch the community governance according to the Roadmap. Please tell us more details about Bazzars governance portal & it’s core rules? In what way will the governance be implement within Bazzars ecosystem? In order to claim the governance right, what are the requirements that users should fulfil? Should they hold certain amount of $BZR tokens? And also explain about the relation between $BZR token & Governance model in Bazzars ecosystem? However, Lot of platforms have renounced their ownership after launching the governance model. What about Bazzars Platform in this matter? Will you renounce the ownership after December of 2022?
Bazaars will be a proof-of-stake (PoS) blockchain network. The PoS technology seems to be outdated. Why did the team of Bazaars decide to implement this technology once many projects are going in further ways? What advantages will we find on the platform by using this technology?
On Bazaars, users can exchange physical and digital assets with each other. The part of physical assets call my attention. Since this is a worldwide marketplace, how can physical assets be exchanged? If the new owner wants to have its new asset, does the platform have a feature to help coordinating the shipping?
The Bazaars project is split into 4 stages, that have the name of historical people and events like Thomas Edison, Yuri Gagarin, Ibn Al Haytham, Pennsylvania Mutiny. What is the relationship among each stage and the historical entity that gives it a name?
As you mentioned in your docs, There are main four stages in Bazzars ecosystem called Thomas Edison- Inventor of Light Bulb, Yuri Gagarin- the First human to journey in outer space, Ibn Al Haytham- The father of Modern Optics & Pennsylvania Mutiny- The anti Government Protest By 400 soldiers in 1783 year. Actually these persons & events are different each other. So, Could you tell us their relationship to the Bazzars ecosystem & What are the actual meaning to those Similes? Actually, I couldn’t get the points that you expressed by the rhetorical expressions. Please explain me about those main four stages & What are you going to do in those stages?
The roadmap for July includes the app available for download on iOS and Android, with physical and digital assets exchangeable for crypto assets. And exchange listing including 2 DEXs, Uniswap and SushiSwap. What of these goals gave been accomplished, do you have an exact date for each milestone to reach this month?
According to what I’ve read, Bazaars ($BZR) token holders will receive a share of income generated by the Bazaars app marketplace. Could you please enlighten us on how the profit is divided among the holders? For example, if I own 100,000 $BZR token, how much percentage would I receive? Also, I have no idea what the value of the $BZR token is, and I noticed that it is not yet listed on Coinmarketcap or Coingecko; when do you intend to list it there? Where can we purchase $BZR token to hold?
According to your whitepaper, the $BZR token has been algorithmed on Ethereum blockchain as ERC20 token. But the problem of Ethereum blockchain is High gas fee. So that lot of users hesitate to use Ethereum blockchain. Then why did you build the whole Bazzars ecosystem on Ethereum chain, Don’t you want to connect with other chain’s community Like BSC, Avalaunch, polygon, Solana etc..? Will we able to see any kind of Cross chain migration in future within Bazzars ecosystem?
Bazaar defines as a fundraising sale of goods, typically for charity or a large shop selling miscellaneous goods. Can you introduce to us what are the certain physical and digital goods or NFTs that you offer in your Bazaar? Can everyone participate in the trading, or do you need us to hold $BZR tokens or undergo KYC verification? What benefits does it provide to users when they use Bazaars’ P2P marketplace?
In the website, it mentioned there that Users can produce and deploy smart contracts and dapps individually or collectively, without an intermediary or third-party or the use of an incorporated entity. So, how is the process of deploying smart contracts and dapps in Bazaars platform? Do you have any tutorials or videos as an instruction to follow especially for non-programmer users? Please provide more information with regards to smart contract and dapps deployment?
I just figured out that Bazaars is a peer-to-peer app marketplace that allows items, vehicles and properties to be exchanged for various crypto currencies. So, firstly could you tell us which currencies are currently available to exchange for an items or properties in your platform? As a peer-to-peer app marketplace that allows to exchange item for crypto currency,how could we assure that items are from legit people and not from scammed?Does anyone registering in Bazaar undergone KYC for personal data verification? With the quality of the products,how can we assure that products to be delivered to buyers are good and no defects most especially with the valuable items? Does the products of Bazaars are going through quality check assurance and do you also have after-sales services? Lastly, for buyers and sellers protection,does your platform has already a license to operate legally especially transactions are being involved with some money and crypto currency? Thank you
Hello Bazaars Team!
From my research, I noted that Bazaars will be a proof-of-stake (PoS) blockchain network and a decentralized peer-to-peer (P2P) marketplace. Can you clearly highlight some distinct features that makes Bazaars a better block chain network to other Blockchain networks on the Cryptosphere space as well as a better Peer-2-Peer marketplace? Why have you decided to use the POS consensus mechanism over other types of consensus mechanisms? Convince us the Bazaars wouldn’t be any regular short hyped project that looses credibility with time; how do you aim to remain afloat in the competitive DeFi ocean?
Hello Bazaars Team!
As I have read on your website, Bazaars features a marketplace where users can exchange physical and digital assets. In addition to this, BZR token holders will receive a percentage of profit made from the Bazaars app marketplace. Can you elaborate on the Bazaars marketplace? What is the structure of the marketplace? Since you mentioned that users can exchange physical and digital assets on the marketplace, can you give an example on the sort and types of physical and digital assets that can be exchanged on the marketplace? What is the fee structure of the marketplace? What exact percentage of profits on the marketplace will be distributed to the BZR token holders? In conclusion, apart from the %profit being distributed to token holders, what will be the use of the remaining profit made on the marketplace?
Hello Bazaars Team!
As I have observed, the Bazaars project is divided into four distinct stages which are; Stage 1(Thomas Edison), Stage 2(Yuri Gagarin), Stage 3(Ibn Al Haytham) and Stage 4(Pennsylvania Mutiny). I was wondering why you have decided to name these stages according to these notable persons;are there any reasons? That being said, can you tell us what each stages entails; what should we expect from each stage? Currently, on what stage are you? When is the stipulated time frame for the commencement and completion of each stage? After all stages must have been completed, what comes next?
All the best with Bazaars.
As your mission is to provide an e-marketplace where cryptocurrency can be exchanged for physical and digital assets, goods, and services,upon studying your Bazaars I just found out that partly of this mission is already realized since you already have an app that offer P2P payment in exchange of an items using a crypto currency so as you already have an app,what’s next step we can look forward from Bazaars? Do you have any plan in the future to build something like a crypto currency exchange for people to easy connect with your exchange as well as your app and are you also considering NFT or gaming services to be associated with in Bazaars? As you only have crypto currency as your mode of payment,do you have plan to also consider fiat currency as an additional payment options to your buyers? As an online shopper,I saw some online shopping platforms partnering with some popular companies to sell their products in their platforms so with Bazaar,are you also planning to collaborate some big platforms to sell their products in Bazaar? If yes,could you tell us in advance what companies or platforms you are eyeing to collaborate with? Thank you
Let’s talk about the Bazaars app:
I noted that the app launches with a readily available catalogue of products and makes it very easy and fast to add to this catalogue and sell any product, using a mobile phone, whether the seller is an individual or a business. Since this entails exchanges of goods and services between buyers and sellers, how will you ensure that the process of exchange is indeed free and fair? Is the Bazaars app bound by any geographic or payments restrictions or national borders? You mentioned that product prices will be listed in BTC. Since product prices will be listed in BTC, in what currency will payments made; Is it in BTC or can I make payments with other cryptocurrencies or maybe fiat currency too? Can you list out some currencies supported on the Bazaars app?
As I went through your white paper, I pin pointed the fact that the Bazaars app is a great innovation which addresses the biggest barriers of e-commerce penetration which includes: Trust, Slow adaptation of mobile payments, Lack of payment currencies/methods, Online payment fraud and High transaction fees. Please explain how the Bazaars app is structured. How is the Bazaars app able to address all problems listed above? Speaking of Fraud, how do you aim to eliminate fraud in the e-commerce circle using the Bazaars app? How is the Bazaars app security structured? How about the transaction fees on Bazaars, as compared to other traditional e-commerce platform, how cheap is it for sellers and buyers to make use of Bazaars? Briefly tell us about the varieties of currencies supported on Bazaars app
Permit me to site an example. Based on what I have read on Bazaars, the platform basically supports buying and selling of products and services. Let’s say I wish to buy a certain products, maybe a Television. How do I do this? Will I pay to the seller first or do I pay only when I have received the product ? How does Bazaars tracks the movement and shipment of these products to the buyer? Do you work with any courier services or probably any shipment services? What happens in case of a lost product which is quite possible as I have experienced this a few times? In addition to this, as a buyer, it it possible to track the position of the product that I have placed an order for? Upon delivery of a product, will I pay any delivery fee?
I read that The Bazaars project is split into 4 stages, Thomas Edison, Yuri Gagarin, Ibn Al Haytham, and Pennsylvania Mutiny. I would like to know whether there is a special reason behind terming each stage with these names. Which type of developments will be carried out during each stage? You have stated that The Bazaars network will be fully decentralized, open source, led, controlled, and owned by the Bazaars community when all stages are completed. Does this mean that we have to wait until all stages are completed? Until then, will the project be controlled by your team members in a centralized manner? If yes, please give an idea about the estimated date of completion. Will the prevailing bear market condition affect the process?
After i check on Bazaars telegram, i understand that Bazaars is a marketplace similar to e-commerce business where user can exchange crypto for physical asset, so is that mean we can use your token $BZR to buy and sell product inside Bazaars? I am also still don’t understand why do we as buyer/seller need $BZR token to do transaction, can you please mention other use-case & function from your token $BZR, do user will have some discount or reward if using $BZR?
It caught my attention that $BZR holders will receive a percentage of profits from the bazaars app market place. Can you elaborate more on this privilege? What is the percentage of marketplace profits that has been allocated to distribute among token holders? Is there a minimum holding amount of $BZR to be eligible to receive profits? Please explain the method of calculating rewards for each holder. In addition to the holding token amount, do you also consider the time period of holdings? Can I get better rewards by holding a higher amount of $BZR for a longer period of time? Let us know whether you are distributing the shares hourly, daily or weekly. Apart from receiving market place profits, what are the benefits of holding $BZR?
Bazaar app is a peer-to-peer marketplace that allows items, vehicles and properties to be exchanged for various crypto currencies. In addition to $BZR, what are the crypto currencies allowed on your platform? Please explain about your responsibility regarding the transactions related to the purchases via Bazaar app. Are there any discounts/offers for using $BZR for payments? Please give us a brief explanation about the current status of the app including the number of completed purchases. When there are plenty of popular marketplaces such as ebay, Amazon and Aliexpress, why should I choose Bazaar? Do you offer any unique features? Is the feature of dropshipping enabled on your app?
Bazaars mention about ‘trust’ by only using phone number and email to register into your app, but i believe this system is not safe since user can use fake email or fake phone number to harm other user and your company. So how will Bazaars prevent scam like this that doing by seller for example send empty box or fake transaction ?
You have identified 5 main barriers for ecommerce penetration, lack of trust, slow adoption, lack of payment methods, online payment fraud, and high transaction fees. Although you have mentioned that The Bazaars app has been launched as a solution to these issues, I could not find any details on how does the app answer these problems. Please briefly explain about your plans to solve these issues. Does Bazzars app address every problem? What about your competitors? Haven’t they properly identified the aforesaid barriers for ecommerce penetration? In addition to Bazaars, was anyone unable to identify and solve those issues atleast for some extent?
Exploring your roadmap, Bazaars app will become available for download on iOS and Android within this month. Although I have already downloaded the Android version, I could not see any reviews or comments on the app. What are your plans to develop the user base and to make the app popular? I read that physical and digital assets are now exchangeable for crypto assets on Bazaars app. What is the legal background of these transactions? If crypto currencies is not legally accepted in a country, can those citizens buy/sell on your app from this month?
Describing the risks associate with $BZR, you have stated that the value of $BZR may fluctuate significantly and become reduced in value for any number of reasons, including the supply and demand, overall crypto tokens’ market conditions, political or geographical reasons, changes of regulations in any jurisdictions, and technical reasons. As $BZR holders, what are the steps that we should take to minimize these risks? On the other hand, what has Bazaars platform done to ensure the value of $BZR and to protect the funds of investors?
What do you consider to be the best features of “your token” ? Are there any features that your token has that we can’t get on any other platform? Where can we stay informed of all the news that your project has to offer us?
How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?
Is your platform suitable for crypto beginners? Or does it only limited for professional users ?
Bazaars ia said to be a proof-of-stake (pos) blockchain network and a decentralized P2P platform.
-How can i as a crypto enthusiast exchange my physical assets to digital assets via Bazaars and what type of physical asset specifically ?
-what blockchain is bazaars built on ?
-who are the partners of bazaars ?
My questions for AMA
– How many bazaars tokens do i need to be a validator ?
What does The Thomas Edison, Yuri Gagarin, Ibn Alhytham, Pennsylvania mutiny means as it relates to the stages in the road map of BAZAAR into achieving full decentralisation?
Gotten a few information after checking out your site but I’d love it if you could enlighten us with a lot more reason why we should invest based on the fact that a lot these projects are quick profits and don’t put into into consideration the general public.
I’d also love to know how many tokens are going to shared upon launching
Can the bazaars be Blockchain be strong enough and secured and other bnb network btc?
How can we differentiate between bazaars Blockchain from other fake or scammers Blockchain pretending to be bazaars?
Welcome to Satoshi Club! How are you?
Can you please introduce yourself and your team. How did you get to be involved in Cryptocurrency & Bazaars Project?
Great background both of you have here , by the way how big are Bazaars team right now ?
What’s the plan after December
And What’s the plan to ensure that projects creating there token under Bazaars chain will be safe for investors. Like conducting Kyc.?
95% of bsc is scamm already and people are getting more scared.
What’s the thing to keep us with you and have your team done any projects before, you can share us some history of it
Talking of buyers confirming good’s before pay, what if the buyer doesn’t agree he has reviewed goods after receiving goods,is their a platform to get it settled. Do you mediate the two transactions by any means to provide solution to high scam rates