E-commerce platform BTEGA is now accepting ERC-20 tokens for purchases on their site. The additional utility for alternate coins are a welcomed service for token holders to purchase lifestyle products.
BTEGA started as a solution to the problem of having real life utility for crypto-currencies. The founders of BTEGA, cryptocurrency enthusiasts themselves, realized there is no platform for them to spend most of the currencies on. With that, they set upon setting up BTEGA platform in order to allow crypto holders like themselves an avenue to put their cryptocurrencies to good use.
Please Note: This is a Press Release
BTEGA’s vision is to marry cryptocurrency with real world utility, starting with a lifestyle product platform. Future plans includes a peer to peer marketplace; a custodian-secured large-value transaction marketplace for high-value asset purchases; all of them using cryptocurrencies as the main conduit for transactions.
Below are some of the top alt-tokens that users can use in Btega for payment:
KNC by Kyber Network
KNC is the native currency of Kyber Network, an on-chain liquidity protocol that allows decentralized token swaps to be integrated into any application.
LEND Token by ETHLEND, powered by AAVE
LEND is the token used on the decentralized lending platform ETHLend. The key difference between ETHLend and other lending platforms lies the use of smart contracts to allow lender and borrower to determine their own loan details without the need of a intermediary.
DAI Token by MAKER
MAKER is an open platform that allows equal access to high quality financial services like collateral loans. DAI is their decentralized stablecoin and it is among the most popular stablecoin in the crypto market today.
PROPY Token by PROPY
PROPY is the world’s first international property marketplace. The Silicon Valley proptech company is aiming to revolutionize home purchasing globally. Their solution enables automation of the whole closing process – from sending an offer to the complete paperwork and the payment. Propy’s Transaction Platform allows participants to finalize property deals online without the need for each party to be physically present.
POWR Token by Power Ledger Network
POWR is issued by the Power Ledger Network, a dual-layer blockchain-based, peer-to-peer energy platform that lets users buy and sell electricity.
ABYSS Token by The ABYSS
ABYSS is the platform specific currency used for shopping, referral and other rewards and in-game purchases on The Abyss, a MMO/MMORPG gaming platform with social and earning opportunity features.
Besides the above highlighted key crypto project tokens, BTEGA also accepts all other tokens supported by Kyberswap. The token list can be found at their site.
The Singapore-based platform which is currently live with 500+ lifestyle products, will be expanding their product categories and variety as more market vendors join the platform.
Users who sign up with Btega now will receive 10 BTEGPoints (the platform’s internal points), which is worth SGD10. Users will also receive cashback via BTEGPoints up to 5% of the amount spent on the site, and on top of that, buyers may leave a review to get an additional 1 BTEGPoint.
For more information on Btega, please contact email@example.com or visit btega.com.
BTEGA | Online Lifestyle Marketplace
Btega was an idea borne out of a growing demand for a marketplace that caters to both fiat and crypto market users. A rampant issue in the ecommerce platform space is a lack of fiat and crypto currencies utility. Btega seeks to offer daily lifestyle products on a multi-currency platform that practices equality, integrity and accessibility.