A global promotion of the decentralized systems and blockchain technology has led to the emergence of more and more projects based on these technologies. However, these technologies have gained the greatest popularity and distribution in the financial sphere, in the digital industry, where their use is mostly logical. At the same time, the blockchain technology have a much wider prospects of usage in everyday life. Why the area of release of daily use goods has stood aside? The answer is simple – many producers and consumers have no idea what kind of advantages the blockchain technology and cryptocurrencies can bring them.
Taking in consideration the existing opportunities, the Yodse platform founders have decided to show the manufacturers and customers all the advantages of cryptocurrencies and blockchain connected with the trade by an example of the platform within which they have found a real use for these digital technologies. The creating ecosystem is focused on the manufacturers of the industrial goods that is quite explainable. So, according to C.I.A. The World Factbook, the volume of the world market of industrial goods made about 37 trillion US dollars in 2016. The prospects for development of the Yodse platform are just huge due to the fact that similar technologies weren’t applied in this sphere yet.
It is also worth noting that the research conducted by experts of the Yodse team has revealed the absence of direct competitors of the similar platform on the market. So, within the popular world trading platforms, which are connecting sellers with the customers and carrying out the products sale and services of mass demand on the Internet, such as, Amazon and eBay, the large manufacturers of industrial group of goods aren’t presented at all. An indirect competitor for the Yodse platform is the world online B2B-platform for trading Alibaba or AliExpress where various groups of industrial goods are presented. However, this platform has some striking differences in providing the complex of business services for the manufacturers and buyers realized within Yodse ecosystem. Thus, Yodse will become a unique trading platform due to the comparative advantages.
The Yodse platform and it’s advantages
Yodse (Your Open Direct Sales Ecosystem) – is a decentralized, transparent, global ecosystem which allows to connect manufacturers and customers of industrial goods worldwide. Nowadays the lack of the direct bridge between the customer and the manufacturer of industrial group of goods is obvious. The Yodse platform acts as the similar bridge which allows to carry out direct communication of the final buyer with manufacturers of industrial goods bypassing all intermediaries and other existing bureaucratic procedures considerably increasing the cost of goods.
There are some advantages about the Yodse platform before other trading platforms. The platform will provide a decentralized data storage about the transactions and goods and also the maximum transactions transparency between the manufacturers and buyers via blockchain technology, will allow to pay for goods with cryptocurrency. All prices which will be presented within the platform are provided directly from manufacturers. Product localization, first-line support 24/7 will be available to users. The transparent feedback system for real buyers will be realized within Yodse, and their transactions will be confirmed with the smart contracts. It is only a part of functions of the platform which are realized by means of use of a blockchain. In addition, Yodse will give to the users a set of additional opportunities, such as direct communication within a chat between the buyer and the manufacturer, bank of standard documents (for trade and export activity), arbitration and settlement of disputes, insurance, the referral program, a possibility of payment and loans in Yodse tokens and many other things.
How will the Yodse ecosystem work?
Within the Yodse platform there are three parties interacting among themselves at implementation of purchase and sale of industrial goods: customer community, manufacturers and service companies. Each of the listed participants of the platform has the personal account by means of which via the Web interface of the Yodse platform or a mobile application, carries out all actions necessary for it. So, the buyer in his account can carry out a research, then choose the goods interesting to him, then to specify details and the time of delivery, logistics with production, carrying out payment in fiat currency, cryptocurrency or Yodse tokens at the end, and all this happens online. The manufacturer carries out placement of goods and their sale using a personal account within the Yodse platform.
The transactions provided by the Yodse platform are carried out according to the following mechanism: payment from the customer arrives to the Yodse transit account (where the money is blocked before the completion of the transaction); the notification of the funds credited for this account is received by the manufacturer who then ships goods through the logistic company which provides delivery of goods to the consumer; the logistic company transfers data when the delivery is completed, then payment is enlisted into the account of the seller from which the commission of services is withheld (1% – in Yodse tokens, 1,5% – in other cryptocurrencies, 3% – in the fiat currencies).
The Yodse token and its meaning
The token of Yodse is released within the Ethereum platform, based on the ERC20 standard and represents an ecosystem element without which it won’t be able to fully function. The Yodse users can pay for the services of the platform, pay off with manufacturers and suppliers, provide tokens in a loan, participate in work of an ecosystem by means of entering the improvements into its work and expansions of its functionality. However, the main function of the Yodse token is that it represents the coupon of an advance payment used for fee and for reward payments of the platform. In total 100 000 000 Yodse tokens are released, from which 60 000 000 is presented for sale within ICO.
It is possible to buy a token within the preliminary sale which will last from April 23 to May 6, 2018. The most considerable bonus of 30% from the token price (which is $1) is offered to early tokens buyers on the pre-sale. The token price of $1 will remain throughout the ICO which will pass from May 20 to July 30 in five stages, within each the bonuses on token purchase will also be available, however already in a smaller size. So, at the beginning of ICO the bonus will be 20%, and by the end of ICO – 3%.
It will be possible to buy a token directly from participants of an Yodse ecosystem and also on the largest cryptocurrency exchanges where the token will be added in July or August, 2018. It is possible to take part in ICO and to buy a platform token on the Yodse official website where all information about the project, including Whitepaper, can be found, as well as on all pages of the platform in all popular social networks.
