Kartblock is the provider of underlying blockchain technology to 27avenue.com An eCommerce marketplace operating since 2013 in India and Singapore. 27Avenue has exponentially grown from a single category online store to a multi category online marketplace with a seller base of 3000 merchants and over 100 thousand SKU’s.
E-commerce is the need of today in this global economy.The Kart Block ecosystem is the turning point to the conventional marketing and sales industry where the primary focus was limited to product promotion and ad-revenues.
Kartblock connects people all around the world, trade goods without intermediaries, send and receive funds effortlessly. Kartblock marketplace will allow vendors to sell direct to customers with cryptocurrency.
Through the use of the block chain users retain their data, blockchain technology gives power back to the users. The result is consumer empowerment and unparalleled sales potential for retailers and advertisers
The Business at it’s peak has done a GMV of 1 million USD and global presence with customer base in US, Canada, UK, Europe, Hong Kong, Singapore and Australia. 27Avenue has been a seller of unique line of products exclusively and with a large supplier base in China has added to the advantage. With global operations and cross border payments; a need is arises to create a robust backend solution that can give a wider spectrum of operational excellence. Therefore the solution is a blockchain implementation to create a decentralized eCommerce marketplace, Faster transactions secured by the smart contract and tokenized payments. KartBlock will conduct an ICO to grow 27Avenue at its peak and create a large player in the industry competing with the monopolized and centralized existing eCommerce platforms
Ended on 2018-10-31
Kartblock is the provider of underlying blockchain technology to 27avenue.com An eCommerce marketplace operating since 2013 in India and Singapore.
Ends in 15 days
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