Buying.com (BUY)

Buying.com (BUY) is a blockchain-based project that aims to deliver frictionless transactions and transparency to e-commerce. Founded by Daniel Friend and Michael Cranford, Buying.com is a peer-to-peer blockchain platform that operates on a buyback model. What makes Buying.com unique is its decentralized marketplace. Buyers get to buy directly from sellers, eliminating third-party interference, and therefore significantly reducing costs for both parties. It is also building a platform for direct, one-on-one transactions between buyers and sellers. The projects claims that its decentralized technology can store more information about a product than any other e-commerce platform, enabling a complete overview of what the customer is buying. In addition, it is expected that the platform will provide customers with a secure method of payment. Buying.com tokens will be used as a payment method on the platform. Customers will be able to purchase products using BUY tokens by having them automatically exchanged for the currencies in which the product is is priced. Furthermore, customers will be able to receive discounts and loyalty points, using their BUY tokens. The Buying.com tokens will initially be available on several exchanges, including Bittrex, Bittight and Binance. In addition, the tokens are currently listed on CoinMarketCap, CoinGecko and Coinaholic. Buying.com is a revolutionary concept that has the potential to revolutionize the e-commerce industry. If successful, it could drastically reduce costs for both buyers and sellers, as well as ensure greater transparency in the process. It remains to be seen how Buying.com will be received by the market, but it certainly has the potential to be a game changer.