About Plaza Systems
In an e-commerce marketplace increasingly dominated by a few enormous players, Plaza Systems offers consumers an escape from unnecessarily high prices and big data while providing sellers a blockchain-based commerce (bCommerce) platform from which they can leapfrog their competitors. It’s Total bCommerce™ on the blockchain.
Plaza’s Freedom Lifestyle™ suite of search & payment tools are all connected via users’ multi-crypto PlazaWallets™ to the state-of-the-art MerchantChain™.
The heart of Plaza’s Total bCommerce solution, the MerchantChain is the fastest, most scaleable, and most future-proof commerce-specific blockchain on the planet.
Any seller can build decentralised applications on top of the MerchantChain to leverage its speed and efficiency and to tap its loyal and fast-growing Freedom Lifestyle user base.
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Rated on Feb 13, 2018
Rated on Aug 14, 2018
This is an ecosystem project that provides many different functions to customers. I do not see it as doing too much, but there is a central focus on Plazawallet. Its commercially viable, but the roads is challenging for adoption.
Rated on Apr 7, 2018
Rated on Feb 15, 2018
Provides high level statistics on the trillion dollar retail market, however does not present a clear cut marketing strategy to gain a portion of that market.
Rated on Sep 4, 2018
The market is huge, but the rivalry battle is fierce. I could not find a definite USP. There are too many things to accomplish, and concrete schedules and mechanisms are not revealed as to how to accomplish it.
Rated on Mar 26, 2018
Rated on Apr 12, 2018
Rated on May 29, 2018
I think a product like this is what a lot of people get excited about when they first learn what blockchain is.
Although after reading the whitepaper and the product that's described, I have no reason to believe that this product will developed to even 10% of its explained potential.
Rated on Feb 28, 2019
Nice vision of an ideal shopping experience.
Things seem well thought (low cost for sellers, that will come in the platform, buyback program for buyers, that will come in the platform too).
Doble tokens, with one stable coin (to bring trust and avoid volatility, a must have) and an ERC20 token used for maintaining the system.
The team seems experienced.
But what they pretend to disrupt is huge, and they don’t seem to be aware of that (don’t even sure they name one of their no-crypto competitors).
Big players are already there, more and more integrated into the customer journey (Alibaba, Amazon, Google…): it will be incredibly hard to fight them.
To fight them, they will need a huge amount of money in marketing. But how will they find the money if they maintain fees as light as they pretend to do? They say they will do some co-marketing with the sellers, but it’s another way to increase the fee, and then the competitive advantage will be lost.
I’m not sure the advantage for the buyer will be big enough to make him ask for a prepaid/debit card and change it’s habit, while a lot of buyback programs already exist.
There are a lot of projects to handle (marketplace, buyback, concierge, card…) that will require time and resources. Very hard to handle. The team should put priority… but then all the nice system starts falling, as all is very linked.
50% bonus in private sale is high in my opinion.
My conclusion is that the vision is nice and attractive, but that the challenge is very, very big, too big in my opinion to success.
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PLAZA Presale Bonuses: Week 1 (March 15–22): 50% bonus (reserved tokens only) Week 2 (March 22–29): 30% bonus (reservations expired) Week 3 (March 29-August 15): 25% bonus PLAZA Mainsale Bonuses: Tier 1, Day 1 (Sept 15): 15% bonus (1 ETH = 5,750 PLAZA) Tier 2 (Sep 16–Sept 23): 10% bonus (1 ETH = 5,500 PLAZA) Tier 3 (Sept 23–Sept 30): 5% bonus (1 ETH = 5,250 PLAZA) Tier 4 (Sept 30-Oct27): no bonus (1 ETH = 5,000 PLAZA)
PlazaMarket and PlazaCard integrated concept created.
Plaza Concierge concept created. Founders started discussing with other experts to validate demand for concepts.
White paper produced and validated. Prototypes developed to refine product offerings.
Plaza to conduct an ICO.
Develop Plaza platform. Issue PlazaCards. Plaza Concierge production. MerchantChain beta testing.
Platform beta testing. Ship Plaza Concierge. MerchantChain launch.
Geographical expansion and growing the platform and MerchantChain protocol.