Translate the page
Feel free to ask any questions, leave your comments, wishes and suggestions regarding the Google Translation at our Telegram Chat.
Like this video

Qilin.Market

Protocol for decentralized E-commerce

With "Qilin.Market" you can shop on-line using digital assets to pay for purchases of real products delivered to your door. Transferring funds to smart contract operating as immutable escrow on a distributed ledger guarantee 100% money back and quality of the product. Accept Bitcoin and Ethereum directly to your wallet to boost sales with 5 800 000 cryptocurrency wallet owners. Anyone can open his own on-line shop in a day just by making a clone of Git repo and start earning Qilin Tokens for selling products acting as marketing partner in classic CPA model.

2.6
1 0 expert ratings
Benchy 2.6
Experts
-
-
-
View rating distribution
Ended
Token
QILIN
Price in ICO
0.3600 USD
ICO start
12th Dec 2017
ICO end
12th Feb 2018
More on ICO
Report

About Qilin.Market

Utilizing smart contracts for exchanging goods with digital assets, “Qilin.Market” creates secure escrow for both parties, assuring money–back guarantee for buyer and secure funds transfer for seller.

Buyer transfers payment on smart contract that holds funds till the product is delivered. Distributed ledger ensures no one* can take funds before independent delivery service will confirm the purchase through external oracle. If the product is of the good quality and is accepted by Buyer, Seller receives money and Delivery service has its profit.

Transactions take place directly between the buyer and seller, and there are no middlemen to put additional holds on funds. That disrupts traditional e-commerce model making a direct connection from end-to-end in the global supply chain.

In classic e-commerce model, there is a party that wants to sell a product (the “Seller”), customer that wants buy the product (the “Buyer”) and “Delivery Service” that ships the product from Seller to Buyer.

Delivery Service’s role is extremely important as it is the sole independent party that can assure that product is accepted by customer receiving his signature on the paper and reporting result through oracle to blockchain.

“Qilin.Market” enriches this model with concept of Merchant’s on-lone shops — an independent marketing partner with website that helps Seller find a Buyer. Seller can name any reward for the Merchant to sell the product.

There is a system of Deal Deposit to cover product return costs if Seller sent product of a bad quality and Delivery Deposit to assure Delivery Service will manage to ship the product. These deposits are returned when smart contract is finished.

“Qilin.Market” model implements Shop rewards, Deal and Delivery Deposits to be made in Qilin Tokens (Qt.) that is an independent digital asset to maintain settlements between market participants within distributed network.

Associated agencies

ICO Producer's logo
ICO Producer

ICO launch services

Bookmark
ICO KYC Report
Not conducted yet
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

ICOs that might interest you

XAYA

XAYA is a platform where games can run serverless and unstoppable on the blockchain wit...

17 days 0 hours left

qiibee

We help brands run their loyalty programs on the blockchain.

28 days 2 hours left

ICOVO

ICOVO is the world’s first and only ICO platform that can actualize healthy ICOs. The...

13 days 2 hours left

Cloudbric

We are a trusted enterprise level security vendor with various awards & thousands of us...

Starts in 8 days 9 hours
Join our Official ICObench group on Telegram Official ICObench Telegram group

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it