What is Zilliqa?
Zilliqa is a smart contract platform featuring a sharded architecture that aims to address the scalability limitations seen in some other blockchains. Its sharded design allows concurrent chains to execute transactions in parallel, thereby increasing the overall capacity of the network. In addition to scalability, Zilliqa provides a smart contract layer to support smart contract creation by way of its native programming language, Scilla. The network reaches a consensus on transactions and contract executions through a hybrid Proof-of-Work-BFT mechanism.
How will Zilliqa help CryptoCart?
Integrating Zilliqa into our ecosystem will help CryptoCart tremendously with growth, and exposure to their massive community. Zilliqa has become a powerhouse name over the last year, and as a team are grateful to integrate them into our ecosystem. We are proud to be joining forces, and helping expose the CryptoCart community and token to a fresh and massive audience.
Exposure to additional communities, and volume going through our platforms directly helps fund the CryptoCart Vault. For all not aware of what this is, I will in short break-down. For every purchase made on all platforms, the CryptoCart team get a commission of 1% on all gift cards purchased, and between 1–12% on all purchases made on the CryptoCart Marketplace at no mark-up to the consumer. All commission raised is used to directly purchase $CC of the open market, and move it out of circulation on a randomised basis with all transactions shared, continuously rising the price of the $CC token.
What will CryptoCart offer Zilliqa?
At CryptoCart, it is apparent the utility we can add to absolutely any token or project, which directly benefits all CryptoCart holders. As part of our partnership, CryptoCart will offer Zilliqa the following:
- To accept $ZIL as a payment method across all current, and future stores once automation is live.
- To offer $ZIL a set amount of unique discount vouchers to be used at checkout once our discount system goes live.
- Exposure of Zilliqa and their services to the CrypotCart Community.
What is CryptoCart?
At CryptoCart, our number one goal is to successfully bridge the gap between decentralized finance and e-commerce like never before. CryptoCart is a digital marketplace where consumers can purchase real-world goods & gift cards and checkout through using some of their favourite DeFi cryptocurrencies as a payment method.
On top of allowing an easy checkout process through the CryptoCart marketplace and gift card store, our team also has a vision to offer every product or service that consumers can imagine, whilst also offering several comprehensive rewards packages and options to users holding and using the $CC token as a payment method. More on our token utility, and perks of holding $CC can be found here:
CC Token Utility Update & Future Development Plans
Crypto Cart community, we are back with another big update in regards to increasing the utility within our ecosystem…
Presently, we have built an Amazon affiliate store in the UK which allows users to check out using any cryptocurrency that our platform accepts as a payment method. From here, we are working on expanding to include affiliate stores for Amazon globally, as well as adopting and on-boarding other DeFi tokens as payment methods.
We are also very proud to have built our own Gift Card Store that currently offers over 1700+ gift cards globally, with instant and free delivery, all without requiring the user to KYC or dispose of their cryptocurrency into fiat beforehand.
From here, we plan on building stores to accommodate some of the following markets for consumers:
- CryptoCart Automobiles
- CryptoCart Holidays
- CryptoCart Luxury
- CryptoCart Sport
- CryptoCart Real Estate
- CryptoCart Collab & Merch stores