Many e-commerce services are already using blockchain technology in their business. This is only another proof that blockchain is the future. If you are looking to invest in one of these companies, you have to come to the right blog. Today we will review FLOGmall.
What is FLOGmall?
FLOGmall is an international e-commerce company that uses blockchain technology. It was created for worldwide use and to enable people to offer and buy goods from all over the world. The company has support for something that is called “LiveStores”. The stores that use this format have videos of their goods and services.
The company believes that it is important to use videos. Videos can be used to present the store and the goods that the users will be able to buy (even one video per product is an option if the seller wants to). Photos are just not enough in 2018. Also, the sellers may use the videos to message their audiences and engage them more this way.
Sellers in FLOGmall also have space for using video blogging for reporting important news, events and promotions to its customers and to make auctions of products using videos. Finally, they will also be able to use video ads to sell their goods on the platform without people actually needing to go directly to their pages.
The company also has other features like exhibiting the price of the products in various cryptocurrencies that you can use to buy them.
How Does FLOGmall Work?
FLOGmall is planning to expand its business by adding the use of its own cryptocurrency technology to its products. You already do not need to use fiat currency to buy products from this company, but in the future, you will not even need to use other cryptocurrencies like Bitcoin (which is notoriously volatile).
Why is this important? Because there are many fiat currencies over the world and many of them are not very stable. The tokens of this company, on the other hand, can be more controlled by this market and, therefore, they will be easier to use. Also, this new token will not have inflation because it will be more limited in number than normal fiat currency.
Fiat currencies can be emitted by central banks at any time that they want and this generates inflation. Cryptocurrencies, on the other hand, tend to suffer deflation as there are not many tokens available and this number will never grow.
All the transactions will be very secure, so there is no way that you will be scammed when buying in FLOGmall.
How to Invest in FLOGmall MLC?
If you have any interest in investing in FLOGmall right now, your best option would be to wait until the next phase of the Initial Coin Offering (ICO). The private sale was already completed, but pre-ICO is coming up soon on February 22 and it last until March 8. The main ICO is planned for the second quarter of 2018.
The price per token is 1 ETH for 3000 MLC (but remember that you can use the bonuses). By registering before the beginning of the pre-ICO, you will have a 3% bonus on your token purchase.
The FLOGmall MLC Coin Verdict
Is this a good investment for you? It can certainly be. FLOGmall is a very interesting company and it might offer an interesting token for you. It does not really matter so much if you are interested because you want to buy goods in this company or if you want to sell the tokens later for some profit.
It is a good point that this company already exists and it is already successful. This is not a start-up that might end up investing badly and losing its investment, it is a full company which a certain degree of success in the market, which makes for a more secure investment for you.
If you liked this company, invest in FLOGmall. This cryptocurrency online store can certainly be a good investment for you.