Keyrpto is an e-commerce platform built on the blockchain. Find out how it works today in our review.
What Is Keyrpto?
Keyrpto is a blockchain-based e-commerce platform where anyone can start their own online store then begin earning a regular crypto income.
The token pre-sale for Keyrpto tokens began in January 2018, with the main ICO scheduled for January 27 to February 27, 2018.
The goal of Keyrpto is to revolutionize e-commerce, allowing any small business to sell products and services with any major cryptocurrencies. It eliminates the high-priced middlemen that typically stand between retailers and their customers. It’s a medium where buyers and sellers can exchange products with all transactions secured by a smart contract.
How Does Keyrpto Blockchain Ecommerce Income Platform Work?
You sign up for Keyrpto, then use the platform’s easy-to-use listing tools to start selling your products.
Then, Keyrpto helps shoppers discover your products and services. Customers buy your products and services, then Keyrpto charges its fees after the deal is complete, with all cryptocurrency transferred directly into your account.
Meanwhile, users shop for products and services on the marketplace, pay in cryptocurrency to the Keyrpto escrow, then receive their delivery. Payment in escrow is released when the delivery is confirmed.
Protection mechanisms are in place for both buyers and sellers, including dispute resolution mechanism.
You can try Keyrpto today here: demo.keyrpto.com/
The company launched its platform prototype online earlier in 2018. Eventually, the company will release apps for Android and iOS.
Right now, Keyrpto functions like an ordinary e-commerce platform. Users can setup a wish list, add items to their shopping cart, and customize account settings, for example.
Meanwhile, buyers can setup their store, view terms and conditions, and fill out their product catalog.
The store also has a “Deal of the Day” section along with a “Great Deals” and a “Highly Recommended” section.
Keyrpto aims to offer benefits to three main participants involved in the platform, including buyers, sellers, and KYT holders.
Overall, Keyrpto emphasizes five main benefits for shoppers on the network, including:
- Quick and easy payments
- Easy price comparison
- 24/7 availability
- Easy-to-use search engine
- Discreet purchases with cryptocurrency
Keyrpto Buyer Benefits
Buyers enjoy a number of unique benefits through the Keyrpto platform. Buyers have protection against all forms of seller fraud, including failed deliveries, deliveries to an incorrect address, lost shipments, delivery of an incorrect item, and delivery of an item that doesn’t meet the seller’s description. Other benefits for buyers include:
- More variety of product and service offerings
- Discreet purchases
- Secure payments with major cryptocurrencies
- Special offers and discounts
Keyrpto Seller Benefits
Sellers, like buyers, have seller protection. Keyrpto’s seller protection policy includes 24/7 transaction monitoring, encrypted transactions from start to finish (to prevent interference or tampering), processing and converting major cryptocurrencies, and thoroughly investigating claims and providing online support every step of the way. Other benefits for sellers include:
- Save on setup and operational costs of operating a store
- Access easy-to-use listing tools
- Reach a global audience
- Start trading with major cryptocurrencies
KYT Holder Benefits
When you first start using Keyrpto, you might just be a KYT holder – not a shopper or merchant. Some of the benefits of being a KYT holder include:
- 50,000 KYT is required to setup a store
- You receive a 50% discount on transaction fees when paying with KYT tokens
- Upgrade your store’s position in Keyrpto’s search rankings by making purchases with KYC
- Enjoy special offers as a KYT token holder
The Keyrpto KYT Token Sale
Keyrpto has its own token called KYT. That token will be freely traded on crypto exchanges. All tokens will be created during the ICO period, with a maximum number of 1 billion KYT tokens.
A total of 510 million tokens are being sold during the token sale (51% of the total supply). The remaining tokens are allocated for operations (10%), marketing (10%), bounties and early investors (5%), advisors (4%), and the team (20%).
You can purchase 1 KYT for $0.01 USD.
The sale has a hard cap of $5.1 million USD and a soft cap of $3 million. The ICO began on January 27 and ends on February 27, 2018.
Who’s Behind Keyrpto?
The concept for Keyrpto was formed in July 2017. By December, the company had released a platform prototype.
A beta release is scheduled for Q2 2018, with the platform launch scheduled for Q4 2018. Mobile apps are expected for early 2019.
Key members of the team include Osama Morad (Founder), a blockchain entrepreneur and senior developer of Ethereum. Other key members of the team include Masaud Faisal (CTO), Mohamed Samir (Digital Marketing Manager), and Ronnel Castro (Infrastructure Lead).
Morad is a UAE-based entrepreneur who founded Keyrpto in April 2017.
Keyrpto is a blockchain-based e-commerce platform created by a UAE-based entrepreneur. The platform seeks to offer a number of products and services through a convenient, blockchain-based marketplace.
To learn more about Keyrpto and how it works, visit online today at Keyrpto.com. The token sale is underway until February 27, 2018.