DYNATIQ - decentralized Blockchain Based Marketplace

Introduction

E-Commerce has taken the world by stride and with the growing demands this is one such platform which has shown an emergency growth potential. In this era of internet where everything is connected to internet, gone are the days when internet was only used for email and messaging service. Now, we do tons of activities and one of them is online sale/purchase. Yes you heard me right, there are many users who sell and purchase things online everyday.

We all know how e-commerce has become an integral part of our lives. We rely on it for fulfilling almost all of our needs. Dynatiq is one such service that will bridge the gap between buyer and seller whereby allowing you to sell your online business(including domain, websites and codes) using their decentralized service with 0% fee. Isn’t that amazing? Well to me it is because now I need not have to worry about the centralized solutions that either do not offer what I need or cannot be trusted in some way shape or form.

Problems Of Marketplace

The centralized control of a business, website or domain marketplace means authority and the
ability to make decisions is being concentrated in the hands of a certain set of leaders. Even
though this approach comes with certain benefits, especially considering the consistency and
expertise involved. There are some problems that also affect domain centralization.

Dynatiq Solution

Dynatiq states that entire transaction will be conducted under close supervision with the aid of blockchain technology. With an Escrow in place one need not have to worry about frauds as this is what makes sure that buyers and sellers are equally protected. Dynatiq will never store a users data on a centralized marketplace, with an aim to protect data with the transparent and secure technology that is blockchain. This escrow will provide various advantages to people who transact with it. Regardless if it is a website or domain sale, the use of escrow on the blockchain based marketplace will ensure that all buyers and sellers are equally protected thereby giving them an opportunity to settle their disputes with utmost concern.

Users are familiar with buying things online you must have come across a typical online review. An aggregate star rating for your website or domain marketplace will help the upli!ment of a business. Even though customer reviews range in thoroughness and comprehensibility, they can have an adverse effect on audience attraction

The staking process will enable the general public to acquire tokens, especially during the crowdfunding stage. A certain percentage of the generated funds will be channeled to operations pool in order to provide merchants with the amounts of tokens that will be paid out as rewards to customers. The idea of selling these tokens to merchants will be solely dependent on the situation. Whenever customers make purchases at participating merchants, the tokens will end up in the hands of customers. The customers will make the decisions on whether to trade it or redeem it. The token can be properly used after the successful launching of the platform.

As per their white paper, some of the benefits using Dynatiq are:

• It’s an automated blockchain technology which reduces errors and eliminates repetitive confirmation steps.
• Everything is stored on electronic ledgers are very cheap to maintain as compared to the traditional accounting systems.
• There are minimal capitals that are held at risk of pending transaction thereby reducing processing delay.

Soon they will get started with their ICO and the details are as follows-

ICO Details:

• Name: Dynatiq
• Ticker: DTQ
• Total supply: 11,000,000 DTQ
• Tokens for sale: 10,000,000 DTQ
• Currencies accepted: BTC, ETH
• Token standard: ERC20
• ICO start: 25 April 2018
• ICO end: 9 June 2018
• 1 ETH = 2000 DTQ
• 50% BONUS: 25 April 2018–9 May 2018
• 25% BONUS: 10 May 2018–17 May 201
• 10% BONUS: 18 May 2018–25 May 2018

Token Distribution:

• 90% -- ICO
• 5%   -- Team
• 5%   -- Bounty Program

Allocation Of Funds:

• 50% - Development
• 25% - Marketing
• 25% - Legal and Regulation

Conclusion
Dynatiq, as well as many blockchain based platforms, helps to smoothen the experience in the
buying and selling of goods and services like websites and domain name with the aid of
cryptocurrency. This platform helps customers to earn a high ROI in a reliable and safe manner
thereby improving customers loyalty. The unique thing about our platform is the decentralized
tokens and it favors peer to peer transfer.
The company aims to expand and become globally recognized and to be built on a
sophisticated technology that will ensure better transaction, customer loyalty, quality security,
and minimal fees.

Thank you for reading this article and I hope you find the information you've been looking for here.

For more information, Please visit the link below:

Website : https://dynatiq.com/
Whitepaper : https://dynatiq.com/whitepaper.pdf
Facebook: https://www.facebook.com/Dynatiq-346748242496542
Twitter: https://twitter.com/dynatiq
Author by: roti atos
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1409779