Leading marketplace to buy and sell products with Cryptocurrency, BitStash, announces the launch of initial coin offering for the STASH token
BitStash is “the #1 Marketplace to Buy and Sell products with Bitcoin and Cryptocurrency,” allowing people to actually transact using Bitcoin and other top digital currencies like Ethereum and Ripple. The platform has announced the launch of the initial coin offering for the sale of its STASH token, which will subsequently allow holders of the token to buy and sell products on the platform.
The concept of cryptocurrency or digital currency as it is also called has grown in popularity and acceptance in recent times, with businesses and even individuals recognizing the amazing features and benefits of the concept. The likes of Ethereum, Bitcoin, and even Ripple have consequently become accepted across the globe, with businesses, especially online businesses, incorporating cryptocurrency as one of the modes of payments for their products and services. However, no platform has actually fully embraced the use of different digital currencies for the sale and purchase of products. This is where BitStash is making a huge difference, allowing sellers and buyers to do their business paying with different digital currencies.
BitStash currently accepts three digital currencies – Bitcoin, Ethereum, and Ripple, with plans to include other cryptocurrencies soon. The marketplace currently has several features and benefits for buyers and sellers. Some of the features include the easy creation of account and registration process for users, an intuitive search engine that allows users to search based on brand, color, and size, as well as an opportunity to easily earn and spend cryptocurrency from users’ wallet within the My Account section.
BitStash features different categories of products such as automotive, electronics, entertainment, clothing and accessories, video games, foods and grocery, health and beauty. The comprehensiveness of the platform has further reiterated the position of BitStash as one of the leading online malls.
The recent launch of the STASH initial coin offering is basically taking online shopping to a whole new level. With plans are underway to include Litecoin, Monero, as well as STASH, the ICO is coming at the best possible time.
The ICO for STASH token will make the ERC20 utility token available to users across the globe and can be used for market-place transactions, exchanges, paying for fees, and paying for advertising. The name of the token was chosen in anticipation of BitStash being the number one marketplace and exchange for cryptocurrency and merchandise, subsequently allowing merchants and consumers to STASH their tokens or use them for transacting on the platform.
The token will be used for several reasons including payment for advertisements on the BitStash Marketplace as well as completing transactions on other platforms. Holders of STASH will also enjoy returns as BitStash will be airdropping 10% of all marketplace fees to holders of the token at the end of each quarter.
A total of 36,000,000,000 STASH will be supplied, with 66% allocated during the crowdsale, which is scheduled to commence in July 2018. The raised funds will be used for strategic advertising campaigns and for getting listed on major exchanges such Binance, Bitfinex, OKEx, and Huobi amongst others.
BitStash also plans to undergo further developments and continue to add new features to make the platform surpass competitors in the cryptocurrency space.
More information about BitStash and the token sale can be found on the website and whitepaper. BitStash is also available on several social media platforms including Facebook, YouTube, Telegram, Twitter (https://twitter.com/bitstashco), LinkedIn (https://www.linkedin.com/company/bitstash), and Instagram (https://www.instagram.com/bitstash.co/).