OfferZone

OFFERZONE

Offerzone is a decentralized peer to peer (P2P) bidding platform dedicated to increasing sales and revenue of business and also enhances the quality of consumers shopping experience

PROS:

1. The platform through pure P2P  marketplace increases the sales  as it creates a huge demand for the products available which projects to greater profits
2. The platform provides adequate data security  through the use of data encryption and smart contracts technologies  to enable consumers  to own, manage and benefit from their own data so as to realize the success of the sellers, consumers  and brand owners
3. The platform use bears a greater transparency as all the transactions  are recorded  and registered  readily in smart contracts  and can be easily traced
4. The use of the platform reduces the cost involved in the business community  by eliminating the need for middlemen as the OFZ token enables the users to make higher with less cost
5. The platform promotes easy interactions as the consumers can directly link up with the product producers and sellers hence enhancing the trust between them
6. The platform has a good team  on board consisting of industry experts with a proven record in finance, development  and marketing led  by the CEO Marco Alvarez to enable the easy implementation of e-commerce with blockchain technology
7. The platform whitepaper is readily available with understandable information on the application of the OFZ tokens in enabling the users to easily get their desired products

CONS:

1. The platform involved teams and roadmap guiding the project implementation is not indicated in the whitepaper
2. The OFZ tokens are not easily exchangeable with other cryptocurrencies and fiat limiting the ease of purchase across the globe
3. The platform OFZ tokens doesn’t permit the holders to take part in the project decision process and guarantee of voting rights

SUGGESTIONS:

1. The platform technical team should create a more inclusive whitepaper bearing the people involved and a projected roadmap to guide the implementation process
2. The  OFZ tokens  should be made easily exchangeable with the most commonly used cryptocurrencies and fiat to enable the users to make purchases in their favourite currency

NOTE:

Offerzone promotes an increased sales and profit of online business as it easily connects different people to get different goods and service.This makes the project viable and I would highly invest in it as its applicable in all sectors

I am supportive of this idea in terms of commercialisation. It is a good opportunity in the market to deploy such as solution. However, the team needs to KYC and beef up with more people in ecommerce/retail space.