Ethbay aims to become the eBay marketplace of Ethereum with a 100% anonymous and secure platform where users can buy and sell using Ethereum with a low 1% fee charged to the seller (compared to 10-15%+ that most other marketplaces charge). Holders of the Ethbay token benefit from receiving a proportional share of the 1% transaction fees as well as any other fees collected from the services Ethbay plans to offer. In the future, Ethbay tokens will also be accepted on the platform when making purchases. There are a total of 100 million Ethbay tokens in existence and the ICO price has been set at 1 ETH being equal to 5000 EBY (Ethbay) tokens.The ICO will begin on June 7 at 10:00 AM UTC. More details about Ethbay and the upcoming ICO can be found at www.ethbay.co via /r/icocrypto https://ift.tt/2J3UNXw
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