Thursday, July 5, 2018

Spl.yt Access Token


I have found a new project that is Spl.yt is a blockchain-powered global inventory platform that advances the ecommerce industry towards a more inexpensive and secure online commerce experience for all participants. With its innovative smart contract protocol, Spl.yt applies Web 3.0 capability to ecommerce by putting buyers, sellers, and marketplaces first instead of middlemen services that currently dominate the industry. We expect all users of Spl.yt will save time and money through its automated ecommerce functions that remove costly and wasteful intermediaries and applications. Spl.yt Access Token (“SAT”) : SATs are intended to secure the integrity of the Spl.yt ecosystem by serving four primary functions: 1. Access to buy and sell inventory on the global inventory blockchain 2. Disincentivize disingenuous behavior, including spamming the network, defrauding other ecosystem members, or failing to engage in real-world behavior that mirrors on-chain agreements; 3. Incentivizing competitors to pool efforts that are redundantly carried out in the legacy system, reducing barriers that cause oligopolistic corporations to thrive in the current ecommerce regime; and 4. Compensating individuals, such as arbitrators and listing validators, who help ensure the integrity of the Spl.yt ecosystem. via /r/icocrypto https://ift.tt/2MS5b1I

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