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Storex Marketplace

Coming 2020

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The 150,000 STRX airdrop is now live!

About Storex

Storex is changing the way e-commerce works by combining the multi-trillion dollar industry with blockchain technology. This will allow users to buy and sell products for cryptocurrency anywhere in the world. The marketplace can support millions of merchants and millions of listings. Storex does not charge its users for creating listings on the platform, which enables anyone to benefit from blockchain technology.

What Is STRX

Storex Logo

Storex (STRX) is the native currency for the marketplace which uses the ERC20 Ethereum token standard. STRX can be used to purchase goods and services on the marketplace. Every listing will accept STRX alongside other supported payment methods. This allows the token to be freely traded on exchanges and used within the marketplace. There will only be a maximum of 2,000,000 STRX in circulation.

Storex Features

  • Blockchain Technology


    Every transaction and listing is stored on the blockchain and benefits from the security of the Ethereum blockchain
  • Reliable and Secure


    Blockchain never goes offline allowing for maximum uptime while also preventing listing tampering and account compromisation.
  • Scalability


    The marketplace will dynamically support millions of merchants and millions of listings.
  • No Insertion Fees


    Storex will never charge its users for creating listings on the marketplace which will widen accessibility.
  • Low Processing Fees


    Every sale on the marketplace will only be charged a 1% processing fee resulting in greater profit margins for merchants.
  • Feedback System


    Merchants can accumulate feedback ratings which are stored on the blockchain and can be transferred to other compatible platforms.
  • Cash-back Rewards


    Every purchase on the marketplace made with STRX will be eligible for 3% cashback until the promotion expires.
  • Transaction Protection


    Every transaction is protected by blockchain technology which uses a secure escrow system to release funds.

Roadmap

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Genesis project founded

October 2017

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Marketplace development begins

August 2018

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Token swap announced

September 2018

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Genesis project rebrand announced

June 2019

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Genesis project rebrands into Storex

July 2019

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Storex token (STRX) is created

August 2019

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GEN-STRX token swap

August 2019

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STRX airdrop begins

December 2019

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STRX airdrop distribution

April 2020

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Marketplace stable version released

2020

Cash-back Rewards

Every purchase made using the Storex token (STRX) will receive 3% cash-back on the value of the transaction. For example, a product purchased for 100 STRX will only cost the buyer 97 STRX (3% cash-back). This promotion will be valid until the pre-allocated funds of 100,000 STRX are depleted.

Advantages of STRX

  • Used to purchase goods and services on the Storex marketplace
  • Used to pay for featured listings
  • Transactions using STRX will have low processing fees
  • Purchases made using STRX will receive 3% cash-back*
  • STRX can be traded on multiple exchanges
  • The demand of STRX will gradually grow due to its limited supply
  • Has a limited supply of 2,000,000 STRX

Comparison

Storex Logo Amazon Ebay

Project

Decentralised
done
clear
clear
Community funded
done
clear
clear
Community driven
done
clear
clear

Sellers

Insertion fee FREE
excluding blockchain fees
$39.99
monthly subscription
$0.50
variable fees
Processing fee 1% 15%
variable fees
15%
including PayPal
Fraud resistant escrow
done
clear
clear
Transferrable reviews
done
clear
clear

Buyers

Fraud resistant escrow
done
clear
clear
Cryptocurrency payments
done
clear
clear
Cash-back scheme
done
clear
clear
Purchase services
done
clear
clear

Project

Decentralised

Storex
done
Amazon
clear
eBay
clear

Community funded

Storex
done
Amazon
clear
eBay
clear

Community guided

Storex
done
Amazon
clear
eBay
clear

Sellers

Insertion fee

Storex

FREE excluding blockchain fees

Amazon

$39.99 monthly subscription

eBay

$0.50 variable fees

Processing fee

Storex

1%

Amazon

15% variable fees

eBay

15% including PayPal

Fraud resistant escrow

Storex
done
Amazon
clear
eBay
clear

Transferrable reviews

Storex
done
Amazon
clear
eBay
clear

Buyers

Fraud resistant escrow

Storex
done
Amazon
clear
eBay
clear

Cryptocurrency payments

Storex
done
Amazon
clear
eBay
clear

Cash-back scheme

Storex
done
Amazon
clear
eBay
clear

Purchase services

Storex
done
Amazon
clear
eBay
clear

Progress

Token Swap
Token Swap
100%
Marketplace
Marketplace
90%
Airdrop
Airdrop
100%
  • token.store

    Complete
  • Bitcratic

    Complete
  • EtherFlyer

    Coming Soon

Frequently Asked Questions

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    What is the Storex marketplace?

    Storex is a decentralised marketplace that allows users to buy and sell products for cryptocurrencies anywhere in the world.

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    What does decentralised mean?

    A decentralised marketplace means that control over the listings and transactions is transferred away from the company and towards the users.

  • add_circle

    What can STRX be used for?

    Storex tokens (STRX) can be used to buy and sell products or services on the marketplace, promote user listings, trade on exchange websites and reward purchases with up to 3% cashback.

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    How many STRX tokens will there be?

    There will be a total maximum supply of 2,000,000 STRX.

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    What other payment methods will be supported on the marketplace?

    The marketplace currently supports STRX, ETH and ERC20 tokens. There are plans to incorporate BTC, BCH and LTC.

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    How are transactions protected from fraudulent activity?

    By utilising Ethereum's smart contracts we are able to protect both buyers and sellers from fraudulent activity. This is achieved by using an escrow for each transaction. The funds will not be released to the seller until the buyer has received the goods and is satisfied with the transaction. If a dispute arises, the community will have the opportunity to arbitrate over the transaction and release the funds through consensus.

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    How are disputes resolved on the marketplace?

    If a buyer is not satisfied with a transaction, they can dispute it in the Resolution Centre. This will allow both parties to provide relevant evidence concerning the transaction. The community will be able to arbitrate over the dispute and release the funds through a majority decision.

    The 1% processing fee is normally transferred to the platform to support maintenance and development costs. In the event of a dispute, the fee will instead be distributed amongst the majority voters.

    A user's vote will be weighted against the accuracy of their voting history. For example, if 90% of a user's voting history has been accurate and in consensus with the majority of other voters, their future vote will have 90% of its weight. This applies to all marketplace users.

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    What exchanges will STRX be listed on?

    The Storex token (STRX) is currently listed on token.store. There are plans to integrate STRX into IDEX and DDEX.

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    What will attract users to the marketplace?

    Storex prides itself with having no insertion fees and low processing fees. This is very important to us as we believe other marketplaces unnecessarily impose high fees on sellers, which can drastically reduce profit margins and drive sellers away from their platforms.

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Token Information

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Choose your wallet

Instructions

To make STRX tokens visible in your compatible wallet, you must configure it as a token. This can be achieved by navigating to the 'Add Token' section and entering these details.

  1. Open MetaMask and ensure that the 'Main Ethereum Network' is selected at the top.
  2. Click on the 'Tokens' tab.
  3. Click 'Add Token'.
  4. Enter the 'Contract address' from the right-hand side.
  5. Click 'Add' once the 'Token Symbol' and 'Decimals of Precision' fields have autofilled.

Contract address

0x12c8B0914e6DEE22C7557a0A8B928AE6CaCFbCf7
  • Token Symbol: STRX
  • Decimals of Precision: 18
  • Total Supply: 2,000,000