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Cryptocurrency News Articles
Web3Bay’s $1M Presale Signals a Major Shift in Crypto & E-Commerce
Feb 04, 2025 at 09:00 am
Unlike platforms that focus solely on digital assets, Web3Bay integrates blockchain with real-world commerce, allowing sellers to retain more revenue.
Web3Bay, a decentralized e-commerce platform, has achieved a significant milestone with over $1 million raised during its presale. This reflects the growing interest in merging blockchain technology with real-world commerce.
In contrast to platforms that focus exclusively on digital assets, Web3Bay integrates blockchain with e-commerce, offering a practical alternative to traditional marketplaces.
Currently, in Stage 4 of the presale, the 3BAY token is priced at $0.004562625, attracting investors seeking a marketplace that combines blockchain and e-commerce.
This rapid fundraising showcases the growing enthusiasm for Web3Bay's model—a decentralized counterpart to Amazon and eBay that aims to reduce high fees and eliminate intermediaries.
For instance, while traditional e-commerce platforms charge 8% to 45% in transaction fees, Web3Bay enables sellers to retain a larger portion of their revenue.
Moreover, with its community-driven governance, lower costs, and seamless integration of crypto and fiat payments, Web3Bay is positioning itself as a serious competitor in online retail.
In comparison to other blockchain-based marketplaces like OpenSea and Rarible, Web3Bay expands beyond digital assets by integrating physical goods into Web3 commerce.
As adoption grows, its $1M presale milestone signals strong early demand, with investors viewing it as a high-potential project that could reshape e-commerce.
Furthermore, with major brands and retailers exploring blockchain solutions, Web3Bay's momentum suggests it could become a key player in crypto-powered commerce.
As the presale progresses, early adopters are securing their stake in a platform designed to disrupt the $6 trillion e-commerce industry.
Bitcoin: From Concept to Global Dominance
Bitcoin, introduced in 2009 by the anonymous Satoshi Nakamoto, aimed to provide a decentralized alternative to traditional finance, using blockchain to facilitate peer-to-peer transactions without intermediaries.
During its early years, adopters mined Bitcoin at nearly no cost, and in 2010, Laszlo Hanyecz made the first recorded Bitcoin purchase, exchanging 10,000 BTC for two pizzas.
Initially, Bitcoin was valued at fractions of a cent, but it reached $1 in 2011 and $1,000 by 2013. Despite volatility, it surged past $20,000 in 2017 and later hit an all-time high of $69,000 in 2021.
As a result, investors who acquired Bitcoin early saw massive gains—those who bought at $1 have witnessed an increase of over 5,000,000%.
Today, Bitcoin's market cap exceeds $800 billion, with millions of users globally. In addition, institutional adoption and halving events continue to drive its growth, reinforcing its status as the most valuable cryptocurrency.
Ethereum: Smart Contracts and Market Expansion
Ethereum, co-founded by Vitalik Buterin, launched in 2015 with the aim of expanding blockchain utility beyond simple transactions. Unlike Bitcoin, however, Ethereum introduced smart contracts, allowing developers to create decentralized applications (dApps).
To fund its development, Ethereum held an initial coin offering (ICO) in 2014, raising over $18 million, with ETH priced at $0.30 per token. By 2017, Ethereum surged past $1,000, offering early investors returns exceeding 300,000%.
Over time, Ethereum's major upgrades, including the transition to proof-of-stake (The Merge), have improved efficiency and security.
In 2021, ETH reached an all-time high of $4,878, marking a massive increase from its early days. Currently, Ethereum holds a market cap above $350 billion, securing its place as the second-largest cryptocurrency.
Its role in DeFi, NFTs, and enterprise applications has further driven adoption, with billions locked in smart contracts.
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