The final piece of the puzzle reveals the big picture.

ZoidShop is the intersection where all of our tech developments mix and create a unique product: A decentralized marketplace with its own reward-based advertising solution, and a proprietary crypto payment network.

All of our solutions are designed to maximize efficiency for all parties involved:

Zoid Advertising Engine: Is a reward-based communication model designed to offer the sellers an insight into their buyer’s needs, while the buyers will have access to discounted items and services, provided by the sellers. Simply put, sellers reduce their costs by targeting their audience based on very accurate data, as it is directly provided by the buyers (who, in return, are rewarded for that).

They also reduce their costs even further by creating and managing the ads themselves, as the platform is designed to be user-friendly.

The reduced costs, which are obtained by using our platform, will allow the sellers to provide more discounts, as well as offering better products and services at lower prices.

We manage to maintain the level of discounts by offering our Sellers the equivalent of the amount discounted as advertising credits that they can further use to reach a larger audience and create more tasks for the Buyers.

ZoidShop is the origin of the products and services advertised on the platform.

Zoid Protocols: We have 2 protocols developed — Privacy and Payment.

Privacy Protocol — we have developed a unique way of assuring our users’ privacy and data security, allowing them to be fully in control of their personal information.

The way we do this is by creating a token for each user that onboards the platform. (Buyers and Sellers)

The newly created token is governed by smart contracts that manage the user input data and structure it into specific clusters. These clusters are automatically created and managed by the smart contracts that govern the whole Zoid Core.

Payment Protocol — we structure transactions in our platform based on their characteristics (buying a product, purchasing a service, launching an ad, etc.) and use a gossip protocol to define new traits for different actions. By having stacks of transactions that share the same traits we are able to mass validate them as a block.

ZoidPay: A full-service payment platform with the first crypto contactless card. It’s fully integrated with the Zoid Ecosystem. ZoidPay is a standalone payment method that can also be used outside our marketplace. The low fees associated with crypto payments will help sellers cut their costs even more.

The best thing about ZoidPay is the fact that it’s a plug-and-play payment solution that offers complete access to the whole Zoid Ecosystem. Third party companies that need the technology infrastructure for their business model can build their solution on top of Zoidcoin, and also create white label cards for their community.

You can read more about it in our previous article.

ZoidPay has three components:

ZoidPay Wallet: This is the heart of our ecosystem. Merchants can onboard the ZoidShop and have a fully integrated solution where they can sell products/services, target their custom audience based on specific requests made by the buyers, launch tasks, and access a full accounting dashboard.

On the buyer’s side, things are mirrored: they can store their tokens, spend them in the ZoidShop, and make peer to peer crypto transactions with the ZoidPay card.

The wallet app allows the device to act as a POS.

ZoidPay Card: Contactless card with a smart chip that is paired with the wallet mobile app through NFC. In the initial stages it supports ETH and Zoidcoin Tokens. Other ERC-20 tokens can apply in order to have a liquidity solution for their users, especially if they have a 2-sided business. After the application has been successfully submitted and the due diligence process has been completed, we will call a vote among our merchants to have the token validated as a payment token in our network.

ZoidPay Merchant Terminal — it acts as a POS for merchants (especially big retail chains) and will be introduced later in the development roadmap. The standard offering is that any ZoidPay wallet can also act as a POS. This will especially help with the adoption process in the beginning, since merchants can accept ZoidPay without increasing their costs.

For the ZoidShop marketplace, our team has developed many layers that combine our advertising engine and protocols, but we needed a solid core like Origin Protocol, where we can integrate our functionalities, as well as future developments.

The ZoidPay cards are already being delivered worldwide.

If you want to learn more about Zoidcoin, ZoidPay or ZoidShop, make sure to follow us on our social channels below. If you’re really curious and want a quick reply from our core team members, head down to our Telegram channel and just ask!