Blockchain, is the buzzword behind the popular Bitcoin and Ethereum cryptocurrencies. While majority erroneously substitute blockchain and crypto as though they were synonymous, this is due to the focus on speculation. With increase in real world use cases of this innovative distributed ledger technology (DLT), the e-commerce industry is not left out. After all, it’s an industry closely tied with finance, the first use case of blockchain.

One major reason for the rapid rise of ecommerce, is its offer of ease and convenience in shopping for anything, from clothes to drugs. Ecommerce evolution is one that involves a coalition between different independent segments (or fragments if you will) like payments, logistics, packaging, authentication, and so on. Several blockchain startups have attempted to bring the ecommerce platform on the blockchain, but have only succeeded in onboarding just some segments of the whole.

How convenient, time and resources saving, would it be to have all segments of ecommerce, under one umbrella, on the blockchain? NOBAR, an Estonia based blockchain startup is set to be your one-stop shop to all things ecommerce on the blockchain.

Why Choose NOBAR?

NOBAR is a full-scale solution that merges all the fragmented ecommerce marketplace. The platform will give users access to a wide range of commercials activities from B2B, B2C, C2C and C2B transactions, including POS, ads, jobs and so much more on one platform.

This will be done through two main robust platforms: Crypto Commerce and Shop-App. These two products are expected “to provide a holistic solution to the purchasing problem with cryptocurrency and crypto token.”

Holders of NBR will have purchasing power to perform any commercial activity on the platform. These real world applications will fuel sustainable growth in all sectors. It’s two decimal currency makes calculations easier, unlike the long decimals of most other cryptos.

Born in a country putting in concentrated effort into digitization of everything including international trade and commerce, NOBAR is also regulation compliant. Special efforts are made to ensure the authenticity of all users on the platform, thereby preventing any fraudulent practices.

NOBAR’s CEO is the versatile Joyjit Bhowmick, an industrial and production engineering graduate, who’s got years of experience in supply chain management. He is bringing his hands on experience, in collaboration with the supporting skills and experience of other members of the team.

NOBAR ICO Details

With its token symbol as NBR, token sale is to start on July, 2018, at the rate of $0.01 per token. A standard ERC-20 token, token supply is finite at a total of 4 billion, while token sale is to run for two months. One can purchase the tokens with either Bitcoin, Ethereum, Bitcoin Cash or LiteCoin.

There is a softcap of $2 million, an advanced cap of $7 million, a super advanced cap of $12 million and an hard cap of $20 million. Fifty percent of funds raised from ICO are to be deployed on product development. With an amazing team behind NOBAR, excellent results can be expected.