Allforcrypto (AFCT) - A blockchain-based platform for the sale of goods and services with its own utility token for funding operations.
WHY BUYING AND SELLING ONLINE DOESN’T WORK
Any discussion of P2P online buying and selling starts with eBay. Founded
in 1995, at the very birth period of ecommerce, eBay has experienced most
of the wins and losses in used products, C2C listings and auctions selling.
Without getting into specifics, eBay has never been the “perfect store” that
its advocates claimed it to be, despite its $11 billion in annual sales.1 eBay
has always suffered from:
1- Growth – bringing in new buyers and sellers;
2- Payments – years of ups and downs with PayPal, finally replaced by
Adyen in 2018’
3- Purchase and payment security – Endless tales of getting ripped off on
eBay, or issues with PayPal payments.
These same issues have dogged all P2P online ecommerce from the
beginning – until Allforcrypto resolved them!
It took eBay many years to build up the 150 million or so buyers and sellers
it has registered on the site. Getting more is proving problematic, and not just
because competition from Amazon is stiff.
There isn’t enough convenience in buying and selling on eBay. It’s
expensive: Fees are high while margins are squeezed.
Then there is the payments issue, which is still unresolved, although the new
payments provider Adyen may make a difference. Each seller on eBay
determines his/her own payments policies – some take Visa, some don’t.
Some take no credit cards, some take all, but no PayPal. Some take only
PayPal. Want to buy something on eBay? Maybe you can, but maybe you
can’t because you don’t have the right credit card.
As for payment security, it’s a hopeless problem. PayPal guarantees are a
nightmare for the seller, as PayPal simply does an “arbitration” that invariably
gives the buyer the money back. But the buyer can’t be sure of getting the
purchase as desired until it arrives, after which returns are problematic. This
writer bought a PC on eBay, and one month later it stopped working. Turned
out all the components were the cheapest available, and not the good quality
ones that had been promised. PayPal, asked to take action, simply refused
to support the buyer protection it advertises. You can find thousands of
unhappy buyers ripped off on eBay, and this is another good reason why
growth has slowed
But the market for this kind of P2P selling is growing: The UK-based Preloved
site, for example, is seeing double-digit growth every year.2 Preloved is very
low-tech, but demand for cheaper goods and services is high, and there is a
new trend called ‘upcycling’ in which used goods are reworked in a new way
to give them more value, that is also driving sales.
It’s clear that there is untapped demand in the P2P market for goods and
services. A platform that makes the P2P experience seamless – Allforcrypto
– is certain to take up a great deal of this demand.
ADDING CRYPTO TO THE MIX
As Rachel Jacobs, head of content and partnerships at Pixc, points out,3
online purchasing is growing at a super-rapid pace, and cryptocurrencies are
more popular than ever with online retailers. Amazon, Microsoft, Etsy,
Shopify, and Stripe all support Bitcoin.
Jacobs thinks they will be a game changer in 2018, which she puts down to
benefits such as advanced transactional security and virtually zero risk of
However, the ecommerce industry has been treading more carefully when it
comes to Blockchain, the peer-to-peer encryption technology underlying
Rachel believes that Blockchain, which manages transactions and
currencies without the interference of central authorities such as banks, has
the potential to revolutionize the entire ecommerce industry and will be used
for tasks such as order fulfilment, security, and instant order tracking in the
Transactions on the blockchain are:
1- Decentralized and automated with smart contracts, and so secure from
human intervention, as well as cheaper to run than centralized systems
microtransactions are tracked easily in large volumes.
2- Secure from hacking through the distribution of nodes over many
computers, and the use of Proof-of-Work
3- Securely recorded in the blockchain ledger
Adding crypto to the mix solves a vast range of issues that eBay is still
ALLFORCRYPTO STRATEGIC APPROACH
USE OF PKI AND BLOCKCHAIN
Allforcrypto brings a blockchain-based solution to the issues that arise in P2P
buying and selling goods and services online.
Allforcrypto аllоwѕ users tо buу аnd ѕеll items for bitcoin and аltсоinѕ, perfect
mоnеу, аnd wеbmоnеу. Our vеrу оwn escrow service аnd the indереndеnt
coinpayments escrow, whiсh uѕеrѕ саn uѕе аlѕо if thеу wish, assures the
security of payments and merchandise or service quality.
As Allfоrсrурtо iѕ a mainly a сrурtосurrеnсу mаrkеtрlасе, it makes use of the
available protections that these systems of payment afford. Payments in
bitcoin, litecoin or any other altcoin are safe from fraud thanks to the
blockchain ledger. Wе do not accept аnу оthеr forms of payments ѕuсh аѕ
bаnk transfers and credit саrdѕ due tо thе сhаnсе оf frаud bу thе рurсhаѕеr.
In this wау, the seller is juѕt as рrоtесtеd аѕ thе buуеr which iѕ nоt thе case
оn ѕuсh sites аѕ еBау.
The payment is placed into escrow, and the merchandise is shipped out (or
the service is provided). Funds stay in the escrow for up to 30 days. If the
good or service is not what was ordered, it is returned and a refund is made
from escrow (or the service is provided anew according to the terms agreed
Sеllеrѕ аrе allowed tо reply tо rеfund requests within 96 hours. If the seller’s
reply shows that no refund is due, the escrow is paid out. Sellers cannot аѕk
buyers tо рау оutѕidе of Allforcrypto, as they have no access to the seller’s
ADVANTAGES OF ALLFORCRYPTO APPROACH – REVENUE
The advantage of the Allforcrypto approach over a platform like eBay should
be clear. Allforcrypto makes it easy for buyers to find the merchandise they
seek, make payments securely and without danger of fraud, and protects
purchases in a much more effective way.
The result will be that, once Allforcrypto is up and running, it will take market
share from all the existing P2P platforms. As the market is has a value
between $11 billion and $20 billion including all major players, there is
considerable revenue that Allforcrypto can tap into.
The Allforcrypto revenue model is commission based. The platform will take
a 5% commission on each transaction, although discounts for both buyers
and sellers plus bonuses will be made available for incentivization, using the
All major forms of crypto will be accepted plus the allforcrypto token . Buyers
and sellers can hold the tokens, trade them on exchanges, or use them on
Token sales will be driven by the possibility of using them in purchases.
Token value on the platform will not decrease, so holders so token holders
may be assured of the value of the token.
What is Allforcrypto token?
AFCT is a token based on Waves blockchain technology. It is the core asset of the new Allforcrypto Marketplace.
Most transactions are almost real-time (up to 1,000 transactions/second) with low cost and no blockchain download necessary.
Buyers can use their tokens to purchase items listed on the website. Discounts and bonuses will be made to incentivize users, using the token. Sellers can get reduced fees using the tokens and also purchase special promotions for their items – for example, highlighting the item on the site, or promoting it via our twitter/Facebook pages, etc.
The token value of the platform will not decrease unless some extreme event happens in the market (please refer to frequently asked questions), so token holders may be assured of the value of the token even in the volatile crypto market.
Our token is on the waves platform.Waves have never been hacked and are one of the safest platforms/ wallets in the crypto sphere today. On top of this security, we will develop a secure backup blockchain, independent of waves platform that will backup wallet and token information incase of the highly unlikely event of waves becoming compromised
USE OF PROCEEDS
The fundѕ rесеivеd in Allforcrypto Token ICO will bе аllосаtеd аѕ fоllоwѕ:
50% Marketing and Promotion: Invest in promotion аnd marketing
campaigns to increase рrоjесt’ѕ awareness and tоkеn’ѕ аdорtiоn
among potential users of the platform.
23% Rеѕеrvе fundѕ + exchanges: Prоvidеѕ liԛuiditу for futurе
mоnеtаrу роliсiеѕ and рlаtfоrm funсtiоnаlitiеѕ.To ensure token has a
stable price and to cover the cost of being added to the major
20% Operations: To cover staff wages and hiring and maintain plаtfоrm
5% Website development: To integrate blockchain solutions when they
become available and to continuously upgrade website to the latest
What is allforcrypto?
A cryptocurrency marketplace where you can buy and sell items for crypto.
What coins/payments are accepted?
All of the major cryptos are excepted +no charge-back payment methods
such as paypal and credit card
Can I pay with fiat also?
Webmoney and perfectmoney fiat options will be added in the future .
What items can be sold on allforcrypto?
You can sell any goods and services which are deemed legal to trade.
How does the escrow system work?
We have our very own escrow system.funds are not released to the buyer till
the 30 days are up are that the seller has confirmed they receive goods.
How is the cryptocurrency price calculated?
The payment processor coinpayments calculates the cryptocurrency price.
How long does escrow refund take?
Escrow refunds can range from 48 hours to 30 days
Buyer is not releasing escrow, I need my escrow released.
If you believe the buyer has received the item and you need allforcrypto to
release your escrow, please submit an escrow release request.
allforcrypto will only release escrow as they see fit. we may reject the escrow
release request if we believe that the item or the seller may be high risk.
My escrow released to the seller although
I did not release escrow?
Allforcrypto may release escrow to the seller if they deem the transaction,
the item, and the seller low risk. when allforcrypto releases escrow we still
cover the buyer for the duration of 30 days and would issue a full refund if a
refund request is logged and we ruled in the buyer’s favor.
How do I know my coins are safe with you?
All funds are held on coinpayments which is one of the most secure crypto
How much are your fees and charges?
Seller fees: seller pay 5% flat rate on sold items across the site, regardless
of the price or the category the item is listed under. Sellers also pay for the
network fee used to send them the payment.
Buyer fees: buying on allforcrypto is free, an additional small fee, however,
is charged if you use the coinpayment escrow.
How does the fees system work?
Fees are taken out when the funds are sent to the sellers after a successful
Can I use a 3rd party escrow?
Yes, you can use the coinpayment escrow when you pay for your item.
How can I withdraw funds from allforcrypto?
After a successful sale, an email will be sent to you for your cryptocurrency
of choice and address so you can receive your funds.
I sent my items and the buyer didn’t
release escrow funds. Now, what?
You have to wait 30 days. if we get no news from the buyer within that time
funds are sent to you.
Our Strategy and Project Plan
2020 and onwards
Continue development and operation
Marketing Upcoming ICO
Mass marketing campaign of the website
No more chargebacks
No need to worry about fraudulent chargebacks. Since we only accept non-chargebackable payment options, problems for vendors are a thing of the past.
Promote your products with ease
We have installed the latest and greatest in social media sharing technology on our site. Advertise your products with a few clicks of a button to the likes of Facebook and Twitter
Low sellers fees
Allforcrypto has some of the lowest marketplace fees on the net. Why bother with the likes of eBay and Amazon who can charge up to 15 % of a sale if you include PayPal cut as well. With allforcrypto there are no hidden fees. It’s free to list and we only charge a 5% commission. only if you make a sale, Of course, AFCT token holders who hold a certain amount will receive a discount on commission
ADVANTAGES for Buyers
With our low fees for sellers, vendors will be able to pass on savings to their customers, and this means lower prices for the consumer.
Be protected when you make a purchase with our escrow. Funds are locked away for 30 days until you confirm that you have received the goods you asked for and are happy with the product.
Spend that crypto
Finally a place for all you crypto enthusiasts to spend your crypto. Actually use crypto like it was intended.Now you can spend spend spend to your heart’s content
Meet a Crew of Professionals
Jan Emil Christiansen
Bounty/Social Media Manager
Luis Carlos Pozo
PR and Communications Manager
Guarantee Of The Project Success