Whether it’s Amazon in North America, Taobao in East Asia or Mercado libre in South America, every region has its large online marketplace.
These companies have provided a valuable service and expanded consumer choice, but they all share a set of flaws. They limit whom you can sell to and how they can pay. They have too much control over whom sellers can reach and what buyers can find. And most of all, those platforms are not ultimately built to benefit the users but to benefit their bottom line All too often.
Currently a Windows version is being developed. Soon Linux, MacOS, Android and Apple will have their own applications.
We live in a global world; we need a global marketplace to allow everyone to buy and sell anything to and from anyone, wherever they may be. yoGeek provides you with a platform which is truly global and truly decentralized marketplace infrastructure powered by a Layer 1 Blockchain(our partner — name yet to revealed), where users can sell services and goods freed from all limits, and buyers and sellers can discover items and opportunities not previously imaginable; importantly, yoGeek a protocol, not a company, which means there is no centralized organization with an incentive to interfere with activity on the marketplace. It’s just sellers, buyers and the software.
Our Wallet will power yoGeeks ecosystem. In the near future import other crypto currencies using our partners layer 1 blockchain. No Metamask required, everything is integrated into our Dapp.
The system is simple and organized around two tokens. $Geek and a soon-to-be-announced partnership with a layer1 blockchain. Our web3 integration and virtual credit card will take advantage of this layer1 Blockchain. Many other perks for $Geek holders are coming.
Unlike many coins, the $Geek token will have built-in privacy features to protect buyers, such as obscuring balances to protect users from being the target of theft. More on this when our layer1 partnership is revealed.
The Geek token is used to purchase on the marketplace or towards three tiers of VCCs.
1. Virtual Visa 1-time use
2. Reloadable Virtual Geek card
3. KYC with 3rd party bank, no credit check, physical Geek Visa.
Geek also serves as an investable asset providing incentives to help the network grow.
When you use ETH to buy on the yoGeek marketplace, you will be charged a 0.5% fee. This fee is redistributed to all $Geek holders. A massive reduction compared to the 15 to 40% taken by centralized marketplaces.
This fee is distributed automatically and regularly to those who hold a TBD amount of $Geek tokens. The $Geek token, meanwhile, is the ultimate global marketplace currency allowing users to transact with each other from anywhere without restriction.
The currency is also designed to follow the adoption rate to provide steady growth in value over time, enabling more people to adopt $Geek as they discover it.
The yoGeek is the world marketplace, a marketplace for a new era.
We are bridging Web2<->Web3 and will revolutionize e-commerce.
Some areas of the following video were masked in order to prevent leaking of data we are no yet authorized to show.
