Why we invested in Cartin Token? The Billion dollar E-commerce opportunity

Why we invested in Cartin Token? The Billion dollar E-commerce opportunity

It has passed 30 years since the advent of The Web. E-commerce is now at 20% of all retail and growing exponentially every year. Behind its success are a handful of companies like Alibaba, Ebay, Amazon and other E-commerce giants, all trillion dollars companes. But also some small retailers are grabbing big profit through Shopify and with dropshipping. We are talking about trillion dollar companies. So how some new player can become a success in this world of E-commerce giants. Idea behind is simple, with their blockchain payment gateway they are planning to connect all big retailers and after some time and small retailers and bi one place of shopping on the Internet, what makes experience even more interesting is that they are planning to do it also for Metaverse, and give a people real shopping experience in their Cartin Portal Mall where your avatar can virtually go shopping and buy real world goods in virtual world. And this is just grabbing the surface of their roadmap and  plans till the end of 2023 year.

Cartin will act as a universal shopping site for any E-commerce in Cartin Network, so in real life this means you will be able to buy any product from Alibaba, Ebay, Aliexpress, BangGood, Wallmart and other big and small retailers just going through Cartin site or Cartin Pay smartphone applications. Everything will be fully automatized, Cartin protocol is doing that hard work for you. Cartin protocol will give you best prices and best conversion rates.

Currency Cartin exchange protocol (CCEP) will find the best rates for conversion to Cartin Token automatically and exchange Bitcoin, Ethereum, Ripple and other to Cartin token through their blockchain platform.

Cartin reinvents the E-commerce buying experience with a blockchain payment gateway, a decentralized product and merchant credibility + review system, and worldwide logistics with door-to-door delivery. Acting as a central purchasing and delivery node to traditional online marketplaces and e-stores, Cartin will achieve instant scalability with thousands of brands and millions of real world products available for purchase at no markup and transparent exchange rates to the crypto community.

Last week, Cartin Token announced its first funding round with $25 million raised in total. Over 100 investors took part in the round with the lead of JPMorgan, Barry Silbert CEO of Digital Currency Group, Dan Morehead CEO and founder of Pantera Capital ,Tyler and Cameron Winklevoss and earlier mentioned fashion and sports brands. Full list cant be disclosed because some of investors has signed NDA.

More information: Medium Post

Hi, I'm Raj Hirvate and I am a Tech Blogger from India. I like to post about technology and product reviews to the readers of my blog. Apart from blogging i'm a big Anime fan I Love Watching Naruto, One piece and Death Note.