BUZAR: The Communication Platform with a Super Marketplace

Imagine a day without technology in our current world, how would it look like? Imagine a day without our gadgets, our phones, laptops, video games etc. Imagine if you had to spend the whole day without being on any of the social media, Facebook, Twitter, Whatsapp, Reddit, Viber etc. That would feel terrible right? I personally would feel completely disconnected from my family and friends and the world at large. People's need for communication keeps growing.

Despite the increased need for communication and ability for certain platforms to cater to the need, there is a pressing concern in the online marketplace. E-Commerce has thrived over the years, online platforms such as Alibaba and Amazon have become famous places for buyers and sellers to meet with the hopes of doing a business transaction.

Nonetheless, the current system has certain drawbacks some of which includes the complexity of cash withdrawals from these platforms, insecurity has always been a threat, despite the fact that current platforms are doing their best to protect users from theft or scam, the reality is that users are not protected against sellers who trade inferior or cheap products under the guise of the actual original.

Other pressing concerns such as the inability to validate the authenticity of the goods before purchase, the high commission rates traders pay to feature their products on the platform as well inefficient customer support in case of settling disputes. All these issues tend to harm user experiences when using this platforms. The Buzar project intends to fix these issues while combining extra features for users other than trading.

Meet BUZAR

The BUZAR platform is a synergy of the communication platform and the online marketplace. This new innovation is going to present its user with the social media experience coupled with an online marketplace under a secure environment using the blockchain technology and cryptocurrency of it's own called BUZCOIN. The Buzar project is led by Olga Buzova, a famous Russian star with experience across the major sector in the music industry, acting industry an experienced brand ambassador and a seasoned businesswoman. The Buzar platform aims to unify the functions of the communication peer-2-peer platform and the universal super-marketplace all in one place for users to enjoy.

How Buzar works

Being the first of it's kind, the Buzar platform will create a communication peer-2-peer platform with specific features such as instant messenger for communication between users on the Buzar platform, at the same time, a super-marketplace will be created purely for the business transaction of goods and services.

1. Communication peer-2-peer platform: The Buzar project will provide users with numerous functions of the social media experience all in one place within the communication platform for instant communication and sharing of files between the users on the platform. Some of these functions include:

• Social Network i.e. creation of communities and pages for users to interact, discuss topics while making new friends and expanding their network on the platform.
• Messenger for text messages, calls and video calls in real time between users on the platform.
• Data Communication functions allowing sharing of media files and documents securely between users on the network.
• Music service that is specially designed for users to earn through the use of online audio files uploaded by them on the platform.
• Video Hosting and stream broadcasts also designed just like the music service for users to provide video contents on the platform and earn from its use.
• Events function allowing users to purchase of concerts and other events hosted on the platform.
• Secure communication over encrypted channels protecting users from hackers and spammers as well as other threats that may arise from the use of an online platform.
• An App in App function which allows users direct access to several services provides from the Buzar platform

2. The Super-Marketplace: Buzar sets out to be the top choice for buyers and seller alike, the platform has been equipped with some features to make it the safest as well as a user-friendly platform for its participants. Some of these features include:

• Bulletin board and online auction open only to participants on the Buzar platform with the implementation of the Buzcoin and blockchain technology.
• Business transaction of goods and services made possible by the technology of smart contracts in Business-2-Customer, Customer-2-Customer and Business-2-Business sectors. Users are assured of genuine business deals.
• Creation of online shops available only to platform participants within Buzar
• Discount and Loyalty programs
• Job search services made possible via a developed rating system and verification process
• Service for rent and sale of real estate
• Cryptocurrency Exchange Services for users to transact with several other cryptocurrencies and the Buzcoin currency
• Peer-2-Peer Payment services between platform users.

Will This Work?

Unlike many other competitors aiming to bring about similar innovation as Buzar but fail due to lack of audience to sustain the vision within early years of deployment, Buzar has a special advantage - Olga Buzova. Being the brand ambassador of Buzar - Olga Buzova is the most popular celebrity in Russia which a considerable large amount of audience on the internet across several social media platforms. Buzar will drive sales through the advantage of the large audience, getting lots of users to adopt the platform.

Despite the audience, the brand ambassador has been able to reach, the true success of this project will be credited to the uniqueness of the project itself, as well as the team handling the project. The experienced team of developers who have worked across several similar projects in the commercial workspace as well as the blockchain arena will passionately see this project to fruition.

ICO

Name: BUZCOIN (BUZ)
Platform: Ethereum ERC20
Exchange rate for token sale: 1 BUZ = 0,1 USD in ETH
The minimum amount of participation: 10 USD in ETH
Token Availability: For ETH contributions will be distributed immediately
Hard Cap: 210 mln USD in ETH
Emission of tokens: BUZ tokens are created after the transaction
Public token pre-ico: 18 April 2018 — 18 May 2018
Public token sale: 1 August 2018 — 20 October 2018
Period of the token sale: ICO will run for 80 days or until the hard cap is reached

Double Bonus Programs

In the ICO process, two bonus programs will operate

Time Bonuses:

• 43–56 days — 5%
• 29 – 42 days — 10%
• 15–28 days — 15%
• 1–14 days — 20%
• 30 days Pre-ICO — 30%

Quantity Bonuses:

• 10,000 – 50,000 — 2%
• 50,000 – 200,000 — 5%
• more than 200,000 — 8%

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