Skaflic is a new project that has attracted the attention of Defi investors. The company launched its trending native utility token, FLIC, on January 15, 2023. The sale will end on February 15, 2023. 1 FLIC is trading at $0.01 during the initial coin offering. However, its price is likely to increase after the ICO sale ends. The total supply of tokens is 10,000,000,000, but only a percentage is available for purchase.
Skaflic is the first exchange worldwide that offers clients to buy and sell shares for e-trading stocks through cryptos. The team founded this company in March 2022. The Dubai Department of Economic Development is behind the project. The latter aims to create an innovative marketplace that uses blockchain technology and creates a new marketplace for selling and buying shares in electronic stores. In addition, users will be able to make purchases through digital currencies.
The team designed the platform in such a way as to make it easy for clients to search stock catalogues, trade and track their accounts. The company wants to provide a new investment concept that guarantees the preservation of capital and, at the same time, offers investors a greater number of growth opportunities.
The Skaflic platform uses a blockchain-based algorithm and smart contract to classify filters and catalog stores available for listing and selling. The platform will later offer this data to investors through initial coin offerings (ICOs). The company uses this approach to maximize the profits and investment potential of its clients.
In addition, Skaflic will provide wonderful growth opportunities for online business owners and investors around the world. The company aims to do that through various digital platforms. The team will offer a secure, transparent and easy-to-use platform with many advantages.
What issues are investors facing with today’s eCommerce market?
E-commerce has grown exponentially in recent years. According to Mary Meeker’s report, e-commerce sales reached nearly $450 billion in 2018, up 16% year-over-year since 2017. Due to such success, many brick-and-mortar stores are contemplating a digital makeover. Also, in recent years, the coronavirus pandemic has forced physical merchants to refocus on e-commerce. That process wasn’t easy, but it also showed merchants new ways to sell their products.
In 2020, most stores have shifted to e-commerce channels such as social media, web, and mobile. That move was out of necessity as stores closed and people had to shop online from home due to pandemic shutdowns.
Although the pandemic is now a thing of the past, online shopping is still a large part of commerce. Research from ESET, a multinational cybersecurity organization, showed that 70% of US citizens shop online more than before the coronavirus outbreak. Since customer buying behaviors often continue to evolve in new directions, investing in e-commerce is a wise move once you get established. Many investors have already recognized its potential and have started investing in online platforms.
While the pandemic has sped up the process, giants like Amazon, eBay and Alibaba have been preparing for this rapid retail development for years. As a result, they benefited a lot after people started using online stores instead of traditional ones.
Despite the rapid development in the world of e-commerce, there are still two problems that hinder this industry. Classic stores have yet to address these hurdles. The first is financing by selling a part of the share capital to those parties that have achieved success. And the second is to ensure survival and continuity, along with the preservation of capital.
How does Skaflic intend to solve these problems?
Today, cryptocurrency-based derivatives dominate the cryptocurrency market. At the same time, the number of tradable crypto products available in online stores is practically non-existent. Skaflic developed a revolutionary concept of trading store shares with cryptocurrencies. The company proposes to create chain store assets that replicate the performance of physical assets. As a result, the range of online shops available on blockchain e-shop trading platforms will be able to increase rapidly.
Traditional retail markets often provide financing by selling a portion of the shares to those investors who have already achieved success. They hope to ensure the survival, continuity and preservation of capital by employing such a policy.
However, the resulting systems are unsustainable and mainly benefit the wealthy.
On the other hand, Skaflic’s solutions will address the first problem by creating the world’s first-of-its-kind marketplace to trade stocks for stores; and the second problem through the application of a new investment concept that will guarantee the preservation of capital while providing multiple opportunities for growth.
This platform is a brand new marketplace that allows you to buy and sell shares for electronic stores through cryptos on your trading platform. According to the team, SKAFLIC’s trading platform will be a web-based marketplace. It will use blockchain technology, which is independent of the traditional retail system.
How will this platform work?
Skaflic aims to facilitate the real-time availability of business information. In addition, he wants to ensure smooth trading between merchants. In order to achieve that goal, the team has equipped the SKAFLIC trading platform with a combination of additional features. That includes premium research information, news feeds, real-time quotes, and charting tools in addition to the standard features.
In addition, the company specifically designed the platform to meet the unique requirements of e-shop stock markets. This platform does this by trading stocks against or for cryptos. SKAFLIC systems will provide a more comprehensive number of options for both executing and managing transactions. The company uses state-of-the-art blockchain-based algorithms to offer its clients a new investment concept. The latter ensures the preservation of capital while increasing the number of growth possibilities available to users.
In addition, the platform’s smart contract capabilities allow the company to provide its users with the best available options and trading pairs (stores), allowing them to optimize their returns to the greatest extent possible.
The team claimed that the SKAFLIC platform’s advanced algorithm would carefully evaluate and study the listed stores before offering them in ICOs to investors. The company places a high value on security and aims to offer its users the best possible service.