GAMB Build by Gambio will be Listed on IDAX

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GAMB Build by Gambio will be Listed on IDAX

November 13
16:54 2019

GAMB is the decentralized marketplace of the future with no decision making unit other than the owners of the marketplace themselves.

“By using blockchain technology, we can provide a platform which not only provides secure transaction, but an opportunity to create an ecosystem of vendors and merchants which is self governing,” says Dr. Felix Hotzinger, senior advisor.

IDAX, global leading digital asset exchange, is pleased to announce that we’re going to list GAMB/ETH and GAMB/USDT trading pairs at the specific time below:

Deposit Start Time: 10:00, November 14th, 2019 (UTC+8)

Trading Start Time: 10:00, November 15th, 2019 (UTC+8)

Withdrawal Start Time: 10:00, November 16th, 2019 (UTC+8)

About GAMB:

Token’s Full name: GAMB
Token’s abbreviation: GAMB
ERC20: YES

GAMB, which stands for Global Alliance of Merchants on the Blockchain, is being built by the German software company Gambio. GAMB is trying to give power to the merchants, allowing sellers located on the marketplace platform to contribute to the rules that govern them and their businesses — unlike a more centralized marketplace.

According to them, the advantage of blockchain technology for the online marketplace is the transparency. The decision regarding features and services, as well as cost and fee structures, will not be written in stone. Instead, merchants will be able to decide among themselves in a decentral autonomous organization. They hope merchants will become members of this alliance, thus granting them access to participate in the decision-making process.

The online marketplaces are considered consolidated, with limited autonomy given to the merchant. Additionally, with any centralized format, risks are involved. With online shopping, these risks include susceptibility to fraudulent activity and risks for hidden charges. Furthermore, centralized marketplaces and e-commerce platforms have been slow to adopt cryptocurrencies as payment, as few are equipped to deal with crypto transactions.

So in application, GAMB’s de-centrally organized marketplace hopes to enable businesses to manage their online shops locally, while ensuring access to traffic, SEO and consumer demand. The marketplace will share gathered data in order to improve the competitive positioning of merchants.

From a realistic standpoint, taking on tech-giants could seem suicidal, but Gambio has pointed out some major flaws in some of these e-commerce centralized marketplace systems. With over 96% of the American population currently shopping online, and with over 2.1 billion people expected to shop online by 2021 according to BigCommerce, it is overwhelmingly likely that cryptocurrency and distributed ledger technology are part of the process of improving.

Learn More:

Official website: https://gamb.io/
Contract address: 0xa0008f510fe9ee696e7e320c9e5cbf61e27791ee
Whitepaper: https://gamb.io/files/gamb-whitepaper.pdf
Telegram: https://t.me/GAMBcommunity
Twitter: https://twitter.com/GAMBproject
Medium: https://medium.com/@gambproject

The distribution ratio

Public sale: 35%
Marketplace development: 27%
Operations: 13%
Marketing: 10%
Team: 10%
Advisory: 5%

About IDAX

IDAX (www.idax.pro) is an international exchange platform originating from GBC (Global Blockchain Research Center). IDAX was founded in 2017 and within several months it gained to be in Top 10 exchanges of CMC rank. We provide IDAX users from all around the world with convenient, safe and fast digital cryptocurrency transaction service.

We value every user of the platform, and look at and maintain our relationship with users from a long-term perspective. As one of the world’s leading exchanges, we will strive to build the first users’ community system initiated and promoted by the exchange. Using our products and services to integrate into people’s lives, bringing joy and more opportunities to our users and society in general.

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. IDAX will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

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