Safex vs Syscoin vs district0x
What problem does this service solve?
Safex wants to use blockchain to reduce costs and increase transparency in e-commerce. | Syscoin is a decentralized marketplace. It hopes to attract current users of eBay and Amazon with a blockchain-based platform that is easy to use. | district0x is developing a standardized, open-source protocol for creating and managing decentralized marketplaces. |
Token Stats
Company Description
Safex is developing a decentralized marketplace with an emphasis on privacy, anonymity, and a secure listings. The Safex ecosystem is powered by the SAFEX coin, which has a Proof-of-Work (PoW) consensus mechanism. The decentralized marketplace will require all listings to be curated by a centrally managed system that will be based on participants staking each listing. | Syscoin is a decentralized marketplace where users can trade goods, services, and digital assets. The company launched the Blockmarket in 2017; a global commerce platform that would leverage the benefits of blockchain to eliminate intermediaries and drastically reduce fees. Users can either sell their own products, or create virtual stores that sell a variety of products from other businesses. Syscoin wants to take out the middle man and create a commerce platform like eBay, that is easy to use and will have minimal fees. The network is powered by the native SYS coin, but users can also pay with other cryptocurrencies. The blockchain has a Proof-of-Stake (PoS) consensus mechanism. | district0x is developing a network of decentralized marketplaces and communities powered by Ethereum, Aragon, and IPFS. Marketplaces on the network, also known as districts, are built upon a standard open source framework, consisting of Ethereum smart contracts. Districts provide the core functionalities required to operate a decentralized marketplace. Users can post and search listings, rank sellers, and process payments directly on the platform. The network is powered by the Ethereum-based DNT token. |