Keyi Store needs assistance from Monero Community
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Keyi Store is an eCommerce store that has ability to accept all and any cryptocurrency. The Store is currently in production. Anyone can now from Keyi Store (https://keyi.store) for cryptocurrency and it will be shipped. Also, we maintain the top notch Privacy, in general anyone can request us to remove data, simply mail us and everything is deleted, even the order informations(no hard copy or softcopy). As of now we already have a lot of products and we are adding more too. We can become the best eCommerce Store in the cryptocurrency world provided we have sufficient support from the cryptocurrency community.
We also have our own Payment Gateway, Pay Later, this gateway can delay the payments up to 48 hours as of now and we are trying to make it 5 days. So, anyone can order products from us, the order will be processed but the payment can be done later. We are also creating a credit based Payment Gateway, where users can add their desired cryptocurrency, whenever the user is ordering anything from us, the amount will be automatically deducted. Plus, the users can earn interest for keeping their money in the system. Pay Later is already out and can be used on our website and we are still developing the other Wallet + Gateway + Interest based.
life applications that use or based on cryptocurrency and can also be used by non-cryptocurrency holders(people unaware and not using cryptocurrency). Keyi Store is one of our first application that is promising. If we are to receive assistance from Monero and the Community, we will display it in our platform, plus we will use Monero as one of the main currency for the company. So, any payment done on our website will be converted from whatever cryptocurrency to XMR. Plus, in every transactional message, receipts and communication method we will use
First, we plan to accept all cryptocurrency. Second, creating a Utility token doesn't even make sense when there are a lot of tokens available. We could create a revenue sharing token, where the token price is based on a direct profit sharing model(like 40% to 50%), where the profit is delivered through a mainstream token. If we were to conduct an internal crowdfund or ICO for the platform from Governance based cryptocurrency the result will be the same. We agree we could raise a lot of funds, but the token will not have many usages, plus we don't have resources to do the marketing. Simple as that, the whole operation will be a failure, plus the stress of everything failing will make it worse.
This completely depends on the results, currently, we only planning to crowdfund with benefits for community or stake in our platform. If we don't succeed here, we might try with other companies. And even then if it fails, we will appeal directly to the community plus I'll create a token on revenue based system. If this was successful, we will consult the Monero Community before holding important events like ICO. But we think this can be a great an opportunity for us, as well as for the Community, not only we will promote Monero within our website and community in future but also we will use Monero for financials and promote the usage of Monero.
Milestone 1 - Integration of Monero in our Pay Later Gateway. Includes 1 year of Integration plus benefits. We charge $700 per month but anually we have reduced it to $7000. Also, for every 500 transactions in our website 15% discount on monthly charge. The fund goes in developing the other Gateway + Wallet (Interest based).
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