What is Eastads Credits?
Eastads Nigeria is a hybrid marketplace powered by local and crypto currencies. By hybrid we mean that Eastads has both an online store with ordering system and a well-built p2p marketplace.
By powered by local and crypto currencies we imply these:
1. Users publish sales in exchange for Naira (Local currency) or allowed crypto currencies. As of now we integrated the following coins into our market. BTC, ETN, ECR.
2. Payment for Eastads services is done through Local currency or crypto-currency.
3. Also users can choose to pay for products sold by Eastads merchants with crypto-currency.
4. Due to cases of fraud and deception amongst digital goods sellers and buyers, we created a FIAT- CRYPTO escrowed group of crypto traders.
We intend to launch or buy our own delivery services in Q1 2019 and will be powered by local currency payment and Eastads CREDITS payments. For every buyer that successfully buys items form merchants on Eastads, we will send rewards tokens in any of the crypto available on our marketplace.