What is DDS.Store (DDS) | What is Digital Dollar Store (DDS) | What is DDS token
In this article, we’ll discuss information about the project Digital Dollar Store and DDS token
Introducing the Digital Dollar Store
The Digital Dollar Store (DDS) is a futuristic platform that will enable modern-day shoppers to spend their cryptocurrencies and make purchases via prime e-commerce platforms. Moreover, our premium platform will facilitate a peer-to-peer (P2P) marketplace to proliferate speed, convenience, and profits for vendors and buyers.
The Digital Dollar Store (DDS) will be an amalgamated e-commerce platform with a goal to cultivate an ecosystem where consumers can make their purchase decisions without worrying about payments security or excessive charges. DDS is being created to simplify the authentic shopping experience with boundless innovation and increasing the tremendous purchasing power of the consumers. Our solutions will be convenient, secure, and cost-efficient.
We are building an amalgamated e-commerce platform with a goal to cultivate an ecosystem where consumers can make their purchase decisions without worrying about payments security or excessive charges. The Digital Dollar Store has been created to simplify the authentic shopping experience with boundless innovation and increasing the tremendous purchasing power of the consumers. Our solutions will be convenient, secure, and cost-efficient.
Premium Features
Our DDS platform offers will offer three premium features:
1. Unified Marketplace
Advancement of Retail:
Shopping has been a hugely successful business and in 2020, the total global retail sales reached $23.36 trillion. However, the true retail experience has changed dramatically since just a generation before. Earlier people used to walk into a shop or in case they wanted to stretch their limits, then they would buy from a mail-order catalog. Recently, technological advancements in all industries, mainly the retail industry, have created a brand new world of possibilities.
Shopping on the Digital Dollar Store:
Consumers can shop online on the Digital Dollar Store platform using their cryptocurrencies and purchase products from major e-commerce platforms. DDS acts as a link between the digital world of crypto and the real-world of the consumers. This enables a seamless shopping experience for consumers using digital assets. Furthermore, consumers aren’t even required to create a separate account on these commercial websites to shop online.
Security Guaranteed:
The Digital Dollar Store platform uses a payment processing system that is based on blockchain to ensure the highest level of security. Other than being a coherent platform for modern-day shopping, DDS incorporates a cutting edge payments system that is so efficient and secure that it will soon be revolutionizing the way we shop in our day to day lives. It is fast, economical, and highly profitable.
2. Peer-to-Peer (P2P) Marketplace
What is a P2P Marketplace?
As the name suggests, a peer-to-peer marketplace allows individuals to buy and sell from each other. Vendors can range from artists, booksellers, mechanics, car renters, etc. They can access easy-to-use features on the platform and create a product listing. It is effortless for buyers to become vendors and vice-versa.
Benefits of a P2P Marketplace:
There are several benefits of such a marketplace. Some of those include:
- Practical: For a vendor, it’s extremely easy to set up an online store and not spend on renting or related expenses. Even artists are at an advantage as they can put their artwork on sale for as long as someone purchases it.
- More options: This approach creates an opportunity for hundreds and thousands of vendors to sell their products and buyers get plenty of options to choose from in one place. Additionally, it’s convenient to sell and buy products from anywhere in the world.
- High profit: Since there’s no middle man involved, the vendor gets to choose how much he would want to sell his products for while keeping the price cost-efficient and still make a good profit.
- **Cost-effective: **As buyers are directly connected with the vendors, they don’t end up paying an insignificant amount of fees in commission.
3. Non-Fungible Token (NFT) Marketplace
What are NFTs?
Non-fungible tokens (NFTs), also known as ‘nifties’, are the digital portrayal of scarce assets. These are distinctive in nature, with diverse properties that can be discerned from each other. For example, a plane ticket is a nonfungible asset. Plane tickets might look similar to other tickets but each store information of different passenger names, seat numbers, destinations, and departure times. Such characteristics make the NFTs irreplaceable and even impossible to swap.
Evolution of NFTs
NFT designs, as well as marketplaces, have become an unquestionable expanding sector of DeFi as NFTs depict the financialization of digital goods. Similar to Ethereum using ERC-20s to show digital assets, NFTs can be recognized as verifiable ownership rights for rare digital art. Additionally, due to COVID-19, art galleries around the globe had to close. This led to more cultural experiences to transpire online. As a result, Ethereum discovered an enlarging niche for creators to share art and connect directly with an avid community of collectors.
Success Story
The NFT industry experienced a boom in 2020 as demand grew exponentially and according to a crypto art analytics platform — CryptoArt.io, sales soared to an all-time high of $8.2 million in December 2020. The creator of CryptoArt.io, Richard Chen mentioned that the Crypto natives are beginning to realize the value NFTs bring to proving the authenticity of the original artwork. NFTs even unlocks a new business model for artists aside from commissions. Evidently, the popularity of NFTs has escalated significantly and more and more artists are showcasing their work in online showrooms.
NFTs on the Digital Dollar Store
To promote and support artists and their digital artwork, the DDS platform will enable its consumers to purchase NFTs using their cryptocurrencies.
UPDATE
UI Changes :
Unified Marketplace: Features
Using the unified marketplace hosted by DDS, modern-day shoppers will be able to spend their cryptocurrencies and make purchases via prime e-commerce platforms.
Major Discounts
Our team at DDS supports the fact that the more empowered the crypto users are, the stronger the community will become over time. Hence, in the interest of giving our users more authority over their funds, we will be creating a secure online domain. Our DDS token holders will receive opportunities to make effortless and inexpensive purchases and earn major discounts.
Based on the users’ DDS holdings, the discounts will range from 5% to 20% which can be applied to all the integrated e-commerce platforms. More details on this will follow once the Mainnet goes LIVE within a week.
Special Cashback
To show our admiration to the DDS holders and further add power to the community, we will be providing a financial incentive to the buyers who will use and hold the DDS tokens.
With great excitement, we want to share that there’s a DDS Card in our project pipeline that will allow our users to receive a cashback on their transactions. We believe that cashback is a lucrative and substantial reward that should be offered to loyal DDS users so that they can benefit from using the platform long-term.
NFT Marketplace: Features
Once the DDS unified marketplace is LIVE then next in the project pipeline is our NFT marketplace. Here are some exciting details regarding the same:
Governance
It is crucial for us that our users have a say in how we will operate our NFT marketplace. This will help us ensure that there’s transparency as well as integrity maintained on the platform.
To foster trust and incorporate sincerity between the participating artists and buyers, we will ensure that our DDS token holders are regularly engaging in the key decision-making processes. This practice will help us commission the required authority to all our token holders so that they can aid the platform’s growth.
Transaction details
To promote and support artists and their digital artwork, our DDS platform will enable our users to purchase NFTs using their cryptocurrencies. Users can use their DDS tokens to buy and sell their NFTs in the auction shop. This will help us build a strong community as well as an incredible platform that can support more and more artists and art lovers over time.
Exclusive Airdrops
Once the NFT marketplace goes LIVE, we will be hiring some of the best artists to make exclusive NFTs which will be airdropped to the DDS holders.
P2P Marketplace: Features
Information for merchants
The P2P marketplace on our DDS platform will connect users with a product or service to sell with users who are looking to buy the same. It will be easier for users to become merchants or customers.
If you are a merchant and are looking to sell your product or service, you will be able to use the DDS platform to open a virtual shop for a small fee. You will also be required to only accept payments in DDS tokens when using the platform for selling your products or services.
Information for customers
Customers will be able to use the DDS platform to buy products or services from merchants around the world. It’s mandatory for all customers to conduct payments using only the DDS tokens when using the DDS platform.
DDS Utility: Update
Amazon Integration
We are thrilled to announce that Amazon Shopping will be integrated into our DDS platform. This integration is prioritised as Amazon.com is one of the leading e-retailer in the world. We want our users to have access to Amazon’s numerous product offerings such as consumer electronics, digital content, computing services as well as various other services such as groceries and daily deals.
Users will be able to buy via Amazon using their DDS accounts without creating an account on the e-commerce site itself. They will be able to simply browse the products, choose as many as they like, add them to their cart and easily make a purchase using their Crypto wallets. There will also be free shipping for all products bought via Amazon using the DDS platform.
Metamask Login Integrated
DDS will have an integrated Metamask Login. Please refer to the images below:
Created in 2016 by a blockchain software company, ConsenSys, Metamask is a wallet that allows users to hold their cryptocurrencies. It’s also a browser extension that can be used on Firefox, Chrome and Brave browser. In 2019, Metamask started releasing mobile app versions for closed beta testing and in September 2020, they had their official public release for iOS and Android. Essentially, Metamask forms a secure connection between regular browsers and the Ethereum blockchain. It can be used to store and manage account keys for only Ethereum-based cryptocurrencies.
Coin Providers Integrated
In order to make the DDS platform more appealing to a wider audience, we have decided to add more attractive features when it comes to digital payment solutions.
DDS will have integrated CoinPayments and Coinbase Commerce into its platform.
CoinPayments is a payment solution for digital currencies. It enables merchants to accept Bitcoin along with other 1700+ altcoins in their wallets. This feature is permitted via various easy to use plugins, POS interfaces, and APIs. There are almost 3M merchants and user accounts across 182 countries, making CoinPayments one of the most extensive multi-cryptocurrency platform around the globe. CoinPayments also offers a low transaction fee of merely 0.5%. Along with this, it has an asset conversion tool that enables merchants to actively convert their digital assets within their wallets without requiring to transfer to exchanges.
Coinbase Commerce is a digital payment service offered by Coinbase, a cryptocurrency exchange and wallet service provider. It enables cryptocurrency transactions between merchants and customers and facilitates various cryptocurrencies such as Ethereum, Bitcoin, Bitcoin Cash, USD Coin, and Litecoin. Payments are received straight into a merchant-controlled wallet, and these on-chain payments eliminate the chances of any fraudulent transactions. In 2019, Coinbase Commerce handled nearly $135 million worth of crypto payments.
NOTE: In the near future, we will be integrating UTK Payment and Crypto.com Pay. Stay tuned for more updates!
Tokenonomics
- Total supply: 1,300,000
- Presale: 663,000 DDS; 390 ETH
- UniSwap Liquidity: 310,000 DDS
- Team Tokens: 50,000 (locked for 6 months)
- Marketing Allocation: 77,000
- NFT Auction Shop and Staking: 200,000
Source : https://www.youtube.com/watch?v=Sn2Wr-80s2g
Would you like to earn TOKEN right now! ☞ CLICK HERE
How and Where to Buy Digital Dollar Store (DDS)?
DDS has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy DDS
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since DDS is an altcoin we need to transfer our coins to an exchange that DDS can be traded. Below is a list of exchanges that offers to trade DDS in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase DDS from the exchange: Uniswap (V2), 0x Protocol, 1inch Exchange, Bilaxy
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once DDS gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information DDS
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Coinmarketcap
🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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Wallet address:
BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c
USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7
DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ
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