December 2018

This month we are going to talk about two major BCSHop.io features to come soon. Let’s take a closer look on the Referral Campaign and Improved Escrow Service. Please note that mentioned features are deployed on our test website and might soon hit live server.

Referral campaign

You can access referral service using a new button in the upper menu. It is highlighted with blue on the following picture.

Below you will find your affiliate code that you can share with other people.

Here is how it works:
A person visits website using link above and unlocks the wallet using an Ethereum address with no created offers yet.
Then a person creates the very first offer.
Starting from this moment this person (Ethereum address to be exact) becomes your referral. You receive 30% of platform fees generated by their sales. Please keep in mind that numbers might be changed by the release date.
The ‘Affiliate’ section of the website will reflect how many referrals you have and total reward you’ve accumulated so far.

Escrow Improvements

In order to provide better escrow service we made several significant changes.
First, Arbitrators (persons who resolve controversial situations) are not limited to bcshop.io administration only. Everybody can apply to become an Arbitrator. Provided the applicant have enough competence and following verification process, the applicant can be approved as an Arbitrator.

Arbitrators' duty is to solve disputes between merchants and buyers. For every deal where an Arbitrator is selected, he / she receives a commission based on the deal size, no matter if dispute arises or not.

Besides choosing an Arbitrator, merchant will also be able to specify a warranty period for each of his or her new offers. It is very important to properly specify those properties as it will be impossible to change them after offer is created.

Special ‘Arbitration’ page of the website serves for reviewing and resolving disputes which might be raised by customers.

To resolve the dispute escrow must specify what percent of the payment should be refunded back to the customer. We feel this approach is way more flexible that old ‘customer-or-merchant’ way, when one side got all the payment.

Second, we also added a couple of features to provide both merchants and customers with more interaction options.

Merchants now will be able to revoke a purchase before a complaint occurred. That way they can indicate they are unable to provide the services. Of course in that case the payment will be returned to the customer.

Customers now will be able to confirm the service was provided using special ‘confirm deliver’ button. That way merchant will be able to withdraw his profit immediately and without waiting the whole warranty period to exceed.

About BCShop.io

BCShop.io project aims to reinvent the way digital commerce and payments work today. Focusing on digital goods and services area project’s goal is to enhance it with fast-growing opportunities blockchain technologies and cryptocurrencies have to offer. In January 2018 BCShop.io hit hard cap of 2000 ETH at its token sale.
Website: https://bcshop.io/
Twitter https://twitter.com/BCShop_io
Telegram https://t.me/bcshopio
Facebook https://www.facebook.com/BCShop.io/
Business Inquiries [email protected]