ModulTrade is an ICO which I have been writing about earlier. In this post I will compare ModulTrade with their competitors so the investors and platform users learns more about it.
Attention! The ModulTrade ICO ends on January 27th. So if you want to invest before it's too late, register on the site below:
https://en.modultrade.io
In my other post which you can find here, I wrote the following:
"ModulTrade is a platform which will help people all over the world trade with each other while delegating all the boring work and hassles to ModulTrade and their low cost partners. You can select from providers worldwide and choose the one you like the most and find the best possible option for your criteria. With the help of the ModulTrade platform the buyer and the suppliers will not have to worry about getting their goods or their payment, because with ModulTrade everything is secured through the blockchain."
So lets compare ModulTrade to big players in the market like Amazon, Ali Express and eBay.
| Criteria | Modul Trade | Amazon | Ali Express | eBay |
|---|---|---|---|---|
| Commission | 1 % | Up to 30 % | Up to 8 % | Up to 20 % |
| Payment to sellers | Instant | Every 2 weeks | Instant | Instant |
| Fiat payments | Yes | Yes | Yes | Yes |
| Currencies | USD, EUR | USD | USD, EUR, RUR | All through PayPal |
| Cryptocurrencies | MTRc, LA, ETH | No | No | No |
| Customer broker services | Yes | No | No | No |
| Logistics agent services | Yes | No | No | No |
| Transparent quality control | Yes | No | No | No |
| Only verified reviews | Yes | No | No | No |
| Access to buyers contact information for sellers | Yes | No | No | No |
| Site self-managed by vendors | Yes | No | No | No |
| The ability to sell DIY electronics | Yes | No | No | No |
| Customer experience for global trades | Yes | No | No | No |
| Create different goods cost in different currencies | Yes | No | No | No |
| Verify several legal addresses to one account | Yes | No | No | No |
As we can see in the table above, ModulTrade has some big advantages over big etablished players. It is not easy to compete with big players, but if you want to do that, you will need to offer better services and conditions for the buyers and sellers. ModulTrade aims to do that and has a lot to offer to its users. Let's see how far ModulTrade can go in the year 2018 and 2019. Maybe it will be the next big thing? Who knows!
If you want to know more about ModulTrade or invest in the ICO you can use the links below.
Visit ModulTrade'website and register for the ICO to purchase tokens:
https://en.modultrade.io
Visit the Bitcoin talk ANN thread:
Bitcoin talk ANN thread
Join the bounty:
ModulTrade Bounty Bitcointalk