FANTASY is a blockchain-based decentralized P2P marketplace that connects sellers and buyers directly. FANTASY includes a reward incentive mechanism using blockchain smart contracts.
Participants in the FANTASY ecosystem can get rewards commensurate with their contributions without a complicated process. FANTASY provides multi-purpose reward incentives for developers, market operators, buyers and sellers to drive ecosystem expansion.
Decentralized market
FANTASY is a blockchain-based decentralized P2P marketplace that connects sellers and buyers directly. FANTASY is not a centralized platform operated by intermediaries like Uber, Grab, Airbnb, GoJek, Amazon etc. and builds an efficient ecosystem where buyers and sellers around the world can transact directly with each other by means of P2P. FANTASY uses the KLAYTN blockchain and smart contracts, thus complementing the existing centralized sharing economy market. FANTASY aims for a free and transparent decentralized P2P marketplace, which means it is difficult to be suspended or shut down by a particular organization or individual.
For example, peer-to-peer room rental platforms such as Airbnb may be subject to trading restrictions due to concerns about the safety and security of guests and damage to the landlord’s property. In FANTASY, each individual manages the digital credentials and reputation of buyers (guests) and sellers (servers) using blockchain and implements an anti-tamper system. Therefore, FANTASY is centralized and not a platform for community-owned data networks and to encourage fair competition, due to open data sharing. This will accelerate the adoption of blockchain-based decentralized P2P marketplaces.
Fee reduction
FANTASY is a blockchain-based decentralized P2P marketplace that connects sellers and buyers directly. FANTASY is not a centralized platform operated by intermediaries like Uber, Grab, Airbnb, GoJek, Amazon etc. and builds an efficient ecosystem where buyers and sellers around the world can transact directly with each other by means of P2P. FANTASY uses the KLAYTN blockchain and smart contracts, thus complementing the existing centralized sharing economy market. FANTASY aims for a free and transparent decentralized P2P marketplace, which means it is difficult to be suspended or shut down by a particular organization or individual.
For example, peer-to-peer room rental platforms such as Airbnb may be subject to trading restrictions due to concerns about the safety and security of guests and damage to the landlord’s property. In FANTASY, each individual manages the digital credentials and reputation of buyers (guests) and sellers (servers) using blockchain and implements an anti-tamper system. Therefore, FANTASY is centralized and not a platform for community-owned data networks and to encourage fair competition, due to open data sharing. This will accelerate the adoption of blockchain-based decentralized P2P marketplaces.
Encourage rewards
FANTASY includes a reward incentive mechanism using blockchain smart contracts. Participants in the FANTASY ecosystem can get rewards commensurate with their contributions without a complicated process. FANTASY provides marketplace operators, buyers and sellers with multi-purpose reward incentives to drive ecosystem expansion. Participants in the FANTASY ecosystem can earn rewards by inviting new users to the market, participating in deals, promoting published products or building new applications. So, FANTASY is a smart contract and promotes different types of participating members from the ecosystem, through which FANTASY ecosystem participants promote and attract new users.