AUSTIN, TEXAS – October, 19 2018 – DecentraNet is proud to announce their advisory partnership with Public Market, the world’s first zero-fee, reward-driven, blockchain-based marketplace. The two firms intend to bring the cost savings and efficiency of blockchain to the world of eCommerce in a seamless experience that benefits both sellers and consumers. Public Market was voted number #1 eCommerce app on Product Hunt and, this month, launched their flagship storefront at public.market.
“Public Market is a radically efficient commerce model as it eliminates transaction fees, commission-free. Their potential is unlimited and we’re proud to collaborate as they forge a new path for e-Commerce. We hope to create value in a variety of ways.” says Matt McKibbin, DecentraNet’s Founder and Chief Decentralization Officer.
“At Public Market, our goal is leverage new open technology stacks to transform the eCommerce experience not just for a small group of early adopters but for everyone. To achieve that vision at scale, we need mission-aligned partners like DecentraNet to continually expand our network of passionate collaborators,” says KJ Erickson, Chief Executive Officer of Public Market.
Public Market’s mission is to break the growing monopoly of eCommerce marketplaces, which brings with it deteriorating control and profit for sellers and higher prices and less choice for consumers. To learn more about Public Market, check out their recent Medium post or sign up for early access to their beta.
About Public Market
Public Market is a commission-free eCommerce protocol that pools inventory from third party marketplace merchants and allows anyone with an audience (affiliate marketers, drop shippers, influencers) to syndicate that inventory on their own channels. With 9M unique SKUs in their flagship storefront, Public Market
Public Market is backed by leading investors including Coinbase Ventures, Crunchfund, and Hustle Fund. The company’s founders are successful marketplace and eCommerce entrepreneurs, having founded Simbi (world’s largest alternative currency marketplace), Monsoon Commerce (multi-channel eCommerce SaaS, facilitated $12 billion in sales), and Better World Books (Amazon’s largest book seller, $500m+ in sales).
DecentraNet is purpose-driven full-service blockchain advisory and investment firm serving entrepreneurs with a suite of expert advice, deep industry partnerships, access to capital, community events, and a network of done-for-you service providers. We specialize in blockchain projects with a global impact as well as companies building the infrastructure to support them. We also produce events, content, and programming, and are evangelists for the potential of blockchain technology.
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