2.1.8. BV Digital Platform

The BlockchainValley digital platform is the online gateway to our ecosystem and one of the pillars of this initiative (the "BlockchainValley Digital Platform" or "Digital Platform"). It makes it possible for anyone in the world with internet access to join the community and participate in all of its features, such as eCommerce, reward mechanisms, data monetization and a multitude of features that will be developed over time. Exchanges and transactions performed among Users, eCitizens and/or eCompanies through BlockchainValley Digital Platform will be paid exclusively using 4IR Tokens.

The BV eCommerce digital architecture will allow Users, eCitizens and eCompanies, to trade, offer and subscribe to services, make purchases, follow product development, or simply get information on new Fourth Industrial Revolution solutions. The eCommerce component of our initiative is central to its development as the economic activity on the Digital Platform conducted with our native utility token as well as all tokenized interactions will give the token its intrinsic value.

All eCitizens and eCompanies can help boost the quality of the platform by writing reviews, articles and comments triggering reward mechanisms based on the community’s approval rate as explained in the “Options Pool ” Section. eCitizens and eCompanies will also assist in the growth of the community through incentivized referral systems.

The larger the community gets, the more eCompanies and eCitizens join and the more interesting these two pools of members become for each other. A large pool with detailed information about eCitizens’ interests or other eCompanies can be valuable to companies that wish to conduct surveys, R&D questionnaires or target potential buyers and a large pool with detailed information about eCompanies and their product or services offers Users and eCitizens the possibility to make better decisions when purchasing goods or subscribing to services. The eCommerce will therefore facilitate B2C, B2B and P2P interactions. Such incentive mechanisms aim to lead to network effects, crucial to any successful community-based Digital Platform. To fully experience the benefits of this incentivized eCommerce platform, Users can upgrade to become full eCitizens or eCompanies as explained in the respective membership sections above.

The first iteration of Blockchain Valley’s Digital Platform has already been developed. It will not function as long as the token has not been released and distributed, but it still can be accessed right now. The platform will aim to go live with its token compatible features at the end of the Offer. Several other interconnected platforms that are part of its ecosystem will also launch on the same day. More information are provided in section 2.1.11 Future BV ecosystem features.