Benefitting from Peer-to-peer Business Model

By Mchapeyama | CryptoSocial News | 9 Feb 2019

The internet has opened many possibilities to earn income. People can earn from blogging, advertising, trading and investments. There has, however, another way to earn, which has become popular, which is peer-to-peer marketplace. A peer-to-peer (P2P) marketplace is a site where people buy and sell goods of various types. Some popular peer-to-peer marketplaces are Amazon, EBay and Fiverr. The good thing is that people anywhere in the world can be involved, either as buyers or sellers.  There has been a revolution in the peer-to-peer marketplace model. The new models involve Empowr and OmniBazaar’s offerings.


Empowr is described as the first decentralised social site that pays people for participation. The business model of empowr includes a social platform and a marketplace. In the social platform, people chat and share videos, photos and other messages. People are involved in as much as they do on Facebook or Twitter. However, there is an inbuilt marketplace where people sell and buy goods and services. Empowr is built on an ethereum blockchain, thus it has its own currency called the empowr coin (EMPR), which is traded on the cryptocurrency exchange. All participants at empowr get rewarded through the empowr token. This empowr token can be exchanged for other cryptocurrencies such as bitcoin or ripple. Holders can choose to sell and get fiat currency of their choice. Apart from selling and buying goods, people can have other roles where they are paid, such as marketplace moderators and success coaches. Success coaches are teachers, who help the rest of the citizens to know how the site operates. Empowr trains people on how to trade in cryptocurrency, for free. If you want to learn how to trade in cryptocurrency then you have an opportunity to do that for free, and you earn in the process. If you have the ability to teach and mentor others, then you get paid as a success coach (teacher).


A similar site is OmniBazaar, which is a peer-to-peer marketplace. On empowr, people can only use ether and the empowr coin as form of currency. However, OmniBazaar allows the use of many currencies such as ethereum and bitcoin to buy goods. Some can sell their goods and get Omni, which is their internal currency. On, OmniBazaar, people earn for a number of activities such as marketplace dispute resolution, mining, referring others, helping others to list their products and selling products. There is a revenue sharing programme to all participants, whether sellers or buyers of goods and services. As can be seen both programmes- empowr and OmniBazaar pay people over and above what they earn from their participation. These are good opportunities for internet newbies who want to earn.

For more information, visit OmniBazaar.

In case you need more opportunities to earn without paying visit Levelnaut.

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