FOR RELEASE November 7, 2014
Media Contact: John McCallum, email@example.com
We are pleased to announce that Opal will be releasing a digital content marketplace . The marketplace will be the next step forward for real world usage and adoption of Opal as a trusted and viable cryptocurrency. The market countdown can be viewed at http://www.opalmarket.me/
Development of the Opal Marketplace
The Opal Marketplace is to be released in multiple stages, each stage will add a new level of security, stability, and innovation. These stages will be coupled with the latest advancements of our Opacity+ security suite.
Stage one is creating an economy that will drive commerce using Opal. With the advent of the markets reach, Opal will have the ability to involve: developers, musicians, gamers, writers and everyone else involved with digital content creation and trade. Future stages of the marketplace will include: distributed decentralized file transfers, as well as, trading physical commodities with the incorporation of an escrow service.
Trading goods made easier
The process of buying and selling digital good will be simplified using Opal as the marketplace evolves. Content creator will be able to sell, one on one, directly to their buyers through Opal Marketplace. As the process is, users are trading a commodity for a commodity, therefore no fees for purchasing will be imposed on the market. Upon the successful sale of an item, a modest fee is deducted from the sale to support the continued operation of the site.
Using the Opal Marketplace
Sellers will have the ability to post for sale any digital goods that they have created or own the rights to for trade. Some example of possible items maybe: applications, how-to guides, books and journals, music, art, download keys for software and games, etc. Unlike other digital markets, users will be able to limit the quantity of their sales, if they wish, with one time use postings and downloads.
Buyers will have the ability to make these purchases and rate the users on the quality of their content each time they purchase. This rating system will allow user to identify trusted sellers and build a safer place to transact. The marketplace will be moderated to ensure that illegal and malicious activity is prevented.
Opal is a Proof-of-Stake Digital Currency with a flat interest rate of 5% annually. Opal is secured with the development of its unique Opacity+ security transfer technology and is developing into the forerunner of anonymous file transfer, through the diligent work of its team of several skilled and specialized developers.