2020 was an interesting year for technology. 12 months of rapid development of digital services and the fast growth of cryptocurrencies. Now it’s the right time to combine those two and create an online shop that lets you pay with crypto for selected products. It’s time for Exeno.
The rise of e-commerce
E-commerce has a long history. Basic electronic data transactions, which are regarded as forerunners for online shopping, started in the 1960s. However, electronic commerce boomed with the development of the internet. On August 11, 1994, Phil Brandenberger from Philadelphia bought “Ten Summoners’ Tales”, an album of rock legend Sting. He made history and even got covered by the New York Times. Why? It was the very first fully-secured internet retail transaction.
A year later two companies that you may have heard of were born: Amazon (the company was registered in 1994, but Jeff Bezos sold its first book in July 1995) and eBay. Those two corporations set the trends and have shaped the new industry for almost a quarter a century. Now it’s time for another (r)evolution called Exeno, e-commerce that enables customers to pay for goods with crypto in real-time.
2020 clearly revealed that e-commerce has a lot more potential than we ever thought. It affirmed being the more convenient version of shopping, saving precious time and money previously spent on traveling and selecting goods. E-commerce eradicated of many boundaries. Geographic distance and a limited supply are a thing of the past. Last year also proved that doing online shopping can be a lot safer too.
That’s why e-commerce has grown so much. According to statista.com, in 2020 the global e-commerce market exceeded 4 trillion dollars in sales. This represents almost 18% of the total share of global retail sales.
Statista predicts that e-commerce sales will reach more than $6,5 trillion in 2023. Correspondingly, the turn of 2020-2021 was a breakthrough for another industry.
The rise of cryptocurrency
The impact of cryptocurrencies have been steadily growing for over a decade. When Satoshi Nakamoto created Bitcoin in 2009, he wanted to develop a global, “trust-less” financial system backed by advanced cryptography. First, if you wanted to get BTC, you had to be a Bitcoin miner. It wasn’t obtainable through any other channels.
Time passed, and other cryptocurrencies were born, including Litecoin, Ethereum, and Bitcoin Vault among others. In December 2020, the number of Bitcoin addresses exceeded 750 million. Now people have special alerts for Bitcoin news to never miss out on anything important. But why has the crypto industry gained so much popularity in recent months?
Satoshi developed Bitcoin as a response to a global crisis and as an answer to the inactions of governments. 2020 showed that we, as a society, need an alternative for financial systems entirely dependent on centralized organizations and authorities. Bitcoin value reaches new heights, and all cryptocurrencies are on the brink of mass adoption. However, the industry still lacked places where you can spend BTC and other cryptos.
The rise of Exeno
That’s precisely why Exeno was created. A global online store with a wide range of products that accepts cryptocurrencies as the means of payment.
We accept the following cryptocurrencies:
- Bitcoin (BTC)
- Ether (ETH)
- Bitcoin Vault (BTCV).
Why those three? Bitcoin is the most popular cryptocurrency in the world. Ethereum is not only a real alternative for BTC, but also the whole ecosystem for other cryptocurrencies, tokens, and smart contracts. Bitcoin Vault is based on Bitcoin but with an extra level of security and other important features.
Our crypto transactions are conducted by Kanga Exchange, a safe and trustworthy platform. Thanks to that transfers are instant, and your purchases will be easy and secure. Also, transaction fees are very low.
On our virtual shelves, you can find laptops, personal computers, jewellery, sports gear, cameras, smartphones, holiday gifts, and many more goods. We have a very wide selection of products, and our offer is continuously expanded. Shipments of our products are carried out within 72 hours from the moment of accepting the order. You just need to create an account, which will take only a minute. After that, you can enjoy shopping with cryptocurrencies!
Exeno is an innovative approach to online shopping. We’ve created a global store that enables purchasing goods with cryptocurrencies. We’re connecting the best practices from e-commerce with fast and secure payments in digital coins. Simple, understandable, and secure way to #BuyByCrypto.