The next generation e-commerce platform for our changing world
For the needs of today,
and the uncertainty of tomorrow.
Our Mission
Essential Shelf utilizes blockchain technology to ensure the quality of products sold, and cryptocurrency to provide supplies to people all over the World.
Our goal is to create a global e-commerce platform that breaks down the information and payment walls of today, to stock essential goods and supplies on everyone's shelves for tomorrow.
Our Mission
Essential Shelf utilizes blockchain technology to ensure the quality of products sold, and cryptocurrency to provide supplies to people all over the World.
Our goal is to create a global e-commerce platform that breaks down the information and payment walls of today, to stock essential goods and supplies on everyone's shelves for tomorrow.
The world has changed forever.
So has the way we shop.
The current COVID-19 Pandemic and other recent disasters have made it clear that as much as the world has “shrunk” with improved supply chain distribution systems, access to supplies during and after emergencies is still plagued with technical and logistical problems
Essential Shelf is Open
During these turbulent times and beyond.
Features
Blockchain
A Hybrid Supply Chain Management system verified by blockchain to track delivery and quality of goods from vendor to consumer.
Digital Contract
Digital contracts in W3C ISO standard formats (“ESS Contracts”) for the facilitation of B2B electronic transaction and record keeping.
IPFS
To further ensure the validity of the data, ESS Contracts are backed up on the InterPlanetary File System (“IPFS”).
Technology Layers
ESS technology is built firmly upon the blockchain layer (bottom), to create the ESS Platform where the service's layers are deployed as the technological foundation of the ESS store.
System Overview
To create the most efficient system, the ESS Platform leverages blockchain technology, IPFS, ESS App and Wallet, connected to the ESS hybrid supply chain management system all tied to the ESS Store.
Technology Layers
ESS technology is built firmly upon the blockchain layer (bottom), to create the ESS Platform where the service's layers are deployed as the technological foundation of the ESS store.
System Overview
To create the most efficient system, the ESS Platform leverages blockchain technology, IPFS, ESS App and Wallet, connected to the ESS hybrid supply chain management system all tied to the ESS Store.
ESS Process
1. Purchase
The consumer browses products from a variety of vendors on the Essential Shelf platform and makes a purchase using ESS.
2. Digital Contract
Consumer and vendor sign an ESS smart contract, and after payment in ESS, it is automatically updated to reflect the status.
3. Fulfillment
The vendor prepares the package for shipping, and once it ships, the smart contract is updated automatically.
4. Shipping
The smart contract is updated of every step of the way as the package travels, whether it's around the globe or across town.
5. Delivery
The shipping company updates the smart contract upon delivery, and funds are released to the vendor from escrow.
6. Success!
The consumer has gained quick and easy access to essential supplies, and the vendor has increased sales while cutting costs.
1. Purchase
The consumer browses products from a variety of vendors on the Essential Shelf platform and makes a purchase using ESS.
2. Digital Contract
Consumer and vendor sign an ESS smart contract, and after payment in ESS, it is automatically updated to reflect the status.
3. Fulfillment
The vendor prepares the package for shipping, and once it ships, the smart contract is updated automatically.
4. Shipping
The smart contract is updated of every step of the way as the package travels, whether it's around the globe or across town.
5. Delivery
The shipping company updates the smart contract upon delivery, and funds are released to the vendor from escrow.
6. Success!
The consumer has gained quick and easy access to essential supplies, and the vendor has increased sales while cutting costs.
Global DeFi Ecosystem
The sudden, drastic global shift in consumer demand and behavior has exposed an imbalance in supply and demand, and global financing.
The Global DeFi Ecosystem connects the ESS Global Network with Local Ecosystems to provide Essential supplies to the places that need them the most.
Essential Shelf will work with manufacturers, factories, and original sources to reduce the friction and length of the supply chain, as well as implement a DeFi platform for vendor financing.
During times of crisis when supplies run low or run out, the ESS global supply network will give customers quick and easy access to the supplies they need, and vendors an outlet through which to make sales, and financing.
Direct to Customer (DTC)
To further facilitate DTC global trade to the local levels, the ESS Store implements a group bulk purchase feature. Vendors set a target buy amount for creation and delivery of their product, after which shoppers can reserve orders. When the vendor target amount is reached, the order executes.
ESS Vendor Services
To combat substandard goods sold during times of crisis, the ESS platform will implement a Verification system for transparency and accountability. The verification mark is obtained through a combination of KYC and staking ESS on the Essential Shelf platform. Users of the platform can feel confident that they will receive the goods in the quality that was described when purchasing from verified vendors.
ESS Vendor Program serves the ESS Store's direct vendors, which can consist of manufacturers, factories, and original sourcers.
To scale the ESS Team in order to verify vendors and transactions across the world. The ESS platform will implement the ESS Consultants system. Consultants will be assigned vendors to review by the ESS platform or can choose from a list of vendors awaiting approval. Consultants will verify the legitimacy of vendors through research either online or physically.
ESS Vendor Services
ESS Verify
To combat substandard goods sold during times of crisis, the ESS platform will implement a Verification system for transparency and accountability. The verification mark is obtained through a combination of KYC and staking ESS on the Essential Shelf platform. Users of the platform can feel confident that they will receive the goods in the quality that was described when purchasing from verified vendors.
ESS Vendor Program
ESS Vendor Program serves the ESS Store's direct vendors, which can consist of manufacturers, factories, and original sourcers.
ESS Consultants
To scale the ESS Team in order to verify vendors and transactions across the world. The ESS platform will implement the ESS Consultants system. Consultants will be assigned vendors to review by the ESS platform or can choose from a list of vendors awaiting approval. Consultants will verify the legitimacy of vendors through research either online or physically.
ESS NFT
The Essential Shelf platform seeks to integrate NFT functions and an exchange where Vendors can mint NFT’s of their inventory to be sold. Users on the platform can then purchase the NFT’s representing the inventory. Once the inventory is sold, the NFT holder will receive a portion of the profits.
Fee Structure
Vendor Sales Fees
ESS Store charges a small fee for sales through the ESS Store. The percentage of the fee ranges between 1.5% - 5%, depending on the Vendor status.
Buyer Fees
Buyers can pay ESS Points or USDe with no fee and a reward back of 0.5% - 3%. Buyers can also pay in USDT, with a 2% fee and no reward back.
Direct Referrals
ESS referral commisions range between 4% - 12%, depending on the ESS direct closing volume.
Consultant Referrals
The ESS Store and Platform can also be used as a trusted medium for a non-listed sale. The ESS Store takes a commission of 50% on successful sales only.
Roadmap
2021 Q2
–Platform Launch
–Service Begins
2021 Q3
–Platform Upgrade Version 2
–Interface Upgrade
–Listing on the Exchange
2021 Q4
–Platform Upgrade Version 3
–Equipped with Consultant Function
–Equipped with Token Swap Function
–Add Additional Partners
2022 Q1
–Defi Capability Open
–Expansion into Logistics Market
Beta Version Completed
December 2020
ASK Real Estate 1.0 Release
April 2021
Estonia Exchange License
March 2020
Launch Harseq Exchange Plus
April 2020
Listing on Harseq Exchange Plus
May 2020
Financial Services Providers
January 2021
Open Online Gaming Web
February 2021
100 Million Users (2% Share)
December 2021
Shopping Malls Settlement
January 2022
300 Million Users (5% Share)
December 2022
1 Billion Users (10% Share)
December 2023
Partners
