Hong Kong – XOOBAY, the pioneering Web3 cross-border e-commerce platform, today announced the launch of its revolutionary token incentive model, designed to directly subsidize global buyers and suppliers. By leveraging a single, unified Web3 wallet, XOOBAY is transforming the prohibitive commission structures of Web2 giants into a profit-sharing ecosystem, fundamentally enabling the principle that “the more you trade, the more you earn.”
The End of the Web2 Profit Squeeze
For years, global suppliers have operated as high-paying tenants in centralized marketplaces like Amazon and Alibaba, struggling under high commission fees, slow settlement times, and zero ownership of customer data. XOOBAY’s model is built to solve this inherent conflict by returning power and profit to the value creators.
“The old system treated transaction fees as pure expense; XOOBAY flips the script,” said Jimmy, a veteran executive in the global trade industry. “This isn’t just about reducing commission; it’s about making trading costs effectively negative through redeemable, liquid digital assets. Suppliers are now building wealth with every sale, instead of losing it to platform overhead.”
The Web3 Wallet: Your Seamless Global Profit Center
XOOBAY utilizes a simple, integrated Web3 Wallet that acts as the backbone for a high-efficiency trade experience:
Seamless Onboarding & Digital Identity: Suppliers gain a zero-friction onboarding experience and an instantly created Web3 Wallet. This Wallet serves as their blockchain-verified Digital Identity (DID) and their secure global settlement hub, eliminating the need for complex, time-consuming Web2 KYC processes.
Token Rebates — Transactions Pay You: The platform’s proprietary XOO Token system rewards both parties for valuable actions. Suppliers receive XOO Tokens for every confirmed sale, effectively slashing their net commission costs and providing an invaluable source of digital asset income.
Buyer Subsidies Drive Volume: Buyers are also heavily incentivized, earning XOO Tokens for verified purchases and feedback. This significantly increases their effective discount, potentially leading to near-zero cost product acquisition over time. This high level of buyer subsidy acts as a powerful magnet, guaranteeing high-volume global traffic for suppliers.
Building Trust and Efficiency on the Chain
Beyond financial incentives, XOOBAY’s blockchain foundation provides the security and efficiency crucial for large-scale international trade:
Ironclad Trust: Supplier credibility and transaction history are minted as immutable on-chain credit. This provides global buyers with the highest level of trust and transparency, securing larger orders and long-term partnerships.
Instant Liquidity: Web3 payment rails ensure near-instant settlement, radically improving cash flow for suppliers and minimizing currency conversion losses inherent in traditional banking systems.
XOOBAY is urging global suppliers to ditch the restrictive “tenant” mentality and embrace the platform where their trade volume directly builds their asset value. This shift is not just an opportunity; it is the inevitable path to profitable and sustainable global commerce.
About XOOBAY
XOOBAY is the world’s first cross-border e-commerce platform built on Web3 principles, blending blockchain-certified trade with a powerful token incentive model. Founded by seasoned executives with deep roots in traditional commerce and financial technology, and incubated in the Hong Kong Science Park, XOOBAY is leading the global shift toward D-Commerce (Decentralized Commerce).
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Media Contact
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