Which each passing day, blockchain technology is advancing and finding its use in various day to day activities. Based on a recent report, it has been confirmed that a newly launched Russia based online marketplace— Mentalmarket, now allows the buying and selling of listed goods and services making use of cryptocurrency. Since launching the website has shown an increase in the number of listed goods.
Just like most other popular classified ads websites, sellers on Mentalmarket, get to list their services and products and anyone interested in such services or product get to contact them via the platform and negotiate. Once the negotiation is done, payments can then proceed.
Mentalmarket currently supports payments in major cryptos such as bitcoin core (BTC), bitcoin cash (BCH), ether (ETH), litecoin (LTC), zcash (ZEC), Ripple’s XRP and dash. Depending on the seller’s choice, the price of each product or services can also get listed using the U.S. dollars symbol and conversion.
Based on an announcement from Mentalmarket’s CEO KirillSkotnikov,
“The marketplace has been gaining popularity among Russian crypto enthusiasts with a growing assortment of products and services. Users can buy almost anything — from mining hardware and bitcoin ATM devices to plots of land around Moscow and a hotel in Sochi. A farmer from Tashkent even sells sheep at 0.074 BTC a head.”
He also added that:
“an Audi dealer in Saint Petersburg, Russia’s second-largest city, recently posted a number of ads on Mentalmarket. “You can now buy any Audi model with cryptocurrency,”
This innovation has been regarded by KirillSkotnikov has a perfect way for cryptocurrency to reach a mainstream audience. The platform has presented a way for cryptos to be used in our daily lives.
Increasing Crypto Daily Use
He further made this known in a statement which reads:
“Our mission is to make the daily use of cryptocurrency as familiar and simple as using bank cards by offering a wide range of goods and services and providing the infrastructure to simplify the interaction with cryptocurrencies for a large number of users.”