Spl.yt is an ecommerce protocol for a global listing platform on the blockchain. The protocol facilitates a more efficient system of ecommerce that saves buyers, sellers, and marketplaces time and money by automating key intermediary functions. Spl.yt token economics incentivizes users to transact fairly and provides for a more secure ecommerce experience.
Spl.yt’s global inventory listing platform allows anyone to participate. Once connected, users can view the global inventory that is made up of individual listings automatically populated from affiliate ecommerce websites. Therefore, shoppers only need to visit one ecommerce site to search for and purchase their desired item securely and at the lowest market price.
Vendors looking to expand the visibility of their products can integrate their own third party marketplace websites with Spl.yt to reach more buyers and take advantage of Spl.yt’s automated affiliate rewards.
Sellers in the Spl.yt ecosystem have the ability to lease and sell assets on a fractional ownership basis. Lessees and fractional owners have control of their assets directly from marketplaces powered by Spl.yt via a DAO. Spl.yt also gives users the ability to view their transaction history, reputation score, and manage any open orders.