CornerMarket

Web3 App, Support Local Businesses & Save Money At The Same Time. Grab USDC & Start Shopping Today.
Austin

About CornerMarket

CornerMarket is a new Web3 App built on Polygon where you can support local businesses & save money at the same time. It uses blockchain technology and DAO (Decentralized Autonomous Organization) to reduce costs for merchants and save money for consumers. The decentralized nature of the app eliminates the need for intermediaries and reduces transaction fees, enabling merchants to keep more of their profits. The goal of CornerMarket is to not only be a new and better marketplace for small businesses, but to assist them in operating more successful businesses that strengthen the communities where they are based.

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Problem statement

CornerMarket provides a solution to each of these, bringing in new customers who are excited to pay with cryptocurrency, or in the case of a Web2 user, happy to support their local small business and community because of the integration of unique storytelling abilities on the CornerMarket platform which allow business owners to communicate with their customers directly and update them in a TikTok fashion. Advanced loyalty abilities are put into the hands of the business, who gain the ability to personalize and update programs as they grow. Transaction fees are lowered through the power of Web3, to as little as 1%, which includes access to all the additional benefits of the CornerMarket platform. The ethos of CornerMarket is support for small businesses, and that’s why we work hard to provide them with additional tools to complete in the David and Goliath fight with their challengers. But this is only the beginning.

Traction information

Now CornerMarket is live on Polygon mainnet. In January, 7 businesses in Palo Alto was onboarded to the app. And in February, 15 more businesses from Denver are onboarded to the platform for the public testing. Now the team is moving to Austin, to get ready for Consensus which is held by the end of April.

Updates

Profile created.
Added 12 months ago

Funding

Not raising capital right now

Total raised to date:$0