World's First Social Entrepreneurship Platform Moms Avenue Challenges Etsy by Gearing Up With Blockchain

Moms Avenue is aiming to be the leading blockchain platform for women entrepreneurship.

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Oct 23, 2017, 10:45 ET

VILNIUS, Lithuania, Oct. 23, 2017 /PRNewswire/ -- Moms Avenue is the first reward-based social entrepreneurship platform designed for moms. Think about it as moms community, entrepreneurship lessons and turbo Etsy merged and powered by blockchain. The ambitious goal is to empower millions of women around the world to start, grow and scale their businesses.

The company has announced its Pre-ICO upcoming in 2017 Q4.

First Blockchain Powered Social Entrepreneurship Platform Designed for Moms

As the world is at the doorstep of the blockchain disruption we're still tackling the gender inequality and the lack of women participation in entrepreneurship and the crypto economy. There are two challenges for women to overcome - gender gap is closing yet too slow (37 percent of business owners are women); there are only 4 percent of women active in crypto markets (Coin Dance, 2017).

Moms Avenue combines cutting-edge technology and an innovative reward-based business model to tap into the potential of female entrepreneurship and engage women into a blockchain-based market.

Moms Avenue will follow the social entrepreneurship concept with a plan to improve Decentralized Autonomous Organization (DAO) with Smart contracts. Compared to standard DAO, it will be oriented not only in decision making but also in community growth and profit re-investment. Thus, an entirely new social entrepreneurship concept will be created on Blockchain.

Evelina Bajorune, a mom of a lovely little daughter, came up with the idea of Moms Avenue. An active woman and an experienced Project Manager envisioned a place where moms could get rid of their fears, and get professional support and guidance to kick off their own businesses.

The CEO and founder of Moms Avenue says:

'How many times have you thought of your own business and got scared? Too risky? Scared of failure? Don't have enough money to start? These thoughts are common to all moms who may be risk-averse as they carry the responsibility not only for themselves but their little ones as well. The solution Moms Avenue is proposing will allow you to turn your hobby into a successful and profitable business and not risk anything at all. On the contrary, it will provide a possibility to receive the support and guidance from experienced entrepreneurs, find partners for your business, share ideas, get most of the benefit from vibrant and robust community and get rewarded.'

Evelina continues:

'This platform is going to be useful not only for moms who aim to start their own businesses but also to anyone who would like to buy unique handcrafted goods. Etsy was created to sell handmade or vintage items, but now it has become a place for mass production and poor quality stuff. Last year consumers spent $34 billion, on general crafts, fine arts, jewelry and bead crafts in the U.S. Etsy's annual gross merchandise sales grew to $2.39 billion, and its number of active sellers reached 1.56 million. Moms Avenue will be the innovative solution to enter into this market ensuring high-quality content driven by its community.'

Moms Avenue will create M.O.M. token in Ethereum ecosystem and develop a transparent Blockchain-based reward system. M.O.M. tokens will flow among different category users of the platform, such as sellers, buyers, employers, entrepreneurship teachers and learners, freelancers, various services providers, and others. The Moms Avenue platform will employ Decentralized Autonomous Organization, Token Wallet, Virtual Utility Tokens, and Payments to one user-friendly solution.

The team is currently preparing for its upcoming Pre-ICO later this year. The latest Blockchain technologies, creative solutions, passionate team and a successful Pre-ICO event will guarantee a realization of a revolutionary Moms Avenue platform.

Learn more about Moms Avenue at – http://www.momsavenue.com

Whitepaper - https://github.com/Moms-Avenue/Docs/blob/master/White_Paper-Moms_Avenue_Platform.pdf

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