Launching 05/1/2024
PEER-TO-PEER DECENTALIZED PLATFORM
BUY ALMOST ANYTHING GLOBALLY FOR 5%
Beta: No sales honored: Testing Only Beta: No sales honored: Testing Only Beta: No sales honored: Testing Only
Trumart Charges Merchants Nothing! NO ESCROW, NO SELLING FEES, NO LISTING FEES, NO SIGN UP FEES, NO COMMISION FEES, NO SUBSCRIPTION FEES, NO SPECIAL TOKENS NEEDED and NO $ HOLDS
Dear New Trumart User,
Welcome to Trumart, a global e-commerce platform built on compliance and transparency. We require all merchants and users to pass a global AML and KYC compliance checkS to prevent fraud, money laundering, and funding terrorism.
We understand that you may already have passed a KYC and AML check with your hosted wallet provider. However, we require all users to pass a KYC and AML check through Trumart’s partner, Effectiv.ai, to ensure that we are meeting the highest compliance standards.
To pass the KYC and AML check, you will need to provide Effectiv.ai with some basic information about yourself, such as your name, address, date of birth, and government-issued ID. You may also be asked to pass a Liveness Check. This is a simple and quick webcam interface helping verify you are you.
Once you have successfully passed the KYC and AML check, you will be able to use Trumart’s full range of features, including buying and selling goods and services, depositing and withdrawing fiat and cryptocurrencies, and participating in our loyalty program.
We appreciate your understanding and cooperation in helping us to create a safe and secure marketplace for everyone.
This screening process helps to ensure that everyone on our platform is who they say they are and that they are not using our platform for illegal activities.
Once you have passed the KYC/AML screening process, you will have instant access to all of the merchants on TruMart Storefronts.
Important information:
- TruMart has no part in any user-initiated purchases and has no control over the emergent created NFT.
- TruMart receives a 5% platform fee from the buyers wallet directly on every buyer-initiated purchase. Merchants and users pay nothing (Zero) to list or relist items. Collectors may relist bought items for free. Trumart receives a 5% platform fee for all other transaction directly from the buyers wallet.
- All transactions are made in cryptocurrency only, controlled by the merchant-created NFT.
- Merchant-created NFT smart contracts may only be bought with USDC (native Polygon Network),Polygon MATIC, and USDC.e (bridged) on the Polygon Network.
- Merchants receive 100% of the purchase price on a buyer-initiated purchases and is transferred directly from the buyer’s wallet to the merchant’s wallet via smart contract. TruMart receives a 5% platform fee from the buyer directly on initial purchases from a merchant.
- TruMart simply connects merchants and users like a Craigslist or OfferUp, except TruMart is not involved in the transactions in any way.
We hope you enjoy using TruMart Storefronts!
If you have any questions, please do not hesitate to contact us.
Don't Have Matic, USDC.e or USDC? No Problem Use Matcha.xyz Or The Polygon Portal To Swap Coins
Trumart does not receive any funds from outside sources. Trumart is purely funded by platform fees generated from user initiated purchases.
Trumart: Crypto's Answer To Amazon And Ebay
THE Ebay Killer
TRUMART STOREFRONTS is a non-custodial platform. This means that it does not hold any of its users’ NFTs or cryptocurrency. This gives users full control over their assets.
TRUMART STOREFRONTS is a peer-to-peer platform. This means that TRUMART does not facilitate the sale or resale of NFTs between merchants and collectors. Instead, merchants and collectors interact directly with each other to negotiate prices and complete transactions.
TRUMART STOREFRONTS does not hold any funds, transfer funds, or exchange cryptocurrency. When a buyer initiates a purchase, the funds are sent directly from the buyer’s wallet to the merchant’s wallet. TRUMART STOREFRONTS does not receive funds from the transaction. Merchants receive 100% of selling price.
TRUMART STOREFRONTS charges buyers a 5% platform fee when buying from a merchant. This fee is sent directly from the buyer’s wallet to TRUMART’s wallet.
TRUMART STOREFRONTS is not liable for false or misleading claims by merchants when listing their collectibles. Buyers are advised to do their own research before making a purchase.
TRUMART STOREFRONTS does not resolve disputes. If a buyer and seller have a dispute, they must resolve it themselves or call local law enforcement.
THE Airbnb Killer
Pre-integrated with leading risk data services, financial institutions and fintechs can customize KYC, KYB, payment, AML, or account activity risk strategies to detect and prevent fraud at every customer interaction.
As a blockchain-based platform, Trumart Storefronts is built on the principles of transparency, trust and bringing crypto to the masses. To protect our users and comply with global regulations, we require all users to pass an Effectiv.ai KYC and AML audit before connecting their wallets. Currently Trumart Is offering FIRST 50 MERCHANTS AND FIRST 50 COLLECTORS FREE KYC VERIFICATION !!
Trumart: Crypto's Answer To Craigslist And Ebay
Beta: No sales honored: Testing Only Beta: No sales honored: Testing Only Beta: No sales honored: Testing Only
Trumart Storefronts kyb/kyc
Ebay KILLER
Merchant Offerings
- Numerous fees & hurdles
- Strict & time consuming dispute resolution system
- HIGH COMPETITION
- MAY HOLD FUNDS UP TO 21 DAYS
- Listing Fees: $$$
- No Fees
- NO REFUNDS
- VIRTUALLY NO COMPETITION
- NO HOLDS EVER !
- Listing Fees: NONE
Trumart Storefronts
Built for merchants
Trumart Storefronts kyb/kyc
Ebay KILLER
User Offerings
- Sellers: mostly unknown
- Contact Seller: ebay system only
- HIGH COMPETITION
- MAY HOLD FUNDS UP TO 21 DAYS
- Sellers: k.y.b verified Merchants
- Contact Seller: Phone, email & social
- VIRTUALLY NO COMPETITION
- NO HOLDS EVER !
MERCHANTS
FAQ
Delayed Shipping
Merchants may offer a delayed shipping option for users who buy one of their items. Once the initial 90 day shipping term is about to expire merchants can offer to extend the shipping and delivery date past 90 days offering the collector to purchase additional days on the collectibles product page.
This offers merchants to earn additional revenue by delaying the ship to date until the customer is ready to receive their purchase.
Merchant Responsibilities
NEVER REMOVE A SOLD ITEM FOR ANY REASON UNLESS THE CORRESPONDING NFT HAS BEEN BURNED AND REDEEMED FOR SHIPPING TO THE END CUSTOMER! Customers place their trust in every merchant that items sold and stored will be in THE EXACT CONDITION AS DESCRIBED. Anytime you remove and items from your vault there is a possibility of the items getting lost, stolen or damaged!
No Refunds: The industry standard. Merchants are in total control of their Storefront and can implement any policy the determine to be appropriate.
Clearly state store policies regarding:
Expired Shipping Term: Merchants may hold merchandise as collateral for unshipped items beyond agreed upon ship to date.
Please contact merchants directly with any questions or concerns you may have.
Taxes included?: Be sure to include if taxes are paid, international shipping may cost more, are there any duties, etc.. for your customers. Do I need to collect state taxes, etc..
Clearly state expected export or import duties, taxes and charges a collector may incur after purchase and redemption.
The more information, pictures, insurance coverage, social media links and more. The more information a merchant can offer to potential customer would seem to form a more personable relation with a sense of security.
Trumart gives nor offers any advice or direction other than making available industry specific links, blogs and news from various sources to help inform users of everything in crypto.
Two Crypto Wallets
All funds are transferred directly from the collectors wallet to your store’s wallet.
It is recommended by industry experts to create 3 wallets when setting up the crypto wallet for business.
- Used to receive payments from sales and is linked to your Storefront account.
- Transfer large sums of crypto to this wallet before cashing out. There will be no other wallet activity so it should be easy to monitor.
Using Metamask makes this incredible easy.
https://metamask.io/faqs/
Cashing Out
Expect to pay 2%-5% to an exchange like PayPal, Coinbase, Bitpay, Kraken, Robinhood, Circle and others.
Merchants are responsible for their own taxes, duties, all fees both locally and international monies that may be owed.
Instant Payment No Reserves
You get 100% of your list price.
Sale proceeds go directly to your crypto wallet
No Refunds Issued
Transfer your funds anytime, NO HOLDS!
How To Start
Before connecting your wallet and creating your Trumart Storefront profile you must first pass a global K.Y.B./K.Y.C. & A.M.L. audit through Effevtiv.ai. With every merchant globally verified potential customers know that merchants are real, trustworthy and can be contacted during normal business hours. Trumart Storefronts includes phone numbers, email address and google links for every merchant.
Illegal And Prohibited Items
Merchants listing illegal, prohibited and sanctioned items will be removed from the platform and possibly reported to authorities.
For every sale item there is a “suspicious listing” button to report potential fraud or bad actors.
CRYPTOCURRENCY TAX SOFTWARE
Crypto tax reports in under 20 minutes
Koinly calculates your cryptocurrency taxes and helps you reduce them for next year. Simple & Reliable.
TAXES & COMPLIANCE
FAQ
Taxes: All Users
Digital Assets by I.R.S.
https://www.irs.gov/businesses/small-businesses-self-employed/digital-assets
You understand that you are responsible for any fees related to use of the Service, including for actions you take on the blockchain, regardless of whether a successful transaction occurs, and that such fees are final and irreversible.
A lack of use or public interest in the creation and development of distributed ecosystems could negatively impact the development of those ecosystems and related applications, and could therefore also negatively impact the potential utility of NFTs.
The regulatory regime governing blockchain technologies, non-fungible tokens, cryptocurrency, and other crypto-based items is uncertain, and new regulations or policies may materially adversely affect the development of the Service and the utility of NFTs.
You are solely responsible for determining what, if any, taxes apply to your transactions and to withhold, collect, report, and remit the correct amounts of taxes to the appropriate tax authorities. Trumart is not responsible for determining, withholding, collecting, reporting, or remitting any taxes that apply to your NFTs or the sale/purchase of your NFTs.
There are risks associated with purchasing items associated with content created by third parties through peer-to-peer transactions, including but not limited to, the risk of purchasing counterfeit items, mislabeled items, items that are vulnerable to metadata decay, items on smart contracts with bugs, and items that may become untransferable. You represent and warrant that you have done sufficient research before making any decisions to sell, obtain, transfer, or otherwise interact with any NFTs or accounts/collections.
We do not have ownership or control of the smart contracts deployed by third parties, and are not responsible and make no guarantees regarding their operation and functionality.
We do not control the public blockchains that you are interacting with and we do not control certain smart contracts and protocols that may be integral to your ability to complete transactions on these public blockchains. Additionally, blockchain transactions are irreversible and Trumart has no ability to reverse any transactions on the blockchain.
There are risks associated with using Internet and blockchain based products, including, but not limited to, the risk associated with hardware, software, and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to your third-party wallet or Account. You accept and acknowledge that Trumart will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using the Service or any Blockchain network, however caused.
The Service relies on third-party platforms and/or vendors. If we are unable to maintain a good relationship with such platform providers and/or vendors; if the terms and conditions or pricing of such platform providers and/or vendors change; if we violate or cannot comply with the terms and conditions of such platforms and/or vendors; or if any of such platforms and/or vendors loses market share or falls out of favor or is unavailable for a prolonged period of time, access to and use of the Service will suffer.
Trumart reserves the right to hide collections, contracts, and items affected by any of these issues or by other issues. Items you purchase may become inaccessible on Trumart. Under no circumstances shall the inability to view items on Trumart or an inability to use the Service in conjunction with the purchase, sale, or transfer of items available on any blockchains serve as grounds for a claim against Trumart.
K.Y.C. / A.M.L. / K.Y.B. / U.B.O. / etc..
COLLECTORS
FAQ
WHY BUY?
Millions of crypto enthusiast worldwide struggle to find exciting and collectible physical assets. The struggle is real, in a world where fees at every turn and lack of interest in current offerings crypto investors have no where to turn for transparency, trust and a chance to convert their hard earned investments into physical collectibles from some of the worlds leading merchants. Trumart Storefronts gives every crytpo enthusiast the chance to not only buy their dreams, but touch them as well. Trumart Storefronts: Buy directly from real world merchants!
BURN AND REDEMPTION
The redemption process is a way for people who have invested in tokenized assets to eventually take possession of the physical item that their asset represents. Here’s how it works step by step:
Contact the issuing vendor: The first step is for the customer or owner of the OWNER’S Token to contact the issuing vendor to request information on claiming the physical asset. This includes questions about any taxes owed and how much it will cost to ship or transport the physical item.
Burning a NFT: After the NFT is sent to the Burn Wallet address, it is burned. This means the link to the blockchain is terminated, and the customer can take possession of the physical item.
Work out logistics with the Vendor: The customer must work out the shipping or transportation logistics with the vendor, and claim their physical asset. It’s important to communicate with the vendor about any questions or concerns, such as shipping timelines, taxes, and fees.
Receive the physical item: Finally, once the vendor has verified the details of the redemption request and ensured that the physical item matches the details of the tokenized asset, they will ship the physical item to the customer. The blockchain detail will always be available online.
Overall, the redemption process provides an added level of security and transparency to the transaction, as the vendor must verify the details of the redemption request and ensure that the physical item matches the details of the tokenized asset before shipping it to the customer.
MERHANTS: Pass your FREE ComplyCube's K.Y.B.(know your business) global verification program to start selling instantly to the $1.7 Trillion dollar crypto market.
Trumart: Crypto's Answer To Craigslist And Ebay
Beta: No sales honored: Testing Only Beta: No sales honored: Testing Only Beta: No sales honored: Testing Only
Satisfy Global kyc/kyb Requirements
Global Regulations
Trumart’s innovative platform revolutionizes compliance for regulators seeking bad actors.
Transparent blockchain transactions, identity verification and crypto wallet registration to the user are what make Trumart a trusted partner with governments worldwide.
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Customerservice@Trumart.com