Web3Bay Raises $1M, Revolutionizing E-commerce

The decentralized commerce revolution is underway, with Web3Bay leading the charge. The platform, which aims to redefine e-commerce by providing a transparent, user-controlled marketplace, has secured over $1 million in funding in a remarkably short period. This innovative approach to buying and selling digital assets has gained significant momentum, as users seek more control over their online transactions.

Meanwhile, Chainlink bulls are striving to maintain LINK’s price above the $22 mark, aiming to prevent a decline to $20. The asset saw a 103% increase in transaction inflows over 24 hours, yet it faces a 53% drop on a weekly basis, indicating mixed market signals. The web3 space is buzzing as Humanity Protocol recently raised $20 million to revolutionize online identity verification, further fueling the decentralization movement.

In the realm of identity verification, Humanity Protocol has successfully obtained $20 million to broaden the scope of its palm-scan authentication services. With significant investments from entities like Pantera Capital and Jump Crypto, now valued at $1.1 billion, it’s clear there is robust interest in decentralized identity solutions. The goal of Humanity Protocol is simple yet profound: to verify human identity online without compromising personal data, addressing issues from fraudulent accounts to bot-driven scams.

Web3Bay operates on a Layer-1 blockchain, ensuring transactions are secure, transparent, and genuinely owned by users. Without intermediaries, every transaction is recorded permanently, preventing any manipulation. Although security is paramount, scalability is equally critical for maintaining low fees and fast transactions as the platform expands. With auto-scaling technology, Web3Bay adapts in real-time to growing user demand.

In this user-driven model, token holders have the ultimate authority, voting on policy changes, updates, and partnerships. With plans to renounce smart contract ownership post-presale, Web3Bay isn’t just promising decentralization—it’s ensuring it. Once this phase is complete, not even Web3Bay can alter the community-driven decisions. This blend of robust blockchain technology and decentralized governance ensures that as Web3Bay grows, it maintains fairness and security.

The current presale price of 3BAY is $0.00456, set to launch at $0.1959, positioning early participants for a potential 4,200% ROI