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E-commerce startup gains immediate investment through StartEngine

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E-commerce startup gains immediate investment through StartEngine

ECXTECH aims to level the playing field through innovative online marketplace

PR Newswire

RENO, Nev., Aug. 14, 2018 /PRNewswire/ -- A little-known startup gained immediate traction through the crowdfunding platform StartEngine when it launched its crowdfunding campaign earlier this month. ECXTECH is building a decentralized e-commerce platform and aims to bolster brick-and-mortar businesses by rethinking the online marketplace.

Its platform is called Condotto, meaning conduit, and plans to change the landscape of e-commerce by reducing barriers for both sellers and buyers by using patent-pending distributed ledger technology. Using patent-pending distributed ledger technology, the project expects to create the world's largest "global inventory management system." This system will allow the sale of goods, services and digital inventory. Any merchant or supplier with the ability to dropship will be able to use Condotto.

"Our goal is to provide a platform where sellers and buyers can connect directly through a web of socially connected, user-generated virtual storefronts, where users can list services, products or anything else they would like to sell," says Ryan Cullins, CEO of ECXTECH.

The Condotto team launched its StartEngine campaign to give access to ownership in the company to anyone interested in investing in practical blockchain technology companies ready to solve real problems. Investors can also use bitcoin to invest.

StartEngine is a crowdfunding site with a mission to "help entrepreneurs achieve their dreams by providing democratized access to capital." For details about the fundraiser and terms of investment, visit the company's campaign page at www.startengine.com/ecxtech. For more information on ECXTECH, visit ecxtech.io

About ECXTECH

ECXTECH's mission is to open an online marketplace for both sellers and buyers using patent-pending distributed ledger technology. At ECXTECH we believe there should be an online marketplace that is truly open and fair – a platform where anyone can compete and are empowered to succeed. Our flagship product, Condotto, is that platform. Condotto expects to connect sellers with buyers directly -- without becoming the middle-man. Condotto, meaning conduit, streamlines the marketplace and is an ideal tool for small and medium-sized businesses, brand influencers, manufacturers and suppliers, i.e., everyone. For more information, visit www.ecxtech.io.

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SOURCE ECXTECH

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