Discovering the E1 Store: Entrepreneur One Exchange Exclusive To Markethive

A unique opportunity for our valued Markethive associates.

Markethive is on the verge of a groundbreaking launch: the E1 Store, officially called the Entrepreneur One Exchange (E1X). This highly anticipated platform marks a significant step forward for the entire Markethive ecosystem. The successful development and ongoing progress of Markethive's diverse platform have been driven by the unwavering dedication and consistent support of its Entrepreneur One members. Their commitment, shown through reliable monthly or yearly subscriptions, has provided the essential resources and stability needed to drive Markethive's innovation and growth in every area. 

Markethive’s E1 associates have consistently benefited from the Entrepreneur One Upgrade (E1) and are poised for continued prosperity, a testament to their dedication and visionary entrepreneurship. A key component of this is the Incentivized Loan Protocol (ILP), which uniquely generates one-tenth of an ILP annually as long as the subscription remains active. This allows Markethive associates to build lasting wealth through dividends, receiving 20-25% of Markethive’s net profit.

The E1X acts as a central hub, encouraging collaboration and commerce within the entrepreneurial community. This initiative further empowers Markethive members and enhances the company's leadership in its industry. The Entrepreneur One (E1) subscription, which provides ongoing and profitable rewards, will no longer be directly available through Markethive. Instead, it can be purchased through the E1 Store. This unique platform is run by existing E1 members who want to sell or auction their accounts, providing an exceptional opportunity for new members to join and enjoy the many benefits of the E1 Upgrade.

Selling and purchasing E1s through The Markethive E1 Store

The E1 Store is a versatile and transparent marketplace for trading E1s, designed to serve both sellers and buyers with a variety of options and straightforward pricing. It features an intuitive user interface and provides real-time reporting indicators for all auction and 'buy it now' activities. These indicators deliver instant updates on transaction statuses, improving the user experience and helping users make better-informed decisions when buying or bidding on E1 subscriptions.

Sellers can list their E1s through two different methods, enabling them to select the option that aligns best with their preferences and urgency:

• Auction: This dynamic option allows sellers to put their E1s up for auction, where the final price is determined by competitive bidding among interested buyers. This can be an effective strategy for potentially maximizing returns, especially for highly sought-after E1s.
• Buy It Now: Alternatively, sellers can opt for a more straightforward approach by listing their E1s at a predetermined fixed price. This method offers predictability and can be ideal for sellers who have a specific value in mind for their E1s and prefer a quicker, less volatile transaction.

Markethive recognizes that buyers may have different financial preferences, so it provides two convenient payment options for purchasing E1s.

• Monthly Payment Option: Buyers can opt for a recurring monthly payment of $100. This plan provides flexibility and allows buyers to spread the cost of their E1s over time, making them more accessible.
• Yearly Payment Option: For buyers who prefer to pay upfront and save, an annual payment plan is available for $1000. This option provides a substantial financial benefit, offering a 17% discount compared to paying monthly over a year. This makes the yearly plan an appealing choice for those aiming to maximize their investment.

To ensure the smooth operation and maintenance of the Markethive marketplace, a 10% transfer fee is applied to all E1 sales. This fee is a standard charge and is factored into the overall transaction cost, ensuring the sustainability of the platform and its services.

Currencies Used for Transactions

Within the comprehensive Markethive ecosystem, a variety of transactions are supported, including both dynamic auction-based sales and those at fixed prices, such as the buy-it-now option. To maximize flexibility and user convenience, all such transactions can be smoothly processed using various accepted payment methods. 

These include Hivecoin (HVC), the cryptocurrency central to the Markethive platform, along with well-known cryptocurrencies such as Bitcoin (BTC) and Solana (SOL). Additionally, Markethive Credits (MHC) function as a proprietary payment method. It is important to note that each Markethive Credit is directly and stably equivalent to one US Dollar (USD 1), offering a clear and consistent value for all transactions.

Understanding "Months Until 0.1 ILP Accrued" on E1 Accounts

When browsing the available E1 accounts in the store, a key detail you'll encounter is "Months to 1/10 ILP." This metric serves as a crucial indicator for potential buyers, revealing how close an E1 account is to accruing 0.1 of an ILP. It specifically signifies the remaining number of monthly payments on the current 12-month subscription that need to be completed before this specific ILP increment is earned. Once these payments are fulfilled and the 0.1 ILP is accrued, it is automatically transferred to the new owner upon the E1's successful sale.

Let's break down what this means with a couple of examples:

• "Ten Months to 0.1 ILP": If an E1 listing prominently displays this phrase, it informs the buyer that they will be responsible for completing ten additional months of subscription payments. Only after these ten payments are successfully made will the 0.1 ILP linked to that E1 account be fully earned and then transferred to them. This ensures transparency about the commitment needed to realize the ILP benefit.
• "One month to 0.1 ILP": Conversely, an E1 account showing "one month" is nearing the end of its ILP accrual period. This means a significantly shorter payment obligation for the buyer; only one more month's payment is needed for the 0.1 ILP to be accrued and transferred. Such a listing might be especially appealing to buyers seeking a quicker return on their ILP investment.

This "Months to 0.1 ILP" metric is therefore crucial for buyers to evaluate the value proposition of each E1 account beyond its immediate features. It helps them consider the time and payment commitment needed to achieve the ILP, which can be a significant incentive for users aiming to maximize their long-term benefits within the platform. Understanding this metric supports informed purchasing decisions, aligning with individual buyer preferences regarding immediate access to ILPs versus a longer-term accumulation strategy.

‘Buy It Now’ vs. ‘Make an Offer’

When you choose the ‘Make an Offer’ option, you are initiating a direct negotiation process with the seller, akin to the traditional practice of bargaining in a marketplace. This signifies your genuine interest in acquiring the item, in this case, the E1, but at a price point that is lower than the seller's initially stated asking price.

Upon submitting your offer, the ball is then in the seller's court. They have several options available to them:

• Accept your offer: If the seller finds your offer agreeable, they can simply accept it, and the transaction proceeds at your proposed price.
• Propose a counteroffer: If your initial offer is too low for their liking, but they are still willing to negotiate, the seller can present a counteroffer. This is a new price point that they deem acceptable.
• Decline your offer: The seller also retains the right to outright decline your offer if it's significantly below their expectations or if they're not interested in further negotiation.
• If the seller does nothing, your offer will eventually expire.

Should the seller propose a counteroffer, the negotiation then returns to you. You are then presented with the opportunity to:

• Accept the counteroffer: If the seller's counteroffer is within your acceptable range, you can agree to their proposed price.
• Respond with a new offer: If you're still not satisfied with the counteroffer, you can submit yet another offer, continuing the negotiation cycle.
• Decline the counteroffer: You can also choose to decline the counteroffer, effectively ending the negotiation..

This back-and-forth exchange continues until both parties agree on a mutually acceptable price, or until one party decides to withdraw from the negotiation. This process offers flexibility and the potential for a better deal, contrasting with the fixed-price nature of a ‘Buy It Now’ purchase. It requires patience and a willingness to engage in dialogue to reach a satisfactory outcome.

Auction Room Protocol - What is a 'Max Bid'?

The 'Max Bid' feature in our auction room helps make bidding easier and increases your chances of winning the E1 without needing to watch it constantly. It works as an automatic bidding tool that allows you to set the highest price you're willing to pay. When you place a 'Max Bid,' you're instructing the system to automatically bid on your behalf, increasing your bid incrementally up to your specified maximum amount. The system will only bid enough to keep you as the current high bidder.

Let's illustrate this with an example:

• Suppose your Max Bid for the E1 is $500.
• The current bid on the item is $100.
• Another member places a bid for $103.

In this scenario, our system will automatically place a bid for you at $104, making you the current high bidder. This process continues, with the system outbidding other participants by the smallest possible increment, until one of the following occurs:

1. You Win: If no other bidder exceeds your Max Bid, you will win the E1 at the lowest possible price that is still above the second-highest bid.
2. Your Max Bid is Exceeded: If another member places a bid that is higher than your Max Bid, the system will no longer bid on your behalf, and you will be outbid. At this point, you have the option to place a new, higher Max Bid if you still wish to pursue the sale.

Important Considerations:

• Irrevocable Bids: Once your Max Bid is placed, it cannot be retracted. This is a crucial aspect of maintaining fairness and integrity in the auction process. Therefore, please ensure you are comfortable with your bid amount before confirming.
• Privacy: Your maximum bid amount is kept confidential and is not shared with other bidders. They will only see the highest bid currently placed, not your maximum willingness to pay.
• Strategic Bidding: The Max Bid feature allows you to participate in auctions even when you are not actively online. It can be a powerful tool for strategic bidding, ensuring you don't miss out on an item due to timing or oversight.

Understanding and utilizing the Max Bid feature effectively can significantly enhance your auction experience, making it more efficient and rewarding.

The E1 Store - Wanted Section

The "Wanted" section within the E1 Store serves as a dynamic marketplace for members seeking to acquire E1 accounts. This dedicated area facilitates connections between prospective buyers and sellers, offering a streamlined process for transactions.

Members interested in purchasing an E1 account can leverage the "Wanted" section to post their specific requirements. When creating an advertisement, buyers are encouraged to clearly state their desired price range, providing transparency and attracting relevant sellers. This proactive approach allows buyers to outline their ideal E1 account specifications, including factors like remaining months or any specific features they prioritize.

To accommodate varying needs, the E1 Store offers flexible options for "wanted" ad durations:

• One-Day Advertisement: This option is entirely free of charge, making it an excellent choice for members with immediate needs or those who wish to test the waters before committing to a longer posting.
• Extended Durations: For members seeking a more prolonged presence in the marketplace, longer advertisement durations are available. These extended postings incur a nominal charge, the details of which are typically outlined within the E1 Store's pricing structure. The extended visibility can significantly increase the chances of finding a suitable E1 account.

A key feature of the "Wanted" section is its emphasis on direct communication. Once a "wanted" ad is posted, interested parties – typically sellers with available E1 accounts – can directly message the ad poster. This direct messaging system streamlines negotiations, allowing buyers and sellers to discuss terms, ask questions, and arrange the transfer of the E1 account privately and efficiently.

To improve the user experience and facilitate efficient browsing, the "Wanted" section features strong filtering options. These filters allow members to narrow down their search criteria, ensuring they only see listings that match their specific preferences. For example, a popular filter enables members to search for E1 accounts with the fewest remaining months. 
 
The E1 Store's "Wanted" section essentially acts as a central hub for the E1 community, providing a transparent and efficient platform for buying and selling E1 accounts. Its user-friendly design, versatile advertisement choices, and practical communication tools make it an essential resource for all members.

Below are the specifications for Sellers and Buyers in a bullet point list. 

Seller Specifications

• The seller must have an active Entrepreneur One account, or more than one, to sell.
• The seller can only list E1 accounts singularly. Cannot sell E1s in batches of 2 or more.
• The seller sets a reserve price. If the reserve price is met by bid or offer, the E1 sells.
• When an E1 account sells, it automatically transfers to the buyer.
• When an E1 transfers, it does not include the already earned ILPs or coins.
• When an E1 sells, it does carry the earned months toward the ILP yearly award.
• The seller decides what currency is accepted.
• The currencies the seller can set are Markethive Credits, (MHC) Hivecoin, (HVC) Bitcoin, (BTC) and Solana (SOL).
• Listed E1s for sale reveal the earned months towards the ILP yearly reward.
• The seller decides to run an auction, buy it now, or both.
• The seller sets a "reserve" price, a “Buy It Now” price, or an open offer with no reserve.
• Auction bids run for seven days.
• 'Buy it now' runs for ten days.

Buyer Specifications

• The buyer must be KYC-approved.
• The buyer can bid against others bidding in an auction.
• The buyer can make an offer if the auction has no previous bids.
• If the offer meets the reserve or exceeds it, the sale occurs.
• All sales are final.

Site Specifics

• New sale offers are listed at the top. Most recent first, oldest last.
• Listing can be sorted by the lowest price
• Listing can be sorted by the highest price

The Purpose of The Entrepreneur One Exchange

This innovative approach exemplifies the cottage industry concept in action, showcasing one of the many "money machines" Markethive offers to empower its entrepreneurs. Markethive is dedicated to distributing its profits directly to its vibrant community and is committed to helping individuals shape their destiny and strengthen their financial footprint, fostering a shared prosperity model that challenges traditional corporate structures.

In response to the evolving global economic landscape, Markethive is diligently implementing a community-centric business model. This groundbreaking framework democratizes entrepreneurship, making wealth-building opportunities accessible to individuals regardless of their financial starting point. It breaks down barriers that have historically confined such prospects to prominent venture capitalists, opening doors for a diverse array of aspiring entrepreneurs.

As a truly decentralized platform, Markethive is fundamentally supported by advanced blockchain technology and powered by the transformative potential of cryptocurrency. This solid foundation positions Markethive as the future of social market broadcasting. It offers a comprehensive, integrated system designed for long-term success, promoting genuine financial independence and fostering a strong sense of community. By seamlessly combining these elements, Markethive aims to revolutionize how we interact with social media, implement inbound marketing strategies, and participate in e-commerce, setting a new benchmark for online business and community engagement.