Buyaladdin, the crypto e-commerce platform, announces a newly-forged partnership with Edison Nation. The main goal of Edison Nation is to connect innovators with companies to bring new products to the market, as stated on their website. Their goals are in line with what Buyaladdin is trying to achieve.
Buyaladdin is the first-ever multi-payment shopping service system in the world. The payment system enables users to have more options when picking their method of payment when purchasing online products. They have the freedom to use either of the following—fiat currency, credit cards, and cryptocurrencies like Bitcoin, Ethereum, and ABBC Coin.
Edison Nation, on the other hand, is an inventor ecosystem. The company’s main aim is creating new and innovative consumer products. Their business consists of innovation sourcing, design, sales, fulfillment, and shipping services. The business model is to source innovative ideas for internal launch or license these ideas to their brand partners. This is something that Buyaladdin aims to capitalize on. This partnership can generate ideas and new possibilities to enhance Buyaladdin’s ecosystem and status.
According to Buyaladdin CSO, Geun-Woo Lee, “Buyaladdin is an ideal partner to support Edison Nation’s DTC foray into Asia, because we’re the first and only online shopping platform to accept crypto as a payment method.”
He also mentions that they are very excited about this partnership. “We’re excited to add Edison Nation’s products to our growing global marketplace. Not only are our shoppers going to love Edison Nation’s clever, fun and sometimes quirky products, they’re going to be ecstatic that for the first time they can purchase them using crypto,” he says.
According to a recently published article on Business Wire, Edison Nation partnered with Buyaladdin to extend its direct-to-consumer reach into Asia. Buyaladdin is an emerging e-commerce player that has integrated with more than 100 major retailers worldwide—including Amazon, eBay, Coupang, Rakuten, Allegro and Lazada—to offer a wide variety of high-quality products. By partnering with Edison Nation, Buyaladdin brings its first community of innovators and their exciting products into its marketplace.
About Edison Nation, Inc.
Edison Nation, Inc. (EDNT), is an inventor ecosystem driving IP, media and innovative consumer products. Edison Nation offers innovation sourcing, design, sales, fulfillment and shipping services. Edison Nation’s model is to source innovative ideas for internal launch or license to brand partners. Throughout 2019 and beyond, Edison Nation looks to establish prominence in the media space through its television show “Everyday Edisons” and additional properties. For more information, please visit www.edisonnation.com.
Buyaladdin.com, Inc., headquartered in Delaware, USA, with R&D and Service Centers located in Dubai, UAE, is the first-ever multi-payment shopping service system in the world. The payment system allows global buyers absolute freedom in choosing their method of payment among fiat currency, credit cards and crypto-currency.