View details of this raise on Seedstage

Seattle, WA

Expanding a Bitcoin-native marketplace for community-driven commerce.

• Community-Driven Commerce: Facilitates peer-to-peer sales for local producers and artisans.
• Censorship-Resistant Infrastructure: Operates on Nostr protocol with Lightning Network payments.
• Regulatory Compliance: Focuses on adhering to federal, state, and local regulations.
• Product Expansion: Plans to expand marketplace offerings to three or four products by next year.
• Innovative Business Model: Leverages proprietary source code for ease-of-use and innovative solutions.

Shopstr Markets is expanding its online marketplace to support local producers and artisans in selling goods directly to their communities. The company aims to enhance community-driven market economies by providing a platform that facilitates peer-to-peer commerce. Shopstr Markets plans to use the proceeds from its fundraising to expand its service areas and product offerings, focusing initially on raw milk and other restricted commerce categories. The company leverages its proprietary source code and content to offer innovative and user-friendly solutions to its customers.

The company’s strategy includes increasing gross merchandise volume to drive revenue growth through fees and premium tools for community merchants. Shopstr Markets operates on the Nostr protocol with Lightning Network payments, creating a censorship-resistant commerce infrastructure. The company is committed to iterating on its products to appeal to its customer base and plans to expand its marketplace offerings from two to three or four products by next year. Shopstr Markets also focuses on regulatory compliance to ensure smooth operations across different jurisdictions.

Company Info

Shopstr Markets offers a Bitcoin-native marketplace for local producers to sell directly to their communities, focusing on restricted commerce categories.

Shopstr Markets provides an online marketplace that enables local producers and artisans to sell their goods and services directly to their communities. The platform operates on a voluntary take rate and delivery fee model, allowing sellers to reach consumers without the typical barriers imposed by traditional e-commerce platforms. By leveraging Bitcoin and Nostr protocols, Shopstr Markets offers a permissionless commerce infrastructure that supports transactions across various product categories, starting with raw milk.

The company aims to foster community-driven market economies by expanding its service areas and product selections. Shopstr Markets focuses on restricted commerce categories where demand exists but traditional platforms fail to serve, such as raw milk. The platform’s unique approach includes end-to-end encrypted communications and Bitcoin payments, providing a censorship-resistant environment for both buyers and sellers. Shopstr Markets plans to scale its operations by expanding into adjacent restricted categories, thereby broadening its impact on local commerce.