In a landmark move poised to reshape online commerce in the UAE, Ayshei.com, an innovative web3-enabled marketplace backed by Medad Holding and prominent investors, is gearing up for an official launch in early 2024. Capitalizing on the anticipated expansion of the UAE e-commerce market, projected to reach $17.2 billion by 2027, this disruptive platform aims to provide a space for users to engage in buying, selling, and bidding on products and services, ushering in a significant evolution in the digital marketplace landscape.
Revolutionary Features and Vision
Ayshei, which translates to ‘Anything’ in Arabic, will incorporate cutting-edge features such as online auctions, virtual stores, delivery services, and AI technology, among other distinctive solutions. Positioned as an all-encompassing solution for secure transactions and communications, the platform caters to the diverse needs of the community.
Empowering Businesses and Fostering Innovation
CEO of Ayshei, Mohammed Shaiba Al Mazrouei, emphasized that Ayshei.com represents more than just a marketplace—it signifies the dawn of a new era for online commerce in the UAE. Al Mazrouei stated that the platform empowers businesses, fosters innovation, and creates a thriving community. As the first platform to provide full transparency on fee structures and onboarding processes, Ayshei invites users to become early adopters and join the Ayshei Community, a space where limitless opportunities await.
Beyond Traditional Marketplaces
Ayshei distinguishes itself by positioning as a market enabler for SMEs, startups, and home businesses. The platform will offer an all-in-one virtual store, providing essential services such as a trade license, bank account, payment gateway, logistics (including end-to-end self-storage), and delivery. This approach aims to empower businesses to establish and flourish in the digital realm.
Web3 Technology and User Security
Being a decentralized platform leveraging web3 technology, Ayshei prioritizes user security and transparency. The platform implements multiple security measures, including profile verification through Emirates ID, UAE Pass integration, high-value product authentications, advanced transaction monitoring, property and car inspections.
Introducing intelligent solutions in real estate, auctions, and other domains, Ayshei sets itself apart by adopting a unique open auction model, ensuring users secure the best deals for their products.
Ayshei places community at the core, offering next-generation retail networking features. With a primary focus on classifieds and auctions, users can anticipate a continuous rollout of additional features throughout the year, reflecting Ayshei’s commitment to innovation.
In conclusion, Ayshei.com emerges as the first UAE-based Web3-enabled online marketplace, providing users with an innovative platform for buying, selling, and bidding on products and services. With features encompassing AI, delivery, auctions, virtual stores, and more, Ayshei aims to offer an all-in-one solution for secure transactions, revolutionizing the way SMEs, startups, and home businesses operate in the digital landscape.