Idea πŸ’‘

Paramerch is not only an internal merchandise delivery service. It is an in-house brand of clothing and accessories. It aims to shift to a more sustainable approach by designing simple and practical items. These items are produced from durable materials and sourced from local manufacturers.

Core principles

Tokenomics πŸͺ™

In our age of decentralization and the rise of tokenomics, we decided to apply this approach and use made-up currency (coins or points). These tokens serve as awards and incentive mechanisms for the employees. Such socially useful things as mentoring, launching new products, participation in internal projects and public speaking are not forgotten but always encouraged.

An experienced reader can see in this DAO, so kind of. Employees is peers and the Paramerch team is the β€œDAO Committee”. Peers can create a proposal that they commit socially useful off-chain action so DAO Committee can initiate an on-chain transaction. The committee allowed revoking the transaction, as well. So in simple words, it acts as a guarantor.

prm-3.png

Technology radar πŸ“‘

For a long time, we have been thinking about how we can make the application fast, simple and affordable. And the Jamstack architecture fits our requirements perfectly!

Why Jamstack? πŸ€”

Comparison of Jamstack with classic Architecture

Comparison of Jamstack with classic Architecture

Stack πŸ“š

For the front-end, we decided to choose Next.js using these serverless functions.