What is multifunctionality?

MULTIFUNCTIONALITY: The combination of a system with more than 1
function. A nuance to consider is that a current project should not settle for a
single function. While this is important for any field, this kind of
multifunctionality is most often seen in fintech or e-commerce. The trading
power of the existing platform, target audience, reach and many metrics are
the basis for a system to include multiple features.
Our most important differentiator with MyBid has been to create these benefits
for both sellers and buyers. Not only is it the easiest form of online shopping in
the system, but also the ability to buy and sell existing products in a variety of
ways. Selling goods online, putting them up for auction, reselling them as
second-hand advertising, holding repeated auctions online - all this shows that
the system is both seller and buyer-oriented.
At the same time, the system of bonuses and cashback, as well as passive
income from published ads allow to realize the multifunctionality of the
platform. The various payment methods offered to the buyer when making a
payment show that the platform is necessary for everyone.