Typerium aims to change this by bringing about smoother transactions and a better online experience for both buyers and sellers. Its platform will leverage the Ethereum blockchain and smart-contract functionality to create a universal and decentralized trust and reputation system. This will give each party more information when they conduct transactions, help to reduce fraud and make it easier to resolve any conflict. On top of this, Typerium will have a seamlessly integrated mobile payments solution that takes advantage of the latest technology developments.

The Typerium Creative Marketplace will use its own wallet and currency, the TYPE Token, and feature the trust and reputation system, as well as the integrated mobile payment solution mentioned above. Over time, these systems will be expanded to third-party retailers so that they can also take advantage of the increased functionality and lower costs that come from using the Typerium system.

Although 'TYPE' was the ticker assigned at the deployment of the Typerium Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'TYPERIUM' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.