<<  >> (p.15)
    Author Topic: 💥⭕️[ANN] Fair Ninja - 1st Worldwide Classifieds Marketplace Using Blockchain⭕️  (Read 6292 times)
    smith4cris
    Jr. Member
    *
    Offline

    Activity: 238
    Merit: 6

    Some people live their dreams...destiny passes by.


    View Profile
    May 21, 2018, 03:23:50 PM
     #281

    So it means that fair ninja will finance first what the buyer want to buy using yoshi token and then buyer will payback the fair ninja also by yoshi token including the shipment fee!? And when the goods or items recieve by the buyer and in case that the buyer didn't like it they have the chance to return and the trust logics will also return the token from the buyer!!! Unlike to other marketplace around that don't have the chance to return the items, epic isn't it?

    I don't think this will be the case. As I understand it, Seller has his price on the item for sale, this may or may not include shipping fees some offer it with free shipping. If a buyer is willing to buy he will click the portion buy and a standard smart contract will be provided then the amount that the buyer needs to pay plus any charges to be included will be billed to buyer. Buyer will now click the payment options and pay using his crypto wallet address. This will be deposited to Fair Ninja for safe keeping at the moment until the buyer receives the item in good condition. Once item is received without any complains or the item is not returned within the period stipulated in the smart contract, Seller will receive the Payment in Full. The concept is similar to escrow payment in Real Estate, where the payment is put in a bank in escrow until both parties fulfilled their obligation.

    Concern in the said transaction in case item is returned. I believe this will depend on what is agreed upon or what will be the standard set up by Fair Ninja.

    L I N A   R E V I E W   ⚫●.  __COMMUNITY-DRIVEN REVIEW PLATFORM__
    █ ▌   PARTICIPATE NOW   ▐ █ (https://lina.review)
Page 14
Viewing Page: 15