After 6 years, it appears that this implies that the cryptospace does not need a decentralized marketplace. There were also people in the community that described Openbazaar as something similar to a webbrowser for a very small segment of users. Thy are slowly proven to be correct.
Hey bud I donated what I could, because as a crypto-marketplace owner, I feel your disarray, but I think this has nothing to do with decentralisation.
My best guess is that our industry is still in its "earning & learning & holding" phase, and certainly not the spending phase.
I started a Bitcoin luxury marketplace back in 2016 when 1 btc was worth $600.
I would have never expected that $20k rally to happen so quickly. Neither its downfall.
A couple of years forward, we do have some users buying and selling art, or even luxury items in crypto, so that aspect of my bet turned out positive.
That being said, our overall numbers are nothing to brag about, and certainly worth walking into a VC with. Otherwise, my concept ( and yours ) would have been replicated a thousand times already, by people with way deeper pockets than ours.
I'm still positive there will be a vast market for crypto-marketplaces once Bitcoin's marketcap hits a certain threshold
I just don't think that threshold has yet been met, but, once that happens,we'll already have seniority, press, and trust, which ( in this industry ) is worth way more than any money you could spend.
There's no questions about it, when we met that threshold, I'll be the first customer of crypto marketplaces ( personally, I'll consider spending when it hits $100k ) .
Because frankly, let's cut the B.S., even as founders, if we ask ourselves honestly, we'd rather hold onto our crypto than trying to spend it on whatever.
Anyway, I sent you $10 worth of BTC@
blockchain.com/btc/tx/be8e3782c1cdda4c340725df5dde1142156e62ca59da4508c9ba69fca8da9c92 because I really believe you are in the right, and that you're doing something important, even though timing is not on our side.
That being said, let me know what you think, and I'd like to have a chat with you or whatever, I really like your mission.