I am trying to buy crave for crave market. I collected 9000 crave. If i get 1000 crave more it ll happen. I ll be the first operatör in the market
wow nice, you almost there
what do you guys think how profitable would be to run a market? i understand that market owner can set up fee and that will generate profits. will there be certain % of sales that goes to market owner? what about vendor collateral amount of 100Crave, will it belong to market owner or it will be hold as insurance against fraud? sry didn't understand that part totally
From what I understand, vendor bond amount is determined by the market operator. So there will be a competition in that. More market operators would like to set low bond amount to lure vendors in. Also market operators will get the transaction fee they set, so there will be a competition on that too.
Let's say I opened a market with 500 CRAVE vendor bond amount and I said I would take %5 of the deals. Than olcaytu2005 comes and says the vendor bond amount in his market is only 250 CRAVE and he would only take %4 of every transaction. Competition = better service, lower prices = liberal economy.
I don't know about the insurance part but I guess it won't because market operator will pass the transaction after getting confirmation that the goods arrived. I believe as long as the locked amount is there seller is able to "sell" and put orders.
About the profitibility, only time will tell. I am hoping to see an easy to use marketplace with a cool design. As long as we spread the word and actually start to sell things ourselves, why not? I wouldn't expect a good return in one year, but as more vendors and markets are in the scene, it will (profit) definetly keep rising.
Anyway, we will understand and learn more when it releases. I am so excited.
By the way, we discussed this before but I really like the idea of having a market operator as a middleman. The trustless, "decentralized" markets doesn't fit in my logic, its just not realistic to me. There are thousands of ways abusing such a deal.
This thread have always hundreds of trolls.
Buy and hold, dont panic!
Agreed. Stake or let your mn's pay you nice income.
