Hey guys,
I haven't been very active on the forum lately but wanted to share what I've been working on because it might be of interest to you guys.
We're building a maximally decentralized P2P marketplace on Ethereum L2s. Think
"What OpenBazaar should've been" or, for those who weren't around for OpenBazaar, "craigslist with crypto" or "the forum but decentralized".
The flow will be familiar to people from this forum -- funds are held in a 2-of-3 escrow multisig with the buyer, seller and 3rd party arbiter (right now it's a person designated by the seller, but can also be any arbitrary smart contract or AI).
From the buyer's perspective, if you already have an ETH wallet, it's the smoothest eCommerce user experience ever. Literally just put in your mailing address and confirm the payment transaction. No registration needed.
If you have funds on Base, you can test it out by buying a ~$2 sticker
here.
Currently, the frontend is centralized because we are still very early stage. But it's not hard to build alt frontends, embed it in your existing website, or host storefronts on decentralized storage like IPFS or Arweave.
Key features:
* Escrow contracts
* Completely non-custodial
* End-to-end encryption between buyer and seller
* sibyl-resistant review system
* Zero fees
* Optional referral rewards to people who share links to your storefront
Features we're building:
* Curation storefronts -- you can list other people's items in your shop and get a referral fee from purchases
* Auctions -- we're using an auction model similar to
GBM auctions, which provides small rewards to people when they get outbid. This should incentivize people to bid early.
* Gamified reviews -- if you think an item or storefront is awesome, you can provide a good review and get upside in future sales from the storefront.
* Private reviews
* Easy self-hosted storefronts
Here's an example of my storefront, which has some crypto collectibles listed for sale.
https://www.ump-eth.xyz/listings?address=0x466ab34C8960f1bA5A9fE9A8FA575b85800BDE65If you connect your wallet and click the share link button on my storefront, it will generate a ref link that gives you 10% of the sale price from anybody who uses your link.
Right now we're looking for sellers who want to set up storefronts and sell stuff for crypto.
We are offering generous incentives to sellers. Currently, we're deployed on Base mainnet. If you have questions or stuff you think ETH users would buy, please hit me up here, on
X or in our
Discord.
I'm also in TCC discord.
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