It sound good project , more or less like auction of used goods on blockchain since it will enable users to securely and transparently sell their used items on multiple second-hand markets at the most appropriate time through their personal item inventories.
Hi abanansah, it is nice that you like our project. You presented a short sum up of our Inventory pillar, but we shall not forget that there are also Discovery and Loyalty pillar of Eligma that aims to holistically address recognized issues. Here is slightly more detailed explaination of Inventory pillar:
Eligma will create a blockchain-tracked Digital Item Profile (DIP) for every item purchased through the platform, where users can store several
records, including Proofs of Purchase. Every DIP will be automatically written into the user’s inventory. In order for the user to
have an overview of all the items in his household, he will also be able to manually add elsewhere purchased items.
Within the inventory, users will be able to see the AI-predicted current and future item value. Eligma’s household trading agent will notify users when the best time to sell the product is. It will automatically generate and publish listings on selected second-hand online stores with a single click. If a user chooses to replace that product, Eligma will even propose a suitable replacement.
To make C2C transactions safer for the user, Eligma will offer two solutions to both trading parties. With its Escrow service, Eligma will act as a trusted intermediary and ensure fairness of contractual terms. The second option is a completely decentralized sale on the blockchain, where both parties will make a deposit into a smart contract as a guarantee. These deposits and the buyer’s payment will remain locked until the contract terms are fulfilled.
https://www.eligma.io/forum/inventory.png