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Author Topic: Will u be interested in new "crypto-ebay"?  (Read 195 times)
sannyspb
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September 05, 2018, 09:20:08 PM
 #1

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?
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September 06, 2018, 05:13:19 AM
 #2

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?


Depends upon which particular coins you have in mind. Also, have you thought out the implications of crypto volatility thoroughly?

Basically, any keyboard warrior can give you feedback, and that's at most worth $0.02! So, your best bet is to construct a pilot project and see how that works; then, scale from any traction you obtain.

It's an idea that merits testing, so plan about acing the execution, especially if you can bootstrap it.  Wishing You all the best in this endeavour!

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igor.ko
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September 06, 2018, 11:39:21 AM
 #3

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?


I've already seen several platforms like that. https://neverfiat.com/ is just one of them
So there is market for such a service, how big this market is though I don't know. The only people who will use it are the ones who have some crypto already.
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September 06, 2018, 06:07:04 PM
 #4

There are a lot of websites that have done this before; your problem will be marketing your site where it will cost you a lot of money to make the products in your market attractive to the ambitions of buyers and sellers alike.
This type of investment needs money, time and patience to be profitable
It is better for you as a start to evaluate the cost of your project and the funding you can make before you start

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September 06, 2018, 06:15:43 PM
 #5

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?


that would be a great idea, good/services to cryptoexchanges could sustainably reduce the volatility of the industry, if there will be a waste protection police and a police that secures sufficient access to consumption capacities for the common man.

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September 06, 2018, 07:16:23 PM
 #6

I wish you luck in this ... E-commerce environment is not easy place..
sannyspb
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September 06, 2018, 10:09:26 PM
 #7

Thank u guys for all ur opinions.
It's just an idea, but who knows, maybe someday it will transform into real project Wink
harizen
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September 06, 2018, 10:15:27 PM
 #8

Thank u guys for all ur opinions.
It's just an idea, but who knows, maybe someday it will transform into real project Wink

The idea is great if executed properly

We need lots of services like that in crypto world. Although lots of consideration should take place before an actual success will happened, once it reached the status of being successful, surely it will bring a positive feedback.

Well then idea will remained an idea until it will goes live. Smiley

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September 07, 2018, 12:21:06 AM
 #9

With thia kind of transaction, there is only one thing in my mind. What crypto would you be using and what would be the basis of your price. The continues volatility can make the value of an item difficult if the price displayed is based on crypto. For ex. A dress worth 0.5 ETH. There would be some time that the value would be up or down. Better to have dollar as price and the conversion of crypto would be the payment.

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September 07, 2018, 06:54:45 AM
 #10

I should be very careful using crypto to buy anything unrelated to crypto, because of the volatility nature of cryptocurrencies. However I agree that you should test it out first and see whether your idea is valid. Goodluck mate!
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September 07, 2018, 08:33:38 AM
 #11

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?

I am sure there are a lot of similar projects/ICOs doing the same thing. Take a look at marketplaces like storiqa, Bazista, INS ecosystem and so on. They are already partnering with a number of production companies and the investors are having a good time with the profits. Not currently because of the bull market though. Still these these are long term hodl for the inevstors.

But does OP have something new to offer? If you are going to launch a new project it has to have certain uniqueness in its concept. Otherwise it will just not sell.

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September 07, 2018, 08:41:57 AM
 #12

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?


I will surely be interested in such idea and its going to be a cool one. But I am sure you must be aware that it might not be easy for it to be acceptable to the crypto market without some serious work in doing publicity because people still trust the established fiat market place such as Ebay, Amazon, AliExpress, ChinaBrands etc more because of the controls they have put in place to ensure customers are getting their goods.

Its not enough to create a site without ensuring that the ancillaries to ensure that the objective of the site is also put in place. For a market place like this, two things you need to get right is

1. The Escrow: Since you wont be able to control the habit of both the buyers and the sellers of the platform. This should be as a matter of that could quickly run down the site if any bad review should come from that end.

2. Shipping Logistics: This is another serious concern that you need to get right as the market will not be localised, the shipping options and then number of days, the insurance to protect the items purchased. All of that needs to be gotten right while other challenges are dealt with as they arise.

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September 07, 2018, 10:42:34 AM
 #13

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?


I've already seen several platforms like that. https://neverfiat.com/ is just one of them
So there is market for such a service, how big this market is though I don't know. The only people who will use it are the ones who have some crypto already.

The market is pretty small I think, I've seen many of these sorts of websites come and go after running for a year or so.
Take Openbazaar for example, their sales figures are really nothing to write home about.

Okay, with Openbazaar people need to actually install an app, so that's an additional action that many people aren't willing to take.
Not that e-bay like websites for crypto are doing any better though, just look at some of the listings on these websites.

https://forra.io/ (not launched yet)
https://bitify.com/  -- crap listings
https://itcoinbay.com/ -- LOL, their featured listings don't even have any bids


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peter0425
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September 09, 2018, 10:39:02 AM
 #14

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?

Of course that would be a great idea to see some service like Ebay but crypto friendly. Also there's some websites that offer crypto's as payment never had the full support perhaps because of poor marketing. I mean its a niche market, so if you target a wrong audience then your websites will not have any potential customers. So the market is not saturated so its going to be fun so see more websites offering crypto's to conduct transaction. But be sure to cover lots of issues though like shipping worldwide and the duty fees and tax as well.
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September 09, 2018, 11:21:44 AM
 #15

I think most people would agree that centralized ecommerce is not a good idea, because they are easily corruptable and if pseudo anonymous Bitcoin users, use these centralized sites, they tend to divulge their identity and then pseudo anonymity means nothing. Openbazaar already offer a good service, but the installation of software makes it complicated and less desirable to use.  Roll Eyes

Yes, we need some competition for eBay, but is another centralized service the solution?  Huh

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September 09, 2018, 11:44:50 AM
 #16

Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?


I've already seen several platforms like that. https://neverfiat.com/ is just one of them
So there is market for such a service, how big this market is though I don't know. The only people who will use it are the ones who have some crypto already.

The market is pretty small I think, I've seen many of these sorts of websites come and go after running for a year or so.
Take Openbazaar for example, their sales figures are really nothing to write home about.

Okay, with Openbazaar people need to actually install an app, so that's an additional action that many people aren't willing to take.
Not that e-bay like websites for crypto are doing any better though, just look at some of the listings on these websites.

https://forra.io/ (not launched yet)
https://bitify.com/  -- crap listings
https://itcoinbay.com/ -- LOL, their featured listings don't even have any bids

There are already lots of sites do really applied this thing but basing on those results or stats or just simply observing you can really see that theres no soo much interest regardless to other similar sites out there since I'm not yet too aware on those existence because I don't really care at all to use up all of these.For op's plans then he should really done something unique that would really caught up some potential users.
Maybe there are several users but don't expect that it would be much.
HubrisOne
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September 09, 2018, 12:01:48 PM
 #17


It’s a good idea and once you get it up and running we would be more than happy in partnering with you.

Find out more here: www.hubrisone.com

M
Hi, everybody.
I have an idea to create a new service: crypto marketplace for goods, where as well as on ebay you can buy and sell goods for cryptocurrency. Users will be able to conduct transactions using smart-contracts.
What do you think about this idea?

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September 17, 2018, 01:22:02 AM
 #18

the idea is good, marketplace for goods and using cryptocurrency as a payment method. But you need to sure one thing is the delivery, if it's not differrent from ebay example, why would customer choose you, because payment with blockchain costs money and it's not a 100 percent safe.
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September 17, 2018, 08:27:47 AM
 #19

Everyone would be interest with this type of idea.

I've seen before that some are doing this actually until today but many are still doubtful on some since there are many the same websites that are coming out and lack of reputation so consumers are in fear of getting to the wrong marketplace. Where have you been OP what can you say about the opinions of most here?

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September 22, 2018, 06:00:39 PM
 #20

The idea is good, but difficult to implement. How do you want to realize it, and how would you name it?
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