I don't know about that, theirs is decentralized which ours isn't. The main focus was to create a marketplace for digital content, web templates, themes, plugins etc. Much like other existing marketplaces that only accept traditional payments (credit cards, paypal etc) and charge huge fees to authors (55-65% if not exclusive or 12.5-37.5% if they are exclusive), but in our case will be for multi-crypto currencies with very small fees, and in the near future a credit card option will be enabled, but even then will continue with the same small fees.
Decentralized is great but it was not the focus for this marketplace. I've not looked in great detail of their MP, but I wanted to attach an asset to KTK, that generates revenue and share a part of that with KTK holders. As a means of rewarding those who hold KTK long term, instead of simply dumping after seeing a price increase and moving onto the next coin. That might happen in the short term once the MP is live, but once it starts generating regular revenue I see that stabilizing the KTK price.
nice news
better than bitbay
To begin with it has BTC and KTK, and will then look to add others.
I have 2 options that I'll post once the MP is live, and with feedback decide which option to go with. But in general terms, other coins need to qualify based on a few factors (yet to be determined) because with hundreds of coins we can't add them all!
First being that any vendors using the service will have the option to select which coins they accept (except BTC/KTK they are required). If a coin don't have an api already, that's fine because the KTK online wallet code can be used to setup for any coin, so automatically it will have an api we can use. But the coin needs to have a decent user base, otherwise what's the point.
It costs money and time to setup and host an online wallet, so not going to add coins that don't benefit the MP and help generate revenue. And depending on the 2 options I have in mind, will determine how we go about which coins are added.
I agree with the KTK development, and a % of the MP revenue will be allocated to that. So we have ongoing updates!
I have tears in my eyes after watching this post
Thank you Dev !!
Btw how many alt coins get accepted on MP ? or we can start a marketing of MP so others good coin will get in touch to get added on MP
Twitter promotions is must
A blog article
Reddit promotion
I want to share 1 thought with you Dev. A Great video about MP features with good graphics may be in 2D which include some flash work will be good. Apart from them if you want to see KTK to extreme level i would like to suggest you make strong team who have good knowledge and start working on new features because new development is most important for every coin if development get stopped then this coin will be same as others coins
Marketing is must !! and community is ready for donation
Your are awesome Dev
