[ANN] CRAVE 1st POS Masternodes | Dark Assets | I2P | Market =Embrace The Dark=

[industrialcoinmagic]

As an example, say I put up 10,000 CRAVE collateral and open a market.

I name it Arctic Pyramid.  I am allowed to upload a small 256x256 logo for my market.  I decide to set my combined fully loaded fee at 3% per transaction between buyer and vendor.

I setup my categories, specify my escrow stealth address and my encrypted messaging support address and open for business.

Vendor X, goes in the wallet and browses the markets and decides to place his listing in Arctic Pyramid.  He chooses a category and lists his product or service with all the details.

Buyer Z, goes in the wallet and browses the available markets, and selects the Arctic Pyramid market, and finds Vendor X's listing and places an order.

He creates a 2-of-3 multi-sig transaction containing the amount of the product or service and the market fee and sends it to the vendor, who signs it, and sends it to a key derived from the market stealth address.

After some auto-timeout period the market node will auto-sign and release the funds to the vendor, unless the buyer opens a dispute before the timeout period expires.  Or, the buyer could choose to sign and release the funds before the timeout expires and close out the transaction.

After a transaction is successfully closed out the buyer and vendor may leave feedback for each other (similar to how localbitcoins works).

Maybe Vendor Y goes in the wallet and makes a listing for a product or service that I disallow or don't approve of.  I can choose to block the listing, as part of my responsiblity as a market owner to be a curator.

Maybe when I open Arctic Pyramid I decide it is going to be only for art and my fee will be 15% because I provide concierge-level service through my encrypted messaging support address.  And so I aggressively curate my market to make sure it is always clean with only high quality works of art, and I make sure to respond fast to customers through the support address and give them the VIP treatment.  (I don't know anything about art actually, so maybe that's a bad example, but you get the idea).

[1714651977]

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[1714651977]

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[1714651977]

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[bitcoinsid]

As an example, say I put up 10,000 CRAVE collateral and open a market.

I name it Arctic Pyramid.  I am allowed to upload a small 256x256 logo for my market.  I decide to set my combined fully loaded fee at 3% per transaction between buyer and vendor.

I setup my categories, specify my escrow stealth address and my encrypted messaging support address and open for business.

Vendor X, goes in the wallet and browses the markets and decides to place his listing in Arctic Pyramid.  He chooses a category and lists his product or service with all the details.

Buyer Z, goes in the wallet and browses the available markets, and selects the Arctic Pyramid market, and finds Vendor X's listing and places an order.

He creates a 2-of-3 multi-sig transaction containing the amount of the product or service and the market fee and sends it to the vendor, who signs it, and sends it to a key derived from the market stealth address.

After some auto-timeout period the market node will auto-sign and release the funds to the vendor, unless the buyer opens a dispute before the timeout period expires.  Or, the buyer could choose to sign and release the funds before the timeout expires and close out the transaction.

After a transaction is successfully closed out the buyer and vendor may leave feedback for each other (similar to how localbitcoins works).

Maybe Vendor Y goes in the wallet and makes a listing for a product or service that I disallow or don't approve of.  I can choose to block the listing, as part of my responsiblity as a market owner to be a curator.

Maybe when I open Arctic Pyramid I decide it is going to be only for art and my fee will be 15% because I provide concierge-level service through my encrypted messaging support address.  And so I aggressively curate my market to make sure it is always clean with only high quality works of art, and I make sure to respond fast to customers through the support address and give them the VIP treatment.  (I don't know anything about art actually, so maybe that's a bad example, but you get the idea).

+1

well explained , once the community joins in the possibilites are endless...wow. You could open your own silk road ( but dont..  think bigger...  

[industrialcoinmagic]

Maybe market owners should also be allowed to require vendor bonds and set the bond amount?

[industrialcoinmagic]

Maybe market owners should also be allowed to require vendor bonds and set the bond amount?

[provenceday]

As an example, say I put up 10,000 CRAVE collateral and open a market.

I name it Arctic Pyramid.  I am allowed to upload a small 256x256 logo for my market.  I decide to set my combined fully loaded fee at 3% per transaction between buyer and vendor.

I setup my categories, specify my escrow stealth address and my encrypted messaging support address and open for business.

Vendor X, goes in the wallet and browses the markets and decides to place his listing in Arctic Pyramid.  He chooses a category and lists his product or service with all the details.

Buyer Z, goes in the wallet and browses the available markets, and selects the Arctic Pyramid market, and finds Vendor X's listing and places an order.

He creates a 2-of-3 multi-sig transaction containing the amount of the product or service and the market fee and sends it to the vendor, who signs it, and sends it to a key derived from the market stealth address.

After some auto-timeout period the market node will auto-sign and release the funds to the vendor, unless the buyer opens a dispute before the timeout period expires.  Or, the buyer could choose to sign and release the funds before the timeout expires and close out the transaction.

After a transaction is successfully closed out the buyer and vendor may leave feedback for each other (similar to how localbitcoins works).

Maybe Vendor Y goes in the wallet and makes a listing for a product or service that I disallow or don't approve of.  I can choose to block the listing, as part of my responsiblity as a market owner to be a curator.

Maybe when I open Arctic Pyramid I decide it is going to be only for art and my fee will be 15% because I provide concierge-level service through my encrypted messaging support address.  And so I aggressively curate my market to make sure it is always clean with only high quality works of art, and I make sure to respond fast to customers through the support address and give them the VIP treatment.  (I don't know anything about art actually, so maybe that's a bad example, but you get the idea).

that's a nice idea to open a silkroad 3.0 

[Mrpumperitis]

As an example, say I put up 10,000 CRAVE collateral and open a market.

I name it Arctic Pyramid.  I am allowed to upload a small 256x256 logo for my market.  I decide to set my combined fully loaded fee at 3% per transaction between buyer and vendor.

I setup my categories, specify my escrow stealth address and my encrypted messaging support address and open for business.

Vendor X, goes in the wallet and browses the markets and decides to place his listing in Arctic Pyramid.  He chooses a category and lists his product or service with all the details.

Buyer Z, goes in the wallet and browses the available markets, and selects the Arctic Pyramid market, and finds Vendor X's listing and places an order.

He creates a 2-of-3 multi-sig transaction containing the amount of the product or service and the market fee and sends it to the vendor, who signs it, and sends it to a key derived from the market stealth address.

After some auto-timeout period the market node will auto-sign and release the funds to the vendor, unless the buyer opens a dispute before the timeout period expires.  Or, the buyer could choose to sign and release the funds before the timeout expires and close out the transaction.

After a transaction is successfully closed out the buyer and vendor may leave feedback for each other (similar to how localbitcoins works).

Maybe Vendor Y goes in the wallet and makes a listing for a product or service that I disallow or don't approve of.  I can choose to block the listing, as part of my responsiblity as a market owner to be a curator.

Maybe when I open Arctic Pyramid I decide it is going to be only for art and my fee will be 15% because I provide concierge-level service through my encrypted messaging support address.  And so I aggressively curate my market to make sure it is always clean with only high quality works of art, and I make sure to respond fast to customers through the support address and give them the VIP treatment.  (I don't know anything about art actually, so maybe that's a bad example, but you get the idea).

 YEAAAAAAAAAAA

[provenceday]

but “As an example, say I put up 10,000 CRAVE collateral and open a market.”

who will take that 10000 CRAVE? what happen if that guy run away?

[industrialcoinmagic]

but “As an example, say I put up 10,000 CRAVE collateral and open a market.”

who will take that 10000 CRAVE? what happen if that guy run away?

Nobody.  Its collateral.  If he spends it/moves it, then his market closes.  Same thing as with the masternode collateral.

[BTCspace]

Rank 109 on coinmarketcap.

hope rank top100 in few days. （ 446 BTC for top100）

then top 50? ( 1,749 BTC for top50)

[vegasguy]

Well thats up to the holders to keep buying up the price. It doesnt happen by itself.

Vegas

[jasemoney]

Adrenaline nodes = market and is from the first roadmap? and you say that should be done in a few days with next set of improvements road-mapped after that?! Hell of a schedule dude. who are you Satoshi on crack?

[industrialcoinmagic]

Adrenaline nodes = market and is from the first roadmap? and you say that should be done in a few days with next set of improvements road-mapped after that?! Hell of a schedule dude. who are you Satoshi on crack?

Market is actually from roadmap #2, guess I got excited   There's Adrenaline Nodes (masternodes) and Adrenaline Market (market platform).  Android wallet tomorrow.

I am probably going to put the darkpool daemon out this weekend but hold off on the web wallet because of the tor 0-day that is out in the wild right now, probably best to wait for the storm to pass and tor devs to patch it (also why lots of dnms keep going down).  You can use the local daemon to do all the same stuff since it's decentralized.

Adrenaline Nodes probably Tuesday, Adrenaline Market next weekend.

[jasemoney]

very cool, dont forget to get some rest sometime dude!

[Mrpumperitis]

im sending btc over to bittrex, gonna buy up , guess the 50k+ sats for 1 crave will be sometime today     , i just took someones 3200k crave at 45k...poor guy

[Digital_Currency_LTD]

Hi guys!

What is the daily stake rate of this coin if i send to my wallet from bittrex?

[bitcoinsid]

I dont think traders know that this coin is seriously under-priced. WARNING to those that sell now....be prepared to pay alot more later, theres not enough coins to create any big dumps and no miner dumps due to pos. 

[Digital_Currency_LTD]

I dont think traders know that this coin is seriously under-priced. WARNING to those that sell now....be prepared to pay alot more later, theres not enough coins to create any big dumps and no miner dumps due to pos. 

I dumped all my mined 3000 coins on 20 k, the bought back 1500 on 26k, when I saw the many good features and potential 

[scambust]

Waiting for the other shoe to drop. 

[bitcoinsid]

I dont think traders know that this coin is seriously under-priced. WARNING to those that sell now....be prepared to pay alot more later, theres not enough coins to create any big dumps and no miner dumps due to pos.  

I dumped all my mined 3000 coins on 20 k, the bought back 1500 on 26k, when I saw the many good features and potential  

smart move       its very rare to see a coin with such bad-ass tech and bright future, so cheap but thats what makes crave so awesome, due to no premine and no ipo, 520k supply, the coin is working its way up, unlike other coins that work their way down.  

[hussar]

this coin is on fire! i couldn't resist a market buy lol