Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] Gem4me Market Space (GMC)
by
perzival
on 30/05/2018, 16:25:03 UTC
How are you going to validate a new goods products on your platform?
Quality is a matter of merchant's concern, thanks to blockchain we will have the following means of merchant's reputation monitoring:

1. A unified, global rating system wherein users can leave permanent reviews and allocate immutable reputation points without any risk of fraud.
2. Verifying a review’s authenticity by looking at the writer’s purchase history and reputation.
3. Verifying the authenticity of a sold product based on data stored in the blockchain.
4. A store’s rating is based on its GMC wallet.

Does it mean that only reliable users will able to write reviews?
Correct. Every Market Space user in order to be able to use all features of the trading platform to the fullest will have to complete KYC. Features mentioned include among the rest making crypto/fiat payments/transactions and purchasing goods from merchants.

I thought that everyone have to complete KYC before using your platform. But according to your answer I can use minimal functionality without it?