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.