Post
Topic
Board Announcements (Altcoins)
Re: ANN-Linkchain, Remove risk,add simplicity to buying contracting services online
by
Jerryzack2
on 28/09/2018, 09:51:51 UTC
We have platform like Upwork in the industry already providing the reduced risk between supplier and buyers in transaction. whereby, the funds are held in escrow until the project term is fufil. The supplier in return pay 20% transaction charges which is considered exorbitant. For Linkchain has proposed to reduced this to 5%. To me the margin between 20%-5% is still not reasonable. Was expecting the system will propose zero charges for transaction fee. Or am I the only one noticing this.
I think a zero transaction fee is a good idea but not practical. I'm yet to see any successful business operating a zero transaction fee. Business models have to be realistic and attainable, I believe Linkchain is in the right direction.