Quote from: LeGaulois on October 18, 2019, 11:17:22 AM

@ethconomy_official

I have a question. You say the orders are fulfilled by brokers and their fiats. We, as users don't know your brokers and from where they come from. ...Especially their money/payment methods...
How can we be sure the brokers aren't using a stolen CC or something similar?

This is a difficult problem for most p2p platforms such as purse.io, LBC, and paxful. We plan to eliminate or at-least reduce the risk of fraud by having in place a staking mechanism for the brokers to disincentives fraud activities. When a broker accepts and fulfills an order, he/she must deposit a percentage of the item price into a smart contract as a stake. The stake is then held for a period of time, allowing time for consumer to file fraud disputes.

For example,
-> a consumer purchase a $100 airbnb gift card.
-> Fraudulent broker deposit stake and fills order.
-> Consumer redeems the card but is contacted by airbnb couple days later for fraud alert.
-> The consumer can then dispute the order, and if he/she can provide sufficient proof for the fraud, he/she will receive the refund as well as the stake of the broker.