Post
Topic
Board Altcoin Discussion
Re: [NXT] Decentralized Asset Exchange Discussion Thread
by
Brando
on 17/03/2014, 19:07:42 UTC
Hi everyone!
Due to the somewhat delicate matter of this post, I just registered this account.

I am a long time customer of Silk Road (SR) and its follower (Sheep Market, Silk Road 2.0). SR made over 1.2 billion in revenues. There are several voices who claim that it was SR who made Bitcoin popular. In the last months there were several major drawbacks for these kind of markets: The Bitcoins of the vendors / customers got stolen either from hackers or the platform itself. Of course after such bad experience especially the vendors do not want to trust their funds to an anonymous platform since there are huge trust issues involved. Desperately they are looking for an alternative solution. The Asset Exchange could solve this problem for the vendors.
 
What they need is (beside the obvious):
1.     The setup of their products must be easy
        a.    Description
        b.    If possible pictures
2.     Message system
3.     Easy Payment
 
To address the demands of the customers. The following criteria must be met:
1.     Easy access
2.     Ratings of the vendor
3.     Message System
4.     Easy Payment

Will the NXT AE be ready for that?
Needless to say if this is working there mustn’t be a lot of marketing and new investors / vendors / customers would naturally come into NXT. Result would be full order books and a price explosion.