Post
Topic
Board Service Discussion
Re: How about decentralized community blockchain marketplaces without escrow?
by
SelfCustody
on 23/07/2023, 20:30:39 UTC

They will need to sell something to get positive feedback, so how will they be able to get that feedback if they cannot sell without it?

The marketplace would at first be used within online communities that have had contact with each within the community.


Using escrows protects both parties who can be malicious in their own way. Sellers can try to sell sub standard products and buyers can be too demanding on what they expect.
The way your suggestion can work is if you have all sellers registered and the buyers have a return policy if they do not get the product in the quality that was advertised.
You will be acting as the escrow in that case.
Note that writing consecutive posts as you are doing is against the rules of the forum.

- Jay -

It would be up to the seller to declare the terms of sale for the item, they could offer a return policy if they chose. There would be no escrow involved to use the marketplace.
Sorry, I wanted to respond to several different comments and doing it separately really helped to keep things somewhat organized. I will try to not do it in the future now that I am getting more familiar with posting here.