Post
Topic
Board Project Development
Re: A fully decentralized marketplace
by
boldfi
on 25/04/2024, 16:17:31 UTC
If the goods and services you sell in this market are legal, then what is the reason for making it decentralized? I can understand decentralization in mixers and services that may need to enhance privacy, but purchasing goods and products may be linked to knowing the buyer’s address, which makes it difficult to provide a service of a privacy nature. The market can be implemented for digital products not physical goods.

I see a lot of benefits for such a market.

The market would be accessible 24/7 from anywhere in the world, eliminating the risk of server downtime or IP restrictions that could occur with a centralized market.

Secondly, the market would be crypto compliant, allowing for the democratization of purchasing goods and services with a non-fiat currency.

 I also believe that a community would appreciate the ability to buy products without sharing personal information with big tech companies and large corporations. Whether we like it or not, privacy is disappearing today.

Finally, this would bring to life a market entirely controlled by its users and not by a central authority. Many legitimate services are emerging in a decentralized way, I see utility in it.

Correct me if you disagree. I’m trying to think constructively about such a project.