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Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
nice graphic/scheme but i see somewhere a 15% fee? it is not too much? and also 1$ listing fee is very similar to ebay...
BitBoost receives 15% of third party service fees, not 15% of the item price. eBay charges 10% (+ another 2-3% for Paypal) of the item price to the seller to use its service and Amazon demands even higher fees.
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
In a decentralized market how will be managed reputation of seller and buyer?
The buyer will be registered? What data will the block collect?
The buyer will be registered? What data will the block collect?
The details of our reputation system are still being finalized. However, no registration will be needed. Every seller and buyer is uniquely identified by an ETH address, and this is how reputation ratings will be associated with them.
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
I see that new competition is coming up from StuffGoGo
https://bitcointalk.org/index.php?topic=2025935
How does BitBoost compare against this new upcoming player?
https://bitcointalk.org/index.php?topic=2025935
How does BitBoost compare against this new upcoming player?
Good luck!!!
Re: [ANN][BBT] BitBoost -The Block- Ecommerce decentralizzato su Blockchain Ethereum
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
what about competitors in real market? which are the most similar? Ebay? Amazon?
eBay, Amazon, and Alibaba are the biggest. They will not be disappearing any time soon. Some people will always prefer them, because they are big and familiar. But for sellers, they are very costly.
We expect that sellers will want to move to an alternative that lowers their costs, and if they then lower their prices, that will attract buyers. Sellers and buyers both need to be aware of The Block, so this is where marketing becomes important. It's not enough to have a better product, people also need to know about it.
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Somebody has already compared BitBoost to OpenBazaar ?
I would be very interested in having some link to this comparison studies.
Thanks
I would be very interested in having some link to this comparison studies.
Thanks
if you read our whitepaper you can find a chapter about our competitors.
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Another shortcoming I envisage is how team hope to solve the problem of Ether if the coin price drops in market, does it mean a seller would sell short of value, since the exchange value of Ethereum swings up and down?
i think the problem does not exists.
they have fixed a price for each token in $.
when ico will be closed they will have collected what they needed.
Then, they will exchange some funds to FIAT for sure, to prevent any possibility of lost value...but no all to get the possibility of futures pump!
I was not referring to the ICO rather the actual use of the block which is the e-commerce store business; sellers accepting ETH in exchange of products. When ETH coins drop in value, how can this help sellers realize profit, because the actual cost price of their product might drop in value due to the drop in ETH at that period affecting their profit margin which could lead to a loss, also might recurrently result in shortage of funds to restock their merchandise.
the easyest way is, as always, aplly your preferred chema:
1) i don't want to risk nothing --> you sell as soon as possible (some dozens of seconds after you receive coins) versus $/EUR or versus BTC, then $ or EUR.
2) i don't want to risk everything but i want the possibility to have some income if the coin raise: i sell some coins for FIAT and take the others..
3) i'm a gambler... i'm sure BTC and ETH will sky rocket soon --> you take all the coins received!
One of the strategies is to show the price in $ or , therefore every day the ETH price will be adjusted according to its value in the exchanges, until a buyer has purchased the item and his/her money has been moved into escrow.
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
When will the beta version of the block introduced for easily accessibility of the general public
It will be released within token pre-sale...
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
I've read that you can also participate via shapeshift ? if I remember well, there is this option. it would be very comfortable having other coin available and for maintaining the bitcoin in the weeks of the presale. what do you think?
No I think what they actually meant was the internal wallet on the block app can be funded from an external ether wallet or via shapeshift from within the blocks interface when making a purchase. But for the ICO, you can participate with BTC, ETH, ETC and WAVES.
Right. Anyway you can find more details here:
https://www.youtube.com/watch?v=egusps8EYes
Re: [ANN][BBT] BitBoost - The Block - Decentralized Ecommerce on Ethereum Blockchain
