The buyers and the sellers interact with each other via the smart-contract (the blockchain) and not Storeplex personally. We will only involve ourselves when disputes arise.
[/quote]
Can you describe some of the features that marketplace will have for buyers and sellers?
[/quote]
Buyers can purchase a variety of products and receive 3% cashback on all purchases made using PLEX tokens and sellers can use PLEX tokens to upgrade their account in addition to the extremely low fees.
[/quote]
Also, if you can tell whether buyers and sellers will place
orders directly to each other or on the storeplex?
[/quote]
The orders are placed on the Storeplex marketplace where they are then despatched/fulfilled by the seller.
[/quote]
So, if there is any dispute between the buyers and sellers, how is that going to be resolved?
[/quote]
Dispute as in if the buyer is not satisfied with the quality of the product!
[/quote]
If a dispute arises, the funds in the smart-contract are sent to an escrow address where Storeplex are able to arbitrate over the issue and disperse funds appropriately.
[/quote]
If the buyer has to send back the product, will he/ she bear the freight charges?