We have platform like Upwork in the industry already providing the reduced risk between supplier and buyers in transaction. whereby, the funds are held in escrow until the project term is fufil. The supplier in return pay 20% transaction charges which is considered exorbitant. For Linkchain has proposed to reduced this to 5%. To me the margin between 20%-5% is still not reasonable. Was expecting the system will propose zero charges for transaction fee. Or am I the only one noticing this.
This is completely unrealistic, since how are the business supposed to make a profit then to run the platform if it's 0% fees? Come on 5% is a massive reduction on the current 20% charged by almost all of their competitors.