Topic: A marketplace that has no owners? (Read 251 times)

 O yes such system can be created and is already in existence. But one thing you have to know is that there have to be people who would maintain it regularly to provide top and full functionality. Just the way you cannot find a business without an owner. If you say no owner,
I don't think that one is possible as Amazon for example has people who run it. If you are talking about a system like Amazon,  then yes it has been in existence.  Such systems on the blockchain network would take an outrageous amount of money to create and might need periodic maintenance. Such periodic maintenance would certainly cost some money.  That's why there is a slim chance of such type of market place coming into existence. But from my experience and as a stakeholder in the casino world, if you really want to bet. You have to learn to be good at it. A typical example of a large marketplace for betting is Vegasonline. This platform is a bitcoin based casino with a large provision of games ranging from dice,  slots,  blackjack, pokers to table games. It's unique in the sense that you can bet with high potential for profit and make large profits if you are disciplined. They place certain restriction and supervision on customers account to ensure responsible gambling and  they are always eager to attend to any problem. They offer juicy deposit bonuses ranging from 100% to 25% on every deposit and I can attest to their highly engaging system platform. My only drawback is that random restriction and monitoring on people's account and they claim that it's for users safety. I do like the platform though as I have made good profits from them and I don't feel like quitting.It's registered and hosts a large number of interesting games. Check Here for more details.

O yes such system can be created and is already in existence. But one thing you have to know is that there have to be people who would maintain it regularly to provide top and full functionality. Just the way you cannot find a business without an owner. If you say no owner,
I don't think that one is possible as Amazon for example has people who run it. If you are talking about a system like Amazon,  then yes it has been in existence.  Such systems on the blockchain network would take an outrageous amount of money to create and might need periodic maintenance. Such periodic maintenance would certainly cost some money.  That's why there is a slim chance of such type of market place coming into existence. But from my experience and as a stakeholder in the casino world, if you really want to bet. You have to learn to be good at it. A typical example of a large marketplace for betting is Vegascasino . This platform is a bitcoin based casino with a large provision of games ranging from dice,  slots,  blackjack, pokers to table games. It's unique in the sense that you can bet with high potential for profit and make large profits if you are disciplined. They place certain restriction and supervision on customers account to ensure responsible gambling and  they are always eager to attend to any problem. They offer juicy deposit bonuses ranging from 100% to 25% on every deposit and I can attest to their highly engaging system platform. My only drawback is that random restriction and monitoring on people's account and they claim that it's for users safety. I do like the platform though as I have made good profits from them and I don't feel like quitting.It's registered and hosts a large number of interesting games.

And the same goes for guns, bitcoin and every other form of money. Do we have to get rid of them everytime they brought the worse in ppl? 🤔🤔🤔


I'm not sure about the other decentralized marketplaces but there's an optional multi-sig escrow in openbazaar which you can use.

Also, there are still devs who works on the software in order for users to have a seamless experience but as I said, they do not have any central control. They can't block those cheaters you spoke of which is why users are required to be responsible in every clicks they make.

There is already something like that and the name is OpenBazaar–openbazaar.org. And I don’t see any need for building more of that cause this one is already a good one, a decentralized commerce online, no middlemen and there is no fees attached.

One good thing about this site is that unlike Amazon, eBay and other similar sites, you don’t have to give out any information to make use of it, you only give information to the person doing buying and selling with, and there isn’t much you’re going to give since you’re doing the business with Bitcoin.

Wouldn't this kind of market be used for negative aspects of block chain and crypto currency? What about money laundry that has been talked about frequently? Every situation, such as this brings the worse in people and there will always be the ones that will be trying to take an advantage of the situation. Some kind of control in the form of rules and regulations must exist.

I think you're talking about Virie, which is about everything you just described. When you use Virie, you don’t need to disclose your identity or the purpose of the payments; you can transfer any sum without providing anyone with any data, or original or copied documents; since the system cannot freeze an account, nobody can ask for documents (such as ID) to release the funds. There's more information on their website https://virternity.com/virie, though it may not be enough for some people because crowdfunding is still going. Isn't it?

it could be self-moderated, for example. everything depends on users' activity that way, and they'd be able to regulate the platform by votings or smth like this.

I think it is not a good idea. We need somebody who will control platform: make updates, register new accounts, block cheaters ect. How will you give back money if you will have bad deliver?   

I found recently this article ( https://www.decentpropaganda.com/virternitys-distributed-exchange-network-could-put-crypto-exchanges-out-of-business/ ) and it's more or less what i was talking about.. a marketplace with no owners.. a trading place for more currencies.
What do you think about it?

I was focused on decentralized markets for some time and yes, there're many of them indeed I'd single out ModulTrade, it's fine with me.

Yes there's already existing marketplace like that and I think this forum is a perfect example for having that type of marketplace that has no owners but has a lot of competitors.

Check and see Goods and its childboards.

ohh you mean having no central control? yeaahh, I think there's already lots of decentralized markets out there, tho I am not that familiar with them (just google ). Openbazaar is probably the most well known among them.

I think there is a need in having some sort of marketplace of any kind that will have no owners basically..
Picture a marketplace that is like eBay/Amazon but has no physical owners instead is built by people for people through crowdfunding. Is that achievable?
I guess it could, right?