💥⭕️[ANN] Fair Ninja - 1st Worldwide Classifieds Marketplace Using Blockchain⭕️ - page 29.

babysweetTiger0401

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Hey guys! I think your project is showing a ton of promise. What do you think is your biggest strength when compared to the competition? What do you think is your biggest disadvantage?
Thank you for your response!

Reading their whitepaper, I think their biggest advantage over the competition is that they are not trying to compete, they are partnering up. The founder of this project is the CEO of Oglasnik, one of the top classifieds marketplace based in Croatia. Once they are set up, they will be partnering up with other classifieds worldwide with initial focus on European countries then Asian countries probably, it's like introducing crypto currency in a new classifieds platform. For me, the disadvantage is that there are restrictions with regards to the crypto currency industry, resulting in potential investors from US and China to not be able to participate in the ICO. It would be great if they could partner up with Craigslist since that's the number one in the US and I believe most recognized all over the world and has the the biggest market. I just hope that even though they can't participate in ICO, they can sill use the platform once launched.

US and China are just two countries. They may somehow affect the ICO but there are still a lot who could. ICO is just the first step by the way. The moment they succeed in their ICO and everything will be set, they will now have to focus in the implementation of their project. It is good. With Fair Ninja’s brave step to a change, mentality now online market will also change.

What if the country that they are aiming to be partnered with has a disagreement with your current partnered country. Will it be a problem to the platform or not? Or this project will be neutral to both sides.

It's not countries that FairNinja will be partnering up, but rather the existing top classifieds company in each country. It's very rarely that trade, especially like this since this is second-hand items and not like major import/export activities, gets affected by diplomatic disagreements.

I think once the platform has been launched, even in countries with strict crypto currency laws, the platform would still be useful since I believe they highlighted how the transaction would go in case it will be in fiat. It would be much easier in case it is between yoshi coin users.

What was highlighted in their whitepaper is how difficult it is to make a purchase using crypto currency, and that some merchants don't actually accept them. Fair Ninja will be solving this problem since they will be a classifieds platform that accepts crypto currency payments.

I don't think Fair Ninja will be able to make partnerships with the companies that are in countries that ban crypto currencies. They will be partnering up with the companies, the companies will enjoy profit for transactions by their user in the Fair Ninja platform, transactions will be done in crypto, so, f crypto is banned there, you won't be able to participate, probably.

I would definitely agreed that Fair ninja is already gave a solution to accept all payments thru altcoins or cryptocurrency to online shopping

which the online shoppers will enjoy buying the surplus goods with high quality products.

Arceusz

newbie

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How does Fair Ninja ensure the buyers that the second hand products came from the sellers are legal products and not came from theft. Does Fair Ninja implement a policy or any KYS (Know Your Seller) to their website? In case there is a bad record of the seller, does fair ninja will let it sell using their website?

I read their white paper regarding the rating features of the seller and buyer and i think its good idea, you will rate the seller/buyer after a successful transaction for the others to know what kind of seller or buyer they are... And by doing those features we will determine if we can trust a seller or buyer to have a transaction with them, but i dont know if they have records for all of the previous transactions...

Im just thinking about the rating feature, yes you need that ratings and reviews but the first customer is the guinea pig of the product so someone should suffer the inconvenience first before they can see the review of the said product and what if the guinea pig did not write or rate the product how will we know if the product is fake? They should screen the seller and the authenticity of the product before they approve it. By the way their reputation is t stake if they will not go about it.

Yes their reputation is at stake if they did not screen all the products from the sellers in the beginning of this project, maybe they need to monitor all the first transaction to make sure that there's no frauds happening... But im sure that fair ninja think about this already and just in case something like that happens, i think they will be the responsible from the buyer that received fake items...

as per my own opinion, i think that the fair ninja will screen all the products that they will sell and display to their company,
i must agree also to the statement that is being stated above that the fair ninja project will monitor all the transactions of their company

As per my own opinion it is a must that the fair ninja project will monitor all the transactions from posting a certain product that is available in their company to the selling of the product to the costumers up to purchasing as well as delivering and also if the certain costumers will review or give a certain feedback the product that he or she purchased through the fair ninja company.

smith4cris

jr. member

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Some people live their dreams...destiny passes by.

Quote from: TrainDING on June 16, 2018, 02:09:06 PM

Quote from: jakjak000 on June 12, 2018, 12:10:57 AM

Also there are security concerns. when you buy things online, you run a small risk of getting your

financial information exploited by hackers.

I must say, is there a good anti virus and anti malware can offer Fair Ninja for a great deal protection?

Your transaction information will be safe and secured which will be covered by Blockchain Technology. While your personal computer will depend on your installed anti-virus on your end. Fair Ninja project will also protect you from scammers or bogus buyers and sellers that will just only get your information and your money.

It will be up to Fair Ninja on what security feature they will put in their system but I do believe that every project really want to have their network safe from hackers. Fair Ninja runs on blockchain technology and will involve the use of crypto currencies and smart contracts. Both buyers and sellers information will be transparent with Fair Ninja since it is traceable being on blockchain and secured with smart contracts. The policy provided by Fair Ninja is safe enough for both buyers and sellers and I am sure even if there are hacker attacks, this security feature will still be enforced.

Bobby park

member

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