💥⭕️[ANN] Fair Ninja - 1st Worldwide Classifieds Marketplace Using Blockchain⭕️ - page 43.

Chimecho

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Quote from: scarleth06 on May 19, 2018, 03:27:44 AM

Quote from: Ganerch on May 18, 2018, 03:42:39 AM

Quote from: scarleth06 on May 17, 2018, 08:52:31 AM

Quote from: Nhebu on May 17, 2018, 02:39:58 AM

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

ysabel30

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Activity: 62

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Quote from: Rapha-EL on May 29, 2018, 03:38:23 PM

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

I dont understand how will AI be able to asses product quality and give market value? What will be distinguishing factor to consider, product descriptions, photos? How will AI detect if the product is defective or of poor quality?

the AI would probably automatically assess in the market the online value of a products, say your selling an iphoneX, the AI would be scannings to different online platform prices that are selling Iphone X and then the Fair NInja AI would give more or less an average price of the the phone based on its gathered data.

sonjay22

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Activity: 140

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Quote from: jlaw007 on May 29, 2018, 10:24:04 AM

Quote from: smith4cris on May 29, 2018, 10:21:38 AM

Quote from: TrainDING on May 28, 2018, 01:49:48 PM

Quote from: Cassy14 on May 28, 2018, 02:54:25 AM

Quote from: svendoto23 on May 21, 2018, 08:49:46 AM

The safe trading system of Fair ninja is soo good that they will only send the money of seller if the buyer approves and confirms the reciept of the product. And if the buyer isnt satisfied about the product it will be returned back to the seller but if it product does not return to the seller within 14 days the seller will keep the funds.

This is a good thing for the buyers, but what for the seller?
If the buyer got the item and used them for several times and decided not to get it anymore and made a return?
this is a bad side for the seller.

I think they have to confirm after they have received the items. Giving them an ample time for testing the product. The product has always 14 days return policy. If the item was not returned within this period, it means that the buyer was fully satisfied and the seller can keep the funds.

Here's a reference from the Whitepaper.

Quote

Scenario B: Buyer is not satisfied and returns the product. Once seller received returned product, buyer’s coins are returned. If the product isn’t returned within 14 days, the seller will keep the funds.

Is it stated who will shoulder the shipping cost in case Items are returned? It is only feasible since Fair Ninja runs using blockchain technology and payments are made with cryptocurrencies. This is its advantage over existing online marketplace.

On point. Smart contracts can be enforced since it is on blockchain and the payments made are on escrow with Fair Ninja. Its policy is also fair for both parties since the Buyer is given ample time to return the item while Sellers are guaranteed to get paid because the payment was already deposited to Fair Ninja.

Also my question is when the buyer see the items in actual but didn't satisfy or happy with it, like smith4cris asking who will shoulder the cost of shipping when the item return to the seller? Because it is important to know this before the buyer transact to seller, so both of them avoid to lose money...

ranitidine

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Quote from: Giratina on May 21, 2018, 11:30:51 PM

Quote from: richyoung on May 16, 2018, 11:04:11 AM

Quote from: coinstalker23 on May 16, 2018, 10:49:54 AM

Regarding on those sellers and resellers online on fair ninja how can we trust those people? Is there a rating for their reputation so we will know how give quality 2nd hand products on platform.

yes there would be a trust rating feature on Fair Ninja wherein buyers and sellers will be able to rate each other based on their own personal experience. Fair Ninja will also provide website and mobile support to help buyers and sellers should a disagreement over a transaction arise. A Smart Contract will prevent sellers and buyers to act dishonestly, we also believe providing user support is integral to having a fully-functioning, trustworthy marketplace.

the fair ninja project is a kind of online shops that sell things online this not just an ordinary online shop because it accepts crypto currencies and also all things are available in the fairninja project platform

Yup, you got that right. The very feature that fair ninja has which is the availability of an option for crypto enthusiasts or holders to use their cryptos in bidding for stuff or buying them, is a success bomb in a count down. There is not a single doubt in me about this project. In fact, I am already preparing my space suit xD

ANGELA07

jr. member

Activity: 140

Merit: 1

Quote from: elycoinz on May 29, 2018, 08:16:12 PM

Quote from: jlaw007 on May 29, 2018, 10:24:04 AM

Quote from: smith4cris on May 29, 2018, 10:21:38 AM

Quote from: TrainDING on May 28, 2018, 01:49:48 PM

Quote from: Cassy14 on May 28, 2018, 02:54:25 AM

Quote from: svendoto23 on May 21, 2018, 08:49:46 AM

The safe trading system of Fair ninja is soo good that they will only send the money of seller if the buyer approves and confirms the reciept of the product. And if the buyer isnt satisfied about the product it will be returned back to the seller but if it product does not return to the seller within 14 days the seller will keep the funds.

This is a good thing for the buyers, but what for the seller?
If the buyer got the item and used them for several times and decided not to get it anymore and made a return?
this is a bad side for the seller.

I think they have to confirm after they have received the items. Giving them an ample time for testing the product. The product has always 14 days return policy. If the item was not returned within this period, it means that the buyer was fully satisfied and the seller can keep the funds.

Here's a reference from the Whitepaper.

Quote

Scenario B: Buyer is not satisfied and returns the product. Once seller received returned product, buyer’s coins are returned. If the product isn’t returned within 14 days, the seller will keep the funds.

Is it stated who will shoulder the shipping cost in case Items are returned? It is only feasible since Fair Ninja runs using blockchain technology and payments are made with cryptocurrencies. This is its advantage over existing online marketplace.

On point. Smart contracts can be enforced since it is on blockchain and the payments made are on escrow with Fair Ninja. Its policy is also fair for both parties since the Buyer is given ample time to return the item while Sellers are guaranteed to get paid because the payment was already deposited to Fair Ninja.

I do believe that Fair Ninja will impose fair terms and conditions on cases like this.

Return Policies are really sensitive in nature and could be quite a burden for the platform where the purchase transaction happened.

And all your concerns are really valid in such a way that even with Fair Ninja's mention of the 14 day return policy might not suffice the issue.

Hoping to hear a clearer answer to this concern from Fair Ninja themselves.

There are a number of significant benefits to selling on marketplaces however there are potential drawbacks with fees that may need to be considered. Hope Fair Ninja give the solutions of that matter.

jackbit

newbie

Activity: 56

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Quote from: bitcoindusts on May 29, 2018, 08:31:01 PM

Quote from: BitcoinPanther on May 29, 2018, 08:25:17 PM

Quote from: ZeidFreak on May 29, 2018, 06:09:45 PM

Quote from: Rapha-EL on May 29, 2018, 03:38:23 PM

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

I dont understand how will AI be able to asses product quality and give market value? What will be distinguishing factor to consider, product descriptions, photos? How will AI detect if the product is defective or of poor quality?

Actually in this case Ai will provide advance technology feature, including software technology, we have this protocol of Proof of identity and Proof of registration that we can give information to the server wherein AI will easily get in touch with it. so no matter how hard to find this kind of quality AI will help you with that. So take it easy brother.

Hi there Rapha-EL! Fair Ninja is to use AI to detect your particular item from the photo you are to upload, it will work pretty much like how facebook is identifying faces from a photo you uploaded eliminating the need to tag your friends individually.

Given the same scenario ang applying it to the item you wanted to put up on sale, Fair Ninja's AI will try to detect the make, brand, model, color, size, etc and suggest those information to be automatically added or you may manually select the features the AI detected.

And the agreed feautres and description you and the AI decided on can be ran through the database to pick up analytical data such as current prevailing market price, best offer and target market.

Though we still have to wait to have a taste of such offerings from Fair Ninja, i'll say the idea is quite impressive, wouldn't you agree?

Hi guys! Here is an excerpt from Fair Ninja's WhitePaper as to how they wanted to bank on AI (Artificial Intelligence) to create an immersing and easy process when posting a product.

Quote

Additionally, Fair Ninja will capitalize on advanced technologies to make listings
highly engaging, including artificial intelligence for automatic product recognition,
360⁰ camera app integration, and many other cutting-edge features.

- Fair Ninja WhitePaper

I'll have to say, the AI part for the product recognition is really really cool.

This will save a seller a lot of time and could end up with the perfect description and value for the item he intends to list in Fair Ninja. I am all out for this impressive feature!

bitcoindusts

sr. member

Activity: 1092

Merit: 271

Quote from: BitcoinPanther on May 29, 2018, 08:25:17 PM

Quote from: ZeidFreak on May 29, 2018, 06:09:45 PM

Quote from: Rapha-EL on May 29, 2018, 03:38:23 PM

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

I dont understand how will AI be able to asses product quality and give market value? What will be distinguishing factor to consider, product descriptions, photos? How will AI detect if the product is defective or of poor quality?

Actually in this case Ai will provide advance technology feature, including software technology, we have this protocol of Proof of identity and Proof of registration that we can give information to the server wherein AI will easily get in touch with it. so no matter how hard to find this kind of quality AI will help you with that. So take it easy brother.

Hi there Rapha-EL! Fair Ninja is to use AI to detect your particular item from the photo you are to upload, it will work pretty much like how facebook is identifying faces from a photo you uploaded eliminating the need to tag your friends individually.

Given the same scenario ang applying it to the item you wanted to put up on sale, Fair Ninja's AI will try to detect the make, brand, model, color, size, etc and suggest those information to be automatically added or you may manually select the features the AI detected.

And the agreed feautres and description you and the AI decided on can be ran through the database to pick up analytical data such as current prevailing market price, best offer and target market.

Though we still have to wait to have a taste of such offerings from Fair Ninja, i'll say the idea is quite impressive, wouldn't you agree?

Hi guys! Here is an excerpt from Fair Ninja's WhitePaper as to how they wanted to bank on AI (Artificial Intelligence) to create an immersing and easy process when posting a product.

Quote

Additionally, Fair Ninja will capitalize on advanced technologies to make listings
highly engaging, including artificial intelligence for automatic product recognition,
360⁰ camera app integration, and many other cutting-edge features.

- Fair Ninja WhitePaper

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: ZeidFreak on May 29, 2018, 06:09:45 PM

Quote from: Rapha-EL on May 29, 2018, 03:38:23 PM

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

I dont understand how will AI be able to asses product quality and give market value? What will be distinguishing factor to consider, product descriptions, photos? How will AI detect if the product is defective or of poor quality?

Actually in this case Ai will provide advance technology feature, including software technology, we have this protocol of Proof of identity and Proof of registration that we can give information to the server wherein AI will easily get in touch with it. so no matter how hard to find this kind of quality AI will help you with that. So take it easy brother.

Hi there Rapha-EL! Fair Ninja is to use AI to detect your particular item from the photo you are to upload, it will work pretty much like how facebook is identifying faces from a photo you uploaded eliminating the need to tag your friends individually.

Given the same scenario ang applying it to the item you wanted to put up on sale, Fair Ninja's AI will try to detect the make, brand, model, color, size, etc and suggest those information to be automatically added or you may manually select the features the AI detected.

And the agreed feautres and description you and the AI decided on can be ran through the database to pick up analytical data such as current prevailing market price, best offer and target market.

Though we still have to wait to have a taste of such offerings from Fair Ninja, i'll say the idea is quite impressive, wouldn't you agree?

elycoinz

jr. member

Activity: 56

Merit: 1

Quote from: jlaw007 on May 29, 2018, 10:24:04 AM

Quote from: smith4cris on May 29, 2018, 10:21:38 AM

Quote from: TrainDING on May 28, 2018, 01:49:48 PM

Quote from: Cassy14 on May 28, 2018, 02:54:25 AM

Quote from: svendoto23 on May 21, 2018, 08:49:46 AM

The safe trading system of Fair ninja is soo good that they will only send the money of seller if the buyer approves and confirms the reciept of the product. And if the buyer isnt satisfied about the product it will be returned back to the seller but if it product does not return to the seller within 14 days the seller will keep the funds.

This is a good thing for the buyers, but what for the seller?
If the buyer got the item and used them for several times and decided not to get it anymore and made a return?
this is a bad side for the seller.

I think they have to confirm after they have received the items. Giving them an ample time for testing the product. The product has always 14 days return policy. If the item was not returned within this period, it means that the buyer was fully satisfied and the seller can keep the funds.

Here's a reference from the Whitepaper.

Quote

Scenario B: Buyer is not satisfied and returns the product. Once seller received returned product, buyer’s coins are returned. If the product isn’t returned within 14 days, the seller will keep the funds.

Is it stated who will shoulder the shipping cost in case Items are returned? It is only feasible since Fair Ninja runs using blockchain technology and payments are made with cryptocurrencies. This is its advantage over existing online marketplace.

On point. Smart contracts can be enforced since it is on blockchain and the payments made are on escrow with Fair Ninja. Its policy is also fair for both parties since the Buyer is given ample time to return the item while Sellers are guaranteed to get paid because the payment was already deposited to Fair Ninja.

I do believe that Fair Ninja will impose fair terms and conditions on cases like this.

Return Policies are really sensitive in nature and could be quite a burden for the platform where the purchase transaction happened.

And all your concerns are really valid in such a way that even with Fair Ninja's mention of the 14 day return policy might not suffice the issue.

Hoping to hear a clearer answer to this concern from Fair Ninja themselves.

flash12i

member

Activity: 141

Merit: 11

Quote from: bitcoindusts on May 29, 2018, 11:41:22 AM

Quote from: Rapha-EL on May 28, 2018, 03:21:09 PM

Fair Ninja will be a marketplace for second hand goods all over the world. Its concept will be like OLX. Its good to know that there will be second hand online store that will be accepting cryptocurrency as payment. We do not always need to buy brand new things. There are instances that we need something for one time use and we dont have to buy them new, and if incase we already have them new and we dont need them anymore, we will be wasting them if we just put them aside. Good thing there is Fair Ninja where we can sell and make profit over our preloved items.

I'm with you on that Rapha-EL.

Disposing used items and unwanted gifts in a profitable way are always a big errand so to say.

And as the number of people involving themselves with cryptocurrency, having Fair Ninja around would be of a great ease and advantage.

Yes, the ever growing popularity and acceptability of cryptocurrency worldwide needs a platform such as Fair Ninja where they can find a wide range of classified listings and efficiently & safely utilize their digital assets and gaining profit too while at it.

ZeidFreak

member

Activity: 200

Merit: 10

Macho Gwapito ako!

Quote from: Rapha-EL on May 29, 2018, 03:38:23 PM

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

I dont understand how will AI be able to asses product quality and give market value? What will be distinguishing factor to consider, product descriptions, photos? How will AI detect if the product is defective or of poor quality?

Actually in this case Ai will provide advance technology feature, including software technology, we have this protocol of Proof of identity and Proof of registration that we can give information to the server wherein AI will easily get in touch with it. so no matter how hard to find this kind of quality AI will help you with that. So take it easy brother.

TrainDING

newbie

Activity: 74

Merit: 0

Quote from: Risktaker31 on May 29, 2018, 01:41:00 PM

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

What a wonderful time to be alive! Using on an AI system on a marketplace is such a good Idea and it will get your desired Items or product within minutes. Unlike the other system that only uses a word to word basis on the search tab on the platform it takes a lot of time.

I think BitcoinPanther refers to the costing ability of the system which automatically detect the item then gives a Suggested Retail Price (SRP) or Market Value which made it easier for the seller to post more of his items. This is really a great innovation of application through AI in online selling industry.

micahyahel10

newbie

Activity: 168

Merit: 0

Quote from: loopx on May 29, 2018, 01:02:22 PM

Quote from: tatalin on May 20, 2018, 09:11:11 PM

Fair Ninja is a one-stop online shop accepting cryptocurrency as payment that is globally available. Fair Ninja will merge with another online shop in other countries, making buyers to have broad choices of product. This will also help the buyer to find the product they want at a reasonable price.

Definitely, it will be a reasonable prices, due to lot of competition of the advertisers and or sellers, they can't manipulate the prices therefore offering the buyers a competitive prices.

Wow, so it means that this project will be working with several local online shopping sites? That would be really amazing since it will really be making a lot of people learn about cryptos which can make them curious about it and try cryptos out themselves. Another great thing is that we will be able to pay less when the items are from local shops. Plus the payment options.. man oh man, this project will surely be a huge success!!

Rapha-EL

newbie

Activity: 76

Merit: 0

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

I dont understand how will AI be able to asses product quality and give market value? What will be distinguishing factor to consider, product descriptions, photos? How will AI detect if the product is defective or of poor quality?

Risktaker31

full member

Activity: 420

Merit: 134

Quote from: BitcoinPanther on May 29, 2018, 11:56:49 AM

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

What a wonderful time to be alive! Using on an AI system on a marketplace is such a good Idea and it will get your desired Items or product within minutes. Unlike the other system that only uses a word to word basis on the search tab on the platform it takes a lot of time.

loopx

newbie

Activity: 31

Merit: 0

Quote from: tatalin on May 20, 2018, 09:11:11 PM

Fair Ninja is a one-stop online shop accepting cryptocurrency as payment that is globally available. Fair Ninja will merge with another online shop in other countries, making buyers to have broad choices of product. This will also help the buyer to find the product they want at a reasonable price.

Wow, so it means that this project will be working with several local online shopping sites? That would be really amazing since it will really be making a lot of people learn about cryptos which can make them curious about it and try cryptos out themselves. Another great thing is that we will be able to pay less when the items are from local shops. Plus the payment options.. man oh man, this project will surely be a huge success!!

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Fair Ninja imploring the AI technology is quite impressive.

Imagine posting an item and Fair Ninja's AI detecting it automtically (and perhaps classifying the item too and giving the seller the prevailing market value, etc.).

This gives the seller a logical realization and analytical financial overview while making product posting more easy, immersive and convenient.

jackbit

newbie

Activity: 56

Merit: 0

Quote from: Bailey519 on May 28, 2018, 07:28:57 PM

what if the problem occurs with in the couriers responsibility ending the buyer receiving a damage or different product how can the seller defend him self when accused of scamming? can they send proofs before delivery? and how about when the buyer demands refund if its not the sellers fault when the product have problems, sure their will be an investigation what if its on the couriers party's fault how can coins be returned?

My wild guess would be "custom return policies".

And this is not new to existing classified platforms and avenues. More so, for used items.

And again, as stated in Fair Ninja's whitepaper, reviews and ratings will be applicable for both seller and buyer, thus, i doubt any of the said party would try to purposely sell or return an item just for the heck of it without guaranteeing the good is either good (on the seller's part) or bad (in the buyer's perspective).

bitcoindusts

sr. member

Activity: 1092

Merit: 271

Quote from: Rapha-EL on May 28, 2018, 03:21:09 PM

Fair Ninja will be a marketplace for second hand goods all over the world. Its concept will be like OLX. Its good to know that there will be second hand online store that will be accepting cryptocurrency as payment. We do not always need to buy brand new things. There are instances that we need something for one time use and we dont have to buy them new, and if incase we already have them new and we dont need them anymore, we will be wasting them if we just put them aside. Good thing there is Fair Ninja where we can sell and make profit over our preloved items.

I'm with you on that Rapha-EL.

Disposing used items and unwanted gifts in a profitable way are always a big errand so to say.

And as the number of people involving themselves with cryptocurrency, having Fair Ninja around would be of a great ease and advantage.

elycoinz

jr. member

Activity: 56

Merit: 1

Quote from: battlestarx on May 28, 2018, 01:53:14 PM

Quote from: ANGELA07 on May 19, 2018, 09:11:50 PM

We know that fair ninja is not new one and the platform must say interesting,
but how can you be sure that the product or service you are considering is worth buying?
What can you give to your customer satisfaction and your site is trustworthy?

I agree that the concept itself is really not that new to us but think about it, there really hasn't been a lot that has succeeded yet. This gives way to the fair ninja project to be able to prove itself to the masses that it is unique and really worth supporting and investing on. I believe that if the platform goes live, the traffic will be huge.

The blockchain is your best bet or trustworthiness, with records transparent and immutable, the project being on this technology should be enough to satisfy your doubt on trustworthiness.

As per the security part (if we talk about the execution of product release/payments), with Fair Ninja employing smart contracts, purchasing on the platform provides security blanket for both seller and buyer.

Topic: 💥⭕️[ANN] Fair Ninja - 1st Worldwide Classifieds Marketplace Using Blockchain⭕️ - page 43. (Read 6265 times)