Hi Dev,
The end goal ultimately for APEX is to achieve merchant adoption. So, what springs to mind is that the wallet has to be the platform that facilitates trade, and also is a ledger that keeps 'accounts'.
At the current moment we need an intervention currency, in our case it would be BTC.
Maybe a service can be put into the wallet where you can use (convert) APEX (to BTC) to buy goods and services offered in BTC. Now that bitcoins is gaining mainstream adaptation. We could use this as an 'intervention' currency to help people to actually spend APEX on real world items.
This has already been implemented by SaffronCoin.
They also now have an option to buy SFR through paypal.
Perhaps its time to Adapt? to Thrive?
I was talking about 'accounts' earlier.
This is purely an idea to speculate upon.
Traders could also use an APEX portal. This would be the market place to advertise their goods (like a mini EBAY). I suppose this decentralized market would have to be built first with all the tools to connect traders.
My initial idea was books. Ebooks. Right now maybe books related to hashing algorithms. Networks, bitcoins, Crypto-currencies. People could upload these books in exchange for APEX (through downloads). Since majority of the traders in crypto barely understand jack-shit about it. And music, i use beatport to download good quality music. Maybe the community can share their music in exchange for small amounts of APEX. Ofcourse we're looking at licensing and stuff like that, but its more or less the same thing as selling CD's in a music store, but digital files. Even other entertainment like pieces.
In the APEX wallet there could be like a downloads section maybe where you can store music, pdf's, and so on, onyour local pc. I suppose now we're looking at an online-offline storage system that has records of things purchased on the APEX portal that uniquely is linked to the wallet. So, if your computer crashes still there is record of your purchase from the market place and still you're able to download previously purchased items.
Another idea i had was giving buyers the option of paying in alternative cryptos.
A system that benefits APEX.
For example:
I have an ebook for sale. and my friend want to pay for this ebook with DRK. The system would ideally sell the DRK for BTC (at the existing buy order), and then use the BTC to purchase APEX (at the existing sell order). The apex purchased is given to me at the agreed price. This way there would be continuous buy support for APEX. More volume too.
Im just spilling out ideas here. Maybe it can be put into good use.
Thanks
There are some nice ideas in there. The payment processor piggyback that SFR has is something we have been looking into and will be working on in the background as we work on wallet updates, because the ability for users to spend APEX anywhere BTC is accepted is too good to pass up. We just cannot currently give a release date.
As for portal for music/ebooks, that is something else we want to have included into the wallet. At first we did not want to do music/ebooks due to licensing issues, but now that we think about it, they would probably be the easiest to implement. The mini ebay idea was also something we are considering, but requires us to act as escrow for physical trades. This would be much easier for digital purchases, as we can code decentralization into the system, but that leaves music, ebooks, and mostly porn. We are unsure if that is the direction we want to head in at this time.
And thank you for showing interest.
