Topic: Blockchain Gaming items Trading Problem (Read 99 times)
Yeah that's true, so the solution to avoid that (Avoid paying fees prior the actual sale)?
I think the reason why is there a fee even the item is for posting "for sale" only, even there is still no sure buyer, is because it is needed to prove in blockchain or need to record it just for proof that this item is for sale, and if your solution will offer only, for sure the data is not posted in blockchain, so there are a lot of instances it will be tampered or easily to modify/lost since for sure it will store it first in centralized database or entities.
It is like the same with some decentralized exchanges (ether delta before), if you post to open your sell position, you will pay a blockchain transaction fee for opening an order.
It is like the same with some decentralized exchanges (ether delta before), if you post to open your sell position, you will pay a blockchain transaction fee for opening an order.
Honestly, I've got confused about this.
It is common that every platform will get a cut for every sale of their sellers. And for the blockchain fee, that wouldn't fee the term that must be used. It's the fee that we are all aware of when we're sending or doing transactions under blockchain or cryptocurrencies.
An entrepreneur usually includes the fees, shipping, taxes, etc, and making it look like that it isn't included at all.
It is common that every platform will get a cut for every sale of their sellers. And for the blockchain fee, that wouldn't fee the term that must be used. It's the fee that we are all aware of when we're sending or doing transactions under blockchain or cryptocurrencies.
An entrepreneur usually includes the fees, shipping, taxes, etc, and making it look like that it isn't included at all.
Problem:
In the traditional "Black Market" Third Party Gaming item trading website the seller submits an item and when its sold the third party gets a commission out of the sale.
When trading gaming items on the blockchain Minting" the seller has to pay blockchain fees in order to submit that item to the blockchain, and that's quite problematic because the seller incurs fees even if the item doesn't sell. So the seller looses money even if the item doesn't sell !!!
Think of it, as if a seller pays for shipping costs on amazon even if the item doesn't sell.
Solution:
The seller offers the gaming item on a market, after the buyers decides to purchase the item it gets blockchenized and the fees are deducted.
In the traditional "Black Market" Third Party Gaming item trading website the seller submits an item and when its sold the third party gets a commission out of the sale.
When trading gaming items on the blockchain Minting" the seller has to pay blockchain fees in order to submit that item to the blockchain, and that's quite problematic because the seller incurs fees even if the item doesn't sell. So the seller looses money even if the item doesn't sell !!!
Think of it, as if a seller pays for shipping costs on amazon even if the item doesn't sell.
Solution:
The seller offers the gaming item on a market, after the buyers decides to purchase the item it gets blockchenized and the fees are deducted.
Jump to: