I didn't really get that.... Are you supposed to make us trust you as an escrow or what?? Or maybe you're just tryna let us know that you also have an idea about how the forum works?? Hmm, maybe not but this whole theory insinuates exactly the same point.
AFAIK, we have alot of trusted escrow in here and I don't think anyone would wanna try your idea -- of creating another general escrow that you feel it's safer by your own menial logistics.
Edit: I wonder why someone would just get up and decide to believe that we all haven't had an idea about how safe/ best we could trade?? Marvels me
Sandra 🧑🦰
Topic: Hello Im new in crypto but i have idea (Read 367 times)
Then how i make money in crypto?
I want to make 1000$ daily atleast then i see this crypto Has some point.
I want to make 1000$ daily atleast then i see this crypto Has some point.
You want to make 1000$ daily, you want to charge 2%, and let's say the average deal settlement for this business would be 4 days, so you would need to roll over 200k over the said period, but let's make it easier and count it in 24h timeframes and that's just around 20 million a year since you gave an example for London, we look at B&Q and they have 12 million a year per shop or if we go big, Ikea has around 90 million.
So you think you could alone manage teh sales what shops with ~100-300 employees do?
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
Hmm, you're the third party in this case!
Wow, 1000$ a day from crypto? That sounds like a totally realistic and achievable goal! I'm sure all you have to do is snap your fingers, and the money will just magically appear. I mean, who needs to put in any hard work or effort when you can just sit back, relax and let the money roll in? Good luck with that!
You forgot to add with no capital whatsoever or risk, but yeah, you pretty much nailed it!
Then how i make money in crypto?
I want to make 1000$ daily atleast then i see this crypto Has some point.
Everything still boils down to possessing the necessary skills and patience, though $1000 per day is a bit over the top and somewhat unrealistic, but just basically talking about making money through crypto requires skills and patience, nobody would pay you if you do not have anything to offer them, and if you do not have the patience to learn skills that you can offer, then it all comes down to the same fact that nobody is going to pay you a penny in the crypto market. I want to make 1000$ daily atleast then i see this crypto Has some point.
In your case, you clearly do not have any skill set for now, and it doesn't look like you have the patience to learn, you seem to want things pretty fast, something like a get rich quick scheme, mind you that it doesn't always end too well for people who quickly want to make money through crypto.
It would appear that the main point of this topic is how to earn $1,000 per day in cryptocurrencies. Looking at recruiting the best here in bitcointalk for your escrow service is ludicrous. The reputations of well-known escrow services here are built over time. It is not necessary for them to work for someone new in their field to be their boss. They won't even trust you bud.
Back to the primary concern of this topic. You should start a business that focuses on your area of expertise and passion. It doesn't have to be in cryptocurrency, as long as it has a chance to make $1,000 per day.
Back to the primary concern of this topic. You should start a business that focuses on your area of expertise and passion. It doesn't have to be in cryptocurrency, as long as it has a chance to make $1,000 per day.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
You mean escrow service? I think even not related with crypto you can do that kind of service. Having escrow on bitcoin or crypto arent common here but otuside the real application maybe they will get confuse unless they got idea of it already. Surely many will get away with it or avoid it due to unfamiliarity.OP I am bit clueless of your idea but does it include you working on a product or purely escrow alone?
I don't see centralized escrow services gaining much traction in the coming years but I do think that smart contracts and multisig will be useful to manage trust for larger transactions.
Multisig has the added benefit of lots of multiple parties like a board of administrators to decentralize the need to trust any single entity.
Single party escrow is going to become obsolete in the future as smart contracts evolve.
Multisig has the added benefit of lots of multiple parties like a board of administrators to decentralize the need to trust any single entity.
Single party escrow is going to become obsolete in the future as smart contracts evolve.
This is a good idea OP but I want to you focus more on how to facile any problem if anything happens, escrow service gets more intense if something goes wrong for example a fraud case, it will be on your neck since you are the middle man, I hope you get what I am aiming at here, find an answer to this then you are set.
Not necessary; he can use multisig to have a decision made by several different independent parties.
This is a good idea OP but I want to you focus more on how to facile any problem if anything happens, escrow service gets more intense if something goes wrong for example a fraud case, it will be on your neck since you are the middle man, I hope you get what I am aiming at here, find an answer to this then you are set.
Hi i tought that would be Nice to share with you the idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
There are at least two projects that I am aware of. The system you described, Openbazaar, was one of these. But regrettably, it stopped operating because of bankruptcy. I recently found LibertyTown, which is similar to it but emphasizes privacy more. In essence, both buyers and sellers are able to sell goods and services. Moderators are used to settle arguments in order to prevent fraud.
Hi i tought that would be Nice to share with you the idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
You will not have a trust issue if you buy those stuff on trusted merchants so best to see first their costumer feedback since it will save your time and money also you will not need any escrow with this.
And beside I can't trust a platform offering like this easily because they need to build a reputation first and to get that it need maybe many months or years for people to see them as worthy platform. To many scams happen and service like this most likely will not take easily by people who doubt and always do extra precautionary measures on their transaction.
Hi i tought that would be Nice to share with you the idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes. This idea of yours is equally not a bad one entirely, but one thing certain is that for people to use your escrow service, you just have to prove that you can be trusted, because developing an escrow service which charges 2% fee will be a good start, but all you have to do is either hire a developer to turn your ideas into live, while you do an intense marketing to expose your proposed escrow service for usage by those who will need the service of an escrow platform. Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Then how i make money in crypto?
I want to make 1000$ daily atleast then i see this crypto Has some point.
So you want to make quick money from crypto? Then how we can trust you with our funds? How may we make sure you will not skip the funds? If you don't see the point of crypto unless you can earn $1K per day then I don't see the point of this thread. I still not getting where you want to run your business. Are you wondering to create an escrow platform? I believe there are already. So the idea isn't new. I want to make 1000$ daily atleast then i see this crypto Has some point.
Then how i make money in crypto?
I want to make 1000$ daily atleast then i see this crypto Has some point.
I want to make 1000$ daily atleast then i see this crypto Has some point.
Wow, 1000$ a day from crypto? That sounds like a totally realistic and achievable goal! I'm sure all you have to do is snap your fingers, and the money will just magically appear. I mean, who needs to put in any hard work or effort when you can just sit back, relax and let the money roll in? Good luck with that!
Okay, let's cut through the sarcasm here. Making money from cryptocurrency is definitely possible, but it takes some effort. And there are lots of people that are making money from crypto right now (including me), but it's not easy. And it's not some kind of get rich quick scheme that will magically make you rich overnight. You have to be willing to put in the time and effort required, just like anything else in life that is worth doing well.
Hi i tought that would be Nice to share with you the idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
The problem would be the taxes since London will put a percentage of your profit or gains , not sure how many percent but its a bit high, and will be monitored by the government so this will be not a good idea at the moment , proper regulation should be in place if we really want it to happen, i remember by brother in law, were given a change everytime he purchase something, change via in bitcoin, after 2021 he just told me he always throw those paper, he regret it today. Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
Hello everyone
Glad to be a part of this community)))
Glad to be a part of this community)))
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
I totally agree with you, that's why we launched Zenland (https://zen.land/). We had exactly the same idea about escrow on smart contracts and you can already start using it. We are giving everyone 1$ upon registration to test Zenland. Our escrow smart contracts are working with any products or services (any exchange of value) but still feel free to checkout our use cases https://learn.zen.land/kbtopic/use-cases/.
I believe there are already such services, one of them is smartlink, the other is zen.land, so, you might be a bit too late, or perhaps not. But the fact is the decentrzlied escrow already exists, they are just not as mainstream because, well, I don't know why but they should actually be, because they are the safest escrow alternatives
Thank you @Eternalman for recommending us.
The problem is; do you have the skill set to investigate these sometimes complex cases? Escrow is a difficult job, since a lot of the time you can't really decipher who's lying, and who's telling the truth. So, you need to come up with definite rules that you stick too, and remain unbiased through the process.
However, there's also a bigger problem here. It sounds like you'll be doing this manually, without any sort of previous experience. What makes you a good escrow? Why would someone use you, instead of using software that has been designed to eliminate risk for all parties.
If you could come up with a way of doing a trustless escrow, therefore you never gaining access of the funds, then you'd be onto a winner. However, that's definitely not something that's easy to achieve. Also, do remember a lot of places require a escrow license if you wish to act as a escrow.
However, there's also a bigger problem here. It sounds like you'll be doing this manually, without any sort of previous experience. What makes you a good escrow? Why would someone use you, instead of using software that has been designed to eliminate risk for all parties.
If you could come up with a way of doing a trustless escrow, therefore you never gaining access of the funds, then you'd be onto a winner. However, that's definitely not something that's easy to achieve. Also, do remember a lot of places require a escrow license if you wish to act as a escrow.
I believe this has already been achieved, I know of zenland that does exactly what you describe plus, smartlink, but you will need to do a bit thorough research into them yourself find out more, as far I am I know I found zenland to be easy for newbies
Then how i make money in crypto?
I want to make 1000$ daily atleast then i see this crypto Has some point.
I don't know enough to be able to tell you how to make $1000 daily, but I know enough to tell you anyone who says so is a liar and a scammer. So, you should stay away from people like that.
The problem is; do you have the skill set to investigate these sometimes complex cases? Escrow is a difficult job, since a lot of the time you can't really decipher who's lying, and who's telling the truth. So, you need to come up with definite rules that you stick too, and remain unbiased through the process.
However, there's also a bigger problem here. It sounds like you'll be doing this manually, without any sort of previous experience. What makes you a good escrow? Why would someone use you, instead of using software that has been designed to eliminate risk for all parties.
If you could come up with a way of doing a trustless escrow, therefore you never gaining access of the funds, then you'd be onto a winner. However, that's definitely not something that's easy to achieve. Also, do remember a lot of places require a escrow license if you wish to act as a escrow.
However, there's also a bigger problem here. It sounds like you'll be doing this manually, without any sort of previous experience. What makes you a good escrow? Why would someone use you, instead of using software that has been designed to eliminate risk for all parties.
If you could come up with a way of doing a trustless escrow, therefore you never gaining access of the funds, then you'd be onto a winner. However, that's definitely not something that's easy to achieve. Also, do remember a lot of places require a escrow license if you wish to act as a escrow.
I believe this has already been achieved, I know of zenland that does exactly what you describe plus, smartlink, but you will need to do a bit thorough research into them yourself find out more, as far I am I know I found zenland to be easy for newbies
Then how i make money in crypto?
I want to make 1000$ daily atleast then i see this crypto Has some point.
The problem is; do you have the skill set to investigate these sometimes complex cases? Escrow is a difficult job, since a lot of the time you can't really decipher who's lying, and who's telling the truth. So, you need to come up with definite rules that you stick too, and remain unbiased through the process.
However, there's also a bigger problem here. It sounds like you'll be doing this manually, without any sort of previous experience. What makes you a good escrow? Why would someone use you, instead of using software that has been designed to eliminate risk for all parties.
If you could come up with a way of doing a trustless escrow, therefore you never gaining access of the funds, then you'd be onto a winner. However, that's definitely not something that's easy to achieve. Also, do remember a lot of places require a escrow license if you wish to act as a escrow.
However, there's also a bigger problem here. It sounds like you'll be doing this manually, without any sort of previous experience. What makes you a good escrow? Why would someone use you, instead of using software that has been designed to eliminate risk for all parties.
If you could come up with a way of doing a trustless escrow, therefore you never gaining access of the funds, then you'd be onto a winner. However, that's definitely not something that's easy to achieve. Also, do remember a lot of places require a escrow license if you wish to act as a escrow.
I believe this has already been achieved, I know of zenland that does exactly what you describe plus, smartlink, but you will need to do a bit thorough research into them yourself find out more, as far I am I know I found zenland to be easy for newbies
Hi i tought that would be Nice to share with you the idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
Crypto Are perfect way to provide escrow service for sellers buyers and other services.
For example: big city like London one person want to sell furniture but there is issue with trust so i tought i start to provide with 2% fee escrow service If we grow bigger then i can hire more people so that we can provide all kind of escrow service with crypto.
Yes there is some escrow services existing but i think it would be better to create one that is much better and everybody Will trust this service.
I figured that crypto can be perfect way to make it safe aswell and no third party distrubtion.
I think i can work allmost 24/7 enough to make this thing to work.
The more experinced and smarter guys here then i am could be the judge here over my idea.
I believe there are already such services, one of them is smartlink, the other is zen.land, so, you might be a bit too late, or perhaps not. But the fact is the decentrzlied escrow already exists, they are just not as mainstream because, well, I don't know why but they should actually be, because they are the safest escrow alternatives
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