I'm very bullish on this coin and the dev team. I saw a rumor that Blockchain Foundry wants to IPO?!
I'm still not sure if I grasp the concept of Blockmarket web - is the idea that only a SYS daemon is needed and the vendors and users use the BM web portal to administer? Without a Blockmarket Linux distribution running a server seems impractical/insecure.
Also I understand that everything is moving at light speed in this space, so I'm not demanding anything, just curious. Thanks.
Yes absolutely, we(Blockchain Foundry Inc) are working on going IPO in Canada very soon.
Anyone can already setup their own version of Blockmarket using the Syscoin API that we have developed to make it easier to integrate Syscoin's features into their own software.
Everything you see in Blockmarket Destop(and more) will be ported over to Blockmarket Web using the power of Masternodes as a hosting service.
Blockmarket Web: Pro Edition: Will allow you to run your own virtual mall on the Syscoin network and earn revenue from merchants; Shopify for the blockchain
Building on Blockmarket Web, the pro edition allows for multi-merchant marketplaces run by operators. Think of it as a virtual mall on the Syscoin blockchain. Mall operators don't have to sell any items themselves but provide the hosted space where other merchants can easily sign up, buy Syscoin, customize their space, and list their items while paying the operator a small fee maintaining the front end. With Blockmarket Web: Pro Edition you can run your own Shopify-like offering secured and powered by the blockchain!
We certainly understand the need for Linux versions and will eventually be working on it on a priority-basis.
Very interesting to see a blockchain company going IPO, mostly you see ICOs due to there being less regulation. Given that the product is a fairly mainstream application, I believe this would open the door for much more mainstream investment. Of course, everybody wants to invest and buy with crypto right now!
It seems like Blockmarket Web is aiming to be a combination decentralized market AND decentralized crypto exchange (why not)? And then throw some smart contracts on top? At some point I feel like it might be good to limit the feature set, just to avoid creating too big of a product. Also the blockchain could get bloated pretty quickly if all of these applications reached wide adoption. But then perhaps there is pruning? Or the masternodes will store the big data?
Ebay was a gamechanger in 97, Paypal followed in 00. The problems with frozen assets and scams started right away. Reputation systems helped with this. Today Ebay/Paypal are the bread and butter of small "long tail" businesses. Their $10 billion annual revenue seems like a reasonable target by 2020 (or sooner) for SYS!