Author

Topic: What drug marketplaces do wrong. (Read 563 times)

t3a
full member
Activity: 179
Merit: 100
December 05, 2013, 02:03:07 AM
#3
3b)For some reason the exchange doesn't go well. The price is wrong, or it takes too long, or the buyer left a bad review. Both buyer AND seller lose their deposits.

Why would any buyer agree to that?
full member
Activity: 144
Merit: 100
December 04, 2013, 11:20:19 PM
#2
> It is a really bad idea to let the customer know which seller he is buying from.
> It is really bad to let the seller know which customer he is selling to.

Unenforceable, and they have to exchange physical addresses anyway. (Not necessarily their home addresses, but patterns would be easy to find.)

> The marketplace should NEVER hold the money. It should only pair people up anonymously.

2-of-3 escrow would work well.
newbie
Activity: 45
Merit: 0
December 04, 2013, 10:37:01 PM
#1
It is a really bad idea to let the customer know which seller he is buying from.
It is really bad to let the seller know which customer he is selling to.
The marketplace should NEVER hold the money. It should only pair people up anonymously.

The site should let sellers sign up for a small fee, and then the site should orchestrate A/B testing to determine which sellers are real. There should be multiple sellers for each product at all times.
Buyers are paired up with sellers at random.

1)The Buyer and seller both put a deposit at stake.
2)the marketplace pairs up the buyer and seller.
3a)The buyer and seller prove that he exchange went as expected, so the marketplace gives back the deposits.
3b)For some reason the exchange doesn't go well. The price is wrong, or it takes too long, or the buyer left a bad review. Both buyer AND seller lose their deposits.

Jump to: