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OpenBazaar — Decentralized marketplace using Bitcoin
A FREE ONLINE MARKETPLACE. NO PLATFORM FEES. NO RESTRICTIONS. EARN BITCOIN
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Congrats on the launch! Just put up some fresh grey socks on my store, they are going to be a pretty hot item. Don't wait, they'll be gone! :P
@drwasho lol! If you really are interested! 🙌🏼 ob://457f5e26c20caff811e497a9d4cde83251ff9117/listing/402192ba8ebaf8d4c28b369172b4cbda9396f923
The press release went out yesterday on their blog and OpenBazaar is LIVE 🔥
This new model of commerce is not controlled by a company. Allowing peer-to-peer trading with no fees.
A little background on funding:
In 2015, the OpenBazaar core-developers received funding from Union Square Ventures, Andreessen-Horowitz, and angel investor William Mougayar to form a company, enabling full-time development of the protocol and software. The company, named ‘OB1’, will continue releasing improved versions of the software over the coming months, and will begin offering services to users on the network.
Love the Idea of Openbazaar, I've been following it for sometime, glad they finaly release it. But I can't find anything :/ I think ProductHunt kill it (too much traffic)
@francisperron our bootstrap servers went down momentarily due to traffic but we should be back up now!
I have only one question - how are they going to solve the problem of seller credibility? It's all cool, many trendy words and big investments but what to do if I pay for a quadcopter and get, I don't know, a packet of rice in the parcel?
@antonsekatski if you purchase it using a "moderated payment" then you can start a dispute and you'll get your money back if the seller really scammed you. A moderated payment uses 2-of-3 multisignature wallet which means it only needs 2 (you and the moderator) out of all parties to sign the bitcoin transaction.
anyone have any stats on their current community? MAUs? Number of products? etc... @bentossell
Very interesting! I do think a mobile app would be very helpful since in that case users are used in having to "download an app" for something. I can also imagine that one could have an app where you snap a picture of something and you tweet the ob link to it in pretty much two taps. There are similar mobile market apps, however since these have fees, this ought to overtake them and in that case it would be app vs app, rather than desktop web markets vs desktop app.
Awesome! These guys are have a real chance of completely reinventing commerce on the web. Gonna be interesting to see which verticals they focus on first (given historical bitcoin marketplace verticals)..
@flypostboy the idea at first will be to focus on users who need Bitcoin the most and so we are likely to see it grow in places where banking is bad, incumbent marketplaces are restricted or in goods and services that are unique and not so mainstream. We also plan to focus on attracting digital goods merchants heavily. Thanks for the kind words.
Brilliant and interesting!
The only question is what are you do if it used to buy and sell children, weapons, illegal drugs, etc. ?
Super exciting. Will be watching this. Great use of bitcoin. Two big biz model innovations at once though--bank shot. Hard!
Used the beta release now this one. Extremely easy to use and I see a big future for this.
Absolutely love this! Decentralization is going to be a major theme for innovation in the next few years. Love how you all have applied it to commerce.
Two minor points of feedback:
1) After signing up for an account, maybe take me to the discover page instead of my account? Once I sign up, I want to start looking for things rather than look at my blank account page.
2) There's a minor typo in your first onboarding screen, "Please note that it may look and feel a bit different than what you're use to...". It should say, "used to".
Congrats @openbazaar. Great work!
Hurdlr