Launched my Decentralized Online Marketplace, on TokenMarkets July 6, 2018 College Crypto Vol. 6

Noah Ramos W.P. Carey School of Business, Studying Economics

I stumbled upon the TokenMarkets application while reading Mastering Bitcoin on page 284 in the section titled Counterparty, which describes the protocol layer with having the ability "to create and trade virtual assets and tokens in order to express digital ownership and to rent, access, trade, or shop for content, products, and services" in the digital atmosphere.

Cryptocurrency Marketcap: $270,215,123,257 on Coinmarketcap!

Bitcoins in circulation: 17,133,013 According to Blockchain Wallet

Live Coin Tickers:
Bitcoin: https://api.coinmarketcap.com/v1/ticker/bitcoin/
Litecoin: https://api.coinmarketcap.com/v1/ticker/litecoin/
Ethereum: https://api.coinmarketcap.com/v1/ticker/ethereum/d

Decentralized Marketplace, Ebay Defeator

As you can see from the screenshot of my account with TokenMarkets, I have 1 item for sale, a gold Stainless Steel Nixon digital watch that is in nearly perfect condition and functions perfectly. The watch is avaliable at my store, *Nested Products* for $65.00 worth of Bitcoin. My BTC wallet address is linked with the item in order to accept bitcoin payments through a totally decentralized marketplace. TokenMarkets has partnered with Civic to ensure your identity on the Blockchain when creating your account.

IF ANYONE IS INTERESTED IN PURCHASING THE WATCH AND BECOMING MY FIRST BLOCKCHAIN CUSTOMER, THE WATCH CAN BE FOUND HERE: https://tokenmarkets.com/catalog/ncramos

TokenMarkets Features and Advantages over Competitor Ebay

• TokenMarkets charges $0.33 per normal item listing, $0.40 for downloadable purchases, and $0.80 for token deliveries in the form of action credits; when you create your account you receive 250 free action credits and addition credits cost $0.01 / credit.

• Without a membership through Ebay, users of the platform pay as much as 15% on all final sales prices to the company and on the low end around 4%-7%. In TokenMarkets to accept USD via credit card, only a %1.5 fee is applied to the purchasing price.

• In addition to the very clean and user friendly platform design, TokenMarkets allows you to track your sales in an organized tab, track where you are converging your sales from through applications like Facebook Pixel found here: https://www.facebook.com/business/learn/facebook-ads-pixel

Premium Account Features

If you look to the right, it can be seen with the $7 premium plan, 600 credits are granted to the user. Assuming you are only selling a tangible product that cost $0.33 at the point of sale, plus the 1.5% fee if payment with a credit card is used. If payment is received in Bitcoin or another accepted cryptocurrency, that $7 would get you roughly 18 listings per month being as there is no processing fee for the crypto.

With ebay limiting so many marketing features and control over YOUR information and the way YOU INTERACT with YOUR CUSTOMER, it is a blessing that their is finally a completely open-source marketplace.

Conclusion / Summary

In this Steemit Post, I went over the introduction of a new marketplace backed by Blockchain Technology that allows the seller to control everything from the way they advertise their product too the price and discounts that you can offer . With powerful tools being offered by Social Media Titans such as Facebook Pixel, you can record, analyze, and use your lead generation data to find a better targeting strategy. None of which Ebay has integrated. The reduction in fees alone from this switch in platforms is enough to save big bucks over the lifetime of your business. Thank you for joining me, Noah Ramos, for Vol. 6 of College Crypto and if would like to see more content like this get better, please leave a comment and an upvote if you found this useful; please feel free to reach out to me via email, Instagram, or the College Crypto Facebook group in the link below!

Side-Note: I have years of experience with selling on Ebay and know the ins-and-outs of the marketing, bumping, price-awareness techniques, inventory management, picture profiling and more. If you have a current Ebay business and would like to expand your profit potential in one of the most cutting edge technologies, I would love to be apart of it and would be excited to work something out!

Email: ncramos@asu.edu......... Instagram: @topp_ramos_......... Twitter: @noah_ramos__
College Crypto Group: https://www.facebook.com/groups/1481717778542301/
Donations:
Litecoin Adress: La2XY8MPmkt1R57yczbSZwyiE5aMTEgR5H
Bitcoin Address: 1JNe16PviKjywWSrAJ5MEWJiakNxWhwEC9