I worked for a marketplace and had a day per week to work on whatever shenanigans I wanted.
So I built an equivalent marketplace based on an etherium smart-contract, web3 and all the decentralized stack. It was just a tech project but got some interest internally to see if there is any future in it.
TL;DR: No.
No one wants to make a marketplace even more expensive by paying for gas when you buy or place a bid.
Prices, speed, customer support and trust (in the brand name) are what drive people to use a platform or another. Blockchain tech doesn't add anything to that space.
Comments
I worked for a marketplace and had a day per week to work on whatever shenanigans I wanted.
So I built an equivalent marketplace based on an etherium smart-contract, web3 and all the decentralized stack. It was just a tech project but got some interest internally to see if there is any future in it.
TL;DR: No.
No one wants to make a marketplace even more expensive by paying for gas when you buy or place a bid.
Prices, speed, customer support and trust (in the brand name) are what drive people to use a platform or another. Blockchain tech doesn't add anything to that space.
ETH is not the only smart contract game in town.
It is being crashed by their own unscaleable, misdesigned weight and picked apart as we speak.
Large ETH ecosystem shows the level of demand in this space, but not the necessity to use ETH.