Creating ATOM Market - An $ATOM Only Marketplace
To immediately clarify - I am not asking for any money, nor have I asked for any money. Idea Once permissionless CosmWasm is on the Hub, launch a decentralized marketplace as a smart-contract for physical and digital goods. The way this would work is a seller creates a listing. The price, description, title, etc are all stored on chain through the smart contract. The listing pictures are stored on IPFS and then the IPFS links is returned by the front end into the smart contract listing creation execution. Once a seller ships the physical or digitial item, they mark the item as shipped. Then, once the buyer receives it, they mark received. It is at this point that the funds are released by the smart contract to the seller. There are hardcoded arbitration addresses which can be signalled by a smart contract message. These arbiters can settle disputes. Beyond the marketplace, this could serve as a great escrow utility! Have a bet with your friend? Create a listing, have them purchase it, then funds are only released when both parties are satisfied. If you get scammed, an arbiter is there to save the day. The MVP is live on Juno mainnet, but I’m making improvements every…
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many ideas this last week. I like yours. A real usecase would be great.
If you know anyone skilled at frontend design send them my way! Would love to make this a half decent project.
While we believe this idea still requires significant refinement, we must say that messages like this are a breath of fresh air. We hope to see more builders and thinkers like you stepping forward to present new ideas and projects.
We have long hoped for the emergence of a talent platform within Cosmos, as discussed in this thread:
Context: It’s widely recognized in the Cosmos Ecosystem that there are certain coordination challenges. These are inherently linked to the decentralized nature of the system, which is a feature, not a flaw. However, these issues should be addressed to alleviate the problems they create, potentially hindering adoption. One such challenge concerns the absence of a centralized entity to effectively guide and unite talent within the ecosystem. Analysis: To further analyse the situation, we also fou…
In the meantime, this forum remains the best place to share and refine such initiatives. Thank you for bringing your ideas here—we hope you’ll find support and collaborators to help turn this vision into reality.
Hey! Thanks for the reply. I’d love to hear any of your thoughts on refinement. This is the time to do it before permissionless cosmwasm launches on the hub if I need to restructure something from 0.
Let’s just do it. When we discussed your product on Juno, I remember telling you a thousand reasons why it shouldn’t be done, but realistically, we do need such a product. We need things to happen in the real world.
And besides, permissionless is permissionless.
So as soon as that change is made, please do put your fully uncensored physical and digital good marketplace directly on the Hub.
Hey Jacob, great to hear from you again. So, I have “just done it” technically since it’s already a “working” product on Juno mainnet. But I want to make it as good, functional, and logically sound before the real launch on the hub. So any feedback on those points (or if you know a gosh dang FE designer
) would be hugely appreciated!
TLDR is the thing works, but looks like shlt. I want it to not look like shlt when on the hub
Is the code open source?
Maybe leave a link to the repo here and maybe someone can AI up a front end for you.
I did this the other day and tbh I was very pleasantly surprised.
Note: just saw the github link, cloning and will try the process I used the other day
Sweet thanks, let me know what you think. As a reminder I have it so you have to connect keplr before anything renders so a bot touching the page doesn’t hit public infra.
One of the primary challenges in implementing a blockchain-based dispute resolution platform is the legally binding nature of agreements. While blockchain provides an uncensorable and immutable record of an agreement signed by both parties, conflict resolution remains a complex issue. By definition, a dispute arises from differing perspectives, making it difficult to establish a purely objective interpretation of contractual terms. Smart contracts operate in a hard-coded environment, which presents a fundamental challenge: ensuring contractual terms are precise enough to eliminate subjective interpretation while maintaining the necessary flexibility to address real-world disputes. The Legal Dilemma A purely on-chain dispute resolution mechanism, while efficient, risks lacking enforceability in traditional legal frameworks. For a contract to hold up in court, it must align with legal standards that extend beyond blockchain’s automated execution. This raises an important question: how do we bridge the gap between smart contract enforcement and real-world legal frameworks? To enhance real-world applicability, we propose that a physical legal entity should be tasked with…
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I guess I’m confused. Wouldn’t legal unclarity about smart contract enforceability apply to any decentralized application?
