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The Decentralized Secondary Market

The Decentralized Secondary Market. Problems: Few formal marketplaces for goods Lack of tracking of legitimate goods. The reselling sneaker market alone is an estimated $1 billion dollar market. Reselling streetwear at 25%-100% premium over retail on average.

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The Decentralized Secondary Market

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  1. The Decentralized Secondary Market

  2. Problems: • Few formal marketplaces for goods • Lack of tracking of legitimate goods The reselling sneaker market alone is an estimated $1 billion dollar market Reselling streetwear at 25%-100% premium over retail on average

  3. Reselling streetwear at 25%-100% premium over retail on average

  4. Hedera X: The Decentralized Secondary Market • Allows users to make bids/asks on items in the marketplace • Instantly create follow up limit sells to flip acquired goods for profit • Tracks goods between users to create good history for verification

  5. Hedera X: The Decentralized Secondary Market • Takes advantage of Hashgraph’s strengths: • Speed • Accurate Timestamps • Tokens exchanged between users and can be optionally released upon good received

  6. Hedera X: The Roadmap Q4 2018 Q1 2019 Q2 2019 Hedera Hackathon: MVP Improve product tracking, currencies Beta live Q3 2019 Q4 2019 Introduce verification parties Marketplace fully live ICO

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