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The Decentralized Secondary Market

Explore how Hedera.X tackles problems in the decentralized secondary market, offering a platform for bidding, tracking, and flipping goods for profit. Leveraging Hashgraph's speed and accuracy, users benefit from secure transactions and transparent verification. Follow Hedera.X's roadmap for enhanced product tracking and a fully operational marketplace.

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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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