I forgot about paying fees to holders. That’s another great one.
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Glad to hear you @bennylava, the other very compelling reasons, and in the first place: Safex is a cryptocurrency powered marketplace, and what you mentioned about the blockchain being slow vs database…
Since with Safex as a seller you get Safex Cash crypto directly to your wallet at the moment of each and every sale you make. So in comparison to virtually every other form of payment and every other platform. You must request your money, and wait for it to arrive to your accounts. That will slow you down in your next maneuvers.
Also the amazons, ebays’ paypals… etc can withhold your funds, indefinitely for any reason at all.
These are some of the most compelling reasons. Keep in mind mentioned before, with a fee of 5% versus 15% + ; the idea is that you can list products for cheaper than they are found on Amazon and etc… so this means that you can advertise and compare prices, people will want to flock to the discounts any time.
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Good information, excellent !
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My take away here and replying the topic, I see TWM biggest value is that is “censorship resistant” (albeit not 100% censorship-proof and for good reasons stated above), more so that other similar platforms (i.e. Amazon, Ebay, Mecado Libre, Alibaba, etc). Those have way more regulatory aspect to them and have, and will continue to, make decisions on your business practice of selling (including fees).
Not all technologies are meant to be a replacement, so TWM brings a fresh alternative to those that want to have reduced risk in terms of their entire sales model being halted due to whatever reason it is that moment.
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@thinker you made me think further the novelty of the TWM API.
If in some country let’s say Arabia where alcohol is banned, over there no whisky sales so any API that is serving that area, won’t host alcohol.
However, that lets other API instances to host the alcohol for the world that does allow selling alcohol online.
So the system should prove itself quite viable, the strategy of this 2nd layer curation to cater to the target markets. Each API has its own URL so it can independently promote to the target markets it wants, and promote and sell the products there.
This is literally, the internet for ecommerce.
Wow. blowing my own mind right now. This is real and in play.
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Crazy cool!
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To summarize very shortly, we can compare following analogies:
Data:
Internet (servers) < - - - > Safex Blockchain (nodes)
Graphical user interface to display and interact with data:
Browser < - - - > TWM App (everyone can build their own)
Filter that decides which data will be displayed in the GUI:
Search engine < - - - > API (everyone can build their own)
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I think that sounds ok 
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hi
learning more but got me thinking of ways people to get around it
so anyone can list ANY products they want on the blockchain just not in TWM app as TWM app will filter out black market items, but since its open source…
could someone copy paste TWM app code, set their own filter to ‘show all products’ on the blockchain including black market items?
and then this one interests me and i guess everyone else holding SFT to get rev share
since they have their own TWM app with ‘no filter’ on products, if the rev share is higher on this black market app, would people not simply stake their SFT on this app instead of TWM app original?
how does the staking work? is it done through TWM app ONLY for the filtered products shown in the app or the full blockchain of products sold regardless if they are shown in TWM app?
thank you
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The way it works right now in the TWM pre-release wallet: Anyone can create an account and list anything they want (= submit a create safex offer transaction). Then, they can register their vendor account on the API, which means: The API provider will allow the vendor account’s listing to show up in the offer list that is made up by the API - or he will not. If you are a vendor and the API registration was successful/allowed, your listings will show up in that list for everyone else - otherwise, you will only see the listings yourself.
Staking and unstaking is a transaction type on the core protocol level. There is no differentiation made or possible. If you stake, you will collect fees made up by all sales transactions that are taking place on the blockchain - it does not matter in this case whether those were part of an API filtered/registered list or not.
To sum it up: The API in the TWM wallet is just a filter that is laid on top of the data which is pulled from the original blockchain to display only selected data. Transactions itself (send cash/token, create/edit account, create/edit offer, stake/unstake) are working the same (=result in the same outcome) in the TWM app as in a CLI wallet.
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thanks oli 
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If lets say the big pharma unlawfully succeed in banning vitamin C so that “Joe” average can’t buy it from the local store will we be able to buy or sell it trough Safex ?
If said product is still manufactured.
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@thxo1138 The essence of what you asked is possible…
Any person in the world would be able to
*purchase any item using Safex cash ($SFX),
*so long as it is listed by a seller,
*AND filtered to be included in a browsing app…‘The World Marketplace’ (TWM) is just one such app that may list nearly all vendors
*although anyone can make thier own app to display whatever vendors they want.
If I made an app showing clothing items, i would not list vitamin C through my app, but someone else might in their app… Likewise, if i sold a special version of Vitamin C, and make a health food app, I might not want to display my competitors Vitamin C"
- Also, each vendor/buyer would most likely need respect shipping/customs laws as certain products may not be allowed in certain countries
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Not even to be hinted at. Comment removed.
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He’ll get an email copy anyway.
Apologies if this was discussed before but how will Safex go about scammers and faulty or incorrect items? Like for instance ebay & paypal where you can dispute your purchase and eventually get your money back.
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@shonekapone I think the general idea with crypto payments is that they are thought about as one way irreversible transactions. So to add an intermediary to escrow the funds and handle payouts and disputes would mean you lose the peer-to-peer aspect.
I think the idea is that sellers will have feedback and reputation so buyers can make their own decision. And hopefully good sellers will have a way to deal with product return issues.
As for scammers, they exist everywhere online and offline, they always will, so the best we can do is try to educate ourselves and others.
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In the future I did map out to establish an escrow system, where you can see which escrow providers the seller is willing to work with, and as a buyer you can decide if it is a neutral and suitable escrow. Higher value items will want this feature for sure.
You would still have the decentralized nature, and peer to peer element, and I believe it would be possible to supply more than one escrow provider to bring ease to the customers, and account for the jurisdictions and customs of different regions in addition to product category as well.
At the start, we hope the API level has some amount of discretion who the sellers are and so you would have the seller information who would have to answer to the scamming should it have occurred at all.
In the long run more money is earned by being a good and legit player. Keep in mind the feedback system built in also which will help people to identify good sellers.
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Very cool!
That could mean one theoretically could become an escrow service in TWM, for arbitrage or diminimus fees maybe…
This proves yet another way to earn a new revenue stream for those that can fund it, plus showing that really anyone in the world can participate in TWM! …
Pretty frickin amazing!
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Totally!
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