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Author Topic: Digital Goods Store Info  (Read 13683 times)

msin

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Digital Goods Store Info
« on: March 24, 2014, 04:34:35 pm »

Would love to hear from CFB (or anyone who has info) here on how the Digital Goods Store will function. Will it be a trust-less application? Will it utilize AE or AM?  Looking forward to it! 
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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #1 on: March 24, 2014, 04:37:54 pm »

AM
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Eadeqa

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Re: Digital Goods Store Info
« Reply #2 on: March 24, 2014, 07:11:01 pm »

If there is no way for sellers to stop people from selling pirated media, I can guarantee not a single clips4sale seller (and I know many of them) will ever use nxt digital store. This probably will also apply to independent mp3 sellers.

 
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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #3 on: March 24, 2014, 07:12:07 pm »

And the movie industry didn't use the internet because people used the internet for pirating. We know where that went ;D
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Eadeqa

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Re: Digital Goods Store Info
« Reply #4 on: March 24, 2014, 07:23:19 pm »

And the movie industry didn't use the internet because people used the internet for pirating. We know where that went ;D

It's not about big "movie industry". It's about independent sellers who sell clips on c4s or  mp3 on amazon or itune, or images. They are not big studios. Opening a store on nxt will mean that thieves can check their stats that they are selling something that people are buying, clone it, and sell it for half.

This won't be a kind of place that I would recommend to any independent seller.

Yeah, thieves can sell stolen Hollywood movies all they want (I don't care), but maybe that will be sole purpose.

I would suggest my contacts to stay away.

 
« Last Edit: March 24, 2014, 07:25:28 pm by Eadeqa »
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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #5 on: March 24, 2014, 07:24:20 pm »

Nxt provides the protocol, people will use it as they wish.

Let's just see where this goes.
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Eadeqa

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Re: Digital Goods Store Info
« Reply #6 on: March 24, 2014, 07:33:55 pm »

Nxt provides the protocol, people will use it as they wish.

Let's just see where this goes.

I understand, but I won't suggest independent sellers to use the place. Not because I hate nxt, but because I care about my friends :)

I am fine if nxt store turns out to be a replacement to piratebey
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msin

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Re: Digital Goods Store Info
« Reply #7 on: March 24, 2014, 07:36:59 pm »

Does anyone have some kind of plan/solution for selling physical items in Digital Goods Store.
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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #8 on: March 24, 2014, 07:38:27 pm »

Don't think so. Maybe everyone is waiting for digital goods store to look at it and think about how to make it for physical goods.
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msin

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Re: Digital Goods Store Info
« Reply #9 on: March 24, 2014, 08:18:23 pm »

Don't think so. Maybe everyone is waiting for digital goods store to look at it and think about how to make it for physical goods.

Once we have AT, we could easily have an escrow solution for physical goods. 
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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #10 on: March 24, 2014, 08:34:02 pm »

Don't think so. Maybe everyone is waiting for digital goods store to look at it and think about how to make it for physical goods.

Once we have AT, we could easily have an escrow solution for physical goods.

I don't think so ;D

But please, enlighten me!
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msin

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Re: Digital Goods Store Info
« Reply #11 on: March 24, 2014, 09:14:39 pm »

Don't think so. Maybe everyone is waiting for digital goods store to look at it and think about how to make it for physical goods.

Once we have AT, we could easily have an escrow solution for physical goods.

I don't think so ;D

But please, enlighten me!

There was a testcase for AT escrow in the old BTT AT thread.  It's basically funds are committed when buyer sends Nxt using AT.  At which the point the buyer has the option to send the Nxt to Seller (after he receives item) or to a second account (Charity, Genesis, etc) if he doesn't receive item.  Neither party would have an interest in scamming because neither party would get the Nxt. 

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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #12 on: March 24, 2014, 09:26:36 pm »

Tell me how this works with weed.
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msin

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Re: Digital Goods Store Info
« Reply #13 on: March 25, 2014, 01:56:06 am »

Tell me how this works with weed.

The same way, although if you want an SR solution, you may want to just use a reputation system, which I believe Wesleyh will be adding to client.
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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #14 on: March 25, 2014, 08:01:44 am »

Quote
we could easily have an escrow solution for physical goods.

Without some other system (reputation for example), your idea won't work. That's all I wanted to point out.
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msin

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Re: Digital Goods Store Info
« Reply #15 on: March 25, 2014, 12:47:59 pm »

Quote
we could easily have an escrow solution for physical goods.

Without some other system (reputation for example), your idea won't work. That's all I wanted to point out.

That's the point of Automatic Transactions, it can be trust less, do some research.
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bitcoinpaul

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Re: Digital Goods Store Info
« Reply #16 on: March 25, 2014, 01:33:08 pm »

You said "easily for physical goods"

I said "Tell me how it's gonna work with weed"

You said "ah well, reputation system or something else"

A sends NXT via AT to B, B sends weed, A says: never delivered. AT doesn't solve that.
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msin

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Re: Digital Goods Store Info
« Reply #17 on: March 25, 2014, 02:50:32 pm »

You said "easily for physical goods"

I said "Tell me how it's gonna work with weed"

You said "ah well, reputation system or something else"

A sends NXT via AT to B, B sends weed, A says: never delivered. AT doesn't solve that.

Yeah, but A wouldn't have incentive to say they didn't deliver, because Nxt wouldn't be returned to A once placed in AT.  Plus you add the reputation system to help.  I think we can improve on SR methods, but the real advantage would be to allow p2p direct transactions, rather than having hundreds of BTC in SR escrow.
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kodtycoon

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Re: Digital Goods Store Info
« Reply #18 on: March 25, 2014, 11:53:35 pm »

what if the seller doesnt actually send anything though? then the buyer gets screwed and the seller doesnt win or loose? i think this is where a trusted physical goods escrow service would come into play.. once the seller builds up enough sales they would have the rep to not need escrow. i think a 3rd party would have to get involved in this one atleast for sellers with little or no reputation.
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msin

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Re: Digital Goods Store Info
« Reply #19 on: March 26, 2014, 01:46:17 am »

what if the seller doesnt actually send anything though? then the buyer gets screwed and the seller doesnt win or loose? i think this is where a trusted physical goods escrow service would come into play.. once the seller builds up enough sales they would have the rep to not need escrow. i think a 3rd party would have to get involved in this one atleast for sellers with little or no reputation.

Yeah, good point.  You could make the 2nd AT option a mediator, so if buyer doesn't receive item, Nxt will automatically be sent to 3rd party mediator who will resolve the issue.  Since it would be a rare case, the 3rd party wouldn't be inundated and there would be no incentive to scam.  I elect Anon!
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