This is a great concept and I love it from the perspective that we are a small independent art gallery; representing some 30+ artists who try to publicize and my own artwork which I am also trying to bring to the world on a greater scale.
I love the idea of something that has the potential to walk hand-in-hand with our ongoing efforts at having this blog in the cryptosphere; I also live the idea of being able to introduce some of our artists to a whole way of bringing their work to a potential world audience!
What I also really like about what you're doing is that you have an actual "for profit" business plan here, not just a handful of "magical beans" that might or might not become "something." I think if the crypto world is to be taken seriously on a large scale, we need to have actual economically functional business models.
Thanks! I'm going to keep an eye on what you guys develop here.
Whereas I have used eBay with moderate success for many years, part of my issue with them isn't so much that there's a final value fee, but that you're out a bunch of listing fees, even if your items don't sell. Whereas I recognize that may be part of a for-profit model, it discourages many from participating. In fact, I'd happily pay a higher FVF in exchange for not having a listing fee.
Of course, the idea of being rewarded for initiating commerce... rather than having to pay for it... is very appealing.
Interesting and thanks for your feedback. I believe listing fees kick in after a certain threshold of free listing or a certain number of images, etc.
eBay makes $500 Mil gross profit per month....there are hundreds of thousands, no, millions and millions of users who would find dStors incentivization appealing.
I agree A great Leader along with dApps having a for-profit venture will definitely lead to the success of STEEM blockchain and benefiting all of its users. I recall a famous quote from John C Maxwell which goes like:-
A leader is one who knows the way, goes the way and shows the way.
Hoping for good times ahead. Best wishes..
Fan of the project and already delegating 500SP but that 2020 doesn't really add to the seriousness here IMO :D it looks like some kids just playing around and throwing out numbers and graphs :D I know that you pointed out to not take it so too seriously and it's just a bold vision but I mean.. noone knows which of the platforms will "win the race". It's hard to say where STEEM will be in two years and here you're "estimating" all the other big players using "wizard ball" style :D post would be better without it IMO :) maybe at least different type of graph/table would be better...I feel it's just way too specific without actual need for it.
Want to earn STEEM for getting better in your own craft every week! Join Learn & Earn league!
I love the concept and believe it has potential to become a huge success. But how do you intend to deal with abuse? If i understand correctly, you could potentially use two accounts to sell "digital goods", such as e-books repeatedly to yourself while receiving tokens as both buyer and seller. If you live in EU you could also use your right of withdrawal to issue a refund/return, while still keeping your stors tokens. I see the vision and LOVE the idea, hopefully you have it all covered :))
Very good question. Every completed transaction pays a 7.5% final price fee. So, that should represent a barrier to abuse. Once and IF the price of STORS exceeds the 7.5% fee; then the auction based use of STORS token for upvote bidding should also further deter abuse.
I am extremely excited about dstors! Ever since I first saw it I knew it was a winner. It combines both cryptocurrency and eCommerce which is a beautiful, harmonious match up. Great times are ahead and this will inspire more for-profit businesses to be built upon the Steem blockchain 💪🏻
"Our revenue model is derived from seller paid fees calculated from final sales price and product listings transacted on dStors.com. We readily accept STEEM and SBD as well as Visa and Paypal."
Why not also accept your own token? Or am I missing something?
Good question and yes, that option is open and available. We first want to open the biggest channel possible for easiest STEEM/SBD spend.
We will also attract merchants and sellers from outside of Steem community and thus the reason for accepting VISA/Paypal. However, STORS token spend for upvotes will at first require a Steemit account to be setup so ideally, new user signups should increase.
@dstors I am so Grateful to be one of the EARLY Delegators and I look Forward to the HUGE SUCCESS that I feel is Ahead for what @dstors is going to do.........I am very confident that people will look back at this time and say "Why did I not Delegate Then ?"
This is great what you're doing and this is something that will bring a lot of value to steem. I'm excited to see the project unfold. If possible, I'd like to use the website to earn some additional income. I'm currently considering powering up more in order to delegate. I haven't made up my mind yet though. Take care! :)
This is a great concept and I love it from the perspective that we are a small independent art gallery; representing some 30+ artists who try to publicize and my own artwork which I am also trying to bring to the world on a greater scale.
I love the idea of something that has the potential to walk hand-in-hand with our ongoing efforts at having this blog in the cryptosphere; I also live the idea of being able to introduce some of our artists to a whole way of bringing their work to a potential world audience!
What I also really like about what you're doing is that you have an actual "for profit" business plan here, not just a handful of "magical beans" that might or might not become "something." I think if the crypto world is to be taken seriously on a large scale, we need to have actual economically functional business models.
Yeah magic beans are for suckers. 🤗
I think you've described an ideal dStors merchant!
Thanks! I'm going to keep an eye on what you guys develop here.
Whereas I have used eBay with moderate success for many years, part of my issue with them isn't so much that there's a final value fee, but that you're out a bunch of listing fees, even if your items don't sell. Whereas I recognize that may be part of a for-profit model, it discourages many from participating. In fact, I'd happily pay a higher FVF in exchange for not having a listing fee.
Of course, the idea of being rewarded for initiating commerce... rather than having to pay for it... is very appealing.
Interesting and thanks for your feedback. I believe listing fees kick in after a certain threshold of free listing or a certain number of images, etc.
eBay makes $500 Mil gross profit per month....there are hundreds of thousands, no, millions and millions of users who would find dStors incentivization appealing.
More to come!
I agree A great Leader along with dApps having a for-profit venture will definitely lead to the success of STEEM blockchain and benefiting all of its users. I recall a famous quote from John C Maxwell which goes like:-
A leader is one who knows the way, goes the way and shows the way.
Hoping for good times ahead. Best wishes..
Fan of the project and already delegating 500SP but that 2020 doesn't really add to the seriousness here IMO :D it looks like some kids just playing around and throwing out numbers and graphs :D I know that you pointed out to not take it so too seriously and it's just a bold vision but I mean.. noone knows which of the platforms will "win the race". It's hard to say where STEEM will be in two years and here you're "estimating" all the other big players using "wizard ball" style :D post would be better without it IMO :) maybe at least different type of graph/table would be better...I feel it's just way too specific without actual need for it.
Want to earn STEEM for getting better in your own craft every week! Join Learn & Earn league!
Understood. But if we're going to aim high, let's aim highest. That was the message the post was trying to convey.
Yupp, as I've said I'm on the hype train with you guys:D just a minor point I thought to get across :)
Posted using Partiko Android
I love the concept and believe it has potential to become a huge success. But how do you intend to deal with abuse? If i understand correctly, you could potentially use two accounts to sell "digital goods", such as e-books repeatedly to yourself while receiving tokens as both buyer and seller. If you live in EU you could also use your right of withdrawal to issue a refund/return, while still keeping your stors tokens. I see the vision and LOVE the idea, hopefully you have it all covered :))
Very good question. Every completed transaction pays a 7.5% final price fee. So, that should represent a barrier to abuse. Once and IF the price of STORS exceeds the 7.5% fee; then the auction based use of STORS token for upvote bidding should also further deter abuse.
great info and graphics, very cool, i'm along for the ride as a 500 SP delegator.
I am extremely excited about dstors! Ever since I first saw it I knew it was a winner. It combines both cryptocurrency and eCommerce which is a beautiful, harmonious match up. Great times are ahead and this will inspire more for-profit businesses to be built upon the Steem blockchain 💪🏻
Posted using Partiko iOS
Proof of brain needs to evolve into proof of business!
Why not also accept your own token? Or am I missing something?
Good question and yes, that option is open and available. We first want to open the biggest channel possible for easiest STEEM/SBD spend.
We will also attract merchants and sellers from outside of Steem community and thus the reason for accepting VISA/Paypal. However, STORS token spend for upvotes will at first require a Steemit account to be setup so ideally, new user signups should increase.
It is awesome that you accept VISA/PAYPAL!
@dstors I am so Grateful to be one of the EARLY Delegators and I look Forward to the HUGE SUCCESS that I feel is Ahead for what @dstors is going to do.........I am very confident that people will look back at this time and say "Why did I not Delegate Then ?"
dStores♥ Gazuaaaaa ;)
Let's Go, Gazuaaaa!
This is great what you're doing and this is something that will bring a lot of value to steem. I'm excited to see the project unfold. If possible, I'd like to use the website to earn some additional income. I'm currently considering powering up more in order to delegate. I haven't made up my mind yet though. Take care! :)