Steem Flea Market is now LIVE. Give your stuff away, trade, buy or sell and earn SBD just by commenting.

in #steemit • 7 years ago

Grow your STEEM POWER by giving away the things you no longer need.

#SteemFleaMarket utilizes the power of not only the STEEM blockchain but also the power of our community.


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Steem Flea Market is now LIVE. Give your stuff away, trade, buy or sell and earn SBD just by commenting.

steemfleamarket (56) insteemfleamarket •  4 days agoGrow your STEEM POWER by giving away the things you no longer need.

#SteemFleaMarket utilizes the power of not only the STEEM blockchain but also the power of our community.


  • Use the power of STEEM blockchain + @steemfleamarket as the storefront for our very own, native FLEA MARKET.
  • Give away your stuff and make everyone benefit using our equal wealth distribution solution. Anyone who engages with #steemfleamarket earns a percentage of the reward pool.
  • Prices set for products are SIGNIFICANTLY lower than any other second-hand offerings on other systems such as eBay and Amazon.
    Check out my $1400 camera that I'm giving away for nothing here. ;)
  • We have an abundance of people with creative mind sets who can make a real change in the world with the right tools at their disposal that @steemfleamarketcan give them. Bear with me for a moment.
  • Steem Flea Market is not just a place to buy and sell for SBD. It's a place where volunatryism is at the center of the economy. Giving is healing and our goal is to enable people to give freely and by doing so, grow our steemit economy in a meaningful way.

Using STEEM as a means to feed our families.


Holding STEEM and SBD is rewarding in a number of ways. But to fully benefit from its power, in the future, and now, we need marketplaces. Sources of incentives to trade our STEEM and SBD internally. With an initiative such as #SteemFleaMarket people have a real incentive to use the power of their up-votes or trade SBD for real goods and services, knowing that there will be others interested in the exchange.The creation of marketplaces such as our @steemfleamarket is incentivizing us all to keep our SBD inside the STEEM blockchain and grow our up-vote strength so can help grow this platform into a powerful source of income.
Users of STEEMit Participating in different markets around the STEEM blockchain (there are a few following in our footsteps) can use our system of equal wealth distribution just by bidding on the item they are trying to secure.

How are we different from those who have followed this idea on steemit but are strictly in the buy/sell facilitation business?


One sentence: Upvote Lottery Style Give Away If The Upvote Meets The Minimum.With the power of steem anyone can give anything away. What does this mean? It means that the item you want to give away has a minimum target price you want to reach in up-votes so you cover the initial costs you paid out of your pocket for the stuff you're giving away. In turn this means that curation guilds and users can upvote#SteemFleaMarket and almost always allow for successful raising of number of upvotes to make any giveaway possible.The other flexible feature of Steem Flea Market is that users could list as an auction where they could set a minimum upvote plus set a min auction amount. Highest bidder wins after 7 days. The benefit to this approach to listing your stuff with#SteemFleaMarket is that it would be harder to scam the system because several people would be bidding. Of Course, since actual SBD would exchange hands there needs to be a clearing house and that would be @steemfleamarket This is the optimal way to ensure that everything is contained within certain parameters of security and accountability when using such blockchain-based markets.

Circular flow of steemconomy: Flowing goods and services through the STEEM blockchain.


We have two things happening here. One, is injection of money into the STEEM eco-system and two, leakage of money out of the STEEM ecosystem. Goods and services flow in one direction and money flows the other way. This economic relationship is an important motivator behind#SteemFleaMarket.

Suppose steemit is a sort of a banking system and curators' up-votes are the lending money. Content creators/steemians/borrowers of "up-votes" use the rewards to buy goods and services through #SteemFleaMarket, which then creates an injection of that money to go back into the circular flow of the STEEM economy. If you had to pay taxes on steemit, then this would create leakage - however we are interested more in spending our SBD and STEEM right here to inject it back into the circular flow of the STEEM economy. When you "export" or give away something through#SteemFleaMarket - you are injecting, earning income from upvotes for the goods or services that you give away. I read something about @nedmentioning circular markets but so far, it has only been the community that took action and started to create these markets organically, without outside influence or sponsorship/delegation.

Why now?


Because the time is now and the place is here. When @binkley and I started brainstorming #SteemFleaMarket - no one showed us any signs of doing anything similar. I announced the project through Utopian.io and saw the feedback from people. There wasn't a single negative comment and people jumped on board using #steemfleamarket the same day and with great success.There are similar (but not anywhere near the same!) markets such as #kr-market@classifieds @steembay and a bunch of others. Some were created before us (#kr-market) and some right after (@steembay). It makes me happy to realize that perhaps this is what @ned was referring to when he said that he wanted to see circular markets happen on his STEEM blockchain. The more the merrier and no one is in a direct competition with us. Today, steemians have options like never before to accommodate their specific needs and wishes with services like @steemfleamarket.

Who's behind#STEEMFLEAMARKET?


The Community owns #steemfleamarket - they can choose to kill it or heal it.
Currently @binkley is the main developer backing #SteemFleaMarket helping create a storefront where users will be able to browse and bid on goods and services through SteemThat.com He already has identified some of the potential issues and continues to work on solutions to further make#SteemFleaMarket the best hashtag and @steemfleamarket marketplace to sell, give away, and trade your goods and services.Some things cannot be controlled and rectified by our two-minnow team. Things like:
Community consensus, reward distribution, willingness to up-vote, the future of Smart Media Tokens etc...
There will be an announcement from us about a bot system that is being build to deal with giveaway winner selection, equal rewards distribution system and improving the UX of SteemThat's #SteamFleaMarket UI.We are open to suggestions and partnerships

How exactly does it work?


It would be nice to have a bot monitor a hashtag such as #steemfleamarket and do the rest. However there's a big PROBLEM with using such a bot, in example, that if someone decides to use #steemfleamarketjust because they see it available to use as a hashtag but not for the purpose of selling or giving anything away. Such approach could and WILL create clutter on steemit.com and turn this place into a dump. We propose to aggregate all posts through @steemfleamarket where everyone who is serious about using the service can post their stuff up for giveaway/sale on @steemfleamarket and eliminate the inconvenience of having these offers clutter people's blog rolls and steemit.com in general.We will issue a posting key to people whose accounts are in good standing so anyone can post with that key exclusively to @steemfleamarket and people can follow this account to stay updated on the latest offers. This account will be monitored and organized into categories a la Craigslist on steemthat.com for your convenience. SteemThat integration will also have a private messaging service where users can negotiate details like shipping address and costs of shipping. This is something that our competitors here on the steem blockchain cannot offer: privacy and private communications.



7 years ago in #steemit by
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