How to Find the Right Buyer for Your NFT
Despite the recent downturn in the cryptocurrency market and NFTs, the use-cases for NFTs are constantly expanding. NFTs are here to stay, and with the current diminishing prices, it signals a good buying opportunity for investors. But with NFTs being a new technology, buyers and sellers are still facing difficulties because most platforms make it very hard to find the right NFTs. A company called LUDO is currently developing its own platform to simplify the user experience in the near future. Today, with no optimization or aggregation on marketplaces, organic exposure, SEO, or proper....
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A real estate buyer in California profited nearly $1.3 mln after purchasing $4 mln worth of Bitcoin with an intent to purchase a house in California. Earlier this month, BitPay chief commercial officer (CCO) Sonny Singh was approached by a real estate buyer based in California who wished to purchase a $4 mln house solely using Bitcoin. Singh and the BitPay team, which provides a wide range of Bitcoin services assisted the buyer and the real estate developer in coming to terms with the final settlement. At last, a $4 mln price tag was agreed upon to be fully paid in Bitcoin. The buyer went....
In an offline bitcoin trade gone wrong, two men who engaged in a peer-to-peer transaction to sell bitcoin have been duped by the buyer, a conman who swapped a whole lot of wastepaper purporting to be cash, for the cryptocurrency. According to multiple reports, two men from Belarus were the unfortunate victims of a scam which saw fake fiat cash swapped for bitcoin. The two Belarussian citizens agreed to swap 500 bitcoins for about €400,000 (approx. $430,000) with a single buyer, at a pub near the center of Como, a lakeside city in Italy. Having arrived in Como specifically for the trade,....
One of the biggest features of Bitcoin is the lacking of chargebacks, which can be seen as an advantage and a disadvantage. By not having the ability to have chargebacks, sellers usually have the advantage when it comes to consumer protection. But what about the buyer? This is where an escrow service comes in. Escrow services are a third party which both the buyer and seller both agree on to exchange the money and goods. The buyer sends the money to the escrow, while the seller sends the product. Once both is confirmed, they are sent on their way. If one fails to hold their end of the....
Bitrated has announced an online reputation management system for its multi-signature (multisig) escrow service for bitcoin payments. The two innovations combined provide unprecedented consumer protection to Bitcoin users, buyers and sellers alike. Bitrated's bitcoin payment service uses multisig transactions where a trusted third party (trust agent) is nominated to resolve disputes and reverse payments in case of fraud. Two out of three signatures are required to unlock a payment: the seller's, the buyer's and the trust agent's. So if the buyer is happy with the purchased goods or....
In this day and age where online commerce is playing an increasingly important role, one of the key topics of discussion is buyer protection. As consumers are entrusting their information to third parties, who not only have access to their location but also sensitive information such as ID scans and whatnot, which protects the customer if something goes....