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> The decentralized approach to this is to announce the sale on the network/market and pick the best offer It seems that we already have similar marketplaces i
by fastdev 8y ago
> The decentralized approach to this is to announce the sale on the network/market and pick the best offer
It seems that we already have similar marketplaces implemented in a centralized fashion, e.g., Nasdaq. It allows to perform price discovery and does not force you to see to a specific party.
Do we really need to build a decentralized marketplace?
- andreasklinger 8y agoCentralized marketplaces / price comparison services / middle men etc exist and do a good job But very often they can't do the optimal prices or all the inventory - eg stock not listed on nasdaq - so it comes down to "are you able to move quickly/cheaply" (and/or is the inventory able to move quickly/cheaply)
- fastdev 8y ago> But very often they can't do the optimal prices Are there any reasons why a centralized marketplace are worth in price discovery? > eg stock not listed on nasdaq I guess if a stock is not listed on Nasdaq it either listed somewhere else or there are some (probably reasonable) legal restrictions that prevent it from being listed.