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It would be interesting to see examples of the alternatives. That is, marketplaces that failed due to scammers, marketplaces that succeeded by heavily curating
by nrp 7y ago
It would be interesting to see examples of the alternatives. That is, marketplaces that failed due to scammers, marketplaces that succeeded by heavily curating to block scammers, and marketplaces that failed due to excessive curation while trying to stop scammers.
I wonder if scamming is actually a symptom of a successful marketplace. Scammers presumably have to think through their opportunity costs and would want to focus on marketplaces with many buyers and sellers and high transaction volume.
- everdev 7y ago> I wonder if scamming is actually a symptom of a successful marketplace. For new marketplaces the risk and reward are pretty low. For mature marketplaces the reward is much higher and the risks probably vary based on your home country. The ideal for a scammer is probably a site with good enough security to remove most scammers but not good enough to remove you.
- arsenico 7y ago> marketplaces that succeeded by heavily curating to block scammers Think about Uber as a marketplace which heavily curates scammers, success is a matter of many discussions though.