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Some very good questions in this post that I would have also liked OP to answer. For context, I run a marketplace (https://vendiapp.com https://vendiapp.com) wh
by dreamer7 5y ago
Some very good questions in this post that I would have also liked OP to answer. For context, I run a marketplace (https://vendiapp.com https://vendiapp.com) where we physically verify every product transacted on our platform. We are focussing on Phones and similar high value electronic products susceptible to fraud. And visual inspection is definitely not enough to detect fakes in this industry. Also, average cost of having external experts is more than $20. So, there is a need for deep tech and a great supply chain to make the unit economics work.