Marketplaces
Marketplaces facilitate the peer-to-peer discovery and trading of assets. The asset traded usually takes the form of NFTs (Non-Fungible Tokens) whereby each asset is unique and therefore requires significant amount of information and price discovery.
Principles
Sellers are able to list NFTs for sale together with all the additional details required for a product page. Buyers can then browse and determine the NFTs which they will want to purchase. A marketplace smart contract facilitates the trade, either upon immediate purchase or on auction close.
Benefits
Convenient listing and discovery process; Increased transparency across assets in the same collection
Problems
What problems with NFT Marketplaces need to solved?
Marketplaces will become a very competitive space.
Projects need to know their tribes and focus on discoverability algorithms match their intentions.
Metrics
What metrics measure the qualilty of a marketplace solution?
- Discoverability
Standards
- EIP-6212
Providers
- Opensea
- blur.io
- Rarible
- Mintable
- SuperRare
Perspectives
Questions
What is the most important question this topic raises that current discourse tends to avoid or understate?
- Which assumption in the standard framing of this topic is most likely to be wrong in a 5-year horizon?
- How does the DePIN or agent-native lens change what matters most about this topic?
- Which first principle, if violated, would make the analysis of this topic fundamentally incorrect?