So I was wondering what type of incentives that you personally feel would bring us more activity on the BitBay Marketplace. Right now, we have the software - fully functional - and a handful of listings, but not nearly as much as we would like to see of course!
While there are naturally several small barriers that perhaps make BitBay a bit cumbersome at the moment for real commercial use - certainly we need a quicker way to download the blockchain, perhaps web access to the market, and a native mac build - but what type of incentives do you think would open people’s minds to giving BitBay a try for whatever product/service they may be selling? How should we implement these incentives?
Personally, I believe that to bring consumers we simply need more items on the BitBay marketplace, and for cheap! This platform has the potential to save people a lot of money due to the absence of third-party arbitration, listing fees and so on. The problem in my opinion lies in getting businesses or your average joe with items to sell convinced of the utility and safety of the BitBay platform. I believe we should perhaps offer BAY to merchants in order to kickstart the availability of items on the market, some sort of “X BAY coins for Y items placed on the market for Z amount of hours” or reward them for actually selling items. I am not sure exactly how this scenario would pan out, so that is why I would love some input from the community. Perhaps someone out there has a better or more nuanced idea to get people interested in using the client? Share your thoughts!