Real-World Web3 Marketplace
Smartlink, a decentralized marketplace and escrow platform for Web3 applications, has announced the final countdown for the launch of its flagship product, a decentralized facebook-like marketplace for crypto users. The web3 solutions provider has made significant progress throughout the year, releasing two products in as many quarters.
Smartlink Launches the first Real-World Web3 Marketplace Powered by Decentralized Escrow for 300M+ crypto users (CNW Group/Smartlink)
With a decentralized marketplace for Web3 users, Smartlink addresses the problems of trust deficiency and transactional risk in online marketplaces. Most digital marketplaces, like Facebook Marketplace, provide sellers with a platform to list and sell their products, acting as a technology enabler. However, when it comes to handling transactional disputes or fraudulent transactions, these platforms offer limited to no protection.
Smartlink Marketplace utilizes a decentralized escrow protocol to safeguard funds throughout the transaction.
How Smartlink Decentralized Marketplace Works
Sellers can list their products through a simple web-based interface.
Interested buyers can contact the seller to get more information and confirm the item is still available.
The buyer can secure the item using any of the supported cryptocurrencies. The buyer must send sufficient funds to cover the platform fees (1% of the transaction amount or 0.5% using SMAK token, the native token of the Smartlink platform), blockchain fees, and the cost of the product. These funds are deposited in the escrow smart contract.
The buyer can then go pick up the item, inspect the product, and approve the transaction if the item suits their expectations.
Once the buyer approves the transaction, the smart contract automatically transfers escrow payment to the seller's wallet.
The initial release of Smartlink Marketplace provides complete support for physical products. Smartlink will introduce third-party tracking and logistics abilities in its future releases.
Olivier Audino, co-founder of Smartlink said "We are really excited to go live with the first Web3 facebook-like marketplace for people to use their digital assets in the real world. We're also confident that the product will make the blockchain space more intelligible to regular users and help foster its adoption."
About Smartlink
Smartlink is developing a sustainable ecosystem of decentralized and scalable applications on top of the Tezos network, including a marketplace for crypto users and a decentralized escrow service.
AI is the Neat Handwriting of the Illiterate
A model in the hands of someone who has read the filing and walked the plant is a clerk. The same model, speaking for someone who has done neither, is a disguise. On AI slop, phantom citations and factslop, why finish stopped being evidence of work, and the containment layer KXCO built so a machine cannot speak as the institution until a source is attached.
Worthship: Do Not Conform to the Age
Worthship is the older English word for worship, and it means to ascribe worth. Bishop Robert Barron preached Romans 12 on 30 August. This essay follows the text into the prison letters, and puts two questions to a graph: do the four readings of that Sunday agree, and was Paul free or in chains when he wrote about despair?
The Truth in All Its Ugliness Must Survive
A majority vote does not determine the truth. Consensus is a mood, gossip is a sport, and a model will write the pretty version for free. Why the ugly number has to survive, why a record beats a dashboard, and what KXCO was built to keep standing when the room changes its mind.
Don't Be the Best, Be the Only: Winning in an AI World
AI is repricing competence downward. What it cannot reproduce is a life. The case for remaining non-fungible, why friction still produces the best ideas, and what it means to build AI systems that keep the human intellect in them.
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.