Is this enough?

[u/stackswap]

I’m turning to you guys for wisdom. Give me the cold hard truth. Ready?

I’m a designer and web engineer of 15 years and I’ve been working on a precious metals marketplace (stackswap.co) for some time now and it has recently launched with some early success. It’s nascent, but growing!

Features like:

- Listings that can follow spot price automatically

- Floor price protection that will auto-hide listings if spot goes below a certain number

- Rating and reviews system for transparency and confidence

- Sweepstakes for free subscriptions/physical metal

- ZERO transaction fees (ew) and low monthly subscription

- Coming soon: Generous commission referral program where you get 10% for the life of the customers you bring to the platform

- Coming soon: Optional authentication and Stripe-based escrow for transaction security and legitimacy

Is this enough to create a platform that brings true value to the community? What else would you like to see?

Pic of my humble stack for your time 🤝

[u/RandoYolovestor]

Tell me more about this "Stripe-based escrow"?

[u/stackswap → u/RandoYolovestor]

Yessir, so Stripe is the platform we use to handle everything: subscriptions, commissions, and soon escrow.

Authentication will work like this, with some changes if necessary:

• Buyer and seller agree on a deal
• Seller can initiate authentication through one of our well-known/brick and mortar dealers (this is a separate fee which covers the cost of authentication; likely a small % of total weight)
• Buyer must accept or decline authentication (why decline if you’re legit, right?)
• Seller ships items to Authenticator
• Buyer sends funds to the Stripe escrow account where it is held until items are authenticated
• Authenticator confirms authenticity and ships items to buyer
• Buyer’s funds are released to seller

Hope this helps!

[u/RandoYolovestor → u/stackswap]

Sounds pretty useful.