Feathercoin Launches Market - Feel Free to Use for Promotion
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News: Feathercoin launches an Ebay-style marketplace
The crypto-currency Feathercoin is launching an Ebay-style marketplace on Monday June 10th, 2013. With this launch buyers can now purchase physical items with their Feathercoin currency. The Feathercoin Marketplace is one example of how this digital currency is positioning itself for mainstream adoption. When asked about Feathercoin’s future, lead programming developer Peter Bushnell had this to say:
“The focus is on merchant adoption. Rather than just asking merchants to use Feathercoin, we are working to provide them with the tools to make this happen. If we do most of the hard work, merchants will be able to easily integrate Feathercoins into their existing payment solutions. We are asking merchants to tell us what they need and then respond to that with our development."
Some of the tools planned are as follows:
1. Create Feathercoin shopping carts for many well-known systems.
2. Create an API for Feathercoin integration. This will allow querying of the value of FTC in different currencies or conversion of different currencies into FTC.
3. Make an online tool available for generating custom QR codes that can be handled by the client.
4. Creating a Feathercoin merchandise shop as a demonstration of the above tools.All the merchant tools will be bundled together on the official site at http://feathercoin.com. Eventually the system will evolve into a solution with the addition of online wallets and built in-escrow which would allow people to pay through the system instead of contacting the seller directly.
Along with the Feathercoin Marketplace launch, the Feathercoin official forum community is giving away over $1000 of Feathercoins for participation in contests. The contest prize is being donated by lead projects developer John Manglaviti as a way to say thank you to all those who volunteer time working on real-world Feathercoin solutions.
The new Feathercoin marketplace can be found at: https://market.feathercoin.com
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Please send all interview requests to pr@feathercoin.com
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Let’s get the word out.
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[quote name=“justabitoftime” post=“12385” timestamp=“1370869107”]
Let’s get the word out.
[/quote]I am putting it out in the Trollbox and I would like some support?
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[quote name=“justabitoftime” post=“12385” timestamp=“1370869107”]
Let’s get the word out.
[/quote]Have you heard?
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[quote name=“Mogumodz” post=“12389” timestamp=“1370869283”]
[quote author=justabitoftime link=topic=1506.msg12385#msg12385 date=1370869107]
Let’s get the word out.
[/quote]Have you heard?
[/quote]About Coindesk mentioning this? If so, yes, I just saw the post.
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[quote name=“justabitoftime” post=“12404” timestamp=“1370870658”]
[quote author=Mogumodz link=topic=1506.msg12389#msg12389 date=1370869283]
[quote author=justabitoftime link=topic=1506.msg12385#msg12385 date=1370869107]
Let’s get the word out.
[/quote]Have you heard?
[/quote]About Coindesk mentioning this? If so, yes, I just saw the post.
[/quote] -
I can’t believe I just got birded. :)
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[quote name=“justabitoftime” post=“12432” timestamp=“1370874803”]
I can’t believe I just got birded. :)
[/quote]I thought after how long you have been awake looking after us you could use a laugh.
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[quote name=“Mogumodz” post=“12517” timestamp=“1370893752”]
[quote author=justabitoftime link=topic=1506.msg12432#msg12432 date=1370874803]
I can’t believe I just got birded. :)
[/quote]I thought after how long you have been awake looking after us you could use a laugh.
[/quote]You actually caught me laughing. I needed that!
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[quote name=“unkunku” post=“12773” timestamp=“1370929550”]
Indeed very nice with a market! The layout is very easy to grasp too.However, I see one issue with the current setup, which is related to the instability of FTC prices.
If one wants people to use the market for other purposes than purely to support FTC then the price of FTC in practice must stabilize,
the huge fluctuations in FTC prices is like having a huge inflation one day and having a deflation the next day, it simply will not be a good foundation for buying/selling goods.One may solve this by tying the price of FTC to dollar on the market. E.g when one hoovers over the price on any good on the market the price of FTC becomes in dollars automatically. This however may cause the problem that people would simply not buy as they would wait for prices to go down as it’s instantly comparable.
An even better solution would be according to myself to let Feathercoin market prices be given in USD by the seller, but then automatically updated with the right amount of FTC. This would give a desired stability, and would cancel out the otherwise constantly persisting “inflation/deflation” to prices.
The prices could then be inputted in dollars by the sellers, and then the price in dollars can be displayed right next to the automatically updated feathercoin prices for the buyers. All payments will of course still be made in Feathercoin :)This was just my five cents regarding the new market :)
[/quote]Thank you for the feedback. These are thoughts I’ve been working through myself concerning the market conversion. Once Bushstar gets the API up and running, we’ll have quite a few more choices at our disposal.
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