How does OpenBazaar differ from NXT decentralized marketplace?

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I'm contemplating if I should use openbazaar or the nxt marketplace. both a decentralized, but I have a few questions regarding openbazaar:

  • What incentive does hosting a openbazaar node give? I understand that the nxt marketplace is built into the coin's blockchain so there's the incentive of mining coins while it also hosts the marketplace.

  • How does openbazaar / nxt marketplace handle fees? Or is there any fees at all? There has to be some sort of fee I'd imagine or else there would be alot of spam.

  • Can you upload images/pics to openbazaar/nxt ? How do they handle the bloat?

  • How does user ratings work?

Patoshi パトシ

Posted 2014-11-03T16:53:48.237

Reputation: 8 911

Answers

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The NXT Marketplace is for digital goods. If you want to sell physical goods, you should look at the NXT FreeMarket, which also lives on the NXT blockchain. You can read about it here:

http://www.nxtfreemarket.com/

Mr. Knuckle

Posted 2014-11-03T16:53:48.237

Reputation: 26

do you have a chart comparison with openbazaar vs freemarket? also why can't one just sell their physical goods on the nxt digital goods store? – Patoshi パトシ – 2014-11-03T17:26:06.233

Asked: 2014-11-03T16:53:48.237

Viewed: 421 times

Active: 2016-07-24T20:36:02.517