P2P Tokenized Marketplace
Auctions as smart contracts, reputation as assets
Decentralized auction protocols implement bidding as smart contracts with transparent rules, community-governed disputes, and fully portable reputation.
How It Works
The decentralized approach
Smart Contract Auctions
Auctions run as immutable smart contracts with transparent rules.
Token Listings
Items can be listed as RWAs (Real World Assets) or NFTs for authenticity.
Staked Disputes
Disputes resolved by staked arbitrators who lose stakes for bad decisions.
Governance
Protocol token holders vote on fee changes and policy updates.
The Web3 Experience
Create auctions with transparent, immutable rules. Know exactly how disputes will be handled before listing. Take your seller reputation anywhere. Participate in governance over the marketplace rules.
Your Value as a User
Benefit from lower fees and transparent auction rules. Build a portable reputation that increases in value across all marketplaces. Participate in governance.
Lower fees + transparent rules + portable reputation
Requires wallet management and understanding of smart contracts
Revenue Model
How value flows in Web3
Revenue Distribution
Direct payment from buyers
Auction and escrow services
Dispute resolution fund
~3% protocol fees
97% of sale price
Polkadot's deterministic finality ensures auction endings are precise and unchangeable. Cross-chain assets can be auctioned directly, enabling marketplaces for items from any connected blockchain.
Benefits
Why Web3 is better
Keep 97% of every sale
Auction rules are immutable and transparent
Community arbitrators with skin in the game
Vote on protocol changes with governance tokens
Portable reputation across all marketplaces
The Comparison
Side by side: what changes when you make the shift
"eBay decides the rules, the disputes, and the fees. On Web3, you're not just a user — you're a stakeholder with governance rights."
Multi-Chain by Design
Polkadot's architecture makes this transformation possible with cross-chain interoperability, shared security, and infinite scalability.
Sub-Second Finality
Transactions settle in under a second, enabling real-time payments and instant value transfer.
Shared Security
All parachains benefit from Polkadot's validator set, providing institutional-grade security from day one.
Cross-Chain Messages
XCM enables seamless communication between specialized chains, creating a unified Web3 ecosystem.
Polkadot's deterministic finality ensures auction endings are precise and unchangeable. Cross-chain assets can be auctioned directly, enabling marketplaces for items from any connected blockchain.
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