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1. Fair and transparent: Peer-to-peer marketplace

1.1 Low publishing costs: a shareconomy for everyone
1.2 Accurate value estimates: fair pricing is built in
1.3 Trust certification: know what you’re borrowing

1.1 Low publishing costs: a shareconomy for everyone

ivault’s publishing costs – paid in ivault tokens – are considerably lower than commission-based marketplaces.

Traditional marketplaces charge up to 30% commission

$100 television

-

$30 fees

=

In comparison, ivault publishing costs are static:

Advantages of ivault’s low cost pricing structure

  • It’s fair: more money goes back where it belongs –in the pockets of ivault users.

  • It nurtures a diverse shareconomy: more people will share a wider range of stuff because there’s nothing to lose, and everything to gain.

  • It builds critical mass: a low barrier to entry sows the seeds for a mass user base.

1.2 Accurate value estimates: fair pricing is built in

ivault provides reliable, real-time value estimates of items, using algorithms to analyze a range of big data like user’s own estimates, previous comparable sales and market demand.

With accurate value estimates, ivault members can answer questions like:

  • Am I charging or paying a fair price?

  • Are my items in demand?

How much are my limited edition trainers really worth?

  • What’s the rental or resale value of my personal vault?

  • Do I have enough insurance coverage?

  • $70 left

    $100 television

    -

    $0,50 fees

    =

    $99,50 left

    1.3 Trust certification: know what you’re borrowing

    To build confidence, users can validate their items with different levels of trust certificates. This involves registering an image of the item when they document it on the blockchain. More proof means higher trust certification:

    • Bronze: awarded for a clear photo of the item

    • Silver: shows the user with the item

    • Gold: shows the user with the item, plus a receipt, to guarantee authenticity.