RE: TheShop is now open!
Yes, we believe the more we can demonstrate the use of steem/sbd in making product purchases, the more valuable steem/sbd would stand as a currency!
Regarding expensive sales and physical items, we're aiming to address the trust issue with a community-driven effort. We incorporated a review system designed to build credibility for each individual seller. Granted, the common seller is going to have to start with small sales and earn their trust with buyers.
In phase 2 we'll roll out a whitelist, blacklist, and membership for sellers to further ensure legit/trustworthy sellers.
We're looking to eliminate the need for a middleman to allow for scalability. We hope this works as intended, but like any beta, we'll have to test and adjust accordingly.
In your experience, do you think it'll work?
Thank you for sharing your thoughts :)