Remix.run Logo
plainviewinstru 3 hours ago

this is sick — how does price discovery work? RFQ/orderbook?

also how are you dealing with fraud/recourse?

erenberke 3 hours ago | parent [-]

glad you like it! we aggregate de-identified pricing from transactions we observe, and whenever you create a quote, you will see an indicative range of what we think your config is worth. This can deviate from the price you get based on the liquidity in the market, but from our experience, it has been super helpful especially for end users.

Anyone we onboard to the marketplace goes through strict know-your-business checks. We never release any payment to the sellers before a transaction is inspected and verified by the buyer, essentially like an escrow service but for free (instead of around 7% at escrow.com).