Open discussion. Any thoughts about how inactive vendors could be handled on the marketplace?
So for example, I’m a vendor, I open a title market and list some products. For whatever reason, my company goes under and I’m no longer trading.
Now let’s say a buyer comes along, sees one of the items listed, and goes ahead and purchases it. Of course, the vendor is no longer active and doesn’t fulfil his part of the transaction.
I’m guessing the basic mechanics involved in this would come from the built-in arbitration. Some basic logic on the lines of:
If the vendor doesn't update order status within x days, then return funds to the buyer - flag vendor as inactive.
Perhaps, similar to the
ghost wallet discussion, some kind of keep-alive signal is required for vendors. If no activity after 30+ days (or whatever is suitable), then flag the account as inactive.
Also whilst on the subject - as we can imagine, there will be a lot of freelancers and small businesses using the marketplace. The ability to set the status of a vendor as “Holiday” or “away” which flags listings as temporarily unavailable, but doesn’t completely remove the entire listing.
So if i was a freelance graphic designer with a service being listed and i pick up a job that’ll keep me busy for 14 days; i might not necessarily want to delete my listing, but i might want to pause it or add some kind of “unavailable” flag so as not to cause confusion.