25 Apr '14, 1am

Re: [Counterparty: BOMB] Adeally | sociable entertainment shopping: Just looked at your...

2) Swoopo. Arguably the pioneer of penny auction sites in 2008 and the biggest at the time of it's bankruptcy filing. "Overall, Swoopo operated a flawed business model as it relied on creating value (for itself and the 1% of winners) at the expense of the majority of its customers. For more on this, check out http://t.co/O78595H " ... Buy-It-Now One game-changer the helped right the ship if you will was the creation of the Buy It Now option. Adeally will have this on every auction and it's explained in depth in the Business Plan. Essentially it's available to losers of auctions as a way to get their bids back and have a good experience on the site. Before this innovation was created the industry had a bad reputation and customers were rightfully pissed off because they didn't win anything and lost money to boot! Still, more than half the other penny auction sites out there...

Full article: https://bitcointalk.org/index.php?topic=581995.msg6382735...

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Founder and core developer, Robby (xnova), outl...

bitcointalk.org 25 Apr '14, 6pm

Quote from: freedomfighter on April 25, 2014, 07:59:42 AM Dev's: a few questions please: 1) I saw the "creating an asset" ...