Rubin: Luxury watch marketplaces charge 10% to 20% transaction fees
Ben Rubin · 3 crypto startup ideas: dating app, luxury watch marketplace, tutoring platform · Jul 22, 2024 · at 36:37
Ben Rubin discusses how smart contract escrow and decentralized reputation can disintermediate traditional luxury watch trading platforms.
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“Right now all these marketplaces, they take arbitrage to create the illusion of trust, right? So they take their 20% or 10% of the transaction because they are, you know, Chrono or other places where people buy watches.”
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