Earlier today, we were presented with some updates by the NobleCoin developer in regards to their Marketplace. Apparently, some people still had questions or were uncertain about some bits, so let’s recap what has been said exactly.
As you may have noticed, there was a “marketing push” recently in order to bring more awareness and attention to the NobleCoin Marketplace. With discounts increasing and decreasing depending on the daily volume, it was a very good plan.
As the attention increased however, the NobleCoin developer received some messages about the NOBL marketplace, as it was being compared to other altcoin’s marketplaces. No two coins are the same, but some clarification was in order , so here we go.
OpenBazaar is an open-source platform. The OpenBazaar developers have mentioned previously how they would allow for altcoins to plugin to their platform, so other coins except Bitcoin could be used as well. Basically, there would be no limit as to how many different altcoins can be supported. OpenBazaar is currently in its alpha stage, and is expected to enter beta at some point in December. More information can be found here.
So how does this tie in with NobleCoin? One of their upcoming project is called NobleRoad, which was always intended to be a fork of OpenBazaar. NobleRoad would serve as a decentralized backup to the current marketplace, offeirng the same items and deals as NobleCoin Marketplace.
As OpenBazaar is open source, a lot of coins are currently using this platform to create their own marketplace. This does not mean an altcoin is copying any other altcoin out there. Marketplaces are a necessity if you want to give people a purpose for taking an interest in your cryptocurrency.
You can find the original announcement here :