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      "body": "![marketLISTlogo.png](https://steemitimages.com/DQmZGLwpkUHVMQ35aSaCmcwsGJSZvKCvn5B8LfEyqQMNTpA/marketLISTlogo.png)\n\nSince the launch of marketLIST.io’s ICO a great deal of attention has been focused on its unique model and how that will affect other industries in particular the Darknet Markets.\n\nmarketLIST is the world first decentralised autonomous marketplace residing on the ethereum blockchain\n\nDarknet markets thrive because they are underground and allow people to sell things that are illegal in a number of jurisdictions. Lets compare their features against marketLIST.\n\n## Buy Sell Anything\n\nDarknet markets focus on illegal stuff whereas marketLIST truly lets you buy and sell anything\n\n## Autonomous\n\nA Darknet market is run by someone whereas marketLIST is not. One of the main features of marketLIST is that it runs itself. There is no one in control of marketLIST. marketLIST is the world’s first autonomous digital entity. A truly groundbreaking concept and a model for the future.\n\n## DDOS\n\nDarknet markets are hit all the time unlike marketLIST which by virtue of the blockchain and its decentralised network simply cant go down as each node covers for every other node.\n\n## Seizure Resistant\n\nThere has been a long history of darknet markets being seized by government authorities with the Silk Road being the most famous. As marketLIST runs itself on the blockchain it can never be taken down as there is no single point of control to switch off. You would in fact have to take down the entire ethereum network to stop it. This also applies to any form of censorship. Nothing can be censored on marketLIST as there is no point of authority over marketLIST other than itself and it will simply follow the rules set out in it’s smart contracts\n\n*As laid out we can see that although similar in certain aspects **marketLIST is something entirely new to the world**! and yes it could very well be the death of the darknet markets.*",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/@marketLIST/the-worlds-first-decentralized-autonomous-market-dam-launches-tomorrow-a1ce030a1b1c",
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      "author": "marketlist",
      "body": "![marketLISTlogo.png](https://steemitimages.com/DQmZGLwpkUHVMQ35aSaCmcwsGJSZvKCvn5B8LfEyqQMNTpA/marketLISTlogo.png)\n\nThe world’s first decentralized autonomous marketplace (DAM) running on ethereum has launched today the 21st of April 2018 at 12pm UTC.\n\n# What is a DAM?\n\nA decentralised autonomous market is a completely autonomous entity with no outside governance residing on the blockchain which is run entirely by itself. This self sustaining entity makes it resistant to any for of censorship or control from third parties.\n\n# What makes marketLIST.io so special?\n\nmarketLIST.io is a new form of blockchain application. marketLIST.io will rely solely on it’s smart contracts. marketLIST.io embraces the true nature of what can be accomplished on the blockchain with web 3.0. Due to the nature of blockchain technology marketLIST with it’s self-controlled and self-sustaining nature can never be controlled, censored, shut down or seized by outside actors and will run on ethereum forever. marketLIST.io’s motto is Privacy Paramount, Anonymity Assured, Encryption Everywhere.\n\n# Sell Anything Buy Anything Advertise Anything\n\nAllowing you the ability to buy, sell or advertise anything unrestricted and uncensored with privacy, encryption and deniability built in.\n\n# Escrow Enabled\n\nSafeguarding both buyer and seller, all funds transacted using escrow are kept in trust by the blockchain.\n\n# Autonomous\n\nAutonomously running itself. The self controlled and self sustaining nature of the world's first decentralised autonomous marketplace entity ensures that listings can never be censored, changed or de-listed by any party once posted. \n\n# Self Sustaining\n\nIncentivised eco-system ensures the platform's economic viability.\n\n100% of LIST and ETH used for platform fees and charges are automatically redistributed back to current LIST coin holders on a pro-rata basis every quarter which guarantees the self sustaining nature of the platform.\n\n# Zero Downtime\n\nFully decentralised throughout the peer-to-peer network ensures continuous up-time even when individual nodes go offline.\n\n# Seizure Resistant\n\nmarketLIST is resistant against any form of seizure or shut down. Residing as an autonomous entity on the ethereum blockchain it will remain available and operational for all time.\n\n# DDoS Resistant\n\nRunning on Ethereum, Swarm and Whisper with their fully decentralised peer-to-peer networks make marketLIST completely impervious against any form of DDoS attack.\n\n# Censorship Resistant\n\nCannot be taken down and all data is stored throughout the blockchain without any vulnerable central hubs. With no overseeing administration the ability to censor and restrict what is bought or sold does not exist.\n\n# User Rated\n\nBuyers and sellers can rate each other allowing others to make decisions based on reputation.\n\n# Profitable\n\nLIST coin holders are the shareholders of marketLIST and as such all receive The Dividend. The Dividend is a quarterly return pro-rata of 100% of all profits taken as payment for fees and charges. With The Dividend payment of all profits are distributed back to the current LIST coin holders.\n\n# General ICO Overview \n\nToken Name: LIST (LIST Coin)\nToken Type: ERC20\nDecimal Places: 2 \nToken Price: 1 ETHER = 10,000 LIST\nICO Start Date: April  21st, 2018 at 12:00:00 UTC\nICO End Date: June 21st, 2018 at 11:59:59 UTC\nMinimum Purchase Amount: 0.1 ETH\nMaximum Purchase Amount: 1000 ETH\nETH to LIST Conversion Ratio: 1 : 10,000\nMaximum ICO Token Distribution: 1,000,000,000\nOwner Rewards Share in 100% of profits pro-rata to amount of coins held\nHard Cap: 670,000,000\n\n# ICO Phase Bonus \nInvestors will receive bonus amounts during the ICO period depending on the time line. \nEarly investors will receive higher bonuses for the LIST coin purchases. \nMarketLIST will issue 10% of bonus for the backers within the first week of ICO. \nSecond week the bonus will be 7% and third week the bonus will be 5%.\n\n# Find out more at \n\nhttps://www.marketlist.io/\n\n# Read The White Paper \n\nhttps://www.marketlist.io/white-paper",
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