The Artists Online Marketplace – Increase Your Business
July 16, 2018
July 16, 2018
Redefining the online art seller
Junktion is aiming to become the go-to platform for artists as well as art collectors to sell their products on. Our marketplace differs from eBay, Amazon, and Etsy. By using cryptocurrencies to facilitate transactions, Junktion offers sellers access to an untapped market with loads of potential, as well as the cheapest fees of any online marketplace because of our smart contracts and cryptocurrency integrations.
Some of the immediate benefits of using this platform include zero fees for sellers, no sales taxes, and the ability to track the life of an item long after its been sold. You can sign up here if that sounds interesting to you. Or talk to the people creating this marketplace.
Another extremely valuable feature is that Junktion lowers the barriers of entry into the cryptocurrency market in general. Buying cryptocurrency can be an intimidating, annoying process. By selling your art and other goods on Junktion in exchange for cryptocurrency, you are able to enter into the market without much hassle, all while not having to pay marketplace fees when selling online.
Who Can This Help?
There is a large online community of artists and art enthusiasts alike who collect, buy, and sell pieces of art. Traditional avenues of exchange include eCommerce giants like eBay, Amazon, and Etsy as well as some lesser known niche sites like ExpressoBeans.com.
The problem with these more traditional avenues is either high fees incurred by sellers and/or an unreliable or unknown party to transact with. Junktion solves both of these problems by eliminating seller fees altogether and implementing smart contract functionality via the Ethereum Blockchain. Transactions are safe, secure, and best of all free for sellers. Buyers can feel safe knowing that their funds are safe with our built in escrow system.
Imagine pocketing that 10 to 15 percent that gets taken from every sale you make on these other platforms. If you are an artist trying to make a living or simply a collector trying to make some extra spending money, that extra money can go a long way. Junktion will instantly increase the margin you make on each sale.
As an example, gig posters (concert posters) and movie prints by famous artists like Chuck Sperry, EMEK, and others, often fetch hundreds and sometimes every thousands of dollars on the market. If you happen to have one of these prints, you could potentially sell it for a lot of money. What are your options?
You could sell the print on eBay. Let’s say you want to sell a rare Chuck Sperry print for around $5000. After eBay and Paypal take their cut, you’re out over $500! That is a lot of money. Selling that same print on Junktion in exchange for cryptocurrency allows you to keep that $500 and put it right into your own pocket or you could take that $500 and reinvest it into some more art prints.
How about Etsy or Amazon? You run into the same problems there with high seller fees and Amazon even charges you a monthly subscription fee to sell on their platform!
What about a smaller niche site like ExpressoBeans.com? This site works for eliminating some of the fees, but typically you will still have to deal with Paypal fees. And what about your buyer? Can you trust them? Do you know who they are? Most likely not.
It’s not uncommon for sellers to have to deal with nightmare scenarios where the buyer tries to cancel the Paypal transaction or claim they never received the product. There simply are not enough mechanisms in place to ensure a fair transaction for both parties. Smart contracts on the blockchain solve this problem.
Besides, now that there is a marketplace free of sellers fees to sell your art on why would you go back to selling your art in other places. If you are interested in selling your art online without paying fees sign up here
Never Lose Touch With Your Favorite Pieces
Artists and collectors tend to develop attachments to pieces of art that they own. Sometimes its hard to say goodbye when selling an item and once its gone, it’s gone, and you really don’t get a chance to see where it goes or when it changes hands again. Did the person you sold it to turn around and sell it for more a week later? Do they still have it? What does it look like now?
With Junktion’s smart contract functionality, you’ll be able to see the answers to all these questions. It’s a cool feature to be able to see where an item ends up over it’s lifetime. All of this data and information is contained in the blockchain and viewable for anyone to see.
Maybe you sold a piece that has traveled the world, changing hands several times or maybe you sold it to someone who will keep it and cherish it forever. It’s nice to be able to “check-in” and see where it ends up, especially if you created the piece yourself.
Sales Proceeds: Capital OR Investment
People tend to look at art as an investment. Valuable pieces increase in value over time. When you are ready to move on and sell them. If the piece of art increases at 10% a year, other online marketplaces are taking away years worth of appreciation.
With Junktion, your sales proceeds can instantly become an investment. Cryptocurrency is a fast growing investment vehicle with potentially trillions of dollars expected to pour into the space in the coming years.
You now have the option to convert your feeless sales proceeds into capital or keep it as an investment if you believe in the cryptocurrency’s future. Where else do you have that option? Junktion offers the most unique, seller-friendly solution to the problems small, online ecommerce people face when dealing with the bigger platforms.
If you are not a fan of cryptocurrency we off a simple solution that allows you to hold a essentially a cryptocurrency version of a USD. This or the ETH you hold can be sold at market price instantly.
A key part of our online marketplace is to let the sellers do what they want with the funds. We recommend using something like Metamask in order to hold the funds.
Selling Art on Junktion Just Makes Sense
Art is a creative pursuit. Why not be a part of a creative and intelligent solution to the problems sellers face today?
Junktion has many unique features and perks compared to traditional online marketplaces. eBay, Amazon, Etsy and other online marketplaces do not offer item tracking. Our marketplace wants to cater to creators and allow them to track individuals pieces.
Zero fees, no need to deal with sales taxes and regulations, smart contract functionality and a unique opportunity to enter the blockchain and cryptocurrency space with minimal risk. What’s not to love? If you have any questions or just want to talk to the people responsible for making this please join our discord.
Junktion gives the power back to the sellers in the most creative and intelligent way in the marketplace right now, join the revolution.