This thread is created to bring out ideas that we could further use Celeste than what we already have set it out to do
Celeste as Buy & Sell Insurance
We know that Celeste will be an application developed to mitigate disputes by having a jury solve issues that arise.
An idea has stuck into my head which would be awesome if we could get a brainstorm on. The idea is to build out a Escrow platform.
Escrow.com is a widely used website that users can feel safe by transacting with strangers. You can buy and sell anything you want it could be a service, physical item, digital item etc…the users at hand dictate the terms and Escrow acts a the middleman to insure the seller fulfills the buyers needs.
If we are able to build a similar platform we will be able to offer the first escrow service that can use crypto currencies to transact with the buyers and the sellers. This will bring in a new wave of people that can use our services both for Celeste stakers and the future application as a whole.