Will Cryptoauction Become the 'New eBay of Bitcoin'?

Richard Boase (@richardboase) 

Published on November 22, 2013

Irish company Cryptoauction is aiming to become the new eBay of bitcoin.

The company is due to launch on 30th November at the London Bitcoin Expo under the helmsmanship of entrepreneur Daryl Cusack.

He believes that, since the closure of Bitmit.net, the field is wide open for a new bitcoin-based auction marketplace.

Cusack is presenting a talk at the expo on decentralised corporate models "in order to achieve a people-not-profit corporate outlook". He will explain how Cryptoauction's trustless model fits in with concepts from game theory that incentivise trusting relationships between users without the need for third party mediation.

He said: ...

read the rest