Serial entrepreneur with 20 years of experience Nikolay Shkilev, PhD talks about the work of the service, combining the real economy (ecommerce) and blockchain technology.
1. There is not much information on the web about how the ZELWIN service was launched, but in many countries the project has a very big success and multimillion-dollar capitalization. Please tell us about the history of the creation of the marketplace, how it began, what difficulties were encountered at the launch stage and how were they overcome?
What Makes an Online Marketplace Disruptive?
On December 10, 2020, the rental housing marketplace Airbnb completed its initial public offering at a $47 billion valuation — one of the largest IPOs of the year. No less than 24 hours later, the company's market cap shot north of $100 billion. Both were incredible milestones for a platform that, by design, predominantly just facilitates transactions — it owns virtually none of the services it helps its suppliers provide.
The success of Airbnb is not without precedent. Over the past 20 years, industries have been redefined by marketplace giants like eBay, Amazon, Uber, and Udemy that have upended the way we shop, travel, eat, work, and learn. But at the same time, even the most successful marketplace businesses don't reach transformative scale. The question is: What are industry-changing marketplaces doing that others aren't — and can those practices be replicated?
Trends Emerge Among Payers on Affordable Care Act Marketplace
May 25, 2021 - Affordable Care Act marketplace premiums have dropped for the third consecutive year and themes are emerging as the marketplace becomes more stable, a recent Urban Institute report found .
“In 2021, the Affordable Care Act (ACA) Marketplaces entered their eighth year of operation and appears to be approaching a steady path, as reflected by premium growth,” the report began.
As the marketplace steadies, several trends have emerged among the major players jockeying for marketplace share and competitive premium pricing.
Russian dark web marketplace Hydra cryptocurrency transactions reached $1.37bn in 2020 | ZDNet
An investigation into the Hydra marketplace has revealed surging transaction volumes and a thriving -- albeit illicit -- cryptocurrency ecosystem.
At its inception in 2015, Hydra was well-known for the sale of narcotics, but as time has gone on, the market has expanded to include stolen credit card data, counterfeit documents including IDs, fake banknotes, and cyberattack services, among other offerings.
Annual transaction volumes have climbed year-over-year, going from an estimated $9.4 million in 2016 to at least $1.37 billion in 2020.
Amazon's Biggest Acquisitions Have Allowed It To Become A Marketplace For Nearly Everything
St. James Marketplace reopening for Memorial Day weekend | News | norfolkdailynews.com
The St. James Marketplace will celebrate its 20th year as a small-town vendor with a reopening this Memorial Day weekend, starting on Saturday and going through Monday.
After a year off because of COVID-19 regulations, the area vendors gathered a few weeks ago, to fill the marketplace shelves with all kinds of local craft ideas, ranging from embroidered dish clothes to crocheted potholders, woodworking works of art, Nebraska home decor and handmade baskets from the Amish women of Verdigre — and there's more. There's also a weekly bake sale in the old Catholic school west of Wynot in northern Cedar County just off Highway 12.
Lionsgate, Giant Pictures Join Whip Media Content Rights Marketplace
Buying and selling rights to streaming content just got a whole lot easier and smarter. A new platform called Whip Media Exchange has launched in a beta version that allows buyers and sellers to make better, data-driven decisions on licensing streaming rights to films and shows, TheWrap has learned exclusively.
As of Tuesday, Lionsgate, Giant Pictures and DMD Limited / CiND!E Films have joined Whip Media Exchange as sellers presenting their content libraries on the platform, with more distributors and studios expected to join soon.
Quincy Jones Is Backing a New NFT Marketplace Designed for Music Fans - Rolling Stone
NFTs could reshape the fan experience — that is, if NFT marketplaces were user-friendly and the digital collectibles were actually affordable. Industry insiders tell Rolling Stone that a new marketplace called OneOf has been designed specifically for musicians and music lovers, and that it will announce its plans on Tuesday to better serve fans looking for cheaper NFT options, including children and teenagers.
Quincy Jones , Whitney Houston, Doja Cat, John Legend, TLC, Charlie Puth, Jacob Collier, G-Eazy, Alesso, and other stars have already prepared collections that are expected to drop in tandem with OneOf’s launch sometime in June, according to early press materials reviewed by Rolling Stone . Jones is also a partner and an owner in the company.
The Epic v. Apple case could hinge on the definition of the "marketplace" | Ars Technica
After three weeks of wide-ranging (and often meandering) witness testimony and questioning, today's closing arguments in the Epic Games Inc. v. Apple Inc. trial focused on two crucial and highly technical legal questions: what is the relevant competitive market and what should the court do if Apple is found to be unfairly monopolizing that market?
But Apple said that's the wrong way to look at the world iOS operates in and that the company already faces "massive competition on a worldwide scale." That includes mobile competition from Android (which has a much larger worldwide market share) and gaming competition from consoles, PC storefronts like Steam, and more.
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