High 15%+ Fees
Platforms extract 15%+ per sale, compressing seller margins and inflating final prices for buyers.
FERIAThe first decentralized ecommerce in the world
We are building a community‑owned marketplace that removes abusive fees, arbitrary policies and opaque dispute processes. With DAO governance and on‑chain tools, value flows directly between buyers, sellers and collaborators.
Current problems and how we solve them
FERIA Solution
FERIA charges no sales commission. Community‑owned economics fund operations through aligned governance mechanisms instead of rent‑seeking fees.
Unilateral Bans and Policies
Policy shifts and sudden account shutdowns without transparent appeal jeopardize legitimate businesses.
FERIA Solution
In FERIA, rules and changes are governed by a DAO with public history. Sanctions require clear processes and community participation.
Opaque Dispute Resolution
Claims are handled opaquely and often bias buyers, causing unfair losses to honest sellers.
FERIA Solution
We implement on‑chain disputes with verifiable evidence and randomized tokenholder juries, with quorum and clear rules. Rewards align with verdicts; penalties deter abuse.
Opaque, Pay‑to‑Play Algorithms
Visibility hinges on ad spend/paid services and black‑box ranking (buy box/search), favoring spenders over genuine value.
FERIA Solution
FERIA uses open, auditable ranking with DAO‑approved criteria (relevance, reputation, proximity, fair price). Any promotions are transparent and balanced.
Race‑to‑the‑Bottom Pricing
Centralized platforms push sellers to slash prices to remain competitive, causing a race‑to‑the‑bottom where entrepreneurs often liquidate inventory with tiny or negative margins.
FERIA Solution
FERIA will use blockchain‑based NFTs to grant product rights per zone (ZIP, neighborhood, city, state). We charge no sales commission, so sellers keep 100% of their revenue. Transactions are secured by collateral tokens as delivery guarantees, enabling multiple sellers to cover different zones while preserving margins.
Platform Self‑Preferencing
Marketplace owner competes with sellers, leveraging internal data and tweaking rankings to promote in‑house brands.
FERIA Solution
FERIA is neutral/decentralized: it never competes with sellers. Market data is open, neutrality rules are set and enforced by the DAO.
Return Fraud and Policy Abuse
Poorly designed return policies incentivize abuse and shift losses to sellers, even when evidence favors them.
FERIA Solution
FERIA records evidence on‑chain and may require collateral (staking) released per verdict. Community arbitration reduces abuse and protects honest actors.
Value Concentration in Middlemen
Platforms capture most of the value via fees/services, under‑rewarding those who create it.
FERIA Solution
FERIA redistributes value: minimal fees, full payments to collaborators, token rewards to contributors across the ecosystem.
DAO Governance and Transparency
Key decisions (policies, changes, budget) are often made without community participation and with no auditable history.
FERIA Solution
In FERIA, rules and changes are community‑governed via a DAO with clear processes, quorum and public outcomes. Transparency builds trust and aligns all participants.
Counterfeits and Authenticity
Fake goods slip through, harming buyers and legitimate brands; origins lack traceability.
FERIA Solution
NFT certificates per item/batch, on‑chain provenance/logistics, and strict anti‑counterfeit policies governed by the DAO.
Intermediation Blocks Direct Relationships
Platforms control data and messaging, preventing direct seller‑buyer relationships and limiting loyalty building.
FERIA Solution
FERIA enables direct interaction with open tools and rules, preserving history and reputation to foster long‑term relationships.
Fake Reviews Undermine Trust
Purchased/manipulated reviews distort buying decisions and punish honest sellers; buyers can’t trust ratings.
FERIA Solution
On‑chain verified buyer reviews, incentives for honest, useful feedback, and community moderation with fraud penalties.
Fair Pay for Logistics Collaborators
In centralized models, platforms capture most value while couriers and warehouses receive low, unstable pay.
FERIA Solution
In FERIA, costs are paid by those who generate them and rewards go to solvers. 100% of shipping fees go to couriers, with on‑chain incentives and reputation.