Creating ATOM Market - An $ATOM Only Marketplace

Conversation
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To immediately clarify - I am not asking for any money, nor have I asked for any money.

Idea
Once permissionless CosmWasm is on the Hub, launch a decentralized marketplace as a smart-contract for physical and digital goods.

The way this would work is a seller creates a listing. The price, description, title, etc are all stored on chain through the smart contract. The listing pictures are stored on IPFS and then the IPFS links is returned by the front end into the smart contract listing creation execution. Once a seller ships the physical or digitial item, they mark the item as shipped. Then, once the buyer receives it, they mark received. It is at this point that the funds are released by the smart contract to the seller.

There are hardcoded arbitration addresses which can be signalled by a smart contract message. These arbiters can settle disputes.

Beyond the marketplace, this could serve as a great escrow utility! Have a bet with your friend? Create a listing, have them purchase it, then funds are only released when both parties are satisfied. If you get scammed, an arbiter is there to save the day.

The MVP is live on Juno mainnet, but I’m making improvements every week, including contract migrations, so interact with this example at your own risk!

The frontend sucks right now. I am a sh*t designer but have been unable to get anyone to help me. For any designers out there, I would love your help!

Oh, I also forgot to mention, there is the option to create a profile. Doing so allows you to receive ratings for transactions to build a reputation. However, you can still perform transactions without a profile for more privacy.

I have created a twitter account for this effort @ATOMMarket_. I would appreciate a follow! The github account is ATOM Market · GitHub for both the frontend and smart contract. A very barebones demonstration of the idea is live at atommarket.org. It works with both Firefox and Chrome. You do need to connect keplr before anything renders. This is because I’m relying on public infrastructure and don’t want bots to query them.

Would love to hear community thoughts. The idea is the hub needs apps, and so I’m building one, with no community pool plundering.

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many ideas this last week. I like yours. A real usecase would be great.

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If you know anyone skilled at frontend design send them my way! Would love to make this a half decent project.

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While we believe this idea still requires significant refinement, we must say that messages like this are a breath of fresh air. We hope to see more builders and thinkers like you stepping forward to present new ideas and projects.

We have long hoped for the emergence of a talent platform within Cosmos, as discussed in this thread:

In the meantime, this forum remains the best place to share and refine such initiatives. Thank you for bringing your ideas here—we hope you’ll find support and collaborators to help turn this vision into reality.

Wishing you all the best,
Govmos
pro-delegators-sign

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Hey! Thanks for the reply. I’d love to hear any of your thoughts on refinement. This is the time to do it before permissionless cosmwasm launches on the hub if I need to restructure something from 0.

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Let’s just do it. When we discussed your product on Juno, I remember telling you a thousand reasons why it shouldn’t be done, but realistically, we do need such a product. We need things to happen in the real world.

And besides, permissionless is permissionless.

So as soon as that change is made, please do put your fully uncensored physical and digital good marketplace directly on the Hub.

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Hey Jacob, great to hear from you again. So, I have “just done it” technically since it’s already a “working” product on Juno mainnet. But I want to make it as good, functional, and logically sound before the real launch on the hub. So any feedback on those points (or if you know a gosh dang FE designer :laughing:) would be hugely appreciated!

TLDR is the thing works, but looks like shlt. I want it to not look like shlt when on the hub

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Is the code open source?

Maybe leave a link to the repo here and maybe someone can AI up a front end for you.

I did this the other day and tbh I was very pleasantly surprised.

Note: just saw the github link, cloning and will try the process I used the other day

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Sweet thanks, let me know what you think. As a reminder I have it so you have to connect keplr before anything renders so a bot touching the page doesn’t hit public infra.

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One of the primary challenges in implementing a blockchain-based dispute resolution platform is the legally binding nature of agreements. While blockchain provides an uncensorable and immutable record of an agreement signed by both parties, conflict resolution remains a complex issue.

By definition, a dispute arises from differing perspectives, making it difficult to establish a purely objective interpretation of contractual terms. Smart contracts operate in a hard-coded environment, which presents a fundamental challenge: ensuring contractual terms are precise enough to eliminate subjective interpretation while maintaining the necessary flexibility to address real-world disputes.

The Legal Dilemma
A purely on-chain dispute resolution mechanism, while efficient, risks lacking enforceability in traditional legal frameworks. For a contract to hold up in court, it must align with legal standards that extend beyond blockchain’s automated execution. This raises an important question: how do we bridge the gap between smart contract enforcement and real-world legal frameworks?

To enhance real-world applicability, we propose that a physical legal entity should be tasked with verifying the smart contract framework, ensuring its terms are legally binding in a court of law. This would provide:

  • Legitimacy – Allowing smart contracts to be enforceable beyond the blockchain.
  • Flexibility – Ensuring that disputes which cannot be resolved on-chain have a legally recognized fallback.
  • Accountability – Providing a mechanism to challenge automated contract execution when necessary.

By combining on-chain efficiency with real-world enforceability, this approach could unlock practical use cases for blockchain-based dispute resolution, ensuring that agreements are not only transparent and immutable but also legally actionable. We believe that the blockchain solution alone is hardly going to capture relevant market-shares without that legal framework integration.

We hope this brief explanation helps you.
Govmos.

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I guess I’m confused. Wouldn’t legal unclarity about smart contract enforceability apply to any decentralized application?

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