Purpose Of A Market
A market is a space for buyers and sellers to come together to trade and transact. The market is not owned by anyone and is just a space for people to come in and trade. Examples of some public markets are countries, farmer’s markets, listed companies, etc.
A market is a space for buyers and sellers to come together to trade and transact. The market is not owned by anyone and is just a space for people to come in and trade. Examples of some public markets are countries, farmer’s markets, listed companies, etc.
Examples of a private market are small little Facebook groups or it could be small online social media groups that you create with your friends.
In any ecosystem, be it a country, a market or a video game, the key asset of transfer is value. Value can be captured in forms of goods (i.e. barter trade of cheese for yogurt),
,in forms of common currency to be used in later dates (i.e. sovereign currency to be used to pay taxes) or in internal tokens, currencies (i.e. in-game currency for in-game activities) and NFTs (i.e. representation of digital assets).
Follow us @EconsDesign and join our discord to chat with us and the ED community:
discord.gg/gZGEZfu74X
discord.gg/gZGEZfu74X
• • •
Missing some Tweet in this thread? You can try to
force a refresh
