It is important to mention that secondary distribution as a market is still new. Most people are not familiar yet with how it functions including publishers, creators, and users. That is why most of them are still facing problems of copied content. Moreover, it’s crucial to mention that following the fact that this market is still new, there are many unexplored possibilities.
Did you know that the market scale of actual products including furniture and books is approximately 15 trillion JPY and the secondary market scale is 2 trillion JPY? This means that secondary market comprises 15 percent of the primary sales.
Thanks to ASOBIMO platform that has created a suitable market known as Asobi market that employs blockchain technology to provide a protected system to distribute second-hand content. Nevertheless, unlike the past when secondary sales only benefited the resellers, through this platform, secondary sales are going to benefit all the parties including buyers or users you find affordable, useful items to use, sellers, publishers as well as authors regarding the book sale.
For example, did you know that the current digital content services do not give licenses to users? This has been one of the greatest problems as it is impossible for users to resell. Moreover, in a situation when a market closes down, the users will lose their content.
This is unlike what ASOBi market offers, in this market, the users will own the license, and this is guaranteed through DRM as well as a decentralized security system. In other words, this will enable a secure secondary digital content trade with ABX.
This platform also offers additional features such as the Asobi wallet that enables you to purchase as well as sell digital content directly. The digital content that is available on ASOBI wallet include the game items, e-books, music as well as videos.
The publisher also has a store that will enable you to buy different digital content, and on the other hand, at the secondary market, you will be able to sell or buy used content at lower prices. When selling secondary products at a second-hand store, it requires you to take the product to the store and when dealing with this platform selling at a secondary market is quite smooth and seamless.
After selling, the sold amount will be sent automatically to Asobi wallet, and it will be in form f Asobi COIN. This will be fulfilled through the implementation of smart contracts. For instance, once the sellers are registered with this platform, the process is very easy. The seller negotiates directly with the buyer, the buyer and an agreement are reached. Once the buyer has attested that he/she has received the item and is satisfied, the money in the form of ASOBI COINS will be released automatically from their account to ASOBI wallet. In other words, the smart contract will enhance the security in the secondary market and ensure that all parties are pleased with the end of the trade.
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