Kr-market and Auction: A Guide for Steemians | Ramengirl🍜

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The capital of Steemit - Seoul, South Korea

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About 2 months ago, @gavvet showed that Asia is the largest region by traffic on Steemit.

Make way for the new king - Asia - led by Seoul and South Korea

Most of the Asian traffic is coming from Eastern Asia. The Eastern Asia traffic is dominated by South Korea. Seoul is the Steemit capital by a huge margin, and there are six South Korea cities in the top 25 cities.

I don’t know if this record is still going on, but #kr community is steadily developing.

There have been a lot of things happened in #kr. As many articles have been uploaded in Korean, various tags have been created starts with kr-, there are also specialized fields such as kr-science. steemkr.com which is a Korean version of Steemit created by the development team, and various attempts such as kr-market and financial service are started. Among them, # kr-market is the most active movement in #kr these days.

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What is kr-market?

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Kr-market is a market where you can buy and sell goods on Steemit

Kr-market started about two months ago by a Korean Steemian @leesunmoo [@ kr-market]] (https://steemit.com/steem/@leesunmoo/kr-market). After he came up with an idea for kr-market, he sold is paint first time in kr-market. Since then, many Korean Steemians have joined the market, and various products are being traded now.

What products are on trade on kr-market?

Source-@kth6689

The flip flops with Steemit logo on it and phone case. Steemit items are always popular items on kr-market.

Include Starbucks Gift Card, various kinds of gift cards are also traded.

Not only that. At kr-market, your talent can be a trade. For example, if someone asks you to create a background image or thumbnail, you can get paid for it with Steem.

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How is kr-market system working?

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There are many trade methods in kr-market. But the main system is the auction. Let's take a look at a process of auction.

1. First of all, the bid participant vote on the sales post and notify the amount of the bid by a comment.
2. Participants can re-bid with a higher amount.
3. The highest bidder will be the winner within the period suggested by the seller.
4. The amount to be paid by the winning bidder is the payout = winning bidder - (compensation for writing x0.375).
5. If the compensation of the post is higher than the winning bid price, the difference will be sent to the winning bidder after the reward.
6. After the winner pays the auction payment, send their address, phone number, your ​name by Steem chat etc.

In addition to the auction method, the seller trades in various ways. The selling or trading method depends on how the seller decides.

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Why I’m enthusiastic for kr-market

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I used to run the market through my blog a while ago. Even though it is a small blog, somehow Japanese and Chinese people gave me a purchase intention. I was very grateful and thankful, but we had a ​big problem with payment. There was a way to pay by credit card outside of Korea, but it was too small a blog to have a ​credit card payment system, also Japanese people didn’t prefer pay with credit card. I realized that how much hard to sell goods overseas for a small business. At that time, I used to think that I hope there is a blog platform like Steemit.

It’s been only about two months since Kr-market started, and it should be supplemented in the future, but #kr-market is becoming more active by trading each other's products with Steem and I think Steem market’s possibility is infinite.

I think Steemit Market can become a global market place more than any other platform.

You can also activate your #market tag in the community you are in! It won’t take​ a long time​ to buy and sell products around the world through Steemit.

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