
TLS79: Julian Fahrer on Building Apollo, The Price of Information, and the Lightning Network
The Kevin Rooke Show
00:00
What Are the Characteristics of a Successful Marketplace?
We are describing, I think, a marketplace for reviews or a marketplace for the exchange of information. And so one question you can ask is, well, what does a good marketplace look like? Well, or a good market. It needs to have a few things. There needs to be low barriers to entry. And then people need to be properly incentivized with the actual rewards that they're getting. But there are a number of features. And then the payments part of it is one of them, or one of a set of features, maybe undergirding all of the rest of them too.
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