kaal:claim:3128900-039

Removing centralized fees produces a more efficient marketplace for workers, verifiers, and requesters alike by eliminating rent seeking intermediaries, leaving gas for posters as the only cost.

Source quote, verbatim

The lack of fees on the Semada platform creates a more efficient marketplace for workers, verifiers, and requesters alike through the removal of the rent seeking intermediators.

From

Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018), 4.1 No Platform Fees, p. 16
https://ssrn.com/abstract=3128900 · source PDF

Cite as

Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900

Holds when

posters pay gas on the Ethereum blockchain, viewers do not

Classification

mechanismsupport: argueddecentralizationeconomics

Related claims

extended_by kaal:claim:3406323-013 Because decentralized cryptocurrency platforms have lower cost structures, they can remove the consumer fees i...

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