Introducing Replin! Decentralized Reputation and Payments App for Any Marketplace, Powered by Ink Protocol
Public Beta of Transferable Reputation Platform Now Available to Buyers and Sellers Utilizing PayPal for Payments Across Multiple Peer-to-Peer Marketplaces
Today, we are extremely excited to announce the public beta launch of Replin, a platform that allows consumers to sell goods and services on any marketplace with their existing PayPal account, while earning public, transferable reputation — allowing them to carry their merchant rating across any platform they use.
After a few weeks of private beta testing, and many successful transactions, we think Replin is finally ready for the public! We spent the last week squeezing in a few extra features (like feedback importing) that we think you will love too :)
Utilizing Replin, buyers can leave feedback for every transaction, helping sellers not only improve any trouble areas, but also ensuring they carry over their hard-earned good reputation across platforms. Unlike current systems, reputation and feedback data is stored via Ink Protocol — a decentralized, blockchain-based reputation system — so no centralized third-party owns all the seller’s data.
Replin also allows users to connect their marketplace accounts and import existing feedback and transaction history to get up to speed quickly. Currently, Replin supports connecting your verified eBay, Listia, and Reddit accounts.
Why Decentralized?
Conventional online P2P marketplaces store only the reputation and feedback of their own users, making it very difficult for sellers to branch out to other marketplaces or to find new buyers. On Replin, payments are processed through PayPal and tied to each transaction. All of the associated feedback, reputation and transaction history is completely decentralized and stored via Ink Protocol. This valuable data is made publicly available, transferable between marketplaces, permanent and viewable by everyone.
“Prospective buyers are now able to easily look up any seller’s public reputation on every marketplace before deciding whether or not to buy from them,” said Gee-Hwan Chuang, co-founder and chief executive officer of Listia. “This creates a global trust and reputation network that works across all kinds of marketplaces, eradicating uncertainty and reducing the risk associated with P2P online shopping.”
Replin gives buyers and sellers the freedom to use all their favorite marketplaces together, regardless of what goods or services they are selling. Additionally, sellers always have the option to move to new marketplaces without rebuilding their entire profile and reputation.
To access Replin, please visit replin.com. You can also search for it on Google Play or the Apple App Store.
About Listia Inc. and Ink Protocol
Founded in 2009, Listia has raised over $11 million in venture capital from prominent Silicon Valley venture capitalists and investors including General Catalyst, A16Z, Y Combinator, SV Angel, Founder Collective, Max Levchin, Naval Ravikant and others. With a devoted following of ten million members across web and mobile platforms, it is the world’s premier online trading peer-to-peer (P2P) marketplace for new and used goods.
After nearly a decade of growing its P2P marketplace and processing more than 100 million items, the Listia team developed and brought to market Ink Protocol. Powered by the Ethereum blockchain and XNK, Listia’s ERC20 compatible token, Ink Protocol is a new decentralized reputation and payment system. The technology is designed specifically for P2P marketplace transactions where trust between the buyer and seller may be limited. Due to its decentralized nature, sellers can carry their reputation with them across multiple marketplaces, including Listia.
