erenberke

Stripe puts it nicely here!

"Escrow has a precise legal definition, and Stripe doesn’t provide escrow services or support escrow accounts. However, you can control payout timing through manual payouts, which allow you to delay payouts to certain accounts. When using manual payouts, you must pay out funds within the time frame for the business’s country.

Use delayed payouts when a delivery is delayed or when you think you have a possibility of a refund."

I just used "escrow" to make the process relatable, but we are not technically escrowing it under Stoa. We use Stripe's services to control payment releases upon shipment / inspection. Hopefully didn't cause confusion

merhaba!

we do! any configuration can be sent as an RFQ and dealers will respond with their inventory

The terms are defined in the sales agreements on the platform. Both parties abide by the terms throughout the transaction. We do not release any payment to the sellers until the buyer certifies that they have done the inspection and they are satisfied with the purchase. Throughout the settlement steps, we ask for evidence from both parties.

Contract is essentially pre-defined on the platform, and the parties need to agree with it to trade on Stoa. Establishes mutual trust among both parties.

if wrong documentation is produced, buyers have the right to dispute / return the equipment for a preset period of time. we get the sellers to certify the verifications they upload.

Wouldn't really say like ebay. our transactions are binding and more client driven (clients put the requests instead of stale dealer listings).

on ebay, the dealers always have the right to just cancel your order. we heard this caused a lot of problems for different vendors.

Great question. We don’t treat “used” as one bucket. Before the RFQ goes out, the buyer says what logs and tests they need. If the seller can’t provide usage history, that’s stated in the quote rather than inferred. The market then prices that difference. Hardware with better records and more thorough testing should attract higher bids.

Website includes some of the most liquid cards, but we have many more configs in the actual marketplace.

Basis risk is also a big part of futures markets, how much does spot price differ from forward pricing and why. For physical GPUs, theory would expect a downward sloping forward curve due to the depreciation factor, but from what we have seen recently, sometimes not the case!

Yes, those types of differences across different providers is what the finance world calls basis risk. As more and more transactions take place, we hope to bring transparency into how different components/specs can change pricing, and make them tradable too.

We have AMD chips too, especially MI350X has been in high demand.

Yep, we currently only transact within the US in the marketplace. We handle end user disclosure type checks on the platform. For any international deals, we still support them via our over-the-counter brokerage arm today.

Those work with rental agreements on compute, we directly transact the hardware itself. Instead of per hr pricing, we do physical unit prices. We help with the shipment and clearing process too.