Secondary wallet

[zArrowTan]

Hey so as we all know, there's MCM Wallet for purchasing ranks, ads etc with credit. But what if we could just use a secondary Wallet where we deposit a certain amount and buy resources with it? (example) More like if you're still a teenager and get like 50$ at Christmas but you still have no idea on what to purchase, We could like just deposit the amount into a MCM Wallet v2 so when we want to purchase something, we could just use the Secondary Wallet.

Now here's 2 ways of how a Seller would collect the Money from buyers using Secondary Wallet:
1. A payout page where we can withdraw the money after we hit a certain earning.
2. When we use the Secondary Wallet, make it so it just pays the Seller the money like how we do.

Note: I personally suggest the (1.) option as we could just like withdraw amount altogether once I mean who doesn't like bulk amounts?

 

[Justis]

This has been discussed within MC-Market’s management team at length and our current standing is that we want to avoid, at all costs, allowing our users to transact our on-site credit between each other.

The moment we do so, we open ourselves up to having our credits being used in scams. If one of our users is scammed using our credits, do we refund the credits? Doing so would mean MC-Market takes the loss for deals we had no say in or control over, which is doubly impactful if those credits were already spent, especially in other revenue generating areas of the site like ad positions.

While we may be able to mitigate our financial risks by taking a transaction fee, doing so would kill much of the reason that anyone would have for using that feature legitimately.

Moreover, if we were to ever allow credit to be transacted, we would definitely be unable to allow them to be withdrawn for cash. Only further killing any reason someone would have for accepting them as payment. Doing so would immediately move us from the "credit" category and into the "currency" category, which puts us into a whole new realm of legal regulations which vary drastically from country to country and state to state. The financial burden of just obtaining adequate legal counsel for such an endeavor ensures we’re completely unable to undertake such a task for the foreseeable future.

 

[zArrowTan]

This has been discussed within MC-Market’s management team at length and our current standing is that we want to avoid, at all costs, allowing our users to transact our on-site credit between each other.

The moment we do so, we open ourselves up to having our credits being used in scams. If one of our users is scammed using our credits, do we refund the credits? Doing so would mean MC-Market takes the loss for deals we had no say in or control over, which is doubly impactful if those credits were already spent, especially in other revenue generating areas of the site like ad positions.

While we may be able to mitigate our financial risks by taking a transaction fee, doing so would kill much of the reason that anyone would have for using that feature legitimately.

Moreover, if we were to ever allow credit to be transacted, we would definitely be unable to allow them to be withdrawn for cash. Only further killing any reason someone would have for accepting them as payment. Doing so would immediately move us from the "credit" category and into the "currency" category, which puts us into a whole new realm of legal regulations which vary drastically from country to country and state to state. The financial burden of just obtaining adequate legal counsel for such an endeavor ensures we’re completely unable to undertake such a task for the foreseeable future.

Oh... That was unexpected but understandable