I’m guessing my idea is slightly different because I had been considering tying crypto to Lemmy then a bunch of people talked me out of it and I sort of agree (one guy mentioned the cobra effect then walked away and I was like 😧…he’s right). Crypto doesn’t always need to be tied into everything though e-commerce is an obvious one. There are so many issues with crypto though: for one, which technology would you choose? Because I would choose Cardano and immediately that would ignite some tribalism where someone else thinks it needs to be on an ERC-20 token or a DAO or both.

Even though I am an actual DApp developer, I’d rather create the pure technology to allow vendors to broadcast their inventories and create small pockets of vendor alliances in the form of a multi vendor instance with membership perks. I intend to try my small, less ambitious, non crypto idea in niche, budding industries to gain network effect.

Also, I’d think DID’s would corrupt the system even more since which central arbiter is chosen has a centralizing effect, anonymity goes away, trustless payments become optional rather than by default, and governments can use that information to track someone. Maybe my approach is to take it one step at a time and yours is to completely strip out all technologies for decentralized ones. Again, I sincerely love crypto but I want to make sure the simplest part of my idea is the focus for a minimum viable product.

The GPS coordinates thing is certainly a good point.

I think it could be a lot like the other fediverse apps where the front end of the app is actually where the distinction often lies..which is up to independent app devs to innovate on.

I’d be creating my MVP for small, local, budding industries to help work out the kinks in preparation for something as vast and comprehensive as the vision you have is. Also, I’d think, since it can be niche products and industries at first, perhaps inventories could be batched based on (as you say) geography, type, industry, etc. You certainly wouldn’t want a firehose of every Lemmy community and perhaps this would be no different. It’s all in how you consume it, I’m guessing.