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bisq-network / growth

Bisq exchange growth experiments
https://bisq.wiki/Growth_team
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BOUNTY $100 Nigeria NGN/BTC P2P market making experiment #293

Open flix1 opened 8 months ago

flix1 commented 8 months ago

Learning Goal/Objective

Objective is to kickstart the NGN/BTC market.

A big obstacle for Bisq in Nigeria has been the lack of mobile. We will try to overcome this by using matrix chat for small p2p trades in the same way that the "get your first BTC" channel works.

It will also allow us to experiment with ⚡ Lightning Network for trades.

Hypothesis

If we can get 1 market maker selling BTC at a premium, this will become a sustainable business model and will have more permanence than previous experiments.

Bounty

To claim this bounty the contributor must make at least 5 NGN/BTC trades on the matrix "get your first BTC" channel. Minimum 10.000 sats per trade or 50.000 sats total.

Post screenshots here for proof.

Jayboi23 commented 8 months ago

I will be attempting the experiment and claim the bounty 🚀

Jayboi23 commented 8 months ago

The trade was experimented and the offer was successfully taken.

IMG_5700

flix1 commented 8 months ago

After some discussion (see https://github.com/bisq-network/compensation/issues/1501 ) I agree that it would be reasonable to see more trades before considering this bounty completed. 5 trades in total would be fine to prove that this P2P channel works.