Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 1:51:39 GMT 1, www.bidendum.com
Bidendum is a new and completely secure way to trade Banksy prints, set to revolutionise the world of online art trading.
Bidendum ensures fair market value for all prints by allowing buyers to set the price they are willing to pay for a print, and sellers the price they are willing to sell it for. Bidendum offer complete buyer and seller security by securing an authorization payment from the buyer, and then receiving and fully authenticating the print with Pest Control, the official Banksy authentication service.
Buyers add their offers with a payment authorization made via PayPal. An authorization payment works like a promise - the buyer's bank is contacted to ensure they can pay for the print, but no money is taken from the buyer until the print is received and authenticated by Bidendum.
After this, the seller sends their print to Bidendum who complete the full Pest Control authentication, and send out the print to the buyer. The buyer's credit card is charged and the seller receives payment to their Bidendum account, less our low commission of 9.9%.
Each print purchased with Bidendum comes complete with a Pest Control certificate of authenticity.
www.bidendum.comBidendum is a new and completely secure way to trade Banksy prints, set to revolutionise the world of online art trading. Bidendum ensures fair market value for all prints by allowing buyers to set the price they are willing to pay for a print, and sellers the price they are willing to sell it for. Bidendum offer complete buyer and seller security by securing an authorization payment from the buyer, and then receiving and fully authenticating the print with Pest Control, the official Banksy authentication service. Buyers add their offers with a payment authorization made via PayPal. An authorization payment works like a promise - the buyer's bank is contacted to ensure they can pay for the print, but no money is taken from the buyer until the print is received and authenticated by Bidendum. After this, the seller sends their print to Bidendum who complete the full Pest Control authentication, and send out the print to the buyer. The buyer's credit card is charged and the seller receives payment to their Bidendum account, less our low commission of 9.9%. Each print purchased with Bidendum comes complete with a Pest Control certificate of authenticity.
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Bidendum - The New Way to Buy and Sell Banksys, by wiz on Oct 29, 2008 1:55:31 GMT 1, Why would i use Bidendum when i can buy a Pest Controlled authorised Banksy myself direct from the seller?, thus no need to pay any fee to a third party and also no need to have a third party contact my bank. Just wondering thats all.
Why would i use Bidendum when i can buy a Pest Controlled authorised Banksy myself direct from the seller?, thus no need to pay any fee to a third party and also no need to have a third party contact my bank. Just wondering thats all.
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bullet
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January 2013
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Bidendum - The New Way to Buy and Sell Banksys, by bullet on Oct 29, 2008 1:58:51 GMT 1, all banksy prints need pest control now in my opinion as they are not trusted, there is even fakes floating around from members of this place from d*face which is also worrying
all banksy prints need pest control now in my opinion as they are not trusted, there is even fakes floating around from members of this place from d*face which is also worrying
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:00:02 GMT 1, Bidendum ensures complete buyer and seller transactional security.
Funds will only leave the buyers account once the print has been received and authenticated by Bidendum and Pest Control and as such the seller is guaranteed throughout the transaction.
Please check here for a brief pictorial guide to how Bidendum works
www.bidendum.com/view.aspx?ID=287
Bidendum ensures complete buyer and seller transactional security. Funds will only leave the buyers account once the print has been received and authenticated by Bidendum and Pest Control and as such the seller is guaranteed throughout the transaction.
Please check here for a brief pictorial guide to how Bidendum works www.bidendum.com/view.aspx?ID=287 |
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Bidendum - The New Way to Buy and Sell Banksys, by arcam on Oct 29, 2008 2:02:04 GMT 1, To be fair 9.9% is a fair chunk. Most don't want to even pay Pay Pal fees which are far less.
To be fair 9.9% is a fair chunk. Most don't want to even pay Pay Pal fees which are far less.
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Heavyconsumer
Junior Member
Posts โข 4,974
Likes โข 5
February 2008
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Bidendum - The New Way to Buy and Sell Banksys, by Heavyconsumer on Oct 29, 2008 2:05:25 GMT 1, And who takes responsibility for prints damaged/lost in transit?
And who takes responsibility for prints damaged/lost in transit?
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Bidendum - The New Way to Buy and Sell Banksys, by wiz on Oct 29, 2008 2:07:32 GMT 1, It still seems like going through Bidendum is just complicating the deal to me though?, if i buy a Banksy print i would expect it to have a Pest Control cert. anyhow, if not then i wouldnt buy it unless buying from a trusted member on this forum and / or the seller was willing to have it certified pre sale. See i just dont understand the part of Bidendum apart from a middle man who will charge a fee for doing what i can do myself, am i right or wrong? please explain.
It still seems like going through Bidendum is just complicating the deal to me though?, if i buy a Banksy print i would expect it to have a Pest Control cert. anyhow, if not then i wouldnt buy it unless buying from a trusted member on this forum and / or the seller was willing to have it certified pre sale. See i just dont understand the part of Bidendum apart from a middle man who will charge a fee for doing what i can do myself, am i right or wrong? please explain.
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:10:40 GMT 1, Bidendum hopes to eliminate counterfeit prints at the same time as creating a perfect market for buyers and sellers through the use of a spread system much like Betfair.
This careful negotiation should create transactions that will relate more directly to the current market price at any given time.
Bidendum hopes to eliminate counterfeit prints at the same time as creating a perfect market for buyers and sellers through the use of a spread system much like Betfair.
This careful negotiation should create transactions that will relate more directly to the current market price at any given time.
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Francis
Junior Member
Posts โข 2,571
Likes โข 137
September 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Francis on Oct 29, 2008 2:11:58 GMT 1, What if they say they didn't receive the print or if the print was damaged? Who takes the hit? Also, your company name sounds like Bin Laden
What if they say they didn't receive the print or if the print was damaged? Who takes the hit? Also, your company name sounds like Bin Laden
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:12:06 GMT 1, All prints are fully insured in transit and as such are covered for damages or losses.
All prints are fully insured in transit and as such are covered for damages or losses.
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Bidendum - The New Way to Buy and Sell Banksys, by wiz on Oct 29, 2008 2:14:06 GMT 1, Sorry Bidendum i just dont see the advantage of yet another party to add to the Buyer / Seller / Pest Control / shipper scenario, and for that reason im out. Good luck in the venture though.
Sorry Bidendum i just dont see the advantage of yet another party to add to the Buyer / Seller / Pest Control / shipper scenario, and for that reason im out. Good luck in the venture though.
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Francis
Junior Member
Posts โข 2,571
Likes โข 137
September 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Francis on Oct 29, 2008 2:15:57 GMT 1, All prints are fully insured in transit and as such are covered for damages or losses.
So Bidendum is the insurer and will assume the liability? Who's insuring them?
All prints are fully insured in transit and as such are covered for damages or losses. So Bidendum is the insurer and will assume the liability? Who's insuring them? |
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Bidendum - The New Way to Buy and Sell Banksys, by arcam on Oct 29, 2008 2:18:49 GMT 1, The counterfit issue is already being addressed with the likes of Pest Control/POW.
The counterfit issue is already being addressed with the likes of Pest Control/POW.
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:21:56 GMT 1,
As already posted by POW this year the number of Banksy frauds on the market is increasing dramatically. Bidendum not only ensures that all prints sold though its site are 100% legitimate but also offers seller total transactional security, as such potential financial losses can be eliminated.
As already posted by POW this year the number of Banksy frauds on the market is increasing dramatically. Bidendum not only ensures that all prints sold though its site are 100% legitimate but also offers seller total transactional security, as such potential financial losses can be eliminated.
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Bidendum - The New Way to Buy and Sell Banksys, by Guest on Oct 29, 2008 2:28:27 GMT 1, will bidendum be responsible for sending the print to the buyer after authentication?
will bidendum be responsible for sending the print to the buyer after authentication?
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Rsyok
Junior Member
Posts โข 3,372
Likes โข 504
January 2008
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Bidendum - The New Way to Buy and Sell Banksys, by Rsyok on Oct 29, 2008 2:30:46 GMT 1, What if they say they didn't receive the print or if the print was damaged? Who takes the hit? Also, your company name sounds like Bin Laden 
What if they say they didn't receive the print or if the print was damaged? Who takes the hit? Also, your company name sounds like Bin Laden Isnt your name something to do with the Michelin man ? What if you want to do something wild and buy other than Banksy your business model is too limited and for that reason Im out. |
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Bidendum - The New Way to Buy and Sell Banksys, by Guest on Oct 29, 2008 2:33:28 GMT 1, what are your return polices to the buyer?
what are your return polices to the buyer?
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:33:31 GMT 1, Yes. Once received and fully authenticated, Bidendum will send the print onto the buyer through means of insured courier.
Only at this time will payment for the print be taken from the Buyers account.
Yes. Once received and fully authenticated, Bidendum will send the print onto the buyer through means of insured courier.
Only at this time will payment for the print be taken from the Buyers account.
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Bidendum - The New Way to Buy and Sell Banksys, by wiz on Oct 29, 2008 2:33:48 GMT 1, Thats "Bibendum" as in Michelin Man.
Thats "Bibendum" as in Michelin Man.
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:36:46 GMT 1, Return policies exist if the print is delivered in anything but perfect condition.
Return policies exist if the print is delivered in anything but perfect condition.
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Bidendum - The New Way to Buy and Sell Banksys, by wiz on Oct 29, 2008 2:39:11 GMT 1, It all sounds very complicated to me Bidendum. This is a new venture i take it? has Bidendum done anything like this before?.
It all sounds very complicated to me Bidendum. This is a new venture i take it? has Bidendum done anything like this before?.
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Bidendum - The New Way to Buy and Sell Banksys, by arcam on Oct 29, 2008 2:39:54 GMT 1, As already posted by POW this year the number of Banksy frauds on the market is increasing dramatically. Bidendum not only ensures that all prints sold though its site are 100% legitimate but also offers seller total transactional security, as such potential financial losses can be eliminated.
So what exactly does the 9.9% cover? Do you pay for the Pest Control Certification? Do you charge extra for collecting the print? And delivering to the buyer? Give us a break down.
As already posted by POW this year the number of Banksy frauds on the market is increasing dramatically. Bidendum not only ensures that all prints sold though its site are 100% legitimate but also offers seller total transactional security, as such potential financial losses can be eliminated. So what exactly does the 9.9% cover? Do you pay for the Pest Control Certification? Do you charge extra for collecting the print? And delivering to the buyer? Give us a break down. |
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:44:27 GMT 1, Bidendum simply relates to the idea that a perfect market for any product can only be found without the use of an auction style bidding system.
This would entail the use of an open "BUY IT NOW" system, where buyers and seller can see each other's offers.
Bidendum simply relates to the idea that a perfect market for any product can only be found without the use of an auction style bidding system.
This would entail the use of an open "BUY IT NOW" system, where buyers and seller can see each other's offers.
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Bidendum - The New Way to Buy and Sell Banksys, by wiz on Oct 29, 2008 2:45:18 GMT 1, Also, what do you envisage the whole turnaround to be? from leaving seller to arriving with buyer?. Also as Arcam says we need an example breakdown of say a client buying in an unauthorised print for 6k, what would charges / extras be on a 6k transaction?.
Also, what do you envisage the whole turnaround to be? from leaving seller to arriving with buyer?. Also as Arcam says we need an example breakdown of say a client buying in an unauthorised print for 6k, what would charges / extras be on a 6k transaction?.
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Francis
Junior Member
Posts โข 2,571
Likes โข 137
September 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Francis on Oct 29, 2008 2:45:25 GMT 1, Will you be carrying future Banksy print releases as well?
Will you be carrying future Banksy print releases as well?
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:46:39 GMT 1, Yes we will be carrying all future Banksy print releases.
Yes we will be carrying all future Banksy print releases.
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Bidendum - The New Way to Buy and Sell Banksys, by Guest on Oct 29, 2008 2:49:39 GMT 1, what will they be?
what will they be?
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Bidendum - The New Way to Buy and Sell Banksys, by arcam on Oct 29, 2008 2:50:37 GMT 1, As already posted by POW this year the number of Banksy frauds on the market is increasing dramatically. Bidendum not only ensures that all prints sold though its site are 100% legitimate but also offers seller total transactional security, as such potential financial losses can be eliminated. So what exactly does the 9.9% cover? Do you pay for the Pest Control Certification? Do you charge extra for collecting the print? And delivering to the buyer? Give us a break down.
bump
As already posted by POW this year the number of Banksy frauds on the market is increasing dramatically. Bidendum not only ensures that all prints sold though its site are 100% legitimate but also offers seller total transactional security, as such potential financial losses can be eliminated. So what exactly does the 9.9% cover? Do you pay for the Pest Control Certification? Do you charge extra for collecting the print? And delivering to the buyer? Give us a break down. bump |
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Bidendum
New Member
Posts โข 226
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August 2007
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Bidendum - The New Way to Buy and Sell Banksys, by Bidendum on Oct 29, 2008 2:52:27 GMT 1, An unauthorized print would incur no charges to the buyer.
No funds leave the buyers account until such a time when the print is found to be real and authentic.
An unauthorized print would incur no charges to the buyer.
No funds leave the buyers account until such a time when the print is found to be real and authentic.
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Bidendum - The New Way to Buy and Sell Banksys, by wiz on Oct 29, 2008 2:53:01 GMT 1, Have Bidendum already got some talks on with Pest Control / POW about the proposed venture? ie. will Bidendum be working in liason with these companies?, also when is Bidendum due to become fully operative?.
Have Bidendum already got some talks on with Pest Control / POW about the proposed venture? ie. will Bidendum be working in liason with these companies?, also when is Bidendum due to become fully operative?.
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