Welcome to UMP.eth¶
The Universal Marketplace Protocol (UMP) is a decentralized marketplace for tangible goods built on Base. Our mission is to make trading anything possible while protecting both buyers and sellers through smart contracts and trusted human oversight.
What is UMP?¶
UMP combines automated escrow contracts with reputable community members who can mediate disputes. This hybrid approach gives you:
- Protection through escrow: Your funds stay safe in smart contracts until you get what you paid for
- Privacy by design: Your sensitive information stays private while keeping everything auditable
- Low-cost settlement: Quick and secure transactions without high fees
- Fair dispute handling: Trusted arbiters help solve any issues that come up
- Easy access: Start buying or selling with just a crypto wallet
How it Works¶
- Buyers pick an item and pay with crypto
- The money goes into an escrow contract made just for that order
- Sellers ship the item after getting shipping details through private messages
- Buyers confirm when they get their item, releasing the payment. If they neither confirm nor dispute by the deadline, the seller can collect it
- If there's a problem, a trusted arbiter helps solve it
Key Features¶
- Smart Contract Security: Built on Ethereum, deployed on Base, with verified contracts that keep your assets safe
- Per-Order Escrow: Each order's payment sits in its own contract, with no pooled funds
- Seller-Designated Arbitration: Fair dispute resolution by trusted community members
- Quick Setup: Launch your store in minutes - we handle all the complex tech
Ready to get started? Check out our Buyer's Guide to learn how to make your first purchase, or our Seller's Guide to start setting up your store.
