Introduction to the dark web markets
A money-making website that works through darknets like T 0r I2P is known as the dark web. Dark web markets work basically as black markets, exporting or contracting dealings including drugs, weapons, cyber-arms, money, fake papers, details of stolen credit cards, steroids, abandoned drugs, and other illegal things along with the dealing of legitimate products. In 2006, e-commerce in the dark web was started; illegal products were amid the first products to be handled by using the internet.
ARPANET was used by the students of Stanford University and the Massachusetts Institute of Technology to organize the procurement of cannabis. Newsgroups like alt. drugs were online centers for discussion and information on drugs by the end of the 1980s and any linked contracts were organized completely off-site directly amid individuals. With the growth and commercialization of the e-commerce and World Wide Web in the 1990s, the tools to deliberate or perform illegal dealings were commonly accessible. The Hive, one of the well-known web-based drug mediums was launched in 1997 working as a data-sharing medium for useful drugs fusion and lawful argument (Weber et al., 2019).
The world’s biggest illegitimate marketplace on the dark web is the dark market and the international operation including Australia, Germany, Moldova, USA, UK, Ukraine, and Denmark it has been taken offline. In these markets, the method of payment is by cryptocurrencies and in the darknet markets, the dealings are anonymized. For creating safety and secrecy these markets are present on Tor networks. Bitcoin is the way by which transactions take place for protecting sellers and buyers who are using dark wallets. For discouraging scams and frauds the payment is made in escrow by the site operators and the only visible link in the chain of the dark market is the real shipment of the products by the postal system.
The main role of the darknet market is the trade of illegitimate drugs and it has been concluded by the RAND corporations that in the total sale volume of 2015, almost $100 to $180 million are made by the darknet markets. 70% of sales are made by the sale of cocaine-related goods and Cannabis and they receive feedback about their products on online e-commerce sites like Amazon and eBay (Ball et al., 2021). The traders who provide the products that are following the quality measures and are fulfilling the demands get greater scores with an improved reputation. The sources are offered to both sellers and buyers by darknet markets so that they get information about buying the goods through mail, involving what are the goods required to disguise shipping and procedures for foil recognition (Weber et al., 2019).
The biggest dark web markets include Alphabay that was considered as one of the unique darknet market places and in 2017 when the area was detained Alphabay was taken offline. It has been relaunched by DeSnake (the manager) and there is a discussion that is this real Alphabay web market or any other company using the name of Alphabay and it is a debatable topic while the marketplace is functioning and appears to work similar as it was doing in the past (Ball et al., 2021).
A new marketplace named Vice City Market emphasizes their consumer assistance and working safety. Their priority is to listen to the concerns of their clients the seller’s response, to make the eventual user understand their policy. Versus market is among those web markets in which the users are not required to deposit money in their accounts. The customers simply pay for their acquisitions on counters on any regular e-commerce that takes crypto expenses. The incognito market is the dark web market that emphasizes the easiness and safety while using as it is the market created to make the risk of purchasing drugs on streets that are nearly non-prevalent. Revolution market is a new market that provides numerous groups of products. From revolution market along with drugs, scam-related products and Monero and Bitcoin are the accepted currencies.
Dark Fox Market is the biggest market on the darknet the trades all types of goods. Along with the drugs, there are a number of other products available in this market. A new market named Archetype market that is working in Europe only that especially emphasize on drugs. In this market all drugs including narcotics and cannabis are available. In Cartel market, it is a darknet market that contains numerous goods and there are numerous other categories of products available in this market. Invictus market is a market containing almost all goods of all categories but it is famous in drug classification (Ball et al., 2021).
Darkode reborn is considered as one of the biggest markets has numerous types of goods. World Market is also one of the biggest markets on the darknet that trades all types of goods that deals in both drugs and all other categories of products. ASAP market is also a darknet market with a focus on all types of drug dealing. Making an account is not necessary ASAP but before buying anything registering you are necessary. Torrez market is the group that focuses on making a change by providing free internet and is also the first market of its type with a transparent Roadmap (Ball et al., 2021).
The dark web markets are increasing worldwide which is also increasing the buying and selling of drugs and other products. There are numerous markets that refuse to sell the weapons or poison but they offer the stolen data, other products, and illegitimate amenities. The dark web markets are present almost everywhere in the world and there are many countries that have banned these markets but they are still present and doing their business of selling and buying illegal products to their desired sellers and buyers. Using and buying drugs from the dark web is illegitimate and it is not an illegal action as someone uses the dark web for reading any hidden blog posts or any forums anonymously.