TOAT is a marketplace where users trade clothing and art instead of selling it, allowing offers of items, cash, or a mix of both. The platform eliminates seller fees on trades and uses a refundable deposit held in escrow to secure both sides until the swap is completed. Users can list items with photos, browse listings, and confirm receipt to release funds.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional resale platforms focus on cash transactions, which can be limiting for unique or high-value items like art and designer clothing. Sellers often face fees, and buyers may lack the flexibility to offer something of equal value in exchange, reducing the potential for creative, non-monetary deals.
Solution
TOAT provides a dedicated marketplace where users trade clothing and art directly, bypassing cash-only sales. The platform supports offers of items, cash, or a combination of both, enabling flexible negotiations. To ensure trust, both parties place a refundable deposit in escrow, which is released only after both sides confirm receipt of the swapped goods. This structure reduces fraud risk and encourages participation by protecting both traders throughout the process.
Target Audience
Primary users are individuals and collectors interested in trading clothing and art, including fashion enthusiasts, artists, and those seeking alternative, fee-free exchange methods.
Features
- Listing system requiring only a couple of photos for quick posting
- Offer mechanism supporting item-for-item trades, cash, or hybrid deals
- Escrow service holding refundable deposits from both sides until swap completion
- Shipping window enforcement with receipt confirmation to trigger fund release
- No seller fees on trades, reducing transaction costs for users