Hydra Market Onion Strategies For The Entrepreneurially Challenged

«Throughout the outbreak, a very cool function of delivery seemed on Hydra,» Sasha said in her interview. «To use it, you need to pay five thousand rubles [$67], but the’treasure’ (drugs) is placed as near as possible to the place you suggested. The pleasure is not cheap, but maybe this kind of trend is outlined in relation to the pandemic and lockdowns.»

«Hydra prefers severe Russian medication sellers, only allowing sellers that would like to pay’rent’ for their shops and requiring a monthly payment of over $100 USD for use of their support,» Darkowl.com writes. «This [method] reduces the likelihood of vendors who are actually scammers law enforcement utilizing the website for entrapment and manipulation.»

On September 15, Filtermag.org published an article that interviewed a number of drug users from Russia to observe how they were coping with the Covid-19 pandemic. Some of the people interviewed leveraged the thriving DNM economy in Russia, and specifically spoke Hydra’s involved delivery operations.

On September 14, the blockchain analysis company Chainalysis reported to the notorious Russian darknet marketplace (DNM) called Hydra and noted that the DNM is Eastern Europe’s»sixth-largest service by volume in the region.» Moreover, the report also shows that Hydra has produced a»complex drug delivery system» inside Russia and throughout several countries in Europe too.

In the end of August, the darknet marketplace (DNM) community said goodbye to the Empire Market, which suddenly decided to exit scam on August 22. News.Bitcoin.com reported about the aftermath and how DNM patrons scrambled to find alternatives.

Hydra primarily functions as a market for drugs however other contraband such as fake passports, stolen credit cards, and counterfeit currency is also available. In this sense, the market is comparable to its pioneering predecessor Silk Road.

«Couriers receive delivery orders in a way similar to Uber drivers and drop off packages in discrete places broadcast to buyers later so that neither party ever has to see each other or make an in-person exchange. No other areas are similar in terms of darknet market earnings or elegance of surgeries,» the Chainalysis Eastern European study concluded.

One user named Sasha said that Hydra and the heavy web was beneficial toward getting drugs during the pandemic. Sasha clarifies a range of Hydra vendors are leveraging»geotagged» locations so people do not even have to meet.

On Monday, Chainalysis released a report about the cryptocurrency market activity in Eastern Europe this year, and the organization’s finding touched upon the Russian DNM called Hydra. But, Hydra catered it’s primary focus on drugs and RAMP disappeared in late 2017. Reports highlight that after RAMP’s passing,»Hydra seen a rise in consumer registrations and seller activity.»

The principal payment method that facilitates trade on Hydra is bitcoin (BTC). Hydra also shows a cost ticker on the top right of its platform to ensure that its customers are conscious of the current value of bitcoin in both US dollars (USD) and Russian rubles (RUB). A report by blockchain analysis company Chainanalysis estimates that Hydra generated more than $1.2 billion in crypto earnings between June 2019 and July 2020.

Vendors, for example Walt Disney Drugs, Pyramid Market, and PokemonGo, show off their merchandise, which comes with detailed descriptions and customer testimonials to make sure buyers are aware of what they are purchasing.

To deliver their product, Hydra sellers utilize a system of GPS-located hiding spots. Vendors employ a network of couriers who deliver contraband purchases to a previously agreed upon concealed place. Once delivered, the purchaser gets the GPS coordinates for recovery. This is the world’s most sophisticated DNM distribution platform. This means there’s no in-person exchange demanded, and it avoids the need for authorities controlled delivery solutions. This method of delivery is only available in Russia and big towns across The Commonwealth of Independent States (CIS) (Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine).

The Chainalysis report notes that these days, the DNM Hydra, is now Eastern Europe’s»sixth-largest» crypto support by volume in the region. Moreover, Chainalysis details that Hydra uses a very involved scheme for deliveries.

In many ways, darknet marketplaces such as Hydra mimic the user experience of internet retail platforms like Amazon, which is among the aspects which lead to their popularity with customers prepared to engage with prohibited market places.

Hydra, Russia’s largest darknet marketplace generated over $1.2 billion in crypto earnings between June 2019 and July 2020 and today plans to launch a brand new darknet market targeting Western consumers. Was it the most illegal market thus far?

The Russian darknet marketplace is one of the largest prohibited marketplaces working on the dark web. The platform was established in 2015 to provide sellers with the ability to create individual online stores to market their products. It’s older than some of the current Western DNMs. These comprised an ICO to fund an expansion into new markets, Eternos, a brand new DNM for Western users, and AspaNET, an alternative to TOR. While there is doubt as to the current status of those projects, in June of this year the Hydra team stated that the projects were delayed due to the outbreak.

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