MGM Grand Market, launched in April 2021, has quickly established itself as a significant player in the darknet market scene, particularly following the closure or inaccessibility of other such markets. With 745 vendors and nearly 100,000 active buyers, MGM Grand has capitalized on the demand for a reliable and accessible online marketplace within the dark web.
Key features of MGM Grand Market:
- User-friendly interface. MGM Grand is noted for its contemporary layout, which is not only user-friendly but also optimized for mobile devices. This adaptation allows users to navigate the market and place orders conveniently via mobile devices equipped with a Tor browser, enhancing accessibility and user experience significantly.
- Indemnity fund. One of the unique offerings of MGM Grand is its "indemnity fund", which aims to protect buyers from fraudulent transactions. While the market stresses that it is not an insurance provider, it endeavors to compensate buyers affected by scams, albeit advising buyers to practice due diligence to minimize risks.
- Vendor and product management. The market has a rigorous policy against fraudulent vendors, having removed over 200 such sellers in 2022 alone. This proactive stance helps maintain the integrity of transactions within the marketplace.
- Diverse product listings. MGM Grand hosts approximately 25,000 listings across various categories, including Fraud, Drugs, Digital Goods, Guides & Tutorials, and Miscellaneous. The Drugs category is particularly extensive, featuring a range of subcategories from Benzos to Psychedelics, with Stimulants drawing notably more attention than traditional categories such as marijuana.
- Cryptocurrency transactions. Currently, MGM Grand only accepts Bitcoin (BTC), with plans to incorporate Monero (XMR) to enhance transaction privacy in the future. Transactions are handled through an escrow system, with funds deposited into a centrally-managed wallet prior to order placement. While Direct Pay and multisig options are not available, selected vendors may have Finalize Early (FE) privileges.