Advanced search
1 file | 466.86 KB Add to list

Monopoly market : het gemak van online drugshandel verzilverd

(2022) PANOPTICON. 43(5). p.449-465
Author
Organization
Abstract
Monopoly Market. Cashing in on the ease of selling drugs online The emergence of cryptomarkets has changed the way people buy and sell illicit drugs. Studying cryptomarkets provides us with unprecedented insights in both the demand and supply side, including what kind of illicit drugs people consume or how sellers respond to law enforcement activities. This article explains how Monopoly Market, a small drug cryptomarket, operates. To achieve this, a custom-built webscraper was developed to collect data on vendors, products and reviews. The results indicated that the majority of the transactions originated from the US and the UK and mainly involved domestic purchases. Cannabis-related products and synthetic drugs including (meth)amphetamine and MDMA were the most commonly sold products. Specific attention was also given to unraveling the role of COVID-19 on the functioning of Monopoly Market. The pandemic did not seem to have impacted the supply in a negative way as most packages have been delivered (on time). Yet, it created opportunities for vendors to strengthen their customer focus and marketing strategies. The results indicate that drug cryptomarkets, regardless of their size, are quite similar in their functioning although they might be less subject to fluctuations due to external conditions that disrupt their operation, such as a health pandemic. More detailed and multimethod research is however needed.
Keywords
drug cryptomarkets, webscraping, COVID-19

Downloads

  • (...).pdf
    • full text (Accepted manuscript)
    • |
    • UGent only
    • |
    • PDF
    • |
    • 466.86 KB

Citation

Please use this url to cite or link to this publication:

MLA
Mortier, Benoit, et al. “Monopoly Market : Het Gemak van Online Drugshandel Verzilverd.” PANOPTICON, vol. 43, no. 5, 2022, pp. 449–65.
APA
Mortier, B., Pattyn, R., De Meyer, M., & Colman, C. (2022). Monopoly market : het gemak van online drugshandel verzilverd. PANOPTICON, 43(5), 449–465.
Chicago author-date
Mortier, Benoit, Renee Pattyn, Maud De Meyer, and Charlotte Colman. 2022. “Monopoly Market : Het Gemak van Online Drugshandel Verzilverd.” PANOPTICON 43 (5): 449–65.
Chicago author-date (all authors)
Mortier, Benoit, Renee Pattyn, Maud De Meyer, and Charlotte Colman. 2022. “Monopoly Market : Het Gemak van Online Drugshandel Verzilverd.” PANOPTICON 43 (5): 449–465.
Vancouver
1.
Mortier B, Pattyn R, De Meyer M, Colman C. Monopoly market : het gemak van online drugshandel verzilverd. PANOPTICON. 2022;43(5):449–65.
IEEE
[1]
B. Mortier, R. Pattyn, M. De Meyer, and C. Colman, “Monopoly market : het gemak van online drugshandel verzilverd,” PANOPTICON, vol. 43, no. 5, pp. 449–465, 2022.
@article{01GJA47RZNCYJ96PEZTY09P09J,
  abstract     = {{Monopoly Market. Cashing in on the ease of selling drugs online 
The emergence of cryptomarkets has changed the way people buy and sell illicit drugs. Studying cryptomarkets provides us with unprecedented insights in both the demand and supply side, including what kind of illicit drugs people consume or how sellers respond to law enforcement activities. This article explains how Monopoly Market, a small drug cryptomarket, operates. To achieve this, a custom-built webscraper was developed to collect data on vendors, products and reviews. The results indicated that the majority of the transactions originated from the US and the UK and mainly involved domestic purchases. Cannabis-related products and synthetic drugs including (meth)amphetamine and MDMA were the most commonly sold products. Specific attention was also given to unraveling the role of COVID-19 on the functioning of Monopoly Market. The pandemic did not seem to have impacted the supply in a negative way as most packages have been delivered (on time). Yet, it created opportunities for vendors to strengthen their customer focus and marketing strategies. The results indicate that drug cryptomarkets, regardless of their size, are quite similar in their functioning although they might be less subject to fluctuations due to external conditions that disrupt their operation, such as a health pandemic. More detailed and multimethod research is however needed.}},
  author       = {{Mortier, Benoit and Pattyn, Renee and De Meyer, Maud and Colman, Charlotte}},
  issn         = {{0771-1409}},
  journal      = {{PANOPTICON}},
  keywords     = {{drug cryptomarkets,webscraping,COVID-19}},
  language     = {{dut}},
  number       = {{5}},
  pages        = {{449--465}},
  title        = {{Monopoly market : het gemak van online drugshandel verzilverd}},
  volume       = {{43}},
  year         = {{2022}},
}