Technologies
As Black Friday nears, secondhand gifts poised to ride a holiday shopping wave
It’s not cheaping out to give gifts from online auction, thrift and consignment sites, shoppers say.
Teresa Chin, a friend of mine from grad school, got an early start hunting for Christmas ornaments for her in-laws this year. She’d heard about global supply chain snags and didn’t want to be caught empty-handed for the holiday.
So Chin turned to Poshmark, an online market for secondhand clothes and household goods, where she found figurines of skiing cheetahs — objects full of personal references that would tickle her husband’s parents. Because Poshmark sellers tend to list what they already have on hand, Chin didn’t worry about her cheetahs missing the holiday because of busy ports or blocked canals. The purchases also fit her value of consuming less new stuff.
«It’s on time. It’s cute,» Chin told me. «It feels personal.»
Chin is far from alone in giving gifts euphemistically referred to as «previously owned.» Spurred by concerns about consumer waste and climate change, attitudes about secondhand goods have been shifting for years. The reevaluation has created a booming business for everything from auction sites to online consignment stores.
The popularity of used items has prompted many consumers to consider a practice that was once unthinkable: giving secondhand goods as gifts. Nearly 40% of respondents to a survey conducted on behalf of resale site Mercari said they’re planning to buy at least one secondhand gift this year. Half of those said they’d be comfortable telling the recipient the gift was previously owned. Sales in luxury categories are swift as the holidays approach, according to eBay, which said it’s seeing five pre-owned watches and three pre-owned handbags sell every minute as the holidays approach.
The move toward secondhand gifts is getting a powerful boost this year from the COVID-19 pandemic, which has shuttered factories and closed down ports. That’s made new items susceptible to shipping delays and supply shortages. Secondhand goods aren’t subject to those woes. If the collectible sneakers are on the site, they’re in stock.
Buying used items online has been around since Web 1.0. But options for finding the perfect gift have multiplied in recent years. Early internet standby eBay, where designer clothes, electronics and collectibles have been on offer since the 1990s, now competes with peer-to-peer markets like Poshmark and Mercari. Online consignment shops, including the RealReal, ThredUp and Vestiaire Collective, have also sprung up.
Neil Saunders, a retail analyst at Global Data, whose firm helped conduct the Mercari survey, says people buying online for themselves has helped break down the psychological barrier to shopping for used gifts.
«We’ve seen that stigma come down year after year,» Saunders said.
Used goods can mean less environmental damage
Some shoppers are drawn to online thrifting and consignment as a way to reduce their environmental footprint, ThredUp and the RealReal both say. This extends to gift-giving, as 22% of shoppers in the Mercari survey said they’d turn to the secondhand market during the holidays because of sustainability concerns.
Buying used fashion lets gift-givers find something nice that contributes less to climate change than something new would. The fashion industry has a bad reputation for emitting greenhouse gasses, polluting water and contributing to deforestation, which has pushed more socially conscious people to buy fewer new clothes. More than 40% of respondents said sustainability was a «deciding factor» for shopping at the RealReal, according to survey data from the company.
ThredUp has found that sustainability is especially motivating for younger shoppers, says Christina Berger, a company spokesperson. ThredUp and other online resellers could prompt fashion brands to make fewer, higher-quality products, she says.
«There will always be a place for new items, of course,» Berger said. «But overall we need to reuse more and produce less.»
Used goods can be one of a kind
Many gift-givers, like my friend Teresa, are looking for something unique that matches the recipient’s tastes. Recent changes in the way shoppers view fashion trends mean that many people are interested in finding older handbags or accessories from fashion collections that are hard to find. Having the latest isn’t the only — or even highest — priority for fashionistas.
That shift was already underway with items like sneakers, which grow the most in resale value of all apparel categories, and now means the most thoughtful gift you can give a fashionable friend might end up being a Gucci handbag from a few years ago. Consignment sites might have only one or two listed among all their other items, so receiving that exact bag could be a big deal.
«It’s extra special knowing that the gifter curated something for you from millions of items,» said Rati Levesque, president of the RealReal.
Used goods don’t have to seem cheap
Holiday gift-givers aren’t Scrooges because they shop secondhand. Sure, you can find a nice winter coat or brand name athletic wear at around half the listed retail price on many auction, thrifting and consignment sites, but you can also find Versace handbags and Cartier watches that cost more than a thousand dollars.
Many consignment services are aimed at people who see clothes as an investment. Companies like the RealReal and ThredUp say they want to help consumers buy higher-cost items new, and then resell them to recoup some of the cost.
It’s a potential alternative to fast-fashion buys. Instead of constantly buying cheaply made clothes that wear out easily, shoppers who can afford to pay more up front can access togs that cost more but last longer and retain some of their value. Some sellers might get only part of their money back, and others might get even more than they originally paid because some items go up in value as they become harder to find.
Electronics are another item that shoppers can find at a discount on resale sites, including eBay, and they aren’t necessarily less nice as gifts. Most people want to give electronics in a sealed box, says Jordan Sweetnam, senior vice president and general manager of eBay North America. The company’s eBay Refurbished program provides electronics in generic packaging, and sometimes includes new user manuals. Name brands also sell their own refurbished products on eBay, typically with branded packaging and quality guarantees.
That, he says, provides «that fresh out-of-the box feeling that’s so important when gifting refurbished products.»
Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels.
The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.
Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.
The first episode premieres today, with the remaining episodes to be released over time.
Stay tuned for more.
Technologies
Verum Finance: Earn While You Communicate — The Super App That Pays You
Verum Finance: Earn While You Communicate — The Super App That Pays You
Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.
Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.
Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.
What Verum Finance Offers
• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly
One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.
The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.
Maximum Privacy + Real Freedom
• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide
Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.
Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.
Why Download Verum Today
While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.
With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.
This is more than just a messenger.
It is your personal tool for financial and digital freedom.
Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.
Download Links:
→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger
Technologies
Verum Finance: A Super App for Private Finance Integrated Into a Messenger
Verum Finance: A Super App for Private Finance Integrated Into a Messenger
Verum Finance has announced the launch of a new financial application that allows users to manage their money directly within the secure Verum Messenger ecosystem.
The project has already attracted attention from major media outlets. A dedicated feature was published by Forbes Türkiye, while one of the world’s largest cryptocurrency exchanges, MEXC, covered the launch. Yahoo Finance had previously reported on the evolution of Verum Messenger into a comprehensive financial ecosystem.
What Verum Finance Offers
Verum Finance transforms a messenger into a complete financial platform. Users can:
• Manage their balance and top up using bank cards or USDT
• Send money instantly to other Verum users
• Issue and use debit cards, including Apple Pay support
• Exchange assets and withdraw funds
• Access all these services without installing separate banking applications
A strong emphasis is placed on privacy. The platform offers registration without a phone number or email address, end-to-end encryption, and full user control over personal data.
Recognition from Forbes Türkiye
In a dedicated article, Forbes Türkiye highlighted Verum Finance as a notable example of modern privacy-driven fintech. The publication emphasized the growing trend of financial services moving from standalone banking applications into unified messaging ecosystems — a model that has proven successful in Asia through platforms such as WeChat and Alipay and is now expanding globally.
Support from the Crypto Community
Alongside the Forbes Türkiye coverage, news about the launch of Verum Finance was also featured by MEXC, one of the world’s leading cryptocurrency exchanges. This reflects growing interest in the project from both traditional business media and the cryptocurrency community.
A Strategic Vision
“We are building more than a payments application and more than a messenger. Verum is a unified secure ecosystem where communication, finance, and privacy tools work together,” the company stated.
Verum Finance is now available for iPhone and iPad users. The application complements Verum Messenger, which offers anonymous chats, voice and video calls, VPN services, eSIM connectivity, and other tools designed to enhance digital freedom.
Verum Finance: https://finance.verum.im
Verum Messenger: https://verum.im
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