Undercutters was originally conceived by Steve Milligan and Michael Grenier in 2002, in response to the bookstore's tendency to give inadequate rates during the Book Buyback season. The Maine Campus
published an article on the project at the time, which can be read here
6 years later, Steve met Jasper, who also had a similar idea, but was told "The idea has been tried by someone else, and it failed". Steve's original attempt quickly earned startling success, before he had to leave college, and thus, the project. Jasper and Steve decided to team up and take another, more serious, shot at the idea, pooling all their ideas and brainstorming to produce the system that exists today.
The goal of Undercutters, for the University of Maine, is to provide a complete functional tool that students can opportune to quickly, and easily, trade or sell books. We aim to make every book posting count, refunding more money than the bookstore offers, and to have every potential buyer walk away frolicking, having spent less on his or her book than could have otherwise been wrought from the cold, damp hands of the Bookstore.
We, of course, aren't done. Plans for the future abound, some being trickier than others. We'll keep our finger to the wind, as the smell of the future is sweet.