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[TASK] Auction process between Service User and Operator #267

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monaiuu opened this issue Apr 24, 2024 · 0 comments
Open

[TASK] Auction process between Service User and Operator #267

monaiuu opened this issue Apr 24, 2024 · 0 comments
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@monaiuu
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monaiuu commented Apr 24, 2024

Description

Create a page which a enables approval process within the Tangle Marketplace, ensuring a smooth interaction between a Service Consumer (user) and an Operator (service provider) during the bidding and deployment phases.

Components

  • Reverse Auction Integration: When a user submits a service request, it initiates a reverse auction where multiple operators can place bids to fulfill the request. The operators compete to offer the most competitive price.
  • User Selection of Operators: Enable users to selecting preferred operators from a list, filtering based on criteria such as operator reputation, geographical location, resource availability, liquidity, and historical success rates.
  • Handling Unmatched Bids: If the reverse auction ends without a successful match (due to budget constraints or other factors), the user’s request is placed in an order book. Operators can view and bid on these requests later, as market conditions change or as they adjust their pricing.

Reference:

tangle-network/tangle#737

@monaiuu monaiuu converted this from a draft issue Apr 24, 2024
@monaiuu monaiuu self-assigned this Apr 24, 2024
@monaiuu monaiuu changed the title [TASK] Approval process between a Service Consumer and an Operator [TASK] Approval process between a Service Consumer and an Operator (V2) Apr 25, 2024
@monaiuu monaiuu moved this from Not Started 🕧 to Building 🏗️ in Webb Universe Aug 12, 2024
@monaiuu monaiuu changed the title [TASK] Approval process between a Service Consumer and an Operator (V2) [TASK] Auction process between a Service Consumer and an Operator Aug 12, 2024
@monaiuu monaiuu changed the title [TASK] Auction process between a Service Consumer and an Operator [TASK] Auction process between a Service Consumer and Operator Aug 12, 2024
@monaiuu monaiuu changed the title [TASK] Auction process between a Service Consumer and Operator [TASK] Auction process between a Service User and Operator Aug 12, 2024
@monaiuu monaiuu changed the title [TASK] Auction process between a Service User and Operator [TASK] Auction process between Service User and Operator Aug 12, 2024
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