not approved

Reverse Bidding Platform

$28,600.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

Meeting large-scale buyers' targets by offering fractional bids.

Problem:

Smaller-scale farmers often lack the capacity to sell their products to large-scale buyers.

Yes Votes:
₳ 18,729,171
No Votes:
₳ 20,154,990
Votes Cast:
163

Detailed Plan

A platform that allows farmers to place bids within large-scale buyers' targets to meet portions of buyers' requirements until the needs have been met.

Backend features

1. Framework for backend and accounts and authentication (2 weeks)

2. Creation, storage, of off-chain information about requirements for bids and supporting information. (2 weeks)

3. Cardano-wallet server backend service that creates wallets for individuals who do not have wallets (expecting that farmers will not have wallets) (2-3 weeks)

4. A service that connects shopify to a wallet for either a reverse bidder/producer or creator of bid. (2 week)

5. A Plutus Application Backend (PAB) service that enables hosting a contract with endpoints for creation of on-chain script addresses and validation for the Call for Bids (CFB), which take a time frame, cost parameters, and other specifics. (1 week)

6. Creation of contract endpoints to allow the CFB to be closed accept the lowest bids that match the needs at the end of the bidding timeframe or cost window. (1 week)

KPIs:

Number of CFB created

Number of bids for CFBs

Success:

At least one filled CFB with one or more producer(s) within 3 months

6 filled CFBs within 6 months

Budget

11 weeks backend development at $65/hr = $28,600

Community Reviews (1)

Comments

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Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    d. 3 se. 24
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    d. 4 se. 3
    Darlington Kofa
  • EP3: key_deposit

    Authored by: Darlington Kofa

    d. 3 se. 48
    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

    d. 2 se. 16
    Darlington Kofa
  • EP5: max_block_size

    Authored by: Darlington Kofa

    d. 3 se. 14
    Darlington Kofa
  • EP6: pool_deposit

    Authored by: Darlington Kofa

    d. 3 se. 19
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    d. 4 se. 59
    Darlington Kofa
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