FileMarketMaker

Factorization order book for decentralized storage markets

FileMarketMaker

Created At

ETHIndia 2023

Winner of

Filecoin & IPFS - Unique Projects in Filecoin Ecosystem (up to 15 teams)

Prize Pool

Project Description

In a decentralized storage network, the factorization order book is a concept that addresses several key challenges faced by storage providers. These challenges stem from the nature of decentralized storage systems, where numerous independent storage providers offer their services to users who need to store data. The factorization order book helps in optimizing this marketplace by enhancing efficiency, transparency, and fairness. Here's how it addresses specific problems:

  1. Factorization - Sell future revenue to get funds today
  2. Matching Supply and Demand with the orderbook
  3. Transparency and Trust - programming the Beneficiary with vesting options

Links

How it's Made

Main challenges:

  • super limited time
  • studying the concept of a beneficiary in filecoin
  • thinking through an architecture that is as safe as possible for factoring participants

p.s. Lotus eats the local machine

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