Swan Network
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  • Getting Started
    • Overview
    • Protocol Stack
      • Cross-chain Consensus Layer
      • Peer-to-peer (P2P) Network
      • Payment Channels
      • Service Discovery
      • Data Marketplace
      • Indexing and Caching Marketplace
      • Web3 Task Auction
      • Storage Layer
      • Computing Layer
      • CDN Layer
      • Economic System
        • Grants
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        • Universal Basic Income (UBI)
        • Swan Provider Income
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  • QuickStarts
    • Dive into QuickStarts
      • Swan Chain: Developing Smart Contracts with Go
  • Swan Storage Market
    • Overview
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      • Reputation System
    • Key functionalities
      • Task Management
        • Create a New Task
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      • My Profile
        • Register as a storage provider
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  • Swan IPFS Storage
    • Overview
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      • Networks
      • Setup MetaMask
    • Developer Quickstart
      • SDK
        • js MCS SDK
          • Prerequisites
          • Get Started
          • Bucket Storage
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          • SDK JS Installation Tutorial Video
        • python MCS SDK
          • Quickstart
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          • SDK Python Installation Tutorial Video
      • Additional Resources
    • Best Practice
      • Use Swan IPFS Storage as Platform Storage Solution
        • Single Organization Design
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    • FAQ
  • Swan Provider
    • Overview
    • Features
    • Tutorial
      • Prerequisites
      • Installation
      • Configure and Run
      • Swan Provider Tutorial Video
    • FAQ
      • 1. Change the linked Email
      • 2. Check Storage Provider connectivity/stability
      • 3. How to stop accepting "auto-bid" deals?
      • 4. `aria2_download_dir` vs. `aria2_candidate_dirs`
      • 5. How to configure "import deals from Swan Provider" when Boostd is running normally
      • 6. A rejection msg always appears during the deal-importing process
      • 7. How to check if aria2 is running?
      • 8. No response from Swan Platform?
      • 9. Why Storage Provider status shows offline?
      • 10. How to check the Task Status?
      • 11. How to configure the Storage Provider Market?
      • 12. How to set the "ask price"?
      • 13.aria2_download_dir VS. aria2_candidate_dirs
      • 14. How to control the number of deals imported?
  • Swan Client
    • Overview
    • Basic Concepts
    • Tutorial
      • Filecoin Deal Sender
        • Installation
        • Configuration
        • Prerequisites
        • Generate CAR Files
        • Meta-CAR
        • Upload CAR Files to IPFS
        • Create a Task
      • Blockchain RPC Service
        • Deploy RPC Service
        • RPC Command Service
      • Swan Client Tutorial Video
    • FAQ
      • How to prepare data?
  • FS3
    • Overview
    • Setup your FS3
      • Prerequisites
      • Install FS3
      • FS3 Set up Video
    • FS3 User Guide
    • FS3 User Guide (Cloud Version)
  • Lagrange DAO
    • Overview
  • Development Resource
    • Swan Token Contract
      • Acquire Testnet USDC and MATIC tokens
    • Swan API
    • Swan IPFS Storage API
    • Swan IPFS Storage 2.0 API
    • Flink API
    • FS3 API
    • API keys
  • Swan Testnet
    • Swan Jupiter Testnet
      • How to Participate
      • Before You Get Started
      • Network Early Adopter
      • Computing Provider Setup
        • Prerequisites
        • Install the Kubernetes
        • Install and config the Nginx
        • Install the Hardware resource-exporter
        • Install the Redis service
        • Build and config the Computing Provider
        • Install AI Inference Dependency(Optional)
        • Start the Computing Provider
        • CLI of Computing Provider
        • FAQ
      • FAQ
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  1. Getting Started
  2. Protocol Stack

Web3 Task Auction

Smart contract based ASK-BID System

PreviousIndexing and Caching MarketplaceNextStorage Layer

Last updated 1 year ago

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A Web3 computing and storage bid market is a decentralized platform where users can post requests for computing power and storage space and hire other users to provide these services. These platforms are built on blockchain technology and use smart contracts to create a transparent and secure marketplace where users can buy and sell computing and storage resources.

In a Web3 computing and storage bid market, users can post requests for computing power or storage space and specify the requirements, budget, and deadline. Other users can then bid on the request, offering their computing or storage resources and proposing a price for providing these services. The user who posted the request can then review the bids and select the one that best meets their needs.

The use of blockchain technology in a Web3 computing and storage bid market provides several benefits, such as:

  1. Decentralization: The platform is decentralized, meaning that there is no central authority or intermediary controlling the transactions. This eliminates the need for intermediaries and reduces the risk of fraud.

  2. Transparency: Transactions on the platform are transparent and recorded on a distributed ledger, making it difficult to tamper with or manipulate the data.

  3. Security: Smart contracts are used to automate the bidding and payment process, ensuring that both parties are protected from fraud or default.

  4. Lower transaction fees: Since there are no intermediaries involved, the transaction fees on a Web3 computing and storage bid market are typically lower than those of traditional marketplaces.

Swan bidding market is built on the Filecoin blockchain. Swan provides a platform where users can rent computing power to complete tasks, such as rendering 3D graphics or machine learning algorithms. Users can also rent storage space to store their data. Swan uses a decentralized network of nodes to provide these services, and users can earn cryptocurrency by renting out their computing or storage resources. Swan also provides a matchmaking system that connects users with the computing and storage resources they need.

FiLSwan Auto-Bidding Storage Market