FileMarketMaker
Factorization order book for decentralized storage markets
Created on 10th December 2023
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FileMarketMaker
Factorization order book for decentralized storage markets
The problem FileMarketMaker solves
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:
- Factorization - Sell future revenue to get funds today
- Matching Supply and Demand with the orderbook
- Transparency and Trust - programming the Beneficiary with vesting options
Challenges we ran into
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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