Data Marketplace Dynamics

RhinoSpider is a peer-to-peer resource-sharing network that rewards users for contributing idle bandwidth and computational power to decentralized applications and AI.

Marketplace Overview

The RhinoSpyider Marketplace lets entities lease bandwidth and computational power. Bandwidth-sharing users can participate via the web client or app, while computational tasks require the app.

Dynamic Pricing

Pricing adjusts based on:

  1. Geographical Demand (kπ‘”π‘’π‘œ): Regions in higher demand earn higher rates.

  2. Reputation (kπ‘Ÿπ‘’π‘): Nodes with high uptime and reliability earn higher fees.

  3. Bandwidth Usage: Fees reflect bandwidth used.

Pricing formula:

Fmarket ​= ([kgeoβ‹…g] + [krepβ‹…r] + [kbandβ‹…b]β‹…[1+kloadβ‹…c])

where g is the geographical factor, r is reputation, b is bandwidth usage, and c reflects network congestion.

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