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 (k𝑔𝑒𝑜): Regions in higher demand earn higher rates.

2. Reputation (k𝑟𝑒𝑝): Nodes with high uptime and reliability earn higher fees.

3. Bandwidth Usage: Fees reflect bandwidth used.

Pricing formula:

Fmarket ​= ([kgeo⋅g] + [krep⋅r] + [kband⋅b]⋅[1+kload⋅c])

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