Reverse Bidding Platform

A platform that allows farmers to place bids within large-scale buyers' targets to meet portions of buyers' requirements until the needs have been met.

Backend features

1. Framework for backend and accounts and authentication (2 weeks)

2. Creation, storage, of off-chain information about requirements for bids and supporting information. (2 weeks)

3. Cardano-wallet server backend service that creates wallets for individuals who do not have wallets (expecting that farmers will not have wallets) (2-3 weeks)

4. A service that connects shopify to a wallet for either a reverse bidder/producer or creator of bid. (2 week)

5. A Plutus Application Backend (PAB) service that enables hosting a contract with endpoints for creation of on-chain script addresses and validation for the Call for Bids (CFB), which take a time frame, cost parameters, and other specifics. (1 week)

6. Creation of contract endpoints to allow the CFB to be closed accept the lowest bids that match the needs at the end of the bidding timeframe or cost window. (1 week)

KPIs:

Number of CFB created

Number of bids for CFBs

Success:

At least one filled CFB with one or more producer(s) within 3 months

6 filled CFBs within 6 months

Budget

11 weeks backend development at $65/hr = $28,600