Explaining the Structure of OLMarket

OLPORTAL.ai
OLPORTAL
Published in
3 min readApr 5, 2018

The vast ecosystem of OLPORTAL can surprise the application’s followers and users with the great variety of features and unique offers enabling people to accomplish different tasks in one app. The part and parcel of our product, which is conformed to a nowadays shopping demand, is our marketplace OLMarket where users can sell and buy AI based bots (further called OLAI).

In fact, we are planning to implement a decentralized platform for c2c, c2b, and b2b engagements that will ensure us with a comfortable and safe marketplace with the function of conducting transactions without extra fees and third-parties on an anonymous basis. For the purposes of proper realizations of our plans, we have adopted the following marketplace scheme.

Learn Details of Our Future Marketplace

As it was said before, any user can be able to sell and buy OLAI at our OLMarket; besides he or she can buy a specially trained bots-characters that we have educated for our customers. However, let’s return to the general scheme of marketplace operation, describing its main functions and possibilities.

First of all, it would be better to mention the initial OLAI that every user may install for free to continue its education at his or her pleasure. This is a default bot possessing sufficient basic knowledge to learn things faster. A user, who can be called OL N1, uploads it for free, trains it, and, after achieving a certain result, this person can export his or her educated bot to our marketplace and sell it for a certain price to the OL N2. The export is also free; however, if someone wants to download a bot, he or she must pay for import some fee when buying this OLAI. This market model is called c2c (a customer sells something to a customer).

Basically, any user can train an OLAI for sale to big companies. For example, if you are an expert in legal studies, you can train your bot to answer questions concerning law issues. This refers to c2b model. In case if you are an authorized person acting on behalf of a company who wants to sell a bot to another firm, you will obviously take actions under the b2b model of marketing.

Except for the default bot that was uploaded for free, and the one you have trained, OLMarket will also have a range of branded OLAIs representing communication manner of a movie or cartoon character that you can buy to chat with your friends or colleagues. You will be able to obtain these OLAIs for a certain price indicated in our marketplace.

It Should Be Noted

Any transaction connected with OLAI purchasing will be conducted on the blockchain providing the parties of the deal with security and low fee cost. Users can obtain OLAIs for OLPORTAL’s currency OLCF, which they can buy in the OLWallet. Export of trained bots will be always for free but the import of educated OLAIs and also OLAI-characters will cost a certain amount of OLCF, not to mention a small fee. The purchase of an OLAI can be conducted if a buyer possesses necessary amount of OLCF tokens on the account of his or her OLWallet. All the transaction will be conducted on the basis of smart contracts, so every part of an engagement will be secured by it.

Do you want to know more about our future marketplace? Follow and like us on our social media where you can find the latest news about our product.

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OLPORTAL.ai
OLPORTAL

The world's first decentralized marketplace for AI-powered bots. iMe messenger with the Artificial Intelligence dialogue function.