There is a clear need for efficient implementation of different Auction types in Free
TON. Since many use cases require auction mechanics, we need a reference
implementation of many auction types in-line with distributed smart contract
architecture. Here it is proposed the Contest to fill that gap.
Contest participants will compete to create, test and deploy smart contracts
implementing different types of auctions.
What types of auctions?
Since we have already implemented Vickry auctions in DeNS contest we should
concentrate on the following auction types and their variants:
● English auction
● Dutch
Both auction types should be implemented for forward, reversed auction types and
the blind variant (which technically are considered a separate type but we will use the
English and Dutch names for simplicity) should be submitted with at least a
commit-reveal scheme or zero-knowledge proofs.
Winners criteria
Best implementation of most contest types according to provided architectural
guidelines and contest terms.
Proposed prizes1 place — 50 000 TON (≈37 000 USD)
2 place — 35 000 TON (≈26 000 USD)
3 place — 20 000 TON (≈15 000 USD)
4 place — 15 000 TON (≈11 000 USD)
5 place — 10 000 TON (≈7 500 USD)Read more...https://freeton.support
