Post
Topic
Board Announcements (Altcoins)
Re: [ANN]✅ [ICO] Open Packaging Network [ANN]✅ [ICO]
by
OpenPackagingNetwork
on 15/11/2018, 16:48:47 UTC
OPN TOKEN USE CASES

Our Solution is based on a new model that has been devised to provide more control to the sellers and buyers who happen to be the major parties to the transaction. Let us understand some of the terms that will be used:
 
a. Primary Market: 
The first market where the orders are posted and finalized.
 
b. Secondary Market:
The market where already taken orders are republished or new orders are displayed after a certain amount of time has elapsed.
 
c. Bid: 
A bid is placed by a seller for all order calls made by a buyer/client.
 
d. Last Bid: 
The ability to place a bid after looking at all the other bids in place.
 
e. Bet: 
A bet is a bid call made by the buyer/client in circumstances where a seller posts any product to be available.
 
f. Last Bet:
The ability to place a bet after all other bets are in place.
 
g. Item-order: 
A request that could be put from either a buyer or a seller
 
h. Item-profile:
A counteroffer to the item-order that could be put on the market by a buyer or a seller in case of secondary market