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Detailed spec: auction & profit distribution #40

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@agryaznov agryaznov commented Nov 16, 2018

  1. Described auction mechanics in detail

  2. Only 1 ticket per bidding ETH address

    if we don't apply this rule, person who made several bids wishing only one ticket will get several tickets reserved to him, dropping out other people with lower bids

  3. Added Profit Distribution formalized rules

  4. For the sake of simplicity, we do not count costs explicitly in the contract. Costs are Organizer's risk, and are accounted in her revenue share rate.

  5. We need to specify checkin process mechanics in detail. @xhipster @DearNadia please go ahead and write your vision of it here

  6. We need to describe process of speaker approval in detail. What are the criterias? How we garantee that speaker's deposit do not affect the decision (taking into account the fact that ecomonically it actually should affect). @xhipster @DearNadia again, please go ahead and write your vision of it here

@agryaznov agryaznov mentioned this pull request Nov 16, 2018
@agryaznov agryaznov changed the title Detalized spec: auction & profit distribution Detailed spec: auction & profit distribution Nov 17, 2018
@agryaznov agryaznov requested a review from mastercyb November 17, 2018 18:03
@mastercyb mastercyb requested a review from DearNadia November 18, 2018 10:55
@mastercyb
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@DearNadia Please, review this pl too

@agryaznov
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@xhipster there's some formatting issues with the formula, making it looks like having no sense... pls fix it

@agryaznov
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@xhipster @DearNadia any ideas regarding checkin mechanics?

@mastercyb
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I suggested a process in our chat. Let's discuss first

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mastercyb commented Nov 18, 2018

@xhipster there's some formatting issues with the formula, making it looks like having no sense... pls fix it

fixed

@agryaznov
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agryaznov commented Nov 19, 2018

fixed

@xhipster I'm not sure <speaker's profit> formula is correct there ... there should be some division on number of checked-in speakers, no? I mean formula should give us profit for particular speaker, not for all of them, right?

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agryaznov commented Nov 19, 2018

  • added checkin rules&mechanics

  • 1 checkin closes 1 hour before <timestamp of profit distribution>

    • checked-in speakers and attendees are written to contract with corresponding transactions
    • no etry allowed from this moment
  • added auction losing bids return rules

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