Phore Marketplace Development Proposal - June 2019

Phore Marketplace Development Budget Proposal (50,000 PHR - recurring for 12 payments)

The final phase of testing for the next Phore Marketplace is coming to a close, we believe the remaining testing issues have been resolved and are working on final verification and adding the documentation to go with the new features as we prepare to roll out the next Phore Marketplace release.

This includes going live with our new and more scalable and reliable public blockchain API which is used by the Phore Marketplace. It supports both RPC and websockets based connections, and has auto-scaling features to add more blockchain nodes as workloads increase and to reduce single points of failure.

New features of the Marketplace application, including:

  • Improved search results (the improved search engine is already live)
  • Store / listing pruning after a store has been offline for more than 1 week
  • Fully decentralized, peer to peer crypto trading (beginning with PHR-BTC pairing, with more to come)
  • Verified moderators to reduce the likelihood of fraud between moderators and buyers or sellers
  • Many user interface improvements

We have also begun work on the next release that will include supporting buying and selling with other cryptocurrencies, beginning with our announced partnership with Reddcoin.

These funds will be used for the continued efforts to enhance Phore Marketplace applications, which includes requirements analysis, design, development, testing, project management, marketing, and legal expenses. This proposal has been submitted for 12 payments, which as of now would likely last until we migrate the blockchain over to the Synapse architecture–once the Synapse architecture goes live, and payment and the budget proposal would be replaced on the new blockchain when it goes live. Along with the Synapse architecture, we feel that bringing the full vision of the Phore Marketplace to full production status is critical to the future utility and traction of Phore users by providing real solutions to problems that provide a better solution than using centralized platforms.

If you would like to contribute to Phore Marketplace design, development, or testing, please reach out to the Phore Blockchain team–we’d love to get you involved. You can contact Mike or Thomas on Discord or Telegram with any questions, feedback, and contributions you’d like to make.