Transaction

jM.THE MORNIN RUN’ Classifieds We implement a model akin to a classifieds section of a newspaper with real-time bidding for slots. Slots can be “Taken” immediately if the new Take price is at least 1% above the previous Take price. The previous holder of the slot is paid a portion (70%) of the Take price, where the platform takes 30% as a service fee. For example: Company A Takes Slot 1 at $1. Company B Takes Slot 1 for $3. Company A earns $2.10 (70% of $3) for having their Slot Taken over by Company B. The platform earns $0.90 as the service fee. Using real-time payments via the Bitcoin SV blockchain, we can split payments real-time for extremely low transaction fees. The classifieds displayed are the last X (4) number of posts in the last Y (3) number of days, ordered by highest Take price, and most recent time posted. This model incentivizes a leaving, breathing classifieds section where anything can be advertised to the consumers, with completely transparent pricing. Classifieds can be job posts, new product launches or sales, chat groups, and anything users would like to promote. Classifieds posts can be curated with a category choice, for example Game, Law, Finance, Product Launch, Art, Pets and more. The incentives change the dynamics of the current ad model by rewarding previous Takers real-time via instant payments in Bitcoin (SV). This creates a constantly iterating market feedback loop where the true price of a Classifieds Slot will be discovered purely through market forces.