Overview

Vertical Monopolization Offers allow builders to bid on exclusive rights to specific project types, industries, or “verticals” within the ABL platform. This feature introduces a competitive element where builders can leverage tokens to gain temporary monopolies, encouraging token circulation and providing incentives for specialization.

4.1 Understanding Vertical Monopolization

4.1.1 Definition and Purpose

• Vertical Monopolization: A system where builders can obtain exclusive rights to undertake projects within a particular vertical for a specified period.

• Purpose:

• Incentivize Token Usage: Encourages builders to spend tokens, stimulating the platform’s economy.

• Promote Specialization: Rewards builders who invest in specific industries or technologies.

• Enhance Competition: Creates a dynamic marketplace with competitive bidding.

• Increase Engagement: Keeps builders actively involved in the platform.

4.1.2 Examples of Verticals

• Industry Verticals: Healthcare, Finance, Education, E-commerce.

• Technology Verticals: Artificial Intelligence, Blockchain, Internet of Things (IoT).

• Service Verticals: UI/UX Design, Backend Development, Data Analysis.

4.2 Bidding System

4.2.1 Auction Mechanics

a. Bidding Process

• Open Auctions: Verticals are available for bidding at scheduled intervals.

• Token Bids: Builders place bids using tokens they’ve earned or purchased.

• Transparent Bidding: Current highest bids and bidders (anonymized if necessary) are displayed.