Auction Model

To purchase customized computing power, computing power demanders can post task requirements in the auction model, and wait for the suppliers to bid. Demanders need to set a specific time for suppliers to submit their bids within a designated time frame. This ensures that suppliers compete at the same time, avoiding information asymmetry.

To incentivize suppliers to provide competitive bids, the computing power pricing system introduces a competitive pricing mechanism. When suppliers submit their bids, the system automatically compares the differences between the bids. This increases market competition and helps maintain computing power prices at a reasonable level.

This way, Nero AI marketplace prioritizes high-quality computing power suppliers during pricing, enhancing the reliability and efficiency of task execution.