Low-Code AI
  • πŸ“šintroduction
    • The Current State of the AI Market
      • The need for AI decentralization
    • Low-Code AI: Democratizing Development and Innovation
  • πŸ”§How it Works
    • Low-Code AI Creation
      • No-Code Mode: Simplified AI Creation for Everyone
      • Low-Code Mode: Advanced Customization for Developers and Enterprises
    • Decentralized Model Training
      • Distributed Data Contribution
      • Computational Resource Sharing
      • Blockchain-Based Model Training
    • Decentralized AI Model Marketplace
      • Order Book Matching System
      • Customizable Licensing and Usage Terms
    • Community-Driven Governance
  • β™ŸοΈWhat Makes Low-Code AI Unique
    • What Makes Low-Code AI Unique
  • πŸ’°Tokenomics
    • Tokenomics
      • Token Distribution
      • Utility of $LCAI
  • πŸ”¦Roadmap
    • Roadmap
  • ❓FAQ
    • FAQ
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  1. How it Works
  2. Decentralized AI Model Marketplace

Customizable Licensing and Usage Terms

The order book mechanism allows for flexible licensing and usage agreements between model creators and buyers. Sellers can define the terms of use, such as the duration of the rental period, usage restrictions, and price adjustments, while buyers can negotiate the best deal for their needs. Once the terms are agreed upon, smart contracts automatically execute the transaction, ensuring that both parties adhere to the agreed-upon terms and conditions.

  • Smart Contracts: These self-executing contracts ensure that transactions are carried out as intended. Once the conditions of a sale or rental agreement are met, the smart contract automatically triggers the payment and model transfer process, minimizing risk and guaranteeing compliance.

  • Flexible Licensing: Whether it’s a one-time purchase, a subscription model, or a rental agreement, the order book system can accommodate various licensing structures, providing more options for both buyers and sellers.

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Last updated 1 month ago

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