Context

RegionX Hub is the primary application for interacting with Polkadot’s Agile Coretime model. There is no other project in the ecosystem that fulfills this role, and we are proud to play this key role. At its core, Coretime is the product that Polkadot—and, in the future, JAM—offers. It is very important to have a project that gives users simple, intuitive access to all Coretime-related functionality. We represent the ecosystem in this area, which is why we take development at RegionX very seriously.

We are the only team to have successfully implemented a trustless secondary Coretime marketplace, live on Kusama. The concept of a secondary market was introduced in the Agile Coretime RFCs, and since then RegionX has led the effort and was the first to implement it. 

Especially with the new direction the ecosystem is taking, with intentions to increase the price of Coretime, secondary marketplaces will play a key role. It allows projects to split Coretime regions purchased on the bulk marketplace and resell the computational capacity they don’t need on the secondary market. This will allow newer and smaller projects to be able to get their project live on Polkadot. 

We believe that the key to success for Polkadot is to bring as many innovative and useful projects to the ecosystem, and providing the possibility for new projects to deploy is, in our opinion, very important

Therefore we are also proud that we will provide integration interfaces so teams like PDP can easily plug into our secondary marketplace.

Overall, we believe we are working on a very important area in the ecosystem, and with this proposal we want to deploy the RegionX marketplace on Polkadot and implement the requested features and improvements, along with others we have added to the RegionX Hub roadmap. With RegionX we want to represent the ecosystem in the best possible light when it comes to Coretime.

Proposal: https://docs.google.com/document/d/15fIi7eNhL7qU7_OxgKX9zxIDIBnO6pXVBOPeIAmCy80/edit?usp=sharing