Inspiration

NFT orders take too long to be sold.

What it does

Help NFTs sell quickly through some incentive mechanisms and innovative gameplay

How we built it

Wrote contracts for English and Dutch auctions plus a front-end website

Challenges we ran into

Thinking about incentive mechanism

Accomplishments that we're proud of

In the English auction, we not only help sellers sell NFTs quickly and raise the NFT price as much as possible, but also feed back the profits to bidders.

What we learned

Often it’s not that the method is bad, but that there is a lack of an incentive mechanism.

What's next for AuctionClub

Expand more functions, such as adding a gaming mechanism so that bidders can compete with each other for profit, and adding a charity mechanism to help public welfare.

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