NFT Collectors โ what mechanic do you want for secondary markets on @withfnd?
- Receive offers/bids75.5%
- List in reserve auction24.5%
327 votesFinal results
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Conversation
You forgot the third option: both
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Simplicity is key
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As a collector, I'm not actually looking to sell anything. I would have to set insanely high reserves for auction. I'd be more likely to accept offers at reasonable prices from other collectors who seem like they'd be good stewards of the work, not just trying to flip for profit.
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yep, I'm with you. Thanks for the insight!
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In an offer based system, it would be important to have an offer expiry date set, like how does. has this problem where an NFT's bid history has no transparency on withdrawn offers
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You prefer an automated expiry system to a manual one? Is the advantage just that it puts some time pressure on the owner to take the deal? You could always renew your offer though. Agree it'd be good to keep a record of offers.
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Buy Now is an option ignored in the poll. it should be interesting to see in a new poll how it compares to Receive Offers, since secondary collectors often do not want to sit their Eth in a smart contract waiting for a response if they really want the NFT
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parking Eth as an offer and having to wait would interfere with liquidity on the secondary market
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Could be an offer system that doesn't actually require posting the funds. Maybe it costs $10 to make an offer and if it's accepted then you have to settle the balance within X time.
But then people would be able to place an offer without having the funds (or spending the funds in the meanwhile), no?
this wouldn't change the problem of having to wait for a response on ur offer. If the typical offer has to be accepted within 24 hours, that's no different time-wise than only allowing reserve auctions. Buy Now is key to successful NFT platforms and attracts serious collectors
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It cost me 34 eth after just jumping on ur exchange in February. U sold em under 1000$. When I get em bk they will be much more expensive... February kraken flash crash/api issues
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Hello,
Please share your ticket number with us and we'll escalate it for you.
Best,
Kraken