Skip to content

Latest commit

 

History

History
30 lines (20 loc) · 1.18 KB

README.md

File metadata and controls

30 lines (20 loc) · 1.18 KB

NFT Dutch Auction

DEMO

Welcome to NFT Dutch Auction. This project helps users create and sell their NFTs in our very own market place. NFTs are sold in a Dutch Auction manner, so that creators can get maximum profits.

How it works?

  • Users join as members through their metamask wallet
  • Users can create new NFTs by uploading images
  • They can sell their NFTs by auctioning
  • The Auction begins by other members bidding on items provided for sale
  • The highest bid amount is used as starting price when NFT moves to purchase state
  • In purchase state, NFT's price keeps depeciating in regular intervals at a contstant rate
  • The member who clicks on BUY, gets the NFT on that price.

How do I get set up?

  • npm install
  • npm run dev
  • Make sure to have Metamask extension installed in your browser, and have an account in Goerli Ethereum testnet

Contract

Checkout the contract

  • auction.sol file