February is the shortest month of the year, but this month has been a very productive one at Auctionity. Let’s dig into what we released this month.
In addition to debates and talks, NFT.NYC also featured workshops and industry briefings from the leading names and brands of blockchain. We were proud to be both speaker and sponsor for the event.
Karin, Head of the International Department, and Svetlana, Market Manager, attended several discussions, including the “NFT Discovery” panel.
Watch Karin’s interview at NFT.NYC
Yesterday our Auctionity team attended the #NFTNYC conference, exploring the Non-Fungible Blockchain Ecosystem.
We are really thankful to the @NFT_NYC team for this great and well-organized event. 👏
Bright lights, brillant day for @Auctionity! #NFT #NonFungibleToken pic.twitter.com/D1CQkb2BMX
— Auctionity (@auctionity) 21 février 2019
— NFT.NYC (@NFT_NYC) 20 février 2019
We are very excited to have released a new video as our manifesto for how we imagine the future of auctions. Blockchain technology has a lot to offer when it comes to English (ascending) auctions and Auctionity intends to be the leader in this field. This video aims at giving a visual representation of the possibilities and upcoming innovations we will see in the near future. Not so far from now, we could perfectly see some multi-auctioneer, multi-lingual sales and the advent of a new generation of sales where buyers could bid directly and seamlessly on their smartphones, in FIAT or cryptocurrency, whether they are physically present in the saleroom or on the other side of the globe. That’s how we foresee the future of blockchain auctions. Watch the video and see for yourself:
📺 Auctionity’s vision: our manifesto for how we imagine the future of auctions
Product makers all know this famous quote from Reid Hoffman, Linkedin Founder:
If you are not embarrassed by the first version of your product, you’ve launched too late. — by Reid Hoffman
Well, the previous version of Auctionity (launched in October 2018) was not a bad one, but the Saleroom needed to be revamped for UI and UX purposes. Meanwhile, it was an opportunity for us to implement a bunch of cool new features we had scheduled in our technical roadmap. So, following the new & improved Saleroom launched last month, we continued our efforts and implemented these features last week:
* Is there an auctioneer that you think is good at animating sales and knows how to entertain? Well, now you can follow your favorite auctioneers and know when they are going live next. Just hit the ‘follow’ button when viewing a livestream or when you scroll down the home page.
* The Saleroom looked great as it was but it needed a little more room for interactions. That is now possible thanks to the addition of a live chat for every sale. Just sign in and post:
Auctionity’s home page now looks as good as ever. We have tweaked some visuals, fixed some issues and made everything more user-friendly. The result is an improved interface that is visually pleasing and really puts auctioneers in the spotlight. It is now easier to browse through upcoming and ongoing sales and find the perfect NFT you want to buy!
This month was also an opportunity to turn to our users and give them the opportunity to make Auctionity their own. As a platform dedicated to selling NFTs at auction, we want you to have a say in which NFTs categories are available on the site. You can now submit a new NFT category to be added to Auctionity. Whether you are a DApp developer and want your NFT to be listed on Auctionity or whether you just would like to see an existing type of NFT added as a category, just fill in this form and we will get back to you promptly if your NFT category fits our criteria. We want Auctionity to be a good representation of what our users like and want, so now is your chance to tell us what new categories you want to see on Auctionity.
To learn more you can read the article ‘submit a new NFT category on Auctionity’
In the world of NFTs, we can see usages getting more and more specific. A particular field could very well have the ability to raise NFTs to wider adoption: Art. Indeed, a lot of new projects are coming to life and widening the field of application of blockchain and NFTs to the art industry. That is why we have issued an article meant as a state of play and a transcription of our vision on that particular subject.
The Creative Challenge in collaboration with KnownOrigin.io is but one example of the connections that can be made between Art and Blockchain. At Auctionity, we think that blockchain technology has a lot to bring to the auction world and, by extension, to the art world. Auctionity is currently the only platform to offer English (ascending) auctions and it is easy to see how that could be extended to the art world. English auctions ruled by a smart contract make it impossible for a bid to be withdrawn once it is placed and thus eliminates any kind of cheating or disagreement. In a recent article, we decided to further explain the relationship between art, English auctions and blockchain.
You can read the article Blockchain Technology is Shaping the Art world with Non-Fungible Tokens.
This month, we also initiated a Creative Challenge in collaboration with our partner KnownOrigin.io. The objective of the challenge is to encourage artists to submit their original artwork(s) for a chance to win from a 5 ETH prize fund. Some submissions will be sold on the Auctionity platform, making the artists the first in the world to have their work sold at truly decentralized English auctions. The winners will be chosen by a jury of judges to guarantee fairness.
To learn more about the Creative Challenge or submit one of your creations, we invite your to read this article.
The project is steadily gaining traction thanks to our hard work and successful partnerships. A good indicator of that is the number of people who have been talking about Auctionity, this month. Here’s a selection of Auctionity’s mentions for the month:
Over the coming months, we will have our heads down working on Auctionity’s technical and strategic roadmap. In the coming weeks, our team will share with you our plans for 2019 and beyond and our overall vision.
From all of us at Auctionity, thank you for your support. We’re not just building a product — we’re building a movement to revolutionize auctions.
We hope you enjoyed reading this article. If you found it useful, sign up to the Auctionity Newsletter to receive a roundup of our latest stories and feel free to share this article.