Picking up Speed for the Big Release

[TL;DR] We are making things happen, Auctionity is shaping up and will be operating Live 100% Blockchain-based Public Auctions when September comes. Discover the Delivery Guarantee, Saleroom and Community Rewards.

 

Dear Auctionity enthusiasts, first of all: Thank you for being so patient for the last couple of weeks!

A lot has happened since we started working on Auctionity in 2018 and I wanted to provide some insights into all the incredible things that have happened so far and are happening right now. Since the launch of Payment guarantee on the Auctionity testnet, we have stress-tested it, then we improved a lot before going from beta to public. In a nutshell: we made some great progress and I can now share with you the roadmap and the big releases that will be announced in September.

As Auctionity will be on Ethereum LiveNet and become able to handle crypto-collectibles or NFT products, this launch will mean 3 new important features:

Delivery guarantee

• ERC 721 linked Auctions for delivery guarantee

Auctionity will accept ERC 721 NFTs for delivery guarantee.

• ERC 721 secure deposit system

ERC 721 can be deposited safely and only be used by the depositor to create the relevant auction.

• Trustless final exchange system

The final exchange from ETH to ERC 721 will be secure for the user who can be certain nobody will be able to interfere with it.

Trustless: payment and delivery guarantee in Ether

Auctionity SaleRoom

• Seller dashboard
  Sellers can see the auctions they have created, they can create new auctions and can cash their vouchers in.
• Bidder dashboard

Bidders can see the auctions they are participating in and the one they have already won. They can check their deposit and easily withdraw it at anytime.

• Referral dashboard

People interested in promoting NFT sales can see all the auctions they have referred and how much ETH they have already earned.

• Public auction saleroom

This is the public view for all the auctions. People can see auctioneer live streamings and current bids.

Auctionity Saleroom

Community rewards

• Community reward split between all sponsors

The community reward will be split between sponsors and the auctioneer who brought bidders to the seller.

• Custom community reward %

The seller can chose the reward % he wants to grant (or not) to the community, between 0 and 50%.

• Community reward automatically dispatched when the auction ends

When the auction ends, the reward is automatically distributed between the eligible community members.

• Fair repartition system for bid sponsors

The bid sponsor calculation system aims to be fair and to reward those who brought authentic bids to the seller.

Introducing the Community: how to earn money with Auctionity

 

 

The team is still working on it. See you in September to discover the full version of Auctionity, Dapp based on the Ethereum blockchain to auction NFTs in Ether.

We are making things happen: Auctionity is on the right track.

We still need you to show your support: follow us on our social media, relay our communications to spread the word and stay tuned for more updates!