Introducing The NFA Auction House 🛖🐵
Loaded with juicy features & benefits for NFA holders! 😛
The ApeSwap Auction House will be officially opening on July 31st at 22:00 UTC! 🎉
Of course the Auction House is going to be jam packed with sweet features for our last batch of Non Fungible Apes, including users being able to auction off their own NFAs once all 1000 are officially released! Check out all the features below as well as an explanation of how the auction house will work. 🤓
Auction House Details 📜
We will be launching the Auction House with the final 46 NFAs that have yet to be sold. Once all remaining NFAs have been auctioned off, we’ll open up the Auction House to all NFA holders. 🚀
Here are some more details on the auction for the remaining 46 Apes:
☝️ Auctions will run one at a time until all 46 apes have been sold.
🙈 Each auction will start with a length of 24 hours. When the auction timer gets under 6 hours, bids start adding 30 minutes back to the auction timer, up to a max of 6 hours. Users can continue to bid and add time up to 6 hours until the auction ends. Once each auction ends, the next one will immediately begin.
🥇 Starting bid for all remaining NFAs will be 1 BNB, with a minimum bid of 0.1 BNB or 1% of current bid, whichever is higher. Additionally, there will be a bidding history viewable.
💰 50% of all auction profits will be distributed to NFA holders through exclusive NFA staking pools, coming next month!
↩️ Users can browse back and see previous auctions and forward to see upcoming auctions.
NFA Holder Auctions
Once the auction house opens to all NFA holders, look for these features!
🔢 Auctions will run one at a time, so better get in there quickly when the slot opens up!
✍️ Auction parameters will be fully customizable, including custom starting bids, auction length, bid time extensions, and more!
💵 A percentage of auction profits will be distributed to NFA holders through exclusive NFA staking pools. We will be host a poll in the NFA Telegram next month to determine the percentages together!
↩️ Users can browse back to see previous auctions and forward to see upcoming auctions.
Excited to be releasing the final set of NFAs, and looking forward to opening up the Auction House to all Apes! Thanks for being the best part of ApeSwap and the NFA community. ❤️