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by Unity Nodes
Ecosystem

[Announcement] NearNames - yet another auction marketplace for the NEAR accounts

1 posts187 views2 likesLast activity Jan 2022

  1. galactic3OP 2

    Galactic3 startup has released auction marketplace dApp for accounts on NEAR protocol.

    The app lets users sell their own and purchase other users’ accounts securely, it’s live at https://nearnames.io for mainnet, testnet version is also available.

    The similar idea was previously implemented in near.bet. This remake has notable improvements:

    • Significantly reduced required balance to sell the account, only 0.6NEAR
      is required for storage.
    • Seller can specify minimum sale price and duration of the auction.
    • Seller can provide buy now price, much like on e-bay auction.
    • Sellers can withdraw lot from auction anytime they want, provided no bids were
      made yet.
    • Bidders get a participation reward if their bid was outbid, to cover gas fees.

    Please read about the auction flow in
    wiki first and check out the
    sources in the same project.