We're an auction site for NFTs starting at 99% below floor price with no reserve. This is possible because the auction takes a fee from each bid. Those fees can earn sellers more than the floor price, while the winner gets the NFT at a huge discount.
Awesome product; I can only recommend NFT Deals! Its highly innovative and a great web3 usecase - both parties just win! Congrats on this launch on product hunt :))!
Hi Product Hunt community 👋 we're in week 7 of the Consensys Mesh: Tachyon accelerator for web3 startups. We just launched our product, and we're very excited to get it in your hands!
TLDR: for NFT buyers who want to flip Premium NFTs,
only NFT Deals offers auctions that start at 99% off with no reserve,
because sellers can earn more by collecting fees from each bid.
How it works:
• you can only bid the next amount, +0.0005 WETH (~$1) above the current top bid
• whoever holds the “top bid” position for 24 hours wins the NFT
• each bid extends the timer by 24 hours
• the seller takes fees on each bid, depending on how much time is left in the timer (i.e., if you bid early, you get more your bid back if you're outbid)
We listed Moonbird #7672 ($40,000+ NFT) for auction, starting at ~$1 bid. It has a wait-list and will go live once there are 2,500 people signed up to play. Go sign-up for the wait-list.
Would love to get your feedback and answer any questions you have.
p.s. this concept may remind you of penny auction sites from the mid-2000s. In contrast, these NFT auctions are on chain to encourage trust and transparency in the whole process.
@robinkunz appreciate the love. leave your ENS or wallet address as a comment here if you're going to bid. We'll give 3x rewards for the PH community on any bids before NFT NYC 6/24/22
NFT Deals
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NFT Deals