NFT Dutch Auction

DEMO

Welcome to NFT Dutch Auction. This project helps users create and sell their NFTs in our very own market place. NFTs are sold in a Dutch Auction manner, so that creators can get maximum profits.

How it works?

• Users join as members through their metamask wallet
• Users can create new NFTs by uploading images
• They can sell their NFTs by auctioning
• The Auction begins by other members bidding on items provided for sale
• The highest bid amount is used as starting price when NFT moves to purchase state
• In purchase state, NFT's price keeps depeciating in regular intervals at a contstant rate
• The member who clicks on BUY, gets the NFT on that price.

How do I get set up?

• npm install
• npm run dev
• Make sure to have Metamask extension installed in your browser, and have an account in Goerli Ethereum testnet

Contract

• 0xf721be304E7B5902bF94Ae2b0B973908C5893f22 - goerli testnet address
• 0xE7daae9c900c3DC347b37A0Bb703984C88433561 - polygon testnet address

Checkout the contract

• auction.sol file