📄Auctions
Last updated
Last updated
Participate in private auctions: Get unique NFTs at the best prices!
Join DAOLama's closed auctions and get a chance to own unique digital assets! All NFTs that were not redeemed in time are sent to auction. NFTs go to auction at a price lower than the current NFT float.
Auctions are only open to NFT DAOLama owners with the Auctions attribute.
NFT that users have not bought back from the pledge are auctioned.
Each NFT waits 24 hours before being auctioned - this is the time during which it can still be bought back by the owner, if there is a DAOLama NFT with the Buyback property.
After that, the auction for that NFT is available to be started for owners of NFT DAOLama with the Auctions property - as soon as the first bid is made, the auction will be started.
The starting price of the auction is the Buyback price for which the user should have bought back this NFT + 5% - daolama.co service fund to cover losses on unrealised NFT.
If no bid is made within 24 hours, the NFT is put up for direct sale on marketplaces.
The auction lasts 24 hours from the moment of launch and is extended by 15 minutes if the bid is made in the last 15 minutes.
