Ommniverse Whitepaper
  • Introduction about NFT
    • NFT Marketplace
    • Advantages of NFTs
  • Fractional NFT
    • Why does art have fractional ownership?
    • Incentives for fractionalization and benefits
    • Scope
  • Security
    • Buyout (Auction)
    • Governance
    • What Can Be Built With Ommniverse Governance?
  • What is Ommniverse?
  • Ommniverse Curators & Owners
    • Ownership
  • Business Model
  • Ommniverse Ecosystem
  • Technical Details
  • Tokenomics(OMMI)
    • Token Release
  • Token usecase
  • Ommniverse Marketplace
  • NFT Staking
  • Mystic Realm
  • Tokenization of RWA with Ommniverse
  • Miss OMMI – A pioneer contest in the realm of Web3
  • Roadmap
  • Disclaimer for Ommniverse.ai NFT Marketplace
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  1. Security

Buyout (Auction)

When all of the reserved shares have been sold, NFT will launch the auction with a base price increase of 30%. The auction will extend for 15 days, at the end of which the highest bidder will be crowned the winner. Every offer must be at least 10% higher than the previous one. The NFT will be removed following the auction, and buyers can then swap their tokens for ETH.

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Last updated 2 years ago