NFT Silent Auction
will launch soon after creation month
Silent auctions are a popular way to raise liquidity in real world assets. The anonymous element is geared to help sellers get the highest market value any participate would be willing to pay - regardless of what others are bidding.
The rules are simple: Make a bid, see where your bid is positioned in the rank table. #1 rank when the auction ends wins the NFT. Bidder do not know the values of other bidders.
You only to make a small deposit before bidding. The deposit will go to the seller in the case you win and dont claim the NFT.
Sellers can determine a secret min price to eliminate risk of under selling their asset.