Universe

We are developing a trustless decentralized auction house for NFTs. You can use existing NFTs or mint new collections and create a multi-tier auction with multiple winners. For example, there can be ten winners of an auction starting from the highest bidder, and each winner can even receive multiple NFTs as the prize. The auction can specify the ERC-20 currency used to bid with, and can optionally set a reserve price for a specific tier. At its simplest, you can set up a single tier, reserve price English auction that is well known. There will be ZERO FEES for initial auctions, with all revenue going to the creator - we are here to empower artists at our core. However, the xyzDAO will take a 2% fee on every resale on the Universe platform to support continued innovation.