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🇻🇳 Developing a trial auction platform to help users avoid the risks of losing money and missing out on successful auction opportunities due to lack of experience in auctions on exchanges

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Presenter: Khuat Dinh Thanh

Email: khuatthanh456@gmail.com

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Proposal: https://cardano.ideascale.com/c/idea/104856

Youtube: https://youtu.be/taoivhVSjlk

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SOLUTION

PROBLEM

  • Lack of experience in bidding on exchanges
  • Too dependent on intermediaries
  • Difficulty in retrieving digital asset auction history.

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  • Apply blockchain technology, making the auction process more transparent and decentralized.
  • Smart contract completely eliminate the risks that can affect the outcome of the auction.
  • Easy to query the detail history of NFT
  • Save costs in the auction process.
  • Create an expanded auction environment that allows easy participation for everyone.

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Auction Process for Assets on Cardano

STEP 1

Vote for Assets

STEP 4

Register to participate in the auction and submit a deposit

STEP 2

Initialize information for auction assets

STEP 3

Register to participate in the auction and submit a deposit

STEP 5

Organize the auction session for the assets

STEP 6

Payment of assets to the winning bidder

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PROPOSAL SOLVING CHALLENGES?

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PRODUCT

CREATION

BUSINESS

DISTANCE

The MVP enhance auction transparency.

Fosters innovative, diverse business environment

Create new opportunities business for the community

Facilitating easy participation for everyone in the auction process

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MY TEAM

TIEN ANH NGUYEN

NGUYEN VAN HIEU

KHUAT DINH THANH

Blockchain Advisor

Blockchain Advisor

Project Manager

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MY TEAM

NGUYEN SON

PHUNG TIEN DUNG

NGUYEN TIEN TUNG

Blockchain Developer

Fullstack Developer

Frontend Developer

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THANK YOU

Looking forward to the community's support