Auctions

How does the auction work?

All Messier Objects NFTs were auctioned simultaneously, each with their own timer counting down from 110 hours. Any bids that occurred within the last 87 minutes of an auction reset the respective timer back to 87 minutes remaining, ensuring no one could auction snipe.
All Messier Objects NFTs were listed with a starting bid of 178.1 million M87 tokens. The maximum bid on a Messier Objects NFT was capped at 20 billion M87 tokens (2% of the total supply)
Currently, users who obtained the NFTs are able to auction them on the platform in exchange for ETH. Messier Objects NFTs are subject to a resale fee of 4% and all fees collected from the resale of any Messier Objects NFTs are sent directly to the Virgo treasury

Last updated 6 months ago

How does the auction work?

All Messier Objects NFTs were auctioned simultaneously, each with their own timer counting down from 110 hours. Any bids that occurred within the last 87 minutes of an auction reset the respective timer back to 87 minutes remaining, ensuring no one could auction snipe.
All Messier Objects NFTs were listed with a starting bid of 178.1 million M87 tokens. The maximum bid on a Messier Objects NFT was capped at 20 billion M87 tokens (2% of the total supply)
Currently, users who obtained the NFTs are able to auction them on the platform in exchange for ETH. Messier Objects NFTs are subject to a resale fee of 4% and all fees collected from the resale of any Messier Objects NFTs are sent directly to the Virgo treasury

Last updated 6 months ago