Ox21 NFT Bidding
Two entrances for the bidding, one from the app, click on the top banner on each page. Second, from a separate website
For the bidding site, we will let the bidder register first with their BTC wallet address.
Email for receiving bid updates and result.
Email must be verified, by double input to avoid typo, the system sends a test email to the email address and ask the bidder to click the link or input the passcode which received in the test email.
After the registration, the bidder will select language, the dropdown list includes,
Then select Global or Location Based Business.
We will start with Location Based Business first, the bidder will select
Province/State, dropdown or input
Input city name,
For province or city name, we consider different language, different spelling as different NFTs, because they face different audience.
Then select channels,
For Location Based Business, we have the list as below,
Location based business
Pick a country, province/state, city then bid on services
Health and personal care stores
• Spa and beauty-related services
• Doctor, specialist
• Prescription eyeglass centers
Pet supplies and related services
Arts, Entertainment and Recreation
• Bars & Night clubs
• Sports facilities
• Local events, Oktoberfest
Auto sales and services/Transportation
• Gas station
• Roadside assistance
• Car repair and maintenance services
• Home furnishings and home décor
• Specialty apparel retailers
• High-end retailers
• Department/retail stores
Food and grocery
General Contractors/Skilled Tradesman
• Handy man
Real Estate, Rental, & Leasing
• Rental company
Location based gaming, treasure hunting
Used and exchange stores
Independent media channels will be added gradually for up to 1 million channels.
Then select page number, from page 10 to page 1, the minimum bid amount as the table below,
Our system will verify the BTC wallet address, to make sure the bidder has the amount of BTC in his wallet if he wins the bid.
We provide Buy Now button at city level, to let individual investor to lock his position right away.
For the winner bidder, he will receive one confirmation email from our system to make payment in 48 hours. If the first winner missed, the second high winner will get his email, and so on.
For global business, after the select of language, then go to the selection of channels,
The channels for Global business as follows,
Video sharing/viewing platforms
Social media platforms
Health and wellness
Cell phone service providers
Cable internet providers
Online shopping platforms
Household and personal care products
Supply Chain Management
After the selection of channel, the bidder goes to select page number, and then wait for email confirmation as we mentioned in Location Based Business section.
Bid for global business, the minimum amount is 10 times higher than Location Based Business.
Bidding starts at 1% and last for 24 hours from the time of the first bid coming in.
Royalties for the first owner,
Implement in NFT smart contract
First owner will receive 10% of Royalties for each transaction of ownership.
Sample, A is the first owner of the NFT, when B purchases from A, A receive 100% payment from B
And in one year, when B sells the NFT to C at the price of 100 BTC, 90% of the payment goes to B and 10% of the payment goes to A at Royalties.