PolyCruz NFT Marketplace
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PolyCruz NFT market definitions:
EDITION DROPS
The team has devised a simple module in which NFT bidding will remain available for a specific time period.. The agreement is sealed by the highest bidder after the bidding deadline passes. The bid can be put at the beginning or end of the term, but it must be placed in between that duration.
NFT PROMOTIONS
Because marketing an NFT effectively is important in the business model, PolyCruz has devised a unique technique wherein the auction administrator may create promotions by selecting the NFT and having a countdown auction, in collaboration with the creator/artist.
NEWEST NFTS
This will be one of the most distinguishing characteristics and is something that many markets lack. A big number of new users will be attracted to Ploycruz as a result of this. The most recent NFTs created in the preceding 48 hours will be shown on the front page, enticing investors to make their best offer for the newest creations.
TEASER VIDEO / AUDIO
The platform will allow the artist/creator of the NFT to submit a teaser video/audio on listing of the item to grab the attention of all visitors and investors and make their item stand out in a crowded marketplace.
RESERVE BIDS
Pretty much self-explanatory, the reserve bidding feature will enable the creator to decide the minimum bid value for each NFT. Offers below the reserve bid will not be executed even if such an offer is the highest at that time.
LAZY MINTING
This feature is a bit of a game-changer. Everyone from beginners to veterans will be able to use the lazy minting feature wherein the NFT would only be minted on sale. This will help the artist to avoid unnecessary gas fees on unsold but listed NFTs.
LOOTBOX
PolyCruz's NFT Loot box will be a more exciting and engaging way to distribute NFTs which may be redeemed to acquire and diverse selection of virtual products, or loot, ranging from premium NFTs, gaming assets and special gaming features.
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