NFT auction platforms
Not all NFT auctions platforms are the same, with key design decisions having major consequences not just for how their auctions are run, but also the kinds of bidder audiences they draw and the ultimate outcomes of their auctions. Every blockchain has its own token standards and compatible wallets, and auction platforms have to decide […]
Principal Trading
Principal traders buy and sell assets out of their own accounts, thereby serving as a consistent source of liquidity and facilitating orderly trading. By carrying inventory at their own expense, they’re shouldering risk. But like any participant in a marketplace, they do so looking to make a profit, by smart timing of purchases and sales, […]
Marketplace Fundamentals
In their most basic form, marketplaces are simply places — physical or virtual — where parties can transact in items or services. Bazaars and auction houses, retail stores and stock exchanges, even job fairs and speed-dating events are all examples of marketplaces. What they all share is that they involve at least one seller, e.g., […]