not approved
Unlocking Value: Cardano-Based Smart Contracts for Tangible Asset Auctions
Current Project Status
Unfunded
Amount
Received
Received
₳0
Amount
Requested
Requested
₳111,500
Percentage
Received
Received
0.00%
Solution
- By integrating smart contracts and eliminating auctioneers, the auction platform can enhance trust and transparency
- Motivate user migration to Web3 by offering incentives that accelerate adoption.
Problem
Most Auction Houses in the world currently rely on Web 2.0 technology for their online auction platforms. This dependence on human intervention in managing the system can lead to vulnerabilities.
Impact Alignment
Impact Alignment
Feasibility
Value for Money