ACL-Auction LightDetailed Description

ACL-Auction Light Detailed Description

Auction Light is an auction-based NFT market that aims to improve the efficiency of the NFT market by using auction mechanisms and airless transactions. As the NFT market moves to small NFTs, gas fees account for an increasingly high proportion of transaction costs. Our platform addresses emerging pain points for active NFT traders, where users can trade on NFTs with just signing a message, resulting in higher strike prices and less gas fees.