Buying and Selling NFTs

1.How the auction works (Limited Edition)

U:NIUM conducts limited content auctions and supports the auction method in which the user who bids the highest bid during the auction period wins the bid. For a healthy auction, you can participate in the auction only by offering a bid of 10% or more of the previous bid. If a higher bid than you is offered during the auction, the previous offer excluding the gas fee will be automatically returned. You cannot modify or cancel the bid amount after bidding. If a bid occurs 15 minutes before the closing time of the auction, the auction time will be added 15 minutes from the closing time. The 'gas fee' to be paid is a fee paid in Ethereum, not a fee of U:NIUM.

2. Simple plate method (Premium, Common)

U:NIUM proceeds with simple sales of Premium and Common contents, and the creator directly selects the sales quantity and price. Users can purchase on a first-come, first-served basis until the sales quantity is exhausted, and when the sales quantity is exhausted, the sale price immediately ends. All processes participating in the purchase are recorded and a fee (gas fee) is incurred in the process.

Resale method

  1. Limited content resale - Users who have successfully bid on the creator’s content can resell them on the marketplace and set the auction starting price they want.

  2. Resale of Premium, Common content - Users who have successfully purchased the creator’s content can resell the content on the marketplace and set the price they want to sell. The buyer can purchase after selecting the desired price or unique number. The process is recorded and a fee (gas fee) is incurred in this process.

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