Ergo Auction House is a decentralized auction house, secure and easy to use. A simple way to sell or buy Ergo’s tokens, artworks, NFTs, etc.
Live @ ergoauctions.org
Source: https://www.ergoforum.org/t/artist-guideline/2929
If you are an artist there are several things that you should take into consideration for using the Ergo Auction House.
It is very important for each artist to have only one specific address that he works with. It means that every artist should have a wallet with only one address in it. This is important for several reasons:
Will be important later for artist verification.
All your artworks will be identified with that address and you can easily present yourself on socials.
By design, you can use any wallet you like but currently, it is strongly advised to use Ergo Wallet Android 26 which is easy to use with the QR codes that auction house V2 provides. The next best option is using Yoroi Nightly 18 with the dapp connector 15 – Please note that this is still in testing and you may experience some minor issues.
Make sure to configure the right wallet (with only one address in it) in the UI before issuing your artwork.
Using only one wallet with the specified condition is specifically important for issuing artworks (and not starting auctions) to make sure you receive the royalties and your artwork is presentable under one address to prevent scams.
Please note that there is no longer needed to use https://ergoutils.org/ 6 to issue artworks. You should do it on the AH website. First issue your artwork, once you see it under “Owned Artworks” then feel free to start your auction.
If you decide to use Yoroi nighty:
Although many problems with Yoroi nighty are resolved, there are still some issues. If you encounter any problem with it, just open your wallet and let the transaction table update with your latest transactions, and then everything should be fine – also wait for pending transactions to be mined. If it is not resolved, send all your funds to yourself and wait for it to be mined.
Source: https://www.ergopad.io/projects/auctionhouse
Auction House, the first open-source NFT marketplace on the Ergo blockchain, featuring innovative solutions for efficient smart contracts, various auction types, on-chain collections and a flexible royalty system
About Auction House
Since October 2020, Auction House has served as Ergo’s first NFT marketplace. About two years of testing and service have been put into it, there have been two big platform updates so far known as V1 and V2, including numerous bug fixes, adjustments and additions. The current Auction House platform (V2) is being used by many Ergonauts, and is still reliable. It has handled more than 10k on-chain operations such as placing bids. Highlighting the V2 is the fact that it’s fully decentralized and built upon smart contracts.
What then is the point of this IDO if there is already a fully decentralized platform of Auction House that is up and running?
Auction House V3
With the upcoming IDO the team behind Auction House will work towards the third Version of Auction house including the following tools and features:
Auction House will launch its own token, the Auction House Token (AHT), at the upcoming IDO. Contributing artists and NFT buyers using AHT will gain access to exclusive features such as having their work featured on the homepage, LaunchPad, and benefiting from a novel and visually appealing user interface for auctions.
Thanks to this facet of tokenomics, AHT will be distributed as bonuses to both buyers and sellers. For instance, if the final price of the auction is 100 ERGs, the AHT refund could be 5 AHT. Additionally in exchange for staking your AHT on ErgoPad, you will share in the success of Auction House. In financial terms, the auction house receives through fees when artworks are sold. The average percentage they will charge is 2%.
30% of the Auction House’s profit will be distributed among stakers periodically… The distribution period and specifics have yet to be determined. The distribution of this 30% will be made in an automatic but centralized manner because there is no working solution on Ergo blockchain as of yet. Later, when ErgoPad releases Paideia, the Auction house will use it to decentralize this process.
In addition to above, AHT token IDO Roadmap, AHT Tokenomics and Distribution, and other info can also be found on the ergpad.io Auction House page