⚖️ Creating Auction

To create an auction for your NFT, follow these instructions:

1. Go to the "Create Auction" tab on the platform.

2. Fill in the required details as follows:

   a. NFT Contract Address: Enter the address of the NFT Contract associated with the auction. For example: 0xAbCdEf1234567890

   b. NFT IDs (comma-separated): Enter the IDs of the NFTs you want to put up for auction, separated by commas. For example: 1, 2, 3

   c. Starting Price (in Native Token): Set the starting price for the auction in your native token (e.g., SGB/FLR). For example: 1.5

   d. Reserve Price (in Native Token): Set the reserve price, which is the lowest price at which the item can be sold. Also, use your native token as the currency. For example: 2.0

   e. Buy Now Price (in Native Token) [Optional]: If you want to offer a "Buy Now" option for the item, enter the price at which users can choose to buy the item outright. Again, use your native token. For example: 3.0

   f. Bid Increment (in Native Token): Set the minimum increment between bids. This is the amount by which each new bid must exceed the previous bid. For example: 0.1

   g. Auction Duration (in days): Choose the length of the auction in days. This determines how long the auction will be open for bids. For example: 7

3. Before creating the auction, ensure that you have sufficient balance in your account to cover potential bids and transactions. Additionally, make sure you have approved the NFT contract to enable the platform to interact with your NFTs during the auction process.

4. Once you have filled in all the required details and verified your balance and contract approval, click on the "Create Auction" button to initiate the auction.

5. Your NFT auction is now live, and interested users can place bids or choose to buy the item at the "Buy Now" price if you've set one. The auction will automatically conclude after the specified duration has passed.

Remember to monitor your auction regularly and be available to answer any inquiries or handle potential issues that may arise during the auction period.