Auction & Bid

Auction

Nicho NFT Marketplace provides auction and bid functions. The creator will set a starting price and a deadline. And then users who are interested in the NFT can place bids until the deadline. The highest bidder will receive the NFT.

Bid

In some scenarios, creators will set an auction without a starting price or deadline. Nicho has allowed collectors to bid for the NFTs until the creators are satisfied with an offer. This system is beneficial for creatives who have yet to reach a high popularity level.