Habibiz Auctions & Marketplace
The Habibiz Auctions
Following the recent community support from our article detailing our new roadmap, theteam decided to sit down and brainstorm ideas to innovate in the niche of the NFT space that we are looking to lead.
After much deliberation, our team identified a problem in the NFT market that required a solution.
When a project receives whitelist spots for another hyped project a raffle is started to ensure fairness. Although this works, there is a much more gamified solution for this. If the Habibiz gain whitelist for an extremely hyped project, rather than randomly assigning it to a holder, we will host an auction.
This brings further utility to our $Oil token and gives us another opportunity to burn $Oil, *something which is paramount to a healthy $Oil economy.
*due to the supply being inflationary in the $Oil economy we have to do everything we can as a project to maximise burns of our token.
The Habibiz Marketplace
Although this auction is extremely innovative for the way projects share their whitelists, we still weren’t done with our innovation.
The worry we had as a team is that only people with huge amounts of $Oil stacked up can easily win the auction for the WL. The gamification side of this innovation is no fun if people with low $Oil reserves can never actually buy anything.
In order to combat this we will also be launching an $Oil marketplace, where you can instantly buy whitelists, NFTs and much much more.
More details will come soon, but for now stack up that $Oil, as you will be needing it very shortly…
I hope this article helped give you a better insight into the direction we want to take The Habibiz, join our twitter spaces tonight over at https://twitter.com/The_Habibiz to ask us any questions directly
Thank you for reading, and stack up your $Oil sers!
Scribed by Wolfe
